A major international group is trying to prevent companies from shifting profits to countries with low tax rates.
Walmart is raising wages, but that might have less to do with taxes and more to do with the labor market.
Republicans in the Senate unveiled their tax bill yesterday. It proposes a delay the corporate tax cut that President Donald Trump says is crucial to spurring economic growth. The House plan would have cut the top corporate tax rate from 35 percent to 20 percent beginning next year. The Senate wants to delay that until […]
"If folks are going to stand in the way, then we are going to hold them accountable next November," Neil Bradley of the chamber says.
After months of big promise and bullet-pointed lists, the GOP is out with a tax bill today. It is a long way from final. Democrats, business groups and others are already pushing back hard against elements of the plan. Among the changes the GOP is touting loudest and seems most committed to is a plan […]
Tom Hayes says the company is looking at affordable, sustainable options that consumers want.
President Donald Trump said that lowering corporate taxes could result in a $4,000 pay raise for U.S. households.
The White House released a paper today laying out the argument that a corporate tax cut will give a $4,000 boost to the average household. The studies being used to back up its assertion come from reputable places like the Kansas City Fed and Harvard, although there are plenty of other studies that say otherwise. […]