Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
Businesses Pounce as GOP Weighs Limiting Corporate SALT Break
By Erik WassonPoliticians may trim C-SALT to pay for raising the individual SALT deduction to $25,000.
March 10, 2025
Key Republican Says There's 'No Question' SALT Cap Will Get a BoostOne possibility is doubling the cap for joint filers.
March 06, 2025
Life and Annuity Products Pay for Themselves: InsurersAnnuities alone may provide about $100 billion in Social Security savings "pay fors," an industry policy analysis found.
March 03, 2025
Trump Bends Congress to His Will on Tax Cut AgendaHis tax plan, which needs just a simple majority in both chambers, could be enacted as early as May.
February 27, 2025
Florida’s DeSantis Pushes Unusual Plan to Abolish Property TaxesThe proposal would require a constitutional amendment and overhauls of both state and local government budgets.
February 26, 2025
Tax Cut Chances Rise as House Passes Budget Targeting Safety NetThe blueprint is the first step in bypassing Senate Democrats on tax and spending legislation.
February 21, 2025
Senate Budget Vote Leaves Hurdles For Trump Tax Cuts, Debt LimitThe Senate voted 52 to 48 to adopt a budget that would permit $340 billion in new spending.
February 19, 2025
Trump Backs $4.5T Tax Cut in House GOP Budget PlanThe president wants to "kickstart" all Republican priorities at once, he says.