Taxes

Robert Samuelson: Why Trump’s Tax Reform Won’t Work

By Jacqueline Leo

It’s hard to imagine that tax reform is No. 1 on the Republicans’ to-do list when they still don’t have a 2018 budget. Worse, they still haven’t agreed to raise the debt ceiling, as the federal...
Gary Cohn: Here's What We Want From Tax Reform

By Michael Rainey

Gary Cohn, President Trump’s top economic adviser, told the Financial Times Friday that the White House will begin a sustained push on tax reform starting next week. The president will hit the road...
Wild About Tax Cuts, Wall Street Forgets Its Deficit Worries

By Yuval Rosenberg

Max Abelson at Bloomberg Businessweek details how the titans of Wall Street and others in finance — think Goldman Sachs CEO Lloyd Blankfein, JPMorgan Chase’s Jamie Dimon, Bank of America’s Brian...
Where’s Trump on Tax Reform Push?

By Yuval Rosenberg

The push to promote tax reform to the public is on in force: House Speaker Paul Ryan talked about it at a visit to Intel yesterday and again today at Boeing in Everett, Washington. House Republicans...
Corporate America Is Putting Its Muscle Behind Tax Reform Push

By Michael Rainey

Speaker of the House Paul Ryan (R-Wis.) is visiting Intel Corp. in Oregon today, and it’s not just to discuss the latest computer chips. Ryan’s trip is part of a larger effort by Republicans — and...

Tax Reform Consensus Taking Shape — but Can It Last?

By Yuval Rosenberg

The “Big Six” members of Congress and the Trump administration negotiating a tax reform package are making progress. The group has reached a “broad consensus” on the key question of how to pay for...
When Politicians Start Talking ‘Tax Reform,’ Check Your Wallet

By Rob Garver

If Congress ever actually gets around to pursuing tax reform, voters should expect to hear lots of talk about the benefits that would derive from an overhaul of the nation’s barnacle-encrusted tax...
Here’s How Trump Could Get Democrats’ Help on Tax Reform

By Rob Garver

The Trump administration has been reaching out to ‘Blue Dog’ Democrats to talk about possible areas of agreement on tax reform.
Are You Rich? Tax Reform May Answer That Question for You

By YLAN Q. MUI, CNBC

Whether to raise taxes on the rich is one of the thorniest issues in tax reform. Underlying that debate is an even more fundamental question: Who exactly qualifies as wealthy? Everyone can agree that...
Meet the Man Who Could Determine Your Tax Bill Next Year

By Rob Garver

All the promises coming from the Trump administration and the Republican leadership in Congress about plans to enact a massive rewrite of the federal tax code have been greeted with caution by much...

Dems May Drop Millionaire Surtax

By DAVID ESPO, Associated Press

Democrats may jettison their demand for higher taxes on millionaires as part of legislation to extend Social Security tax cuts for most Americans, officials said Wednesday as President Barack Obama...
Payroll Tax Cut Showdown Coming

By ALAN FRAM

Republicans are girding to push a bill through the House that would continue a payroll tax cut for 160 million workers, but has drawn White House and Democratic objections because it would also force...
SS Tax Cut Will Again Push Deficit Over $1 Trillion

By The Fiscal Times Staff

Even though the federal deficit will drop below $1 trillion, the good news will be short lived. Once the payroll tax cut is passed and an extension of unemployment benefits, all bets are off.
High Oil Prices Could Wipe Out the Tax Cut

By Merrill Goozner, The Fiscal Times

Overlooked in the jousting between President Obama and Republicans on Capitol Hill over how to pay for the payroll tax cut is the unpleasant fact that a substantial portion of last year’s reduction...
12 Ways You Can Whittle Down Your 2011 Tax Bill

By Karen Hube, The Fiscal Times

If you move quickly before ringing in the New Year, there are plenty of ways you can still whittle down your 2011 tax bill – from delaying bonuses and income until next year to showering your kids...

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