Charlie Rangel Announces Opposition To Tax Reform Bill
Democratic New York Congressman Charles Rangel released a statement Wednesday announcing his opposition to the sweeping tax reform plan introduced earlier in the day by the Republican chairman of the...
View ArticleSweeping Tax Reform Proposal Would End Tax-Exempt Status Of Pro Sports
In the sweeping tax reform discussion draft unveiled Wednesday afternoon, Rep. Dave Camp, the chair of the House Ways and Means Committee, proposed to end the tax-exempt status of professional sports...
View ArticleHouse GOP Tax Reform Plan Goes After Violent Video Game Makers
In his sweeping tax reform discussion draft unveiled Wednesday afternoon, Rep. Dave Camp, the Republican chair of the House Ways and Means Committee, proposed to bar makers of "violent video games"...
View ArticleREPORT: Wall Street Going To War Over Tax Reform Bill
Wall Street is reportedly up in arms over a tax reform plan released by Republican Rep. Dave Camp this week. According to a report in Politico a "GOP lobbyist with knowledge of the conversations" said...
View ArticlePaul Ryan Is About To Become The Most Powerful Member Of The House Of...
Michigan Republican Rep. Dave Camp announced Monday he will not seek re-election this fall, paving the way for Rep. Paul Ryan, the 2012 Republican vice presidential nominee, to become perhaps the most...
View ArticleCongressman Admits Congress Probably Won't Get Anything 'Significant' Done...
Rep. Hakeem Jeffries doesn't expect Congress to get much done this year.Jeffries explained why he doesn't expect much from Congress during a roundtable with local reporters at his district office in...
View ArticlePfizer's Proposed Mega-Deal Involves A Controversial Way Of Cutting Its Tax Bill
(Reuters) - A wave of tax-driven overseas deal-making by U.S. companies gained momentum with drugmaker Pfizer Inc's <PFE.N> announcement on Monday that it had made takeover bids for UK rival...
View ArticleThese 15 US Companies Are Sitting On The Biggest Mountains Of Accumulated...
In the aftermath of several recent events such as i) the issuance of new mega batch of $12 billion in bonds by a suddenly domestic-cash strapped Apple, ii) the repatriation of $9 billion in offshore...
View ArticleDemocratic Senators Have A Plan To Stop The Next Potential Pfizer From...
Fourteen Democratic senators today announced a legislative fix to stop American companies from easily shifting their tax base overseas. Their proposal came in the wake of the drug company Pfizer's...
View Article31 Countries That Have A Better Tax Code Than The United States
The US tax code is falling behind its international peers and now has the third worst tax code in the developed world according a new report from the nonpartisan think tank Tax Foundation.Tax...
View ArticleTech Billionaire Marc Benioff Donates Generously To Politicians And This Is...
Although Salesforce.com CEO Marc Benioff has been a big, visible supporter of President Obama and Nancy Pelosi, he says he's not a Democrat."I'm not a Democrat and I'm not a Republican. I'm an...
View ArticleBILL CLINTON: Executives Think The US Tax Code Is 'Crazy'
Bill Clinton is calling on the US to follow other countries around the world and lower its corporate tax rate to reduce so-called corporate "inversions"â the controversial practice of relocating a...
View ArticleOBAMA TO CEOs: Here's Why You Should Support My Economic Agenda
President Barack Obama had a lengthy conversation at an event hosted by the Business Roundtable, an association of American CEOs, on Wednesday. In the discussion, Obama pointed out areas where he said...
View ArticleHere's why President Obama's new budget should make tech companies nervous
The White House announced details from President Obama's 2016 budget on Monday, including a one-time tax on offshore corporate earnings and a new tax on offshore profits going forward.That's bad news...
View ArticleApple just took out a $6.5 billion loan even though it's sitting on $178...
Apple sold $6.5 billion in bonds on Monday, according to Bloomberg.That's the same Apple that last week announced a record-breaking $18 billion profit over the holiday quarter.It's reasonable to ask:...
View ArticlePaul Ryan: 'Tax reform is a 2015 thing for sure'
WASHINGTON (Reuters) - The Republican Party's leading voice on taxes and budgets, Paul Ryan, said on Friday that the current Congress has only a few months to pull together a deal to overhaul the U.S....
View ArticleThis is how Chris Christie wants to change the tax code
(Reuters) - New Jersey Governor Chris Christie said the country needs a better tax reform with a lower income-tax rate system to boost middle-class income and economic growth rate, the Wall Street...
View ArticleColombia is moving toward an important reform that businesses and investors...
Colombian President Juan Manuel Santos announced on Friday that a long-awaited tax reform will be sent to the country's congress in October and that it should pass before the end of the year.The news...
View ArticleWall Street's consensus for America's most urgent economic issue
Major money managers on Wall Street say tax reform is the most pressing economic issue for the next US president and Congress to tackle.Barron's magazine published its biannual Big Money Poll of money...
View ArticleHow the GOP could ram Trump's tax cuts through Congress
President-elect Donald Trump and congressional Republican leaders are preparing to merge their proposals on tax reform next year and then ramming them through Congress with a budget process that would...
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