-
National Economic Council Director Gary Cohn disputed the suggestion that the Trump administration’s proposed tax overhaul would benefit the wealthiest Americans on Friday—and said it’s not clear the highest earners would get any tax cut at all.
September 5 -
The framework issued by the 'Big Six' is thin on specifics.
August 29Wolters Kluwer Tax & Accounting -
The White House is reaching back to a past administration for a strategy to get tax reform passed.
August 9 -
Republicans struggling to pass a major tax overhaul that doesn’t add to the federal deficit are discussing a kind of compromise: mixing permanent revisions with temporary rate cuts for individuals and businesses.
August 8 -
Bill de Blasio would raise the city's highest income-tax rate to 4.41% from 3.88%.
August 7 -
Representative Ted Yoho had hoped to spend the August recess in his North Florida district making the case for a tax overhaul. Instead, the third-term Republican said he doesn’t know what to say when his constituents ask what the revamp will mean for them.
August 2 -
A group of 45 Senate Democrats has sent a letter to President Donald Trump and Republican Senate leaders calling for bipartisan talks on tax reform, but with three preconditions.
August 1 -
Republican congressional leaders doubled down on their pledge to overhaul the U.S. tax code by the end of the year after party leaders abandoned a proposal to tax companies’ domestic sales and imports.
July 31 -
A top income-tax rate of 44 percent for Americans earning more than $5 million per year isn’t under consideration, a White House official said Monday, knocking down a proposal said to be backed by top Trump adviser Steve Bannon.
July 31 -
White House chief strategist Steve Bannon’s plan to raise the top income-tax rate for America’s highest earners could find some support among congressional Republicans as part of a populist message to sell a broader tax overhaul, according to one conservative lawmaker who has heard the proposal.
July 27