President Trump and his allies have united around a new foe: the economists and budget experts who have warned about the costs of Republicans’ tax ambitions.
Category: Taxation
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Economists Question G.O.P. Bill: Why Increase the Deficit in Good Times?
Huge deficits are already making bond investors nervous. Economists warn that could make it harder to respond to future crises.
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Ray Dalio’s Prescription for Avoiding Fiscal Catastrophe
The hedge fund billionaire’s take on how to fix America’s fiscal woes is getting a warm reception in Washington, even as he suggests drastic changes.
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Japan’s Debt, Now Twice the Size of Its Economy, Forces Hard Choices
Japan’s government faces pressure to curtail debt-fueled spending that some argue has staved off populist waves.
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House Bill Takes Aim at Tax Break for Sports Owners
The legislation cuts in half a tax write-off potentially worth hundreds of millions to some professional sports team owners.
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House Bill Takes Aim at Tax Break for Sports Owners
The legislation cuts in half a tax write-off potentially worth hundreds of millions to some professional sports team owners.
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Electric Vehicles Died a Century Ago. Could That Happen Again?
Battery-operated vehicles were a mainstay more than a hundred years ago, but only a few still exist — one happens to be in Jay Leno’s garage.
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Pivoting From Tax Cuts to Tariffs, Trump Ignores Economic Warning Signs
The president’s economic policy approach is so far rattling markets, businesses and consumers.
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Tax Cuts Now Could Lead to Rising Rates Later. Here’s How to Protect Yourself.
The swelling budget deficit makes future tax increases likely, our columnist says, even if taxes are going down now. Hedge your bets with a concept from investing — diversification.
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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.
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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.
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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.