Recent News Headlines : Progressive Tax

TRUMP SAYS 'VERY SURE' RUBIO WILL VOTE 'YES'


Lawmakers have also agreed to set a higher corporate tax rate than originally planned, taking the current 35 percent rate to 21 percent instead of 20... READ MORE

15th December, 2017 400

TRUMP SAYS 'VERY SURE' RUBIO WILL VOTE 'YES'


Lawmakers have also agreed to set a higher corporate tax rate than originally planned, taking the current 35 percent rate to 21 percent instead of 20... READ MORE

15th December, 2017 295

DONALD TRUMP PROMISES 'GIANT TAX CUT' AS CHRISTMAS GIFT TO AMERICANS


We didn't become great through massive taxation and Washington regulation, he said... READ MORE

14th December, 2017 0

JOHN CORNYN'S FOSSIL FUEL PROVISION WOULD PERSONALLY ENRICH REPUBLICAN LAWMAKERS


Federal disclosure records show that in 2017, all three companies' lobbyists have been pressing lawmakers on issues related to the taxation of partnerships... READ MORE

12th December, 2017 1995

FORMER HOUSE STAFFERS RETURN, NOW REPRESENTING SPECIAL INTERESTS


Diane Black TN-6, chair of the House Budget Committee, has two former staffers lobbying the House on tax issues... READ MORE

7th December, 2017 328

CITIGROUP CFO SEES $20 BILLION HIT IF SENATE TAX BILL SIGNED


About 3 billion to 4 billion of the charge would come from the taxation of unremitted foreign earnings... READ MORE

6th December, 2017 199

TAX BILL PROVISION FROM TEXAS SENATOR WOULD ENRICH PIPELINE GIANTS


MLPs themselves are already exempted from corporate taxes, but Cornyn's last-minute provision would cut income taxes on the money earned by the MLP partners... READ MORE

5th December, 2017 491

CALIFORNIA AND ILLINOIS REPUBLICANS COULD FACE INTENSE PRESSURE


Tax Bill California And Illinois Republicans Could Face Intense Pressure... READ MORE

5th December, 2017 62

ALARM BELLS SOUNDING OVER GIGANTIC RUN-UP IN MOMENTUM STOCKS


The lender recommends fund managers who are overweight momentum and growth stocks take a defensive approach to tax reform by buying near-term protection... READ MORE

1st December, 2017 300

'TRIGGER' THAT ADVANCED GOP TAX BILL POSES RISKS FOR SENATE VOTE


Even before the committee vote, Senator Pat Toomey of Pennsylvania said a revenue trigger would hobble the bill's ability to spur economic growth... READ MORE

29th November, 2017 228

BEHIND THE TAX CUT: RECORDS REVEAL THE DONORS REPUBLICANS FEAR


Graham has introduced modest campaign finance reform legislation and has criticized the influence of super PACs... READ MORE

10th November, 2017 29

B.C. ANNOUNCES TASK FORCE TO PROVIDE ADVICE ON ENDING MSP PREMIUMS


An expert task force will advise the British Columbia government on how to eliminate medical premiums within four years... READ MORE

3rd November, 2017 1370

FOSSIL-FUEL FRIENDLY TAX PLAN SPARES OIL, NOT SOLAR OR TESLA


Those held through corporate entities would see a big benefit from the 20 percent corporate tax rate, he said... READ MORE

2nd November, 2017 2628

ARE YOU MIDDLE CLASS ENOUGH TO GET A TAX CUT FROM PRESIDENT TRUMP'S PLAN?


Are you middle class enough to get the tax breaks President Trump and House Speaker Paul Ryan are promising?... READ MORE

2nd November, 2017 2048

HOUSE TAX WRITERS ARE PLANNING TO KEEP TOP INDIVIDUAL RATE AT 39.6%


House Republican tax writers are planning to keep the top individual income tax rate at 39.6 percent, according to two people familiar with the negotiations... READ MORE

31st October, 2017 89

DO LOWER TAXES SPUR ECONOMIC GROWTH? WHAT HAPPENED IN NO-TAX STATES


Not surprisingly, Laffer's ALEC papers show how states with zero tax rates have greater growth in personal income, payroll employment and tax revenues between 2005 and 2015... READ MORE

26th October, 2017 56

DONALD TRUMP JOBS: PRESIDENT'S CORPORATE TAX REFORMS MAY BE GREAT FOR M&A BUT TERRIBLE FOR CREATING EMPLOYMENT OPPORTUNITIES


Currently, the U.S. has the third-highest corporate marginal tax in the world i.e., corporate tax rate plus local and sales taxes ... READ MORE

