On Sunday, top presidential adviser Kellyanne Conway made an important rhetorical pivot: The Trump Administration may no longer be pushing for tax cuts or even...
As tax reform discussions heat up, policy nerds have been debating the House Republican proposal for a destination-based cash-flow tax for business income. Much of...
At his Senate Finance Committee confirmation hearing today , Steven Mnuchin, President-elect Trump’s choice to head the Treasury Department, seemed somewhat confused about the Tax...
RIP DBCFT It was probably too good an idea to survive the Washington policy meat grinder, but President-elect Donald Trump may have killed the House...
What Delaying Affordable Care Act Repeal Would Mean for Tax Reform It looks increasingly as if Congress may slow-walk its efforts to repeal the Affordable...
Republicans in the House are proposing sweeping corporate tax reform . Their proposals would effectively repeal the corporate income tax, currently levied at a 35 percent rate, and replace it with a new “destination-based cash-flow tax (DBCFT)” at a 20 percent rate for corporations and 25 percent for unincorporated businesses. The new tax would be border-adjustable – taxing imports and exempting exports.
Tax policy debates often focus on entrepreneurs, those risk-takers who build businesses from scratch. In an effort to better understand how innovators who create new...
A year after moving to our new home in Michigan, we faced a big property tax hike. We swallowed hard, but paid it. After all, we had little choice, and it did reflect an increase in the value of our house. Then there is the story about homeowners in Chicago.
Making tax policy predictions for 2017 is especially perilous, given the uncertainties surrounding the incoming Trump Administration’s fiscal agenda. But since there is a good...
