Taxes
  • Maurice Luncheonette, Portland, Oregon

    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...

  • Senate Majority Leader Senator Mitch McConnell (R-KY) attends a news conference following party policy lunch meeting at the U.S. Capitol in Washington. REUTERS/Carlos Barria

    The Tax Battle Shifts to the Senate

    By David Morgan and Amanda Becker, Reuters

    Congressional Republicans took important steps on Thursday toward the biggest U.S. tax-code overhaul since the 1980s, with the House of Representatives approving a broad package of tax cuts, and a...

  • FILE PHOTO: Demonstrators gather outside the U.S. Capitol to protest the Republican tax plan as it works through the Senate in Washington November 30, 2017. REUTERS/James Lawler Duggan

    Major US Tax Cuts Not Likely This Year, Economists Say

    By Indradip Ghosh and Rahul Karunakar, Reuters

    BENGALURU (Reuters) - U.S. Republicans are not expected to push major tax cuts through Congress this year, according to a majority of economists in a Reuters poll, who in any case were skeptical that...

  • Brady Ryan GOP Tax Plan

    House Passes Major Tax Overhaul Bill

    By David Morgan and Amanda Becker, Reuters

    The U.S. House of Representatives approved a broad package of tax cuts affecting businesses, individuals and families on Thursday, moving Republicans and President Donald Trump an important step...

  • Senate Plan Would Eventually Hike Taxes on Families Earning $75,000 or Less

    The latest analysis by the Joint Committee on Taxation casts further doubt on GOP claims that their tax bill represents a big win for American workers and the middle class. The report released...

  • Wall Street Still Bullish on GOP Getting Tax Reform Done

    By Michael Rainey

    Goldman Sachs thinks that the odds of a GOP tax package being passed in the next few months are still high, despite recent complications including the addition of Obamacare mandate repeal to the...

Taxes Directory

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