24th October, 2017 1

TRUMP'S TAX PLAN GOADS WAL-MART, COMCAST TO BUY BACK BONDS


Big U.S. companies don't know how American tax laws will be changed in the coming months, but they're apparently not waiting to find out... READ MORE

12th October, 2017 27

TRUMP TELLS PA. TRUCKERS HIS TAX PLAN WOULD GIVE AMERICANS $4,000 RAISE


Truckers his tax plan would give Americans 4,000 raise The president expressed confidence that Pennsylvania lawmakers would help push his tax plan through Congress... READ MORE

12th October, 2017 3113

TAX PLAN WILL BE 'ROCKET FUEL' FOR ECONOMY, TRUMP SAYS


The Trump administration is trying to build momentum for the Republican tax proposal against criticism that it would heap trillions of dollars onto the national debt... READ MORE

30th September, 2017 431

TAX REFORM COULD OPEN UP A HUGE LOOPHOLE FOR WEALTHY AMERICANS


That's one example of a pass-through business, now a hot topic in the U.S. tax reform debate... READ MORE

29th September, 2017 587

DONALD TRUMP'S PROPOSED TAX PLAN COULD BENEFIT TRUMP


The Trump plan cuts corporate taxes from 35 percent to 20 percent ... READ MORE

28th September, 2017 573

VICE PRESIDENT PENCE TAKES TAX PLAN TO MICHIGAN WORKERS


Pence's stop Thursday afternoon at automotive supplier American Axle in Auburn Hills was part of a swing through several states seeking support for the tax reform plan... READ MORE

28th September, 2017 0

TOP INDIVIDUAL TAX RATE REMAINS UNDER DISCUSSION IN GOP TAX PLAN


Lobbyists citing multiple leaks of the framework's elements had previously said they include taking the top individual tax rate down to 35 percent from 39.6 percent... READ MORE

27th September, 2017 33

Trending News Headlines : Progressive Tax

WHAT TRUMP TAX REPORT COULD MEAN FOR HIS CAMPAIGN


Trump is also playing with fire in refusing to release his tax returns... READ MORE

2nd October, 2016 43153

AMERICANS DON'T MIND PAYING TAXES. BUT THEY WANT TRUMP TO, ALSO.


Since the federal income tax was introduced during the Civil War, U.S. citizens have complained about their taxes... READ MORE

2nd October, 2016 11982

MORE OF HIGHEST-INCOME CANADIANS ARE PAYING NO INCOME TAX


Once these business-related credits and deductions are applied, high-income taxpayers can use another item to lower their tax rates even further... READ MORE

27th April, 2017 11759

TRUMP, ALLIES TRY TO CONTAIN TAX AVOIDANCE STORY


Former Democratic presidential candidate Bernie Sanders said the Trump tax story underscores the unfairness of the economic system... READ MORE

3rd October, 2016 9232

BANNON IS SAID TO CALL FOR 44 TAX ON INCOMES ABOVE 5 MILLION


That plan condensed the seven existing individual income tax rates to three, with a top rate of 35 percent... READ MORE

27th July, 2017 4751

HOW TRUMP'S TAX PLAN MAY IMPACT YOUR RETURNS


President-elect Donald Trump has proposed the largest tax cuts since Ronald Reagan... READ MORE

12th November, 2016 2589

DEUTSCHE BANK TRUMP COULD PUSH THE US ECONOMY AND STOCK MARKETS TO NEW RECORDS


As such, Bianco recommends that investors in need of income should turn to utilities stocks, which have been battered since the election... READ MORE

22nd November, 2016 2161

27 GIANT PROFITABLE COMPANIES PAID NO TAXES


But a few companies have at least escaped the taxes part... READ MORE

7th March, 2016 2113

PFIZER, ALLERGAN DRUG MERGER TALKS RAISE TAX HACKLES IN U.S.


Earlier Thursday before the companies confirmed the talks, Pfizer Chief Executive Officer Ian Read reiterated his criticism of U.S... READ MORE

29th October, 2015 1404

'DESPERATE FOR RATINGS': WHITE HOUSE SLAMS RELEASE OF TRUMP TAX RETURN


In a Tuesday evening broadcast, MSNBC broke the details of President Donald Trump's 2005 tax returns, obtained by investigative journalist and fierce Trump critic David Cay Johnson... READ MORE

15th March, 2017 865

DONALD TRUMP TAX PLAN TO CUT INCOME TAX OF WEALTHIEST AMERICANS BY FIVE PER CENT


The reforms also include a massive tax cut for businesses, with rates being slashed to 15 per cent... READ MORE

26th April, 2017 808

DONALD TRUMP'S NEW TAX PLAN COULD HAVE A BIG WINNER


Trump would tax pass-through income at a rate of 15 percent, compared to the 40 percent personal income tax rate a wealthy business owner would pay today... READ MORE

