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Tax reform: Who pays U.S. income taxes (and who doesn't)

In a progressive tax system, making more money means paying .....»»

Category: topSource: usatodayOct 12th, 2017

Here"s where Donald Trump actually does pay taxes

Based on the New York Times' reporting last weekend, you may have the impression that Donald Trump pays little or no income taxes. But Trump doesn't lead a totally tax-free life. Even GOP... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 6th, 2016

Trump Tax Plan To Benefit "Top 1%" Most, Cost $2.4 Trillion, Middle Class To Pay More Taxes

Based on what we already know about the proposed Trump tax reform, which can be summarized as follows: collapse the seven individual income tax rates to three (12, 25, and 35 percent).....»»

Category: blogSource: zerohedgeSep 29th, 2017

Tax reform: Push to simplify taxes is on, but don't touch some deductions

Major cherished tax breaks have deep-pocketed supporters and lobbyists who are s.....»»

Category: topSource: usatodaySep 1st, 2017

Who pays if Congress kills state and local tax deductions

Among the many fights over tax reform, a big one will be waged over the proposed repeal of the deduction for state and local taxes, which has bipartisan support......»»

Category: topSource: cnnJun 20th, 2017

Who pays if Congress kills the state and local tax deduction

Among the many fights over tax reform, a big one will be waged over the proposed repeal of the deduction for state and local taxes, which has bipartisan support......»»

Category: topSource: cnnJun 20th, 2017

Washington braces for unveiling of Trump’s tax reform plan

Deep cuts in corporate and income taxes without new revenue could bloat the budget deficit......»»

Category: topSource: washpostApr 25th, 2017

How to prepare your retail business for border adjustment taxes

Finally, comprehensive tax reform is high on the legislative agenda! However, some of the business tax provisions could potentially drive up consumer prices . Part of the reform on the table is replacing the current income tax system with a consu.....»»

Category: topSource: bizjournalsApr 21st, 2017

Last-minute dos and don'ts if you haven't filed your 2016 tax return - Detroit Free Press

Detroit Free PressLast-minute dos and don'ts if you haven't filed your 2016 tax returnDetroit Free PressDid you file your income taxes yet? You have until Tuesday — April 18, instead of April 15 — .....»»

Category: topSource: googlenewsApr 15th, 2017

Peter Morici: How to axe the IRS: Switch to an elegant and fair value-added tax

The most comprehensive tax reform would be to replace the personal and corporate income taxes with a valued-added tax, writes Peter Morici......»»

Category: topSource: marketwatchApr 3rd, 2017

Why Trump's tax reform could still be a long time coming - CNBC

CNBCWhy Trump's tax reform could still be a long time comingCNBCAmericans will likely have to file their taxes before they see President Donald Trump 's tax plan passed. Trump.....»»

Category: topSource: googlenewsFeb 10th, 2017

Finland is starting a national experiment to try and prove a basic income doesn't make people lazy - Quartz

CBS NewsFinland is starting a national experiment to try and prove a basic income doesn't make people lazyQuartzBy now you've probably heard of universal basic income. Givin.....»»

Category: topSource: googlenewsJan 4th, 2017

6 tax advantages you didn"t know you get with savings accounts

While taxes may be almost as certain as death - or so the old saying goes - that doesn't mean you have to give up a huge chunk of your income to the government each year. Instead, you can use perfectly legal means to reduce your taxes and keep more mo.....»»

Category: topSource: moneycentralDec 7th, 2016

The Tax Reform That Will Make America Great Again Will Hurt Many Americans. Are You One Of Them?

“Reduce taxes across-the-board, especially for working and middle-income Americans”: that was Trump’s campaign pledge. And now the Donald is about to move into the White House and is backed by Republican majorities in both House and Senate. Whic.....»»

Category: blogSource: valuewalkDec 7th, 2016

Global wealth study reveals 'shockingly' high levels of economic inequality - MarketWatch

MarketWatchGlobal wealth study reveals 'shockingly' high levels of economic inequalityMarketWatchDespite the best efforts of those raging against income inequality, the chasm between the world's haves and have-nots doesn't appear to be get.....»»

Category: topSource: googlenewsNov 22nd, 2016

Gross Sees 'No New Trump Bull Market,' Says Growth Plan Flawed - Bloomberg

BloombergGross Sees 'No New Trump Bull Market,' Says Growth Plan FlawedBloombergBill Gross doesn't see Donald Trump making America great again. The president-elect's plan to reduce taxes and increase infrastructure spending is unlikely to .....»»

Category: topSource: googlenewsNov 16th, 2016

Trump stretched tax loopholes 'beyond any recognition' - MSNBC

MSNBCTrump stretched tax loopholes 'beyond any recognition'MSNBCThe fact that Donald Trump didn't pay federal income taxes for many years is not in dispute – because the Republican presidential candidate admitted it during a nationally te.....»»

Category: topSource: googlenewsNov 1st, 2016

Warren Buffett to Trump: 'I have paid federal income tax every year since 1944' - CNNMoney

CNNMoneyWarren Buffett to Trump: 'I have paid federal income tax every year since 1944'CNNMoney"Mr. Trump says he knows more about taxes than any other human. He has not seen my income tax returns. But I am happy to give him the facts," Buffett sa.....»»

Category: topSource: googlenewsOct 10th, 2016

Trump: 'Of Course' I Used Loophole to Avoid Paying Taxes - NBCNews.com

NBCNews.comTrump: 'Of Course' I Used Loophole to Avoid Paying TaxesNBCNews.comTrump said "of course" he took advantage of a loophole to avoid paying federal income taxes, potentially for many years. "I absolutely used it, and so did Warren Buffett.....»»

Category: topSource: googlenewsOct 9th, 2016

Trump's Campaign Knows About As Much About His Tax Payments As The Rest Of Us - Huffington Post

Huffington PostTrump's Campaign Knows About As Much About His Tax Payments As The Rest Of UsHuffington PostWASHINGTON ― We don't know whether Donald Trump paid any federal income taxes, or maybe we do, his campaign manager said Wednesday. Dur.....»»

Category: topSource: googlenewsOct 5th, 2016

Eric Trump: Donald Absolutely Pays Federal Taxes - Daily Beast

Washington PostEric Trump: Donald Absolutely Pays Federal TaxesDaily BeastEric Trump insisted that his father pays federal income taxes when grilled about it by a CNN reporter on Tuesday night. After Tim Kaine repeatedly brought up the topic during Tuesda.....»»

Category: topSource: googlenewsOct 5th, 2016