Tag: Taxes

Some hard figures help explain why the Reagan administration tax reforms were enacted with the support of so-called "Reagan Democrats" in Congress, while not a single Democrat voted for the 2017 tax reform. (AP Photo/Scott Stewart)

Beltway Confidential

The Trump tax reform won’t match the Reagan ones

John Mueller · January 17, 2018 3:56 am

The average automobile owner already spends about $1,570 on gasoline. Now the Chamber wants to tag on another $157. (AP Photo/Rich Pedroncelli)

Beltway Confidential

Um, what? Chamber of Commerce encourages Republicans to raise taxes ahead of midterms

Philip Wegmann · January 16, 2018 11:01 pm

The U.S. Chamber of Commerce's president, Thomas Donohue, said Tuesday that the nation's biggest business lobby wants "to put our oar in the water" but acknowledged it would be "a tough vote" to raise the gasoline tax for the first time since 1993. (AP Photo/Julio Cortez, File)

Energy and Environment

Chamber of Commerce wants 25 cent increase in gas tax to pay for infrastructure

Josh Siegel · January 16, 2018 8:14 pm

While there's an initial cost from the tax bill, GE's Chief Financial Officer Jamie Miller said the company likes the new business framework.

Trump tax plan compounds $6.2 billion blow from GE insurance troubles

James Langford · January 16, 2018 7:03 pm

While the tax plan's up-front cost led to an $18.3 billion net loss in the three months through December, Citigroup remains optimistic about its future benefits. (AP Photo/Mark Lennihan, File)

Citi’s rosy forecast looks past $22 billion charge from Trump tax plan

James Langford · January 16, 2018 2:38 pm

"Are you better off today than you were four years ago?" Republicans are now uniquely poised to ask it once again. (AP Photo/Manuel Balce Ceneta)

Rep. Tom McClintock: The question Democrats fear most

Rep Tom McClintock · January 16, 2018 5:01 am

New ads targeting Chicago millennials, highlighting Wisconsin's shorter commutes and lower cost of living, are giving Midwestern progressives one more reason to resent Republican Wisconsin Gov. Scott Walker. (AP Photo/Morry Gash)

Wisconsin woos disgruntled millennials from economically failing Chicago

Brendan Pringle · January 16, 2018 5:01 am

Citigroup revenue climbed 3 percent to $18.9 billion in the first three months of 2018.

Lower tax rate may cost banks another $20 billion before benefits kick in

James Langford · January 15, 2018 9:39 pm

More companies will set up more business in the U.S., because it's now easier to compete by doing so thanks to the new tax law. (AP Photo/Paul Sancya)

Tax cuts drive business back to the Motor City

Washington Examiner · January 14, 2018 5:01 am

Sen. Chris Van Hollen, D-Md., said Republicans are going to regret gloating about their new tax law when it becomes clear any "trickle-down" impact won't take effect until after the 2018 midterms. (AP Photo/J. Scott Applewhite)

Chris Van Hollen: Tax cuts won’t ‘trickle down’ fast enough to help GOP

Al Weaver · January 14, 2018 5:01 am

Red-state Democrats in Congress usually are some of the most bipartisan, but in the era of Trump, things have changed. (AP Photo/Jacquelyn Martin)

Salena Zito: Red-state Democrats posture for donors instead of working for voters

Salena Zito · January 14, 2018 5:01 am

Gov. Ricardo Rossello of Puerto Rico said reports that President Trump called certain foreign nations "shithole countries" "surreal." (AP Photo/Evan Vucci)

Puerto Rico Gov. Ricardo Rossello: Trump’s ‘shithole’ remarks are ‘unacceptable,’ ‘surreal’

Naomi Lim · January 13, 2018 5:38 am