We spoke with Mark Mazur, the director of the nonpartisan Tax Policy Center, for his take on the law and how it’ll impact Americans starting in 2018.
By Daniel Bush
President Donald Trump has suggested that he may be willing to negotiate changes to a significant portion of the tax overhaul, the corporate tax rate, injecting an element of uncertainty into the tax plan only hours after it cleared the…
By Ken Thomas, Associated Press
Vice President Mike Pence will speak around 3 p.m. ET. Watch his remarks live here.
By Joshua Barajas
Most Senate Democrats and independents said Tuesday that upcoming legislation to rewrite the tax code should make sure the middle class doesn't pay more.
By Andrew Taylor, Associated Press
By Alan Fram, Associated Press
Top Senate Republicans think it's time to leave their derailed drive to scrap the Obama health care law behind them. And they're tired of the White House prodding them to keep voting until they succeed.
In our news wrap Monday, White House efforts to move beyond the failed attempt to repeal and replace the Affordable Care Act were overshadowed by mounting questions over House Intelligence Chair Devin Nunes' revelation about intercepted Trump communications. Also, Turkish…
By Making Sen$e Editor
The importance of pass-through business entities has soared in the past three decades. Over the same period, the amount of pass-through business income flowing to the top 1 percent of income earners has increased sharply, according to a new paper…
By PBS NewsHour
The so-called carried interest loophole is a tax break used by hedge funds and other investment groups that lets wealthy money managers pay a relatively low investment tax rate. Economics correspondent Paul Solman takes a close look at the controversial…
President Obama’s new tax code proposal calls for tax increases for higher-income earners and more tax benefits for low- and middle-income earners. Jeffrey Brown learns more from Neil Irwin of The New York Times about what the plan says about…
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