Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
New Greek Govt Takes Over, Former Banker at Helm
By Elena BecatorosGreece'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.
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.
September 08, 2011
Business Tax Reform: Territorial System, VAT Highlight Senate HearingWitnesses testifying Thursday at the latest Senate Finance Committee meeting on tax reform regarding tax treatment of international businesses, found some common ground but also considerable disagreement on the best strategies to employ.
August 26, 2011
Are Income Tax Hikes Inevitable?Should Congress be taxing the rich and giving to