The top Republican on tax policy in the House of Representatives rejected the possibility of cutting taxes without fundamental changes to the U.S. tax code on Thursday, as the main actors in the tax reform debate prepared to meet for a fourth time. Show More Summary
In “A Fine Mess,” T. R. Reid cites examples from Estonia to New Zealand of how tax redesigns can drive economic success.
On Friday’s Morning Joe, MSNBC panelist Donny Deutsch pushed the typical liberal “tax cuts for the rich” narrative as he slammed the Republican health care reform bill: "The other side of the aisle will call this as a redistribution of wealth. Show More Summary
John Cassidy analyzes Mitch McConnell and the Republicans’ new health-care bill, which would cut Medicaid to deliver tax cuts to wealthy households.
There have been a number of articles recently reviewing economic reform under India’s Prime Minister Narendra Modi. The best is this excellent report from the Economist: FEW countries would see a tax requiring some businesses to file over 1,000 returns a year as an improvement. Show More Summary
If Congress pursues tax reform this year, it should consider allowing inflation adjustments for the items discussed below. Each year, the IRS publishes inflation adjustments that modify the tax law as originally enacted. We regularly post about the inflation adjustments in the international tax arena. Show More Summary
If it’s really consequential and it's going to effect one-sixth of the economy (i.e. health care) or 100 percent of taxpayers (i.e. tax reform), you can bet Republicans are going to do it behind closed doors. Sure enough, the AP writes: The...Show More Summary
Yesterday, Speaker Ryan promised that tax reform would happen before the end of 2017. My two cents is that it won’t until Ryan finally agrees to drop the border-adjustment tax that has fractured our movement, the business community, and the Republican caucus. Show More Summary
Today, House Speaker Paul Ryan (R-WI) used a highly-promoted speech to call for a major tax bill in 2017. His message: “Transformational tax reform can...
Ivanka Trump met Republican lawmakers on the Capitol Hill to discuss "pro-family" tax reform. The meeting was spearheaded by Sen. Marco Rubio.
Corporate tax reform was one of the major agendas of President Trump’s election campaign. The proposed changes include a significant cut in the current corporate tax rate of 35% and lowering the repatriation taxes on U.S. companies' overseas cash to a special one-time rate of 10%.
House Speaker Paul D. Ryan (R-Wis.), perhaps to calm nervous donors and anti-tax activists worried that tax reform is on the back burner, gave a widely hyped speech on Tuesday on the GOP’s tax plans. It was filled with platitudes. “Ladies and gentlemen, we are going to fix this nation’s tax code once and for […]
Nancy Pelosi chided Paul Ryan, saying she applauds "his ability to give so many speeches on tax reform without ever sharing details of an actual plan."
President Trump on Wednesday urged Democrats to admit broad defeat and work with him on issues like healthcare and tax reform.
By Ephraim Moss, Esq. & Joshua Ashman, CPA With the recent heavy focus on Congress and the Trump’s administration’s tax reform proposals, it can be easy to forget that the IRS continues to proactively crackdown on offshore tax evasion. Show More Summary
Why is America paying so much to comply with federal taxes?
Paul Ryan is planning to deliver a big speech on tax reform to the National Association of Manufacturers that he hopes will "rekindle" the GOP’s tax effort, writes Politico. As long as he’s at it, he might want to light some candles,...Show More Summary
The House speaker is pushing President Trump to embrace permanent reform rather than a quick jolt like the temporary cuts that George W. Bush signed in 2001.
House Speaker Paul Ryan calls for a major tax bill this year, but provides few new details. He and the White House will have to address seven major issues before they can pass a bill.