Tax Cuts - Page 2 of 3 - Providence Business News

INVESTING IN R.I.: Democratic gubernatorial candidate Matt Brown says Rhode Island should follow North Dakota in setting up a revenue-generating bank for the state. He says the lending bank would partner with local community groups and credit unions, with profits reinvested in the state. / PBN PHOTO/MICHAEL SALERNO

Matt Brown wants R.I.’s governor to focus less on business interests...

Cover Story 07/13/2018

Matt Brown, a longtime activist for social, educational and environmental causes, wants to bring that mission to the top level of state government next...

IN AN ECONOMIC LETTER, an economic letter from the Federal Reserve Bank of San Francisco, economists Tim Mahedy and Daniel Wilson wrote that analysts may have overestimated the benefits of the Tax Cuts and Jobs Act of 2017. / BLOOMBERG FILE PHOTO/JULIA SCHMALZ

Growth benefits of U.S. tax cuts may be overestimated

Economic Activity 07/10/2018

NEW YORK - United States growth expectations may be too rosy as analysts overestimate how much tax cuts will boost the economy, according to...

Tax cuts will hurt charities

Government 01/26/2018

Philanthropic organizations have been on edge since Republicans rammed through the monumental tax bill: Will Americans give as generously now that the incentives have...

WILLIAM DUDLEY, president and chief executive officer of the Federal Reserve Bank of New York, says the risk of an overheating U.S. economy in the next few years, partly fueled by tax cuts, reinforces the case for continued gradual interest-rate increases. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Fed’s Dudley worries tax cuts risk overheating U.S. economy

Economic Activity 01/11/2018

NEW YORK - The risk of an overheating U.S. economy in the next few years, partly fueled by tax cuts, reinforces the case for continued gradual...

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...

Government 12/20/2017

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

Economic Activity 11/15/2017

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

Government 11/03/2017

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

Government 11/02/2017

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

Economic Activity 11/02/2017

NEW YORK - House Republican leaders began rolling out a tax bill Thursday that contains sweeping changes for business and individual tax rates, including a...