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...

In Punishing IRS, GOP Is Harming Honest Taxpayers

By Rob Garver

House Republicans war on the Internal Revenue Service extends beyond the hunt for lost emails. A bill that passed the appropriations committee today will slash the agency’s funding for the fourth...
IRS Emails Suggest Lerner Tried to Target a GOP Senator

By Rob Garver

In the latest twist in the saga of former IRS employee Lois Lerner, House Republicans today released emails that, they claim, show her “targeting” Republican Sen. Charles Grassley for an IRS...
Congress Recycles a Failed Tax Holiday Plan…

By Rob Garver

Members of Congress are pushing a massive tax break for U.S. corporations as a way to replenish the Highway Trust Fund. Think tanks and good government groups think they’re nuts.
IRS Won’t Confirm Destruction of Hard Drives

By Rob Garver

Republican lawmakers, already furious with the IRS over its reported loss of emails from employees central to a congressional investigation, were pushed to new levels of outrage by reports that the...
Lost IRS Emails Point to An Abuse of Power and Cover-Up

By Edward Morrissey

Missing tapes? Abuse of power? It’s 1974 all over again, with one exception – there seems to be no Woodward and Bernstein interested in delving into an abuse of power and a cover-up. The parallels...

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