The GOP-controlled House passed its version of a budget resolution buy a vote of 219-206 Continue reading A budget resolution, corporate rate cuts and growth, and infrastructure
Kevin Hassett, chair of President Trump’s Council of Economic Advisers, argued today that the corporate tax cuts in the Sept. 27 Republican Unified Framework would… Continue reading Will A Corporate Rate Cut Really Increase US Jobs And Wages?
A Grain of SALT? House Ways & Means chair Kevin Brady acknowledges that Congress won’t fully repeal the state and local tax deduction. Continue reading Outlooks, Compensation, and Inflation
The tax treatment of employee stock and options used as a compensation mechanism raises a classic Goldilocks problem. We want the tax burden on this… Continue reading How Should Tax Reform Treat Employee Stock and Options?
This month and next, the Tax Hound looks at Benton Harbor and Detroit, Michigan. How are two troubled cities using tax policy to sustain or revitalize themselves? Continue reading A Tale of Two Cities: An Income Tax in Benton Harbor?
The Unified Framework: Too soft, or not soft enough? Tennessee Republican Bob Corker isn’t sure the GOP leadership has the “intestinal fortitude” for a tax overhaul… Continue reading Tax reform is hard, a tax plan is… not.
The sketch of a tax plan released last week by President Trump and the congressional Republican leadership quietly includes one provision that could raise taxes… Continue reading The Hidden Tax Increase In The Big Six Tax Outline
100 labor and liberal groups oppose a territorial tax system. Continue reading Marking Territory in Tax Talks
TPC analyzed the Big Six Unified Framework: By 2027, more than 28 percent of middle-income households would face a tax increase. Continue reading If it looks like a cut, walks like a cut, and talks like a cut…
The tax outline unveiled this week by President Trump and the congressional Republican leadership would reduce federal revenue by $2.4 trillion over the next decade,… Continue reading The $2.4 Trillion Big Six Tax Plan: Modest Middle-Income Tax Cuts, Big Benefits For The Rich