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Month: December 2017

Senate GOP’s talks on tax ‘trigger’ draw scorn from economists

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December 1, 2017
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| Tax News And Info

A push by some Republican senators to ward off future deficits by tucking a potential corporate tax increase into their tax-overhaul bill would set up a kind of economic booby trap—putting the GOP’s much-desired growth at risk, according to a half-dozen economists, lobbyists and tax experts. “It’s a bad idea,” said Mark Zandi, the chief […]

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Posted in Tax News And Info Tagged irs, tax news

GOP tax reform bill just keeps getting worse

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December 1, 2017
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| Tax News And Info

As if the Republican tax reform plan wasn’t bad enough already for taxpayers, the latest scheme to win over more votes of a precarious Senate majority involves adding a “trigger” to raise certain taxes if there isn’t enough economic growth to cover the $1.4 trillion cost of the bill, though the Senate’s parliamentarian appears to […]

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Posted in Tax News And Info Tagged irs, tax news
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