Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
Obama and Buffett Rule Make ‘Good Tax Politics, Not Good Tax Policy,’ Expert Says
By Melanie WaddellA central focus of President Barack Obamas State of the Union address was economic fairness, and requiring the wealthiest to pay more in taxes, but tax specialists and wealth managers say hiking taxes for the rich will do nothing to fix the tax code.
November 21, 2011
Deficit Supercommittee Fails to Make DealWhile not officially declaring defeat, the deficit supercommittee remains in a partisan deadlock and had failed by Monday to reach a deal.
November 16, 2011
Deficit Supercommittee Will Not Solve Our Problems: News AnalysisIt will take far more than economic reforms and political fixes to set America back on track. Until we fix the values problem underlying our economic problems, we shouldnt expect a lasting recovery.
November 11, 2011
New Greek Govt Takes Over, Former Banker at HelmGreece's new Prime Minister assumed power Friday at the helm of an interim coalition government that will seek to push through tough reforms and ensure the country avoids a catastrophic default.
November 03, 2011
Berlusconi Could Fall as Italy TeetersSilvio Berlusconi, who has resisted calls to step down as prime minister of Italy, may be on the way out regardless, if former party loyalists continue to rebel.
October 14, 2011
Senate Republicans on Finance Committee Urge Deficit Panel to Make ChangesRepublican senators' recommendations to the Joint Select Committee on Deficit Reduction include repealing the Alternative Minimum Tax and the health-care law and reforming Social Security.
October 13, 2011
Friendly Fire Hits Boehner on Dodd-Frank Reform Law (The Hill)As Republican presidential candidates push for House GOP leaders to repeal the 2010 Wall Street reform law, politicians like John Boehner (R-Ohio) face a difficult decision: Follow party wishes or follow political common sense.
September 19, 2011
Obama Deficit Plan Includes $1.5 Trillion in Tax Hikes on WealthyPresident Barack Obama announced Monday his plan to reduce the deficit by more than $3 trillion over the next decade, including $1.5 trillion in tax increases for the wealthy.