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Nationwide Insurance announced on Wednesday that most of their workers will receive a $1,000 bonus, and they will increase their 401(k) match rates thanks to the recently passed Tax Cuts and Jobs Act.
In response to the tax bill which will lead to a lot more money in her pocket, Abigail Disney, heiress to the Walt Disney Company fortune, said she would be donating that tax break to a worthy cause of her choosing.
It appears increasingly likely the Republican Congress will pass tax reform this week. As we analyze the plan, it's important to remember – incentives matter.
Well - for now - that was an anti-climax...
President Donald Trump promised everyday Americans a "giant tax cut for Christmas" in a speech that the White House billed as his closing argument for a tax overhaul that congressional Republicans finished negotiating on Wednesday.
Senator Rand Paul has come out against the tax bill after initially voting for it. That's two. Three would kill it.
The hidden agenda in the so-called tax reform bill is to act as stop-gap quantitative easing to plug the "liquidity" hole that is opening up as the Federal Reserve (America's central bank) makes a few gestures to winding down its balance sheet
The GOP's delusional theory that the $1.8 trillion of business tax cuts (corporate and pass-thrus) in the Senate bill will pay for themselves in higher investment, growth, jobs, wages and revenue reflows is about as realistic as the Bitcoin Mania.
Ron Paul returns to the hot seat in another Liberty Report where our viewers get to ask the questions... Which questions did we pick? How did Ron answer? Any surprises? Tune in!
I deplore the tax cut that has passed Congress. It is not an economic policy tax cut, and it has nothing whatsoever to do with supply-side economics.
President Donald Trump scored a major win Thursday as establishment Republican John McCain agreeing to get on board a sweeping revamp of the nation's tax code. Majority Leader Mitch McConnell expressed confidence of final passage by week's end, a
The Senate Republican tax bill is now so bastardized one cannot properly call it "reform." I propose starting all over. Moments ago, the Senate Finance Committee Voted 11-10 to Approve Senate Tax Plan.
U.S. President Donald Trump plans to meet Tuesday with Senate Republicans in a crucial week for his presidency and his tax plan that could decide whether he ends his first year with a major legislative achievement.
It's clear that American leftists are adamantly opposed to cutting taxes if it benefits corporations. But what would they rather have done?
The House of Representatives has reportedly used taxpayer funds to cover at least $15 million in sexual misconduct settlements in the last decade.
Taxation most likely began ten thousand years ago, when nomadic hunter-gatherers gave up their wandering ways--and the tools associated with them--settled down, and started growing crops and herding livestock, which requires an entirely different s
The tax reform bill to be released Thursday will not include a repeal of ObamaCare's individual mandate, sources say, despite President Trump proposing the idea on Wednesday.
The income tax should be 0%, just as it was for the first 137 years of American history. So tax cuts across the board are always a welcome development. However, tax cuts are just part of the big picture. What we need is a total cut in government's si
Republicans powered a $4 trillion budget through the House on Thursday by a razor-thin margin, a close vote underscoring the difficulties that lie ahead in delivering President Donald Trump's promise to cut taxes.
The House of Representatives on Thursday narrowly approved a $4 trillion budget that paves the way for Republicans on Capitol Hill to begin focusing on tax reform.
President Trump and the congressional Republican leadership recently unveiled a tax reform "framework." The framework has a number of provisions that will lower taxes on middle-class Americans. For example, the framework doubles the standard dedu
Let me make this as simple as possible. If a corporation has earned $250,000 then it will pay corporate tax in the amount of $37,500 at the low rate and as much as $67,500 at the high rate. Dividends are then distributed to shareholders whereby they
President Trump pitches his tax reform plan to bring back Main Street. He gave his speech in Springfield, Missouri Subscribe now for more videos every day, and I'll see you tomorrow
reform or lose your seats in 2018...
House Speaker Paul Ryan delivered a "major speech" on House tax reform plans this week. Will reforms mean government is going to get smaller? Or are the deck chairs just being re-arranged?
Last Thursday, President Donald Trump signed an executive order (EO) that ostensibly relaxes enforcement of the Johnson Amendment--a 1954 amendment to the 501c3 Internal Revenue Code (IRC) that places churches under the regulations of non-profit orga
David Stockman has a stern message for investors: They're living in a fantasy land about Trump.
Now that Obamacare is dead and buried, at least for the near future, all eyes are on tax reform.
Senate Majority Leader Mitch McConnell (R-Ky.) on Thursday poured cold water on the Trump administration's goal of completing tax reform by the August recess.
