Stories Tagged as
Tax cuts
The GOP tax plan and the federal debt … why does it matter?
by
Amy Scott
Dec 4, 2017
The tax cuts the Senate approved in the wee hours of Saturday morning are expected to add at least $1 trillion to the federal deficit over the next decade. That’s according to the Senate’s own Joint Committee on Taxation. And that’s after taking into account a boost to economic growth generated by tax cuts. So […]
Key differences in the House and Senate tax bills, and who is likely to win
Dec 4, 2017
The Senate and House have now both passed their own versions of a tax bill. Now comes the difficult part — reconciling the differences.
What Congress could learn from Kansas
Nov 30, 2017
Making the rounds on Capitol Hill yesterday was Kansas Gov. Sam Brownback. He was talking up his tax cuts in Kansas from 2012 as a model for the GOP to follow in its national tax plan. Thing is, the five years since those Kansas tax cuts were put in place have not been kind to […]
Chairman Brady has faith that the GOP tax cuts will pay for themselves
by
Kai Ryssdal
Nov 30, 2017
Differences in the House and Senate versions of the tax bill are solvable, the congressman says.
In just a few seconds, Gary Cohn accidentally illustrated the problem with the Republican tax plan
by
Kai Ryssdal
Nov 15, 2017
"Why aren't the other hands up?"
A corporate tax cut and jobs might not go hand in hand
Nov 9, 2017
The Trump administration has said that high corporate taxes in the U.S. drive jobs overseas so, in theory, cutting taxes will bring back jobs, or create new ones. But, lower corporate taxes are not at the top of the list for many companies when deciding where to locate a workforce. Click the audio player above […]
Senate GOP backs budget, clears way for tax overhaul
Oct 20, 2017
Enacting a tax overhaul by year’s end is a prime goal of Trump and Republicans.
For public good, not for profit.
Can a corporate tax cut really boost average household income by $4,000?
Oct 16, 2017
The White House released a paper today laying out the argument that a corporate tax cut will give a $4,000 boost to the average household. The studies being used to back up its assertion come from reputable places like the Kansas City Fed and Harvard, although there are plenty of other studies that say otherwise. […]
Why is corporate interest a flashpoint for tax cutters?
Oct 4, 2017
For some companies, the deduction is key to doing business. For others, it's a fat loophole.
2017 is no 1986 when it comes to tax reform
Sep 27, 2017
The ingredients used 30 years ago to rewrite the code don't exist today, including shared principles.