Category: Taxation

Republicans Harness Tax Code to Punish Trump’s Political Nemeses

Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.
The House Passed Trump’s Megabill. Bond Investors Are Worried.

Republicans brought the president’s tax cuts one step closer to reality, but Wall Street remains on edge about the fiscal costs.
Republican Bill Could Set Off Global Tax Fight

Retaliatory taxes on foreign companies operating in the U.S. could open the door for a broader economic conflict.
Trump’s Tax Policy Collides with Market Reality

Another spike in Treasury bond yields puts lawmakers in a tricky spot as they push for big cuts that could drastically swell America’s debt pile.
Why Trump’s ‘Big, Beautiful’ Tax Bill Is Worrying Bond Investors

Tax cuts pushed by President Trump are amplifying debt and deficit concerns among the powerful market players who influence interest rates.
Trump’s Pick to Lead I.R.S. Promoted a Nonexistent Tax Credit

Billy Long’s effort to promote the credit, along with his pushing of a fraud-ridden pandemic-era tax break, will be under close scrutiny during his Senate confirmation hearing.
Trump Wants to Fulfill His ‘No Tax On Tips’ Promise. The Details Get Tricky.

The idea is politically popular, but the tax benefits may not go as far for low-income workers as many may think.
The ‘Sell America’ Trade Makes a Comeback

Investors sold stocks and bonds after Moody’s downgraded the U.S. credit rating, potentially complicating negotiations around Republicans’ tax plan.
Moody’s Downgrades U.S. Credit Rating Below Triple-A

The downgrade means that each of the three major credit rating firms no longer gives the United States its best rating.
Republican Tax Bill May Hurt the Lowest Earners and Help the Richest

Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.
Republican Tax Bill May Hurt the Lowest Earners and Help the Richest

Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.
Bond Traders Enter the U.S. Budget Fight

Concerns about the deficit-stretching potential of President Trump’s tax plan is spooking some investors, even as Republicans argue over its particulars.