Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
Deal Reached on Tax Bill, Schumer Says
By Melanie WaddellThe final version of the reconciliation bill will be introduced Saturday, Schumer said.
August 03, 2022
Battle Erupts Over Claim Manchin Bill Raises Middle-Class TaxesThose earning less than $200,000 could see their tax burden rise 1%, an official, GOP-requested analysis finds.
August 01, 2022
Manchin-Schumer Deal Has a New HurdlePrivate equity firms are pushing to strike language that suggests carried interest be taxed at a higher rate.
July 28, 2022
Rich Wall Streeters Face Shock Tax Hike While Rest of Wealthy EscapeSenator Joe Manchin supports ending the carried interest tax break and increasing IRS audits but has rejected raising the $10,000 SALT deduction.
July 28, 2022
New Tax Deal Is a Bill the Markets 'Can Live With': Valliere"No one in Washington — including us — saw this coming," said Greg Valliere, chief U.S. Policy Strategist for AGF Investments.
July 20, 2022
No, Mr. Manchin, Taxes Don't Cause InflationOn the contrary, higher taxes can help get prices under control.
July 15, 2022
Manchin Says He'll Reconsider Biden's Tax, Climate Plan in SeptemberHe's willing to consider steps to lower prescription-drug prices and extend enhanced Affordable Care Act subsidies in the meantime.
July 13, 2022
Sen. Warren Floats Bill to 'Simplify' Tax FilingAmong other measures, the bill directs the IRS to develop a free, online tax preparation and filing service.