8.8 million Americans face big tax hike if Republicans scrap the medical...
Anne Hammer is one of millions of elderly Americans who could face a substantial tax hike in 2018 depending on the final negotiations over the Republican tax bill. In her retirement community in...
View ArticleEconomists call Treasury’s 1-page tax analysis “a political document, not an...
The U.S. Treasury Department produced a one-page document Monday that it described as an “analysis of growth and revenue estimates” based on the Senate tax bill, but economists quickly called the...
View ArticleTax package would lower top tax rate for wealthy Americans
WASHINGTON — Congressional Republicans on Tuesday rushed toward a deal on a massive tax package that would reduce the top tax rate for wealthy Americans to 37 percent and slash the corporate rate to a...
View ArticleGOP says it’s got a deal on taxes; cuts coming for next year
WASHINGTON — Confident congressional Republicans forged an agreement Wednesday on a major overhaul of the nation’s tax laws that would provide generous tax cuts for corporations and the wealthiest...
View ArticleRubio defection threatens GOP’s slim majority on tax bill
WASHINGTON — The Republicans’ razor-thin margin for driving their sweeping tax package through the Senate was thrown into jeopardy Thursday when GOP Sen. Marco Rubio declared he will vote against it...
View ArticleHuge tax bill heads for passage as GOP senators fall in line
WASHINGTON — After weeks of quarrels, qualms and then eleventh-hour horse-trading, Republicans revealed their huge national tax rewrite late Friday — along with announcements of support that all but...
View ArticleInvestors put for sale sign on Re/Max shares
Investors sold off shares of Denver-based Re/Max Holdings Inc. Friday on concerns that changes in the federal tax code could cool home sales in the years ahead. J.P. Morgan analyst Anthony Paolone...
View ArticlePoll: Americans pessimistic about Trump, country
WASHINGTON — President Donald Trump frequently casts his first year in office as a string of successes and campaign promises fulfilled. But less than a quarter of Americans think Trump has made good on...
View ArticleGOP tax plan gains enough support to pass
WASHINGTON – Congressional Republicans secured enough support Friday to pass their massive tax plan, a measure that would deliver a major legislative victory to President Donald Trump and his GOP...
View ArticleSix things Colorado should know about the Republican tax bill
WASHINGTON — U.S. House and Senate Republicans on Friday night revealed the details of their $1.5 trillion plan to overhaul the U.S. tax code — an unveiling that comes just days before both chambers...
View ArticleFor GOP, tax bill’s most visible win may be averting failure
WASHINGTON — Despite the sheer size and society-spanning impact of the $1.5 trillion tax overhaul, the quickest and most potent political victory that Republicans would savor by pushing the bill...
View ArticleMcCain treated for viral infection, returns home to Arizona
WASHINGTON — Republican Sen. John McCain has returned home to Arizona after being hospitalized for a viral infection while battling brain cancer and will miss a crucial Senate vote on the GOP tax...
View ArticleBroad global economic growth powers international fund flows
As the U.S. stock market climbs further into record territory, investors are increasingly putting money on a relatively less expensive alternative: funds that own international equities. Inflows to...
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Paul Ryan celebrated the tax cut with a tweet about a secretary saving $1.50...
Never mind all the Democrats who call the GOP’s tax bill a deficit-busting giveaway to the rich; House Speaker Paul Ryan, R-Wis., has been enthusiastically promoting it as a middle-class tax windfall....
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Trump says it’s “un-American” not to applaud him
WASHINGTON — President Donald Trump is accusing Democrats of being “un-American” and maybe even treasonous for failing to applaud him during his State of the Union speech. Trump says during a speech in...
View ArticleBear market not likely, but wolves are lurking, UMB strategist warns
Stock investors, after having enjoyed the equivalent of a long and leisurely picnic on a sunny day, are seeing the skies darken and hearing wolves howl in the distant. “The good news became bad news,”...
View ArticleChipotle, citing tax changes, sends cash bonuses and ups benefits
NEW YORK — Chipotle is the latest company to give out one-time cash and stock bonuses, and will broaden parental leave benefits for workers following sweeping changes to U.S. tax law. The announcement...
View ArticleTax cut, bonuses for workers? Many businesses not sure yet
NEW YORK — Small business owners may want to hand out bonuses and raises now that there’s a new tax law, but many don’t know if they’ll have any wealth to share. “We didn’t base any raises or bonuses...
View ArticleHasbro reports surprise sales drop in fourth quarter
NEW YORK — Toy maker Hasbro Inc. saw a surprise sales drop for the critical fourth quarter as it struggled with lagging sales of “Star Wars” toys and the woes of Toys R Us. That comes after results...
View ArticleEight ways to prepare for big tax law changes this filing season
By Suzanne Woolley, Bloomberg The federal tax overhaul put in place by Republicans has produced an unusual show of bipartisanship now that tax season is here: We are a nation united in befuddlement....
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