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THE HOUSE OF REPRESENTATIVES has passed the GOP's tax bill. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Senate passes U.S. tax overhaul, putting GOP on brink of big...

WASHINGTON – Senate Republicans passed the most extensive rewrite of the U.S. tax code in more than 30 years, a bill that delivers a...
QUICK WORK: Senate tax-writing committee continues working out the details of its tax cut proposal which it could vote on as soon as Thursday. / BLOOMBERG FILE PHOTO/ ANDREW HARRER

Tax debate update

NEW YORK -House leaders cleared the way for a Thursday vote on their tax-overhaul bill as Senate tax writers released a late-night draft that...
THE FIRST ITERATION OF A TAX overhaul bill in the House of Representatives proposed reducing and cutting tax breaks for renewable energy companies. / BLOOMBERG FILE PHOTO/KEN JAMES

Fossil-fuel friendly tax plan spares oil, not solar, wind or Tesla

NEW YORK - The tax overhaul proposed in the U.S. House looks like a better bet for oil and natural gas companies than solar...
HOUSE TAX WRITERS released the individual tax brackets and rates in the newly proposed tax bill revealed Thursday. / BLOOMBERG FILE PHOTO/DANIEL ACKER

Tax bill’s individual income tax brackets revealed

NEW YORK - House tax writers unveiled what the individual income tax brackets will be under their proposed legislation - with a 39.6 percent rate...
HOUSE REPUBLICANS BEGAN releasing details on a new tax plan Thursday. / BLOOMBERG FILE PHOTO/ANDREW HARRER

House tax bill has major changes for businesses, individuals

NEW YORK - House Republican leaders began rolling out a tax bill Thursday that contains sweeping changes for business and individual tax rates, including a...
TIME IS RUNNING OUT: It appears Senators will have to choose between trying to pass tax cuts or health care reform this year. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Republicans face tough choice: repeal Obamacare or cut taxes

NEW YORK - After the collapse of the Obamacare repeal, Republicans may have to choose between pursuing another health bill or pushing through a...
BLLOMBERG FILE PHOTO/SCOTT EISEN

Opinion: Why tax cuts seem to be working in Massachusetts

As you've probably read, maybe even in this column, cutting taxes to stimulate economic growth hasn't worked out so well for Kansas. In fact,...
SENATE FINANCE COMMITTEE CHAIRMAN ORRIN HATCH, R-Utah, says that it is not a given that the taxes that were rolled back in the House of Representatives' American Health Care Act will be written out of the Senate's version of health care reform.

Obamacare taxes aren’t necessarily going away, GOP senators say

WASHINGTON – Republican senators said it’s unclear whether their chamber will repeal all of the taxes imposed under Obamacare as they set aside the...
JANET YELLEN, chair of the U.S. Federal Reserve, arrives to speak at the National Community Reinvestment Coalition conference in Washington, D.C., U.S., on Tuesday, March 28, 2017. /BLOOMBERG NEWS PHOTO/ANDREW HARRER

Yellen may see inflation risk in deficit-busting Trump tax cuts

WASHINGTON - What President Donald Trump giveth to the economy with massive tax cuts, Federal Reserve Chair Janet Yellen may be tempted to taketh...

Tax cuts for rich don’t boost economy

Economists who lean toward the free-market side of the ideological spectrum often say that tax cuts help the U.S. economy by encouraging people to...
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