The House version of the tax bill is currently in markup in the House Ways and Means Committee. Senate Majority Leader Mitch McConnell said the Senate could release its version on Friday. And even as we’re getting into the nitty-gritty on this thing – pulling apart provisions one as the time and examining them, the […]

Some places to easily hide wealth don’t conjure up images of paradise.

President Donald Trump prides himself on being deal-maker-in-chief, and that includes arms sales to foreign militaries. In Japan for his Asia trip, the president said the Japanese could shoot North Korean missiles out of the sky when they buy “lots of additional military equipment” from the U.S. He also said that would mean lots of […]

The Republican tax plan would change alimony from something that is treated favorably for the people who have to pay it to something that is more of a tax burden. That’s because alimony payments would no longer be deductible from income on the payer’s tax return. The change could make divorce settlements more difficult to […]

Congressional staffers, lobbyists, think tanks, and many others are getting ready for a weekend of digging through the 400-plus page GOP tax bill. They will be sorting out where to pick their fights come Monday, when the bill heads to the House Ways and Means Committee for markup. Already weighing in are small businesses, many […]