• File photo of former Republican U.S. presidential candidate Ted Cruz speaking during the third night of the Republican National Convention in Cleveland

    Ted Cruz Wants a Bigger Tax Cut

    By Jacob Pramuk, CNBC

    Sen. Ted Cruz wants to slash taxes even more deeply than many of his Senate GOP colleagues. The Texas Republican on Friday called for an "unapologetic tax cut" in the plan Republicans are hashing out...

  • The Wall Street bull is seen in the financial district in New York

    Stocks May Not Need Tax Reform

    By Michael Rainey

    Researchers at Credit Suisse don’t think the stock market rally this year has been driven by hopes for tax reform, since in their analysis companies with high effective tax rates that would stand to...

  • Steve Mnuchin, U.S. Treasury Secretary, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2017. REUTERS/Mike Blake

    Mnuchin: 'We can't have the federal government continue to subsidize the states'

    By Jeff Cox, The Fiscal Times

    Treasury Secretary Steven Mnuchin said Thursday the removal of the tax deduction for state and local taxes remains an important part of the administration's reform plan. "We can't have the federal...

  • The $4,000 Question: Where Did Trump Get His ‘Pay Raise’ Number?

    By Michael Rainey

    President Trump told an audience in Pennsylvania that the GOP tax plan would give the typical American household a “$4,000 pay raise,” though without providing any detail about the source of that...

  • An Alfa Romeo car is assembled on the production line at the FCA plant in Cassino

    Why the Trump Tax Cut May Not Create Many New Jobs

    By Michael Rainey

    Job creation is a big part of the Republican pitch on tax reform. Just today, Senate majority Leader Mitch McConnell penned an op-ed on NBC News that claimed the tax plan would “unleash the potential...

Taxes Directory

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