Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
AMT in the Spotlight
By Melanie WaddellMembers of President George Bush's tax reform panel voted unanimously to recommend abolishing the Alternative Minimum Tax (AMT) during a meeting on July 20. But Senator Connie Mack, the panel's chairman, questioned how to make up for the $1.2 trillion revenue shortfall that would be caused by an AMT repeal.
June 14, 2005
Closer To Breaking The Deadlock?Senators of both parties are talking, but it may be mainly talkWashingtonEfforts are under way in the Senate to break the deadlock over repeal ...
June 05, 2005
On EmbarrassmentIt seems like Senate Majority Leader Bill Frist finally is going to achieve his long articulated but equally long unrealized ambition to bring legislation to ...
May 12, 2005
Study: Pension Reform Proposal Harder On Stronger PlansA Bush administration proposal for shoring up the U.S. defined benefit pension system could end up punishing well-run plans.[@@]Researchers at Watson Wyatt Worldwide, Washington, ...
April 13, 2005
House Approves Estate Tax Repeal (Updated)Members of the U.S. House voted 272-162 Wednesday, largely along party lines, to make repeal of the federal estate tax permanent.[@@]All of the 230 ...
April 06, 2005
House Kills Estate TaxVote seen as largely symbolic since Senate remains iffyBy Arthur D. PostalWashingtonIn a move seen as "largely symbolic," the House last week voted largely along ...
May 27, 2004
'Death Tax'? No! It's 'The Jealousy Tax'Death Tax? No! Its The Jealousy TaxTo The Editor:I agree 100% with Mr. Piontek that the use of "death tax" as a euphemism for the ...
May 13, 2004
Industry Told It Needs To Make Better Case For Estate Tax ReformIndustry Told It Needs To MakeBetter Case For Estate Tax ReformByWashingtonThe life insurance industry needs to make a more effective case in favor of reform, ...