Taxes
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    Paying for the Tax Cut Free Lunch

    By Michael Rainey

    A new report from the Tax Policy Center starts with a simple premise: There’s no such thing as a free lunch when it comes to tax cuts, which are eventually paid for with higher taxes or lower...

  • FILE PHOTO: Sen. Susan Collins (R-ME) speaks with reporters ahead of the party luncheons on Capitol Hill in Washington, U.S., October 3, 2017. REUTERS/Aaron P. Bernstein/File Photo

    Could Susan Collins Flip Her Vote on the Tax Cut?

    By Michael Rainey

    The odds still very much favor the passage of the Republican tax bill, but there are questions about one of the Senate’s pivotal votes. Sen. Susan Collins of Maine has concerns about the bill’s...

  • FILE PHOTO: Speaker of the House Paul Ryan (R-WI) speaks during a press briefing on Capitol Hill in Washington

    GOP Tax Plan Not Doing Well at the Polls

    By Michael Rainey

    A CBS News poll released Thursday confirms what other surveys have been saying for some time: The Republican tax plan is not popular with the general public. While most Republicans support the tax...

  • The IRS provides second chances to get your tax return right with Form 1040X.

    A $300 Billion Mistake on the Corporate AMT?

    By Michael Rainey

    One of the issues that is already causing problems for Republicans is the alternative minimum tax for businesses, which the House eliminated in its version of the bill but the Senate retained at 20...

  • Why the Top Corporate Tax Rate May End Up Higher Than 20 Percent

    By Michael Rainey

    President Trump’s reference to a 22 percent tax rate for businesses last weekend left some analysts scratching their heads, since the White House and numerous lawmakers had signaled that the proposed...

Taxes Directory

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