Slashing Saudi Aramco’s tax rate may triple its market value to $1.4 trillion. Yet the kingdom can recoup almost all of what it appears be giving away.
Tax reform was never going to be easy. But now, flailing politically in the wake of the health care debacle, GOP fissures are already clouding the party's efforts to overhaul the tax code. The White House likely won't be keen to let Paul Ryan's House steer the effort after Ryan’s dismal legislative debut. Show More Summary
Wall Street fat cats thought sweeping tax cuts were a sure thing. Not anymore.
Saudi Arabia is aiming to increase the company’s appeal to international investors as it gets ready to sell a 5 percent stake.
GOP health plan failure sows doubts about tax overhaul; water becoming increasingly unaffordable; and Dow and DuPont get permission to merge. These headlines and more from CBS MoneyWatch.
Paul R. Pillar Presidency Foreign Policy Politics, United States The abortive attempt to pass Paul Ryan’s bill for tax cuts and partial dismantling of the health care system vividly demonstrated the consequences of trying to govern according...Show More Summary
My CBPP colleagues and I will have much more to say about this in coming weeks, but there’s no rest down here at Dysfunction Junction as we move from health care to taxes. If you go by Monday morning’s papers, there’s a meme developing that tax reform looks just as hard as was health care reform. Show More Summary
LONDON — Shockwaves from President Donald Trump's failure to overhaul the Affordable Care Act, also known as Obamacare, hit the markets on Monday. Investors were concerned that President Trump won't be able to cut taxes and increaseShow More Summary
New York Times: “Mr. Trump’s inability to make good on his promise to repeal the Affordable Care Act has made the already daunting challenge of tax reform even more difficult. Not only has Mr. Trump’s aura of political invincibility been [...]
Congressional Republicans face a challenge made more difficult by the collapse of their health care bill, and may have to scale back their grand plans.
Stock market wavers amid health overhaul's troubles, but maybe that won't matter. Why? Almost everybody loves lower taxes
If Republicans think tax reform is going to be easier than health care reform, they're kidding themselves.
After the stunning ineptness with which Republicans presented their bill to repeal the Affordable Care Act, a bill doomed less by its promise to strip insurance from 24 million Americans for the sake of another tax cut than by Republican...Show More Summary
`` The passage of the bill was seen by Wall Street as a test as to whether Trump can enact all he has promised, particularly tax cuts and regulatory reform... The S&P 500 tumbled 1.44% over the past five days, its worst weekly loss since the week ended November 4. Show More Summary
"Who knew health care could be this complicated?" President Donald Trump proclaimed just weeks before his long-promised plan to replace his predecessor's signature healthcare law collapsed in a huge political defeat. As the administration...Show More Summary
By Juan Cole / Informed Comment The failed Republican bill would have handed the wealthiest Americans a massive tax cut, paid for by tossing 24 million people off health care insurance.
MSNBC host Joy-Ann Reid reminded her viewers that House Speaker Paul Ryan's (R-WI) proposed cuts to Medicaid services for children were something that he truly believes in and not just a concession to far-right Republicans. During aShow More Summary
#TrumpCare steals billions from Medicaid and cuts taxes for the richest Americans. This is shameful. #PayMoreForLess #ProtectOurCare pic.twitter.com/CzkMwhC5hH — Alcee L. Hastings (@RepHastingsFL) March 24, 2017 Here is how you make a point in Washington DC. Rep. Show More Summary
Brian Maher reveals that Trump blames Paul Ryan for sidetracking his tax cut plan. But why? Also, say Goodbye to health care reform. At least for now... The post Health Care Reform Dead was originally published at The Wall Street Examiner. Follow the money!
GOP hopefuls dangle a tax cut, hot rhetoric and an insider’s insight in a Fairfax forum.