A Republican faction that is essential to the bill’s ultimate passage isn’t yet on board.
3 minute read
The text of the bill includes provisions to sunset a tax credit that essentially sets a base price for nuclear power.
2 minute read
The current proposal calls for boosting the tax rate on the largest private college and university endowments.
3 minute read
During the campaign, President Donald Trump promised that the extension of his 2017 bill would eliminate taxes on tips, overtime, and Social Security.
4 minute read
Tesla investors are weighing the impact of President Donald Trump’s tax policy on shares of the EV maker.
2 minute read
A bipartisan group of lawmakers wants to increase the state and local tax deduction cap but disagree on how high to push it.
4 minute read
The House Ways and Means Committee, which drafts tax legislation, is set to release so-called markup details of a budget reconciliation bill.
3 minute read
A lasting trade peace is still far off and a complicated tax fight looms.
Long Read
The president reportedly pressed the House speaker to increase the top income-tax rate but then took to social media to say it would be politically risky.
3 minute read
Never has a policy promised so much from so little, Benn Steil writes in a guest commentary.
Long Read
The president said he would impose a 100% import tax on movies produced abroad.
2 minute read
Tariffs alone won’t fix the problem. There’s another culprit behind soaring trade deficits, Robert P. Murphy and Mark Spitznagel write in a guest commentary.
4 minute read
IRS rules on required minimum distributions kick in at age 73. How to deal with it in a volatile market.
4 minute read
The tax increases must still be approved by the governor. They are intended to boost revenue and make a big dent in a $16 billion budget deficit.
2 minute read
This year’s tariff-induced volatility has provided opportunities to sell your losing stock positions to capture a tax write-off. What to know.
4 minute read
Republicans have said they will cut taxes, reduce the deficit, and leave entitlement programs largely untouched. Keep your eye on the debt.
4 minute read
Tariff revenue so far falls short of president’s number, Congress returns with tax-cut bill as its top agenda item, and more news to start your day.
Long Read
Both candidates to replace Trudeau as prime minister support the current 25% retaliatory tariffs Canada imposed on some U.S. goods after Trump imposed the same levies on Canadian imports.
2 minute read
The numbers precede a more important release on Wednesday that tells the market how this debt will be divided between short- and longer-dated securities.
2 minute read
Since tariff levels were raised on April 9, the U.S. is collecting an average of $918 million a day. Donald Trump has promised $3 billion.
2 minute read
The Trump administration said it didn’t have immediate plans to act against nonprofits, but Congress could do, possibly as part of the tax bill.
Long Read
Investors face a busy week of earnings including four of the Magnificent Seven due to report and economic data about jobs, inflation, and economic output.
2 minute read
Many long-term munis now look like bargains. How to get tax-equivalent yields of up to 8%.
Long Read
Tesla’s CEO is stepping back from his federal cost-cutting gig, but slashing the budget is too important to Trump to just go away.
3 minute read
Research from the Peterson Institute for International Economics s the latest to show that the White House’s estimates of the revenue impact of tariffs are likely overblown.
3 minute read