Donald Trump has reversed or corrected himself — or has accused others of misrepresenting him — on his tax plan, on punishing women for abortions, on giving nukes to Asian allies and on arming citizens to prevent terrorist attacks. It has given rise to the impression that he doesn’t believe in anything — other than […]
I’ve ever seen anything quite like it: A presumptive presidential candidate proposes a major policy initiative and a month before he is due to be...
I’ve ever seen anything quite like it: A presumptive presidential candidate proposes a major policy initiative and a month before he is due to be formally anointed at his convention, his own party’s House members roll out a dramatically different plan. That, of course, is exactly what House Speaker Paul Ryan [...]
Last Friday, Congressional Republicans unveiled a tax plan that would make major changes to the U.S. tax system. So far, much of the news coverage has focused on the plan’s promise to “dramatically simplify our broken tax code.” ButShow More Summary
Paul Ryan and the House Republicans rolled out a new tax plan last week that promises to lower rates, eliminate tax preferences, and simplify the federal tax system. One attractive promise: “Simple, Fair ‘Postcard’ Tax Filing” that would cut your income tax return down to just 14 lines.
WASHINGTON (AP) — A new Washington study says Donald Trump's tax and budget plans would make the national debt skyrocket by $10 trillion or more over the coming decade, mostly because of his ambitious and expensive tax cuts. By contrast,...Show More Summary
Today is June 27, the 86th birthday of Ross Perot, who ran for President as an independent in 1992 and received 19 percent of the vote. His platform was an interesting mix of left and right, with calls for entitlement reform, opposition to NAFTA, and avoiding social issues. Show More Summary
Donald Trump's tax plan isn't particularly well developed, but he does make his position clear on one major international tax issue. Trump would retain the United States' worldwide tax system while eliminating the deferral of taxes on foreign profits.
House Republicans unveiled what they called a “bold” tax agenda Friday with lower rates, immediate writeoffs for capital investment, shorter tax forms and a rethinking of international rules. Here's a look at why and what comes next...
Guest post by Joe Hoft Speaker Paul Ryan, in his infinite wisdom decided that Friday was a good day to... The post Paul Ryan Goes Rogue: Disses Trump and Releases His Own Tax Plan to ‘Unify Republicans’ After Divisive Primary appeared first on The Gateway Pundit.
House Republicans rolled out a roadmap for tax reform Friday that drastically cuts corporate taxes and benefits high-income taxpayers—but not nearly as much as the plan proffered by the party's presumptive presidential nominee, Donald...Show More Summary
Speaker Paul Ryan (R-Wis.) rolled out a tax plan Friday, the last major initiative from a set of six task forces. Regrettably it was swamped by Brexit news and a tailspin in world economic markets. (Donald Trump cheers others’ misery of course, saying as the British pound collapses more people will come to his Scottish […]
This morning, the office of Speaker Paul Ryan released a blueprint for tax reform that would overhaul major components of the U.S. tax code and lower taxes for households and businesses. The key details of the plan are listed below: Individual...Show More Summary
The House GOP has been busy in the past six months. Not only did they reveal their long-awaited Obamacare alternative on Thursday, but on Friday...
House Republicans have released a proposal for major tax reform. Kudos to Ways and Means chairman Kevin Brady for stepping up to the plate and planning ahead for 2017. Brady and his staff did extensive outreach to think tank expertsShow More Summary
Today is June 24, the date of the UK’s enactment of the Iron Act 1750, which repealed taxes on British exports of finished goods to America, and on American raw material exports to Britain. Because other trade taxes remained, its purpose was to focus American trading with Britain and discourage American manufacturing. Show More Summary
Today is June 22, the date in 1936 when the U.S. first adopted a graduated corporate income tax. Unlike individual income taxes, a progressive corporate income tax doesn’t make much sense. The tax is paid in some combination by shareholders,...Show More Summary
Broader bases and lower rates: these are the two pillars of tax reform. Unfortunately, when it comes to reforming America’s tax code, Donald Trump’s tax plan has only half of the blueprint; while Mr. Trump’s plan slashes tax rates across...Show More Summary
Today is June 20, the anniversary of West Virginia statehood in the midst of the Civil War. Because the constitution requires that a state consent to any division, the Unionist government of Virginia in exile approved the decision. Two...Show More Summary
A big sale for cash means big taxes, and that invites tax planning before it's too late.