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Buybacks are a $1 trillion political hot potato — here’s why politicians and CEOs are sparring over them
captionBernie hates buyba...
JPMorgan fell nearly 3% early Tuesday after posting worse-than-expected profits for the fourth quarter.
Paul Ryan says one of his biggest regrets is the ballooning federal deficit. The evidence shows he has himself to blame.
House Speaker Paul Ryan on Thursday said one of his biggest letdowns was the increasing federal deficit, but he helped make the debt situation worse.
A survey from the National Association for Business Economics found 81% of US businesses said the GOP tax law hadn't changed their investment plans.
Trump’s bewildering new tax cut proposal is ‘the height of cynicism’ and an admission the GOP tax law failed politically
President Donald Trump's shock announcement that the GOP was working on a new tax cut is an implicit admission that the GOP tax law didn't win voters.
President Donald Trump's promise of a second tax cut aimed at the middle class is quickly unraveling, since getting such a bill passed before the midterm elections in November would be practically impossible.
Republicans claimed that the new Tax Cuts and Jobs Act would pay for itself or even decrease the federal deficit. But based on new numbers from the Treasury Department, that doesn't appear to be happening.
Gary Cohn confirmed on Monday that President Donald Trump wanted to raise the top marginal tax rate to 44%, during an event in New York, confirming a detail in Bob Woodward's new book "Fear: Trump in the White House." Cohn declined to answer more questions about Woodward's book.
Trump confirmed that his administration may try a legally dubious maneuver to create a $100 billion tax cut that overwhelmingly benefits the wealthy
President Donald Trump told Bloomberg that he is considering indexing capital gains taxes to inflation, a move that would result in a $102 billion tax cut. According to a recent study, over 97% of that benefit would go to the wealthiest 10% of Americans.
Gary Cohn, the former Goldman Sachs executive and economic adviser to President Donald Trump, said that the administration's plan to index capital gains taxes to inflation "got killed in 30 seconds or less" when it was proposed during his time at the White House.