Tax

Can Trump’s corporate tax cuts help the middle class?

Taxes may be inevitable, but how businesses and workers react to the tax code isn’t always predictable. Take President Donald Trump’s pledge this week to cut corporate taxes to 15 percent from their current 35 percent. In a speech in Missouri on Wednesday, Mr. Trump said a lower business tax rate would not only create jobs, but raise wages and ...

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Why the smoking price hike is ridiculous

Vaping laws in Australia are nonsensical. Vaping is still illegal, while cigarettes can be bought in any convenience store. Laws differ from state to state in a system that seems to want Joe Hildebrand dead. People don’t smoke because they can afford it. It’s quite the opposite. AUSTRALIA has the most expensive cigarettes in the world. And today, they just ...

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Rising Dem star Tim Ryan splits with party, endorses corporate tax cuts

Democratic Rep. Tim Ryan (Ohio) is going against party leaders and calling for a business friendly agenda ahead of the 2018-midterm elections. “To be competitive globally, we have to reduce the corporate tax rate,” Ryan told The Hill in an interview from his Youngstown, Ohio, district office. “We’re just not competitive globally because of that.” Ryan, a fast-rising Democrat from ...

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The reality beneath Trump’s tax reform talk

There’s long been a mismatch between how President Donald Trump described his tax plans and what he’s actually proposed, going back to his days on the campaign trail. | Jim Watson/Getty Images Taxes While he emphasizes benefits to regular taxpayers, much of the push is about cutting corporate rates. By BRIAN FALER 08/31/2017 04:59 AM EDT President Donald Trump’s tax ...

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Donald Trump to lower corporation tax to 15pc ‘to compete with Ireland’

Donald Trump pictured at Doonbeg in west Clare. Photo: Kip Carroll Donald Trump to lower corporation tax to 15pc ‘to compete with Ireland’ Independent.ie President Donald Trump has confirmed he still wants to see the US corporate tax rate drop to 15 per cent as he name-checked Ireland as a country with low corporation tax. http://www.independent.ie/world-news/north-america/president-trump/donald-trump-to-lower-corporation-tax-to-15pc-to-compete-with-ireland-36086600.html http://www.independent.ie/incoming/article35333191.ece/acfbd/AUTOCROP/h342/4%20NEWS%20SL%20%20C%20%2073671Edit.jpg Email President Donald ...

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Trump launches push for tax overhaul to boost middle class – Las Vegas Review-Journal

WASHINGTON — President Donald Trump pitched his new tax-reform initiative Wednesday in a speech that promised to boost the middle class by challenging a rigged system. Speaking at a manufacturing company in Springfield, Missouri, Trump provided few specifics of what the tax plan should look like. Treasury Secretary Steve Mnuchin and Chief Economic Adviser Gary Cohn have been talking with ...

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Trump has a corporate tax plan. Economists have some questions.

President Trump holds the state flag of Texas outside of the Annaville Fire Department after attending a briefing on Hurricane Harvey in Corpus Christi, Tex., on Tuesday. (Jim Watson/Agence France-Presse/Getty Images This post has been updated President Trump’s much-awaited speech about his plans for tax reform has fired up the debate about who really wins when taxes are slashed. The ...

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