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* Wall Street's sky-high expectations have raised the stakes for Republicans aiming to overhaul the tax code. Stocks have surged since President Trump's election, in part because investors are betting [...]

* President Trump and congressional Republicans are seeking to move the ball forward this week on their efforts to overhaul the tax code. A group of GOP lawmakers and administration [...]

* The U.S. economy could take a hit if Washington policymakers don't move to lower the corporate tax rate, a new study finds. The Ernst & Young analysis says that [...]

House Minority Leader Nancy Pelosi on Wednesday called on Republicans to bring up a bill extending middle-class tax rates under a suspension of the rules, which requires a two-thirds majority [...]

More than 160 corporate executives on Tuesday expressed support for including tax-rate increases in a deficit deal, publicly breaking with Republican leaders who have ruled them out. In an about-face, [...]

* The approach of the so-called fiscal cliff has unleashed a torrent of inanity in Washington. The cliff is an artificial impediment, a testimony to the ineptitude of the last [...]

* The unreasonable Republicans in the House of Representatives are willing to raise taxes by $800billion. Anti-tax Republicans will raise taxes. I'm not happy about it, but that is what [...]

from San Francisco Chronicle * Some of the biggest names in Silicon Valley decided to open or expand offices in Texas in the past three years--including Apple, Electronic Arts, Facebook [...]

Businesses are trying to ward off a massive tax increase on investments by pressing the case that dividends are not just the province of the rich, but a source of [...]

Senate Republican Leader Mitch McConnell's (Ky.) decision to let Senate Democrats pass legislation over the summer raising taxes on wealthy families has put his colleagues in the House in a [...]

To understand the so-called 'fiscal cliff,' you need to understand America faces two big economic challenges: getting the economy back on track, and getting the budget deficit under control. The [...]

Speaker John Boehner (R-Ohio) on Wednesday shot down a proposal by a senior GOP lawmaker that the House agree to President Obama's demand to extend middleclass tax rates as Republicans [...]

President Obama on Wednesday ramped up his sales pitch for Congress to accept a budget deal that includes tax increases on the wealthiest Americans, offering a stark warning to lawmakers [...]

Brent Bozell, a prominent conservative activist and fundraiser, is threatening to steer donors away from the Republican Party if GOP lawmakers sign a deal to raise taxes. Bozell sent a [...]

Many people in Washington, Wall Street and beyond are asking the same question: Will there be a deal to get the federal deficit under control? Only one thing is clear: [...]

Should Republicans agree to raise taxes in exchange for spending cuts? On Jan. 1, 2013, two very different things happen. First, the series of tax cuts that has been extended [...]

The business and financial communities are on high alert that preferential tax rates on investment income could be on the chopping block during end-of-year talks on taxes and spending. Concern [...]

It was 1995 when I first heard about the burning platform. House Republicans had gathered at Xerox Document University to discuss how they were going to balance the budget, pass [...]

There appears to be a significant but not overwhelming consensus that the United States should avoid sequestration. The big question is how best to do it. Let me suggest that [...]

Republicans might have held the House, but Grover Norquist's majority in Congress is all but gone. Fewer incoming members of the House and Senate have signed the pledge against tax [...]

The House approved a one-year extension of the Bush-era tax rates on Wednesday night, with 19 Democrats joining all but one Republican. With lawmakers about to leave Washington for a [...]

Senate Democrats on Wednesday narrowly passed President Obama's plan that would extend Bush-era tax rates for family income up to $250,000 a year. The surprising passage of the bill was [...]

After a few weeks of rhetoric, the process of deciding whether and how to extend the Bush-era tax rates for another year will officially start in Congress this week. The [...]

July will be a month of political messaging battles on the Senate floor as Democrats have decided the best defense, during a sluggish economy, is to challenge Republicans on taxes. [...]

President Obama on Monday called for the Bush-era tax rates to be extended for family incomes below $250,000 annually, thus reopening an election year battle with Republicans. The move underscored [...]

Washington insiders believe that the threat of $500 billion in sequestration defense cuts and an extension of the Bush tax cuts will be worked out in the lame-duck session of [...]

A growing number of Senate Democrats are signaling they are not prepared to raise taxes on anyone in the weak economy unless Congress approves a grand bargain to reduce the [...]

from The Hill's On the Money blog * House Ways and Means Committee Chairman Dave Camp (R-Mich.) will host anti-tax crusader Grover Norquist Thursday for an event in which Norquist [...]

Steve Bartletts, president and CEO, Financial Services Roundtable: In Texas, there's an old saying that goes like this. A train signalman sees that two trains heading towards each other, one [...]

Rep. Nancy Pelosi (D-Calif.) on Wednesday urged Republicans to stage an immediate vote to extend and make permanent the Bushera tax rates for the middle class. In a letter to [...]

Republicans are beginning to wobble from their categorical opposition to raising taxes, opening the possibility of a deficit-reduction deal by the beginning of next week. A dramatic sign of the [...]

Slick Willy does it again! He has now managed the fancy footwork of both agreeing and disagreeing with President Obama at the same time, but on just one issue. In [...]

Senate Minority Whip Jon Kyi (R-Ariz.) on Monday said Senate Republicans want commitments on a 10-year budget plan that guarantees reduced spending as part of any agreement to increase the [...]

American corporations face higher effective corporate tax rates than those in many other countries, a new study finds. PricewaterhouseCoopers, which conducted the study for the Business Roundtable, found that companies [...]

A co-chairman of President Obama's fiscal commission on Monday defended his draft proposal to reduce the deficit and stressed that the task cannot wait. 'The problem we face is real; [...]

You'd think that the expiring tax cuts for the wealthy would present a dilemma to Republicans, who suddenly rediscovered the evils of budget deficits on Jan. 20, 2009, after George [...]

* Senate Republicans began marking up their tax package on Monday as Majority Leader Mitch McConnell (R-Ky.) said he hoped to start floor consideration the week after Thanksgiving. The first [...]

Republicans are writing a tax bill behind closed doors, treating Congress like Russia, where only one party is allowed to govern, and planning to jam the bill to passage through [...]

* President Trump and top Republicans on Tuesday sought to drum up momentum for their next big legislative push in tax reform, desperate for a win after the GOP's failure [...]

* Donald Trump's election victory and the Republican success in holding the House and Senate have opened the door for tax legislation in 2017. Next year, Republicans will control the [...]

Ireland is on the mind of official Washington today. From the White House, where the president receives shamrocks from the Irish prime minister, to the Congress, where the Speaker hosts [...]