Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
Obama’s 2013 Budget Raises Taxes on Top Earners, Bolsters SEC Budget
By Melanie WaddellPresident 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 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."
January 25, 2012
Obama and Buffett Rule Make ‘Good Tax Politics, Not Good Tax Policy,’ Expert SaysA 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.
January 20, 2012
Harvard MBA Degree Earns Romney ‘C-’ on Tax Plan (Washington Post)So far, Romney's economic vision has hardly stepped beyond a 30 percent corporate tax break -- something even Obama has pondered.
December 06, 2011
Joint Congressional Hearing Addresses Derivatives and Tax ReformBaucus quotes Buffett on limiting potential for mischief; witnesses criticize Congress piecemeal approach to taxing financial products.
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.