Republicans’ Fiscal Discipline Wilts in Face of Trump’s Tax Plan

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Spread the loveTweetMr. Trump’s proposal, while short on details, calls for cutting taxes on corporations and individuals, including reducing the corporate tax rate from 35 percent to 15 percent and…


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Trump’s Tax Plan Is a Reckoning for Republican Deficit Hawks

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Spread the loveTweetMs. MacGuineas’s group estimates that Mr. Trump’s plan could reduce federal tax revenue by $3 trillion to $7 trillion over a decade. The economy would need to grow…


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Curb the Use of Overseas Tax Havens? Yes! But How?

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Spread the loveTweetRepublicans and Democrats have railed against the accounting acrobatics that American multinationals exploit to avoid paying taxes on foreign earnings. They buy or merge with foreign companies to…


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Economic Trends: Winners and Losers in the Trump Tax Plan

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Spread the loveTweet■ High-income earners. The plan would reduce the top rate on individual income tax — now 39.6 percent for income over around $470,000 for a married couple —…


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A Trump Tax Cut Looks Good to Business, but It Has to Add Up

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Spread the loveTweetLong-term certainty; offsetting lost revenue; lower rates for noncorporate enterprises; border taxes and tariffs; and the treatment of offshore profits — all can be just as important, if…


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Orrin Hatch Says He Can Accept Temporary Tax Cuts That Raise Deficit

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Spread the loveTweetPhoto From left, Senator Orrin G. Hatch of Utah, Abdel Fattah el-Sisi, the president of Egypt, and Senator Mitch McConnell, the majority leader from Kentucky, in Washington last…


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I.R.S. Enlists Debt Collectors to Recover Overdue Taxes

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Spread the loveTweet “Collecting tax debt that’s due and not in dispute is a matter of fairness to the many taxpayers who pay what they owe,” said Senator Charles E.…


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