“I try and I try and I try and I try.” President Trump threatened to veto the $1.3 trillion spending bill that his administration had negotiated hours before
The IRS has reported that its overall audit rate is continuing to fall , especially for businesses and high-income individual taxpayers. The Service audits less...
President Trump signed two proclamations yesterday that impose tariffs on steel (25 percent) and aluminum (10 percent), in order to defend national security.
Last year, Congress proved it can act quickly—enacting the massive Tax Cuts and Jobs Act (TCJA) just six weeks after the first version was introduced...
A new poll shows an uptick in support of the tax bill. A Monmouth University poll finds that 44 percent of those surveyed approve of the Tax Cuts and Jobs Act, while an equal number disapproves.
The Senate passed its version of the Tax Cuts and Jobs Act. After the GOP leadership made a flurry of last-minute changes, the Senate early Saturday morning passed its version of the nearly 500-page bill.
Still scrambling to produce a draft bill. House GOP leaders promised they’d roll out a tax bill today, but they are still battling over details and now plan to release their plan tomorrow.
Despite President Trump’s repeated promise that an upcoming tax cut would be the biggest in US history, the proposal now being considered by the House...
The GOP gives up on ACA repeal. Senate Republicans, without 50 votes to pass the Graham-Cassidy health care bill on a fast track, withdrew the legislation from consideration. On to a tax bill.
In a much-promoted speech today, President Trump vowed in Springfield MO that a coming tax bill would “benefit loyal, hard-working Americans and their families” and...
Taxes aren’t just about raising money for government. Policymakers engaging in tax reform must recognize how their decisions can disrupt markets for a wide range...