Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
BRICS Hit West Over IMF, Policies
By Marlene Y. SatterThe BRICS were hitting Western nations on Thursday, pressing them for more voting rights at the IMF this year and assailing them over monetary policies they said put the stability of the global economy in danger.
February 22, 2012
White House’s Corporate Tax Reform Derided by Republicans, BusinessesThe Obama administration has unveiled a framework for corporate tax reform that lowers rates while eliminating loopholes, but the proposal has already met with sharp criticism from Republicans and corporations for proposing a rate higher than the developed-country average.
February 21, 2012
FPA’s Bob Rodriguez: Window Narrowing to Avoid Fiscal DisasterThe famed money manager warned that next year would be the most crucial in the past 80 to right our fiscal path before budgetary financial pressures will explode."
February 17, 2012
Truth Talking on Taxes: Don’t Believe Everything You HearOur politicians and press distort the facts on what the wealthy actually pay in taxes, but the truth can set you free.
February 13, 2012
Obama’s 2013 Budget Raises Taxes on Top Earners, Bolsters SEC BudgetPresident Barack Obama on Monday released his 2013 budget to Congress, which includes boosting taxes for higher income earners as well as allocating more funds to the SEC.
January 30, 2012
Tax Hike Proposals LikelyLife insurance industry lobbyists and lawyers believe that several proposals for tax increases affecting the industry will be included in the proposed budget for 2013 that the Obama administration will unveil Feb. 13.
January 26, 2012
Obama to Issue Corporate Tax Overhaul Plan in FebruaryThe White House said that the corporate tax proposal would lower the 35% rate and that they would release the details simultaneous to the administrations fiscal 2013 budget plan.
January 26, 2012
Geithner Will Not Be Obama’s Treasury Secretary in Second TermTreasury Secretary Tim Geithner spoke to Bloomberg Television's Trish Regan today and said that President Obama is "not going to ask me to stay on, I'm pretty confident."