Trump tax plan is heavy on cuts but light on details

Apr 26, 2017
Those cuts have to be paid for, and the president may have trouble getting Republicans on board.
Secretary of the Treasury Steven Mnuchin and National Economic Director Gary Cohn speak about President Trump's new tax reform plan at the White House today.
Mark Wilson/Getty Images

Rep. Brady on tax reform: 'We're going to get this done this year'

Apr 24, 2017
The chairman of the House Ways and Means Committee believes the government won't shut down Friday.
"We bounce back from recessions like no other country does. But not this last time," said Rep. Kevin Brady, chairman of the House Ways and Means Committee.
MIKE THEILER/AFP/Getty Images

What it might mean if Trump succeeds in cutting the business tax rate

Mar 16, 2017
President Donald Trump reminded Fox News’ Tucker Carlson last night that he aims to bring taxes “way down” on businesses, from 35 percent to 15 percent. But a lot of companies don’t pay 35 percent, because they take deductions and exclusions to shave their tax bill. A drop in the overall tax rate could make […]

When is a health care bill not a health care bill? When it's a tax bill.

Mar 14, 2017
The GOP health plan includes $600 billion in tax cuts for the health industry and wealthy Americans.
Speaker of the House Paul Ryan (R-WI) (R) takes his notes after talking to reporters about the American Health Care Act with House Majority Leader Kevin McCarthy (R-CA) outside Ryan's office in the U.S. Capitol March 7, 2017 in Washington, DC.
Chip Somodevilla/Getty Images

Trump administration hopes to pass tax reform by August

Feb 23, 2017
U.S. Treasury Secretary Steven Mnuchin said the administration is hoping to pass major tax reform legislation before Congress leaves for its August recess. President Donald Trump has set ambitious goals of economic growth of 3 percent or higher, rates not seen in over a decade. Mnuchin said the administration will achieve this through a combination […]

Will Trump finally dump the estate tax?

Jan 16, 2017
It's been a GOP target for years.

It could be a very good holiday for U.S. charities

Dec 1, 2016
Charities could see a bump up in donations this month. That’s because wealth advisers are telling their clients to increase their giving now, before likely changes to the tax code next year. On his website, Donald Trump says he’ll cut the top tax rate to 33 percent. And he wants to cap itemized deductions for […]
Wealth advisers say their clients are adjusting their giving plans in light of likely changes to the tax code in 2017. 
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2001 tax cuts fifteen years later

Mar 8, 2016
It’s tough to simply blame tax cuts for the state of the economy.

Closing the loophole on a tax advantage

Jan 20, 2015
More on President Barack Obama's proposal.

Will China's plan to remake Tibet as a tax haven work?

Aug 19, 2013
When you think of Tibet, you probably don't think of private equity. Nonetheless, some investment companies are moving there, lured by big tax breaks.