11th August, 2016 733

SWEDEN WARNED NOT TO RETURN TO HIGH-TAX 70S


Hansson Brusewitz said that the decision to increase that tax was rather good since the reduction was ineffective... READ MORE

29th March, 2017 618

TRUMP REVISES HIS TAX PLAN, RAISES TOP RATE


But Trump, reading from teleprompters, was laser-focused on promoting his economic agenda and contrasting his plans with Hillary Clinton's... READ MORE

8th August, 2016 473

GOOD AND BAD NEWS ABOUT TRUMP'S MASSIVE TAX PLAN


Wednesday's unveiling of the plan by Gary Cohn, head of the White House's National Economic Council, and Treasury Secretary Steve Mnuchin offered a pretty good start... READ MORE

28th April, 2017 425

U.S. TAX CUT HOPES SENT STATE COLLECTIONS DOWN IN APRIL


Personal income taxes make up slightly more than a third of states' total general fund revenue, and sales taxes comprise roughly another third... READ MORE

21st May, 2017 380

AMERICANS ARE GETTING CLOBBERED BY THEIR TAX BILLS


According to BLS's Consumer Expenditure Survey, the average household's 2016 tax bite was 10,489, a whopping 41 percent more than just three years earlier... READ MORE

2nd September, 2017 374

REFORMER OR SHORT-TERM THINKER? TWO PERSPECTIVES ON TRUMP'S FIRST 100 DAYS


Is donald trump the most unpopular us president in history?... READ MORE

2nd May, 2017 332

3. BUILDING AND ENGINEERING COMPANIES


Trump has suggested lowering the corporate tax rate to 15 percent from 35 percent... READ MORE

28th February, 2017 318

TAXES ARE NO LONGER CERTAIN AND THAT'S DISRUPTING SOLAR DEALS


If the rates go lower, financing packages may no longer be as economical for developers, said Daniel Shurey, a New Energy Finance analyst in New York... READ MORE

25th April, 2017 297

MURRAY EDWARDS DENIES LEAVING ALBERTA TO AVOID TAXES, BUT TAX FLIGHT MAY BE AN OPTION FOR SOME


Murray Edwards denies leaving Alberta to avoid taxes, but tax flight may be an option for some... READ MORE

9th May, 2016 264

INDIA SETS RATES IN MAJOR SALES TAX REFORM


Indian businesses have been lobbying for the countrywide tax rates as the reform is expected to reduce costs, particularly for shipping goods across state borders... READ MORE

4th November, 2016 226

LIBERAL MIDDLE CLASS TAX CUTS EXPECTED TO COST $100M MORE, PBO REPORT SAYS


The budget office's calculations, like those of the government, made assumptions on how people at different income levels might respond to the tax changes... READ MORE

22nd January, 2016 191

THE 32-WORD HISTORY OF TRUMP'S FIRST 100 DAYS


Trump, though, has proposed a corporate tax cut that's too big to pay for and too long-lasting to work with the reconciliation rules... READ MORE

28th April, 2017 190

DONALD TRUMP'S FORMER ACCOUNTANT SAYS BILLIONAIRE 'WASN'T BRILLIANT' WITH TAXES


Donald Trump was not brilliant at manipulating the tax system as he has claimed, according to his own former accountant... READ MORE

6th October, 2016 177

MARKETS SAY 'TELL US WHAT WE DON'T KNOW' ON TRUMP TAX PROPOSAL


For Microsoft Corp., the second-largest holder of money abroad, dollar-denominated bonds alone make up more than 60 percent of total cash, securities filing shows... READ MORE

27th April, 2017 135

WHAT'S THE AVERAGE AMERICAN'S TAX RATE?


In addition to federal income tax, there are several other taxes Americans may have to pay... READ MORE

12th March, 2017 114

ABOLISH TV LICENCE, SCRAP MOTOR TAX AND REDUCE INCOME TAX


RENUA Ireland wants to abolish the television licence scrap motor tax and reduce income tax to a flat rate of 23pc... READ MORE

5th October, 2015 108

WATCH THESE STOCKS AS BAROMETER FOR CHANCES OF TRUMP TAX REFORM


It's getting some relief from preemptive selling that saw an S P 500 index of retailers fall 1.7 percent last week, the biggest decline of the year... READ MORE

28th March, 2017 100

TRUMP ADMINISTRATION PROPOSES MAJOR TAX OVERHAUL


Corporate tax rates would be more than halved from the current 35 percent, and tax brackets for individuals would be compressed from seven to just three... READ MORE

27th April, 2017 90


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