Taxes
  • ITALY-HORSES-THEFT

    ‘Temporary’ Tax Breaks Alive and Well in Budget Deal

    By Michael Rainey

    The Senate budget deal contains multiple “tax extenders” that carry over supposedly temporary tax breaks from previous years. These extenders are an odd bunch and include tax breaks for everything...

  • Big Jump in Corporate Buybacks

    By The Fiscal Times Staff

    Critics of the GOP tax overhaul argue that businesses will use their tax cut windfall not for domestic investment but to boost buybacks and enrich shareholders. On Wednesday, CNBC provided some...

  • Why Companies May Hold Back on Investing Their Tax Cut Cash

    By Michael Rainey

    One of the key claims made by supporters of the GOP tax overhaul is that the new tax rules will boost domestic investment significantly. Kevin Hassett, chair of the president’s Council of Economic...

  • FILE PHOTO - Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 26, 2018. REUTERS/Brendan McDermid

    Are the GOP Tax Cuts Spooking the Stock Market?

    By Michael Rainey

    After a prolonged and unprecedented period of stock market calm, investors are looking for someone or something to blame for the recent sharp drop in equities and Tuesday’s volatile swings. The...

  • How Big Business Is Reacting to the Tax Cuts

    By Michael Rainey

    The recently passed tax overhaul is already having a big effect on U.S. businesses, Bloomberg reports, with a record 75 percent of companies raising their guidance on profits: “The main takeaway at...

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