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New Mexico House speaker says tax reforms won't get vote

Democratic House speaker Brian Egolf says the New Mexico Legislature will not vote on a major tax reform proposal backed by the state's Republican governor during a special legislative session. … Click to Continue »

Treasury Secretary Suggests Trump Opposes Border Adjustment Tax

13 hours agoNews : Huffington Post

WASHINGTON ? The Border Adjustment Tax may not be dead, but President Donald Trump himself may be giving up on making the controversial surcharge on imports part of a tax reform bill later this year. Treasury Secretary Steve MnuchinShow More Summary

House Holds Hearing Today On The Border Adjustment And International Tax Reform

The House Ways & Means Committee held a hearing this morning on Increasing U.S Competitiveness and Preventing American Jobs from Moving Overseas: The hearing focused on border adjustment and international tax modernization as a core element of comprehensive tax reform and the implications of these policies for increasing jobs, investment,...

Ryan Bucks White House on Tax Plan

“Paul Ryan and the White House are barreling toward a tax reform show-down — a faceoff that’s becoming all but inevitable as the speaker continues selling a tax plan rejected by Trump officials,” Politico reports. “At issue is a controversial [...]

The Ways and Means Hearing on Tax Reform Is a Missed Opportunity

The House Ways and Means Committee is having a hearing tomorrow on tax reform and U.S. competitiveness. It would be a great thing if the committee wasn’t using this opportunity to continue pushing the misguided border-adjustment tax (BAT). On the political front, I remain puzzled by the House GOP’s strange fixation with the provision. Show More Summary

The 'dementia tax' could cost Theresa May a landslide general election victory

Theresa May suffers backlash after announcing plans to reform social care. Conservative poll lead has been slashed in half since May announced the policy. Tory campaign has bought up ads telling voters the "real facts" about their plans. Partial...Show More Summary

Democrat Sen. Wyden warns of diminishing potential for tax reform

3 days agoNews : The Cutline

By Ginger Gibson WASHINGTON (Reuters) - Democratic Senator Ron Wyden thinks Republican leadership is moving away from trying to implement full-scale tax reform this year and instead are turning their attention to simply cutting rates. Show More Summary

At a White House in crisis, Trump looks increasingly isolated

3 days agoNews : Trending Now

President Donald Trump’s fellow Republicans in Congress are showing signs of going their own way, both on politics and policy, determined to salvage what they can of their agenda on healthcare and tax reform in the wake of one of the most difficult weeks of any American presidency. Show More Summary

New Estimates of Corporate Tax Rates

Corporate tax reduction is at the center of the tax reform debate in 2017. While the United States has the highest statutory corporate tax rate in the OECD, some pundits claim that U.S. companies are not so hard done by because they pay low effective rates. Show More Summary

Takeaways from Initial House Ways and Means Tax Reform Hearing

The House Ways and Means Committee on May 18 held its first hearing this congressional session on efforts to reform the U.S. tax code that could boost economic growth. Below are some of the key takeaways from committee members and the panelists. Full Expensing Would Do the Most to Encourage Business Investment During his opening […]

Numbers reveal how bad NYC's property taxes are

A coalition of real estate developers and civil rights groups have filed a lawsuit to force reform of the city’s unfair property tax system, charging it is illegal and racially discriminatory.... To view the full story, click the title link.

Infrastructure Week, Tax Reform Top The NAM Agenda This Week

The NAM and its members were all-in during Infrastructure Week this week in Washington, DC. NAM President and CEO Jay Timmons kicked off the week by underscoring the ways in... The post Infrastructure Week, Tax Reform Top The NAM Agenda This Week appeared first on Shopfloor.

Goldman Slashes Trump Tax Cut Forecast By Over 40%

It took the market about 6 months to realize that contrary to initial expectations, Trump's fiscal reform would be substantially delayed and implemented in 2018 at the earliest, if at all. Next, it's time to take the machete to the total...Show More Summary

PAUL RYAN: Trump 'clearly did have a bad 2 weeks'

House Speaker Paul Ryan, while acknowledging President Donald Trump's "bad two weeks," is still penciling in a massive tax reform in 2017 despite the troubles roiling the White House. Appearing on conservative radio host Hugh Hewitt's...Show More Summary

How Trump’s tax reform could impact homeownership — and home prices

When President Donald Trump released his tax reform plan in April, everyone was scrambling to figure out if it was good, bad or neutral. It's not an easy question to parse -- we all have different household configurations with different...Show More Summary

Tax Policy In The Trump Administration

Bloomberg, 25 Million Americans Could Find Mortgage Tax Break Useless Under Trump’s Plan Bloomberg, Apple Falls on Concerns About Trump's Tax Reform Bloomberg, Retail CEOs Renew Border-Tax Fight at Meeting With Mnuchin Bloomberg, Top Tax Writer in House Won't Back Down on Offsetting Cuts Bloomberg, Trump ‘Preference’ for Interest Deduction...

Scandal-Weary Republicans Return to Their First Love: Tax Reform

The odds of major tax legislation are growing longer, but GOP leaders held an initial hearing on Thursday to show they’re determined to forge ahead.

Consider Smart Tax Moves Now That Work With Possible Reform

Republicans are pushing forward with their tax reform agenda. Many traders feel like a deer caught in headlights. They are anxious to make smart moves for 2017 tax planning based on current law and are uncertain if tax reform changes will enhance or undermine their maneuvers.

Mnuchin: We absolutely believe we need to generate revenue

Treasury Secretary Steven Mnuchin testifies before the Senate Banking Committee and answers questions about tax reform and debt.

Mnuchin: Tax reform is critical to growing the economy

Treasury Secretary Steven Mnuchin testifies before the Senate Banking Committee and answers questions about tax reform.

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