Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
5 tax questions for Barack Obama
By Staff WriterPresident Obama wants tax fairness. How will that shape the U.S. tax code?
August 31, 2012
Affluent Will Face Tax Hikes Next Year: Friedman of Washington UpdateWhats on tap for next year: Plan for higher taxes, at least for more affluent clientsthose earning north of $200,000, Andy Friedman of Washington Update told advisors Thursday.
July 26, 2012
Senate Votes to Keep Bush Tax Cuts for Middle ClassThe Senate passed a bill late Wednesday to extend the Bush tax cuts for families earning less than $250,000 a yearor 98% of Americans.
July 09, 2012
Obama Proposes to Extend Bush Tax Cuts Excluding Top EarnersPlan would be for one year and exclude those families earning more than $250,000; GOP opposed, wants to extend cuts for all.
June 22, 2012
Next Up in Tax Reform Debate: Capital GainsSenate Finance Chairman Max Baucus and House Ways and Means Chairman Dave Camp plan to hold a joint hearing Thursday to review the tax treatment of capital gains in the context of comprehensive tax reform.
June 11, 2012
Senate Finance’s Baucus: U.S. Headed Toward Fiscal Crisis Like EuropeSen. Max Baucus, D-Mont., said Monday that any tax reform plan must be developed with a sound budget in mind that reduces deficits and debt.
June 04, 2012
If Walker Wins, What Are the Lessons? (National Review)What can be learned if Wisconsin Gov. Scott Walker is not recalled?
May 31, 2012
WASHINGTON—While a huge amount of airtime, printers ink and digital media coverage will be spent on events in Washington, D.C. this year, there are only three things that the insurance professional should focus on.