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Tax cut winners and losers

President Donald Trump and the Republicans’ tax cut is proving to be vastly more generous for corporate America, and vastly more expensive for taxpayers,...
THE UNITED STATES' largest companies protected their profits following the 2017 tax cuts by using their savings to offset risings costs, including for labor, transportation and imports. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Tax cut billions fail to spur spending as CEOs safeguard profits

NEW YORK - Critics of President Donald Trump’s tax law centerpiece - slashing the corporate rate - argued the savings wouldn’t spur big companies...

Stocks rally as vote clouds clear with no surprise

NEW YORK – U.S. equities jumped, the dollar dropped and Treasuries climbed as investors moved past the hurdle of uncertainty presented by the midterm elections...

Opinion: Trump’s tax cut hasn’t done anything for workers

NEW YORK - A few months ago, I cautioned that Americans should be patient before deciding what effect President Donald Trump’s tax cuts have...

Big U.S. banks slashed 8,000 more jobs before tax-cut windfall

SEATTLE – America’s biggest banks just spent a week regaling shareholders about brighter days ahead, when tax cuts add billions of dollars to the...
THE REPUBLICAN TAX OVERHAUL will result in significantly different effective tax rates in a number of industries.

What largest tax overhaul in 30 years means for companies

NEW YORK – The impact of the biggest overhaul of the U.S. tax code in three decades will spread far and wide starting next year,...

AT&T cheers Republican tax cut with $1,000 worker bonus

NEW YORK – AT&T Inc., the phone carrier locked in a battle with the U.S. government over its Time Warner Inc. acquisition, lauded President...
WORKING THROUGH THE NIGHT on Tuesday, Dec. 19, and then through the early afternoon on Wednesday, Congress delivered a $1.5 trillion tax cut bill to President Donald Trump for his signature. / BLOOMBERG NEWS PHOTO/ZACH GIBSON

Congress sends Trump tax-cut bill in first GOP legislative win

WASHINGTON – House Republicans passed the most extensive rewrite of the U.S. tax code in more than 30 years – hours after the Senate...

Small, midsize bizs benefit most from Trump tax plan

President Donald Trump promised companies a “massive” tax cut. Businesses aren’t likely to benefit equally, however. Small and especially midsize companies stand to gain the...

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