Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
House Tax Bill Calls for $30,000 SALT, Omits Millionaire Tax
By Eric Wasson, Ari Natter and Nancy CookThe bill aims to cut taxes by over $4 trillion and trim spending by at least $1.5 trillion over a decade.
May 09, 2025
Trump Cautions GOP on Tax Hike for Rich, But He’s ‘OK’ With ItTrump has floated a new 39.6% tax bracket for individuals earning at least $2.5 million.
May 06, 2025
Tax Reform Bill Close to Stalling: ValliereHouse opposition will push the timetable for passage well into summer, says the AGF Investments strategist.
April 29, 2025
Bessent Sets July 4 Goal for Tax Bill as Economic Worries MountPolling shows that voters largely disapprove of the White House’s handling of the economy.
April 28, 2025
Washington State Tax Hikes Target Tech Giants That Made It RichLawmakers seek to bridge a record budget deficit by shifting more taxes to Amazon.com and Microsoft Corp.
April 24, 2025
Debate: Should the Top Tax Rate Return to 39.6%?Debate over extending the 2017 tax cuts is tied to increasing the rate on income above $1 million.
April 23, 2025
Trump Says Millionaire Tax Would Push Wealthy to Leave the U.S.But some Republicans are open to raising levies on top earners to help pay for other parts of Trump’s agenda.
April 23, 2025
New Bill Cuts Capital Gains Taxes for Some High EarnersThe legislation moves the long-term capital gains tax thresholds to align with income tax brackets.