This year, Mr. Harter returned to PwC.“I fully complied with Treasury Department conflicts rules by not meeting with PwC representatives” during a two-year “cooling off” period that restricts government officials […]
Tax Cuts and Jobs Act (2017)
Trending topics and news from the Tax Cuts and Jobs Act (2017) category
Back to news homeIn Social Policy Bill, Businesses See a Lot to Like. They Oppose It.
“People say they’re for this new stakeholder economy, that they’re committed to sustainability,” said Mr. Hollender, now the chief executive of the liberal American Sustainable Business Council. “But at the […]
How Private Equity Firms Avoid Taxes
There were two weeks left in the Trump administration when the Treasury Department handed down a set of rules governing an obscure corner of the tax code.Overseen by a senior […]
ProPublica Report Has Congress Rethinking How to Tax Superrich
WASHINGTON — A jaw-dropping report by ProPublica detailing how America’s richest men avoided paying taxes has intensified interest in Congress, even among some Republicans, in changing the tax code to […]
Rich Americans Like Bezos, Musk, Buffett Avoided Income Tax
Lawmakers like Senator Elizabeth Warren, Democrat of Massachusetts, have championed the idea of placing a 2 percent tax on an individual’s net worth above $50 million — including the value […]
Biden Defends Plans to Tax the Rich
“Ultimately, his political standing is judged by the health and well-being of the economy,” said Josh Holmes, a political adviser to Senator Mitch McConnell of Kentucky, the Republican leader. “What […]
Why a $10,000 Tax Deduction Could Hold Up Trillions in Stimulus Funds
“I think it’s a giveaway to the rich,” she told reporters last month. “So, I do not believe in holding the entire infrastructure package hostage for a full repeal and […]
Biden Administration Debating How to Overhaul a Trump-Era Tax Break
Critics of the program say the regulations issued by Mr. Trump’s Treasury Department, which were meant to clarify what sort of investments would qualify for the special tax treatment, are […]
Big Companies Like FedEx and Nike Paid No Federal Taxes
Just as the Biden administration is pushing to raise taxes on corporations, a new study finds that at least 55 of America’s largest paid no taxes last year on billions […]
Biden Wants to Raise Taxes, Yet Many Trump Tax Cuts Are Here to Stay
During the presidential campaign, Mr. Biden proposed trillions of dollars in tax increases on corporations and the rich, but his plans stopped short of a full repeal of Mr. Trump’s […]