Tax reform

February 21, 2018 - 12:00 pm
WASHINGTON (AP) — The White House top economist says the U.S. could achieve annual growth rates of 3 percent through the next decade if President Donald Trump's policies on regulations and infrastructure are enacted. Kevin Hassett of the Council of Economic Advisers released the annual economic...
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File- This Jan. 22, 2018, file photo shows Director of the Office of Management and Budget Mick Mulvaney talking during a television interview outside the White House in Washington. Mulvaney, the former tea party congressman who runs the White House budget office, said Sunday, Feb. 11, 2018, that Trump’s new budget, if implemented, would tame the deficit over time, though unlike last year’s submission, it wouldn’t promise to balance the federal ledger eventually. (AP Photo/Carolyn Kaster, File)
February 11, 2018 - 9:05 pm
WASHINGTON (AP) — In a twist on Washington's truism about presidential budgets being D.O.A., President Donald Trump's 2019 fiscal plan due Monday is dead even before arrival. The original plan was for Trump's new budget to slash domestic agencies even further than last year's proposal, but instead...
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February 05, 2018 - 12:01 pm
GENEVA (AP) — The U.N.'s trade and development agency says multinational companies could use U.S. President Donald Trump's tax reform to return $2 trillion to the United States, leading to "sharp reductions" in foreign direct investment worldwide. The U.N. Conference on Trade and Development says...
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February 03, 2018 - 7:58 pm
WASHINGTON (AP) — House Speaker Paul Ryan has highlighted on Twitter a school secretary benefiting from the Republican tax overhaul, then deleted the tweet after online criticism that he is cheering an increase of $1.50 a week. The Associated Press reported on Thursday that changes in tax...
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House Minority Leader Nancy Pelosi of Calif., speaks during a town hall-style meeting, Thursday, Feb. 1, 2018, at the Cambridge Public Library, in Cambridge, Mass. On the heels of President Donald Trump's State of the Union address, Pelosi spoke about the recently approved federal tax overhaul. Her appearance at the event is part of what organizers say is a nationwide tour featuring members of Congress and others to call attention to the Republican tax plan. (AP Photo/Steven Senne)
February 01, 2018 - 2:12 pm
BOSTON (AP) — House Democratic leader Nancy Pelosi says the Republican-approved tax overhaul has cast a "dark cloud" over Washington and threatens future budget negotiations. Pelosi appeared in Cambridge, Massachusetts, on Thursday at an event organized by opponents of the new tax law. The...
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President Donald Trump is handed a pair of Aflac socks by Michael Porter of Columbus, Ga., right, during a meeting with American workers on the impact of the tax reform bill in the Oval Office at the White House, Wednesday, Jan. 31, 2018, in Washington. (AP Photo/Andrew Harnik)
January 31, 2018 - 4:09 pm
WASHINGTON (AP) — Pushing the Republican tax package through Congress was only half the battle for President Donald Trump. Now that it's the law, convincing Americans that it was a good idea is not just a political imperative but an economic one, too. To boost GOP prospects in the midterm elections...
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FILE - In this July 24, 2017 file photo, the Boeing logo appears above a trading post on the floor of the New York Stock Exchange. Boeing Co. on Wednesday, Jan. 31, 2018, reported fourth-quarter profit of $3.13 billion. The Chicago-based company said it had net income of $5.18 per share. Earnings, adjusted for pretax gains, came to $4.80 per share.(AP Photo/Richard Drew)
January 31, 2018 - 8:13 am
CHICAGO (AP) — Boeing's fourth-quarter profit easily topped Wall Street's view, buoyed by strong deliveries and recent tax reform legislation. The aircraft company also released a better-than-expected 2018 outlook. Shares climbed more than 4 percent in Wednesday premarket trading. For the period...
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President Donald Trump gestures as he finishes his first State of the Union address in the House chamber of the U.S. Capitol to a joint session of Congress Tuesday, Jan. 30, 2018 in Washington, as Vice President Mike Pence and House Speaker Paul Ryan applaud. (Win McNamee/Pool via AP)
January 31, 2018 - 6:23 am
WASHINGTON (AP) — Addressing a deeply divided nation, President Donald Trump summoned the country to a "new American moment" of unity in his first State of the Union, challenging Congress to make good on long-standing promises to fix a fractured immigration system and warning darkly of evil forces...
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President Donald Trump delivers his State of the Union address to a joint session of Congress on Capitol Hill in Washington, Tuesday, Jan. 30, 2018. (AP Photo/Pablo Martinez Monsivais)
January 30, 2018 - 10:49 pm
WASHINGTON (AP) — The Latest on President Donald Trump's State of the Union speech (all times local): 10:35 p.m. President Donald Trump's first State of the Union address clocked in at one hour and 20 minutes. According to the American Presidency Project, that makes Trump's speech one of the...
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This Monday, Dec. 4, 2017, photo shows the Pfizer company logo at the company's headquarters in New York. Pfizer Inc. reports earnings Tuesday, Jan. 30, 2018. (AP Photo/Richard Drew)
January 30, 2018 - 12:53 pm
Pfizer's fourth-quarter profit soared to $12.27 billion thanks to a huge tax benefit related to the U.S. tax system overhaul. The biggest U.S. drugmaker on Tuesday reported an $11.34 billion benefit, mainly from recalculating deferred tax liabilities. Pfizer also said it will take a charge of...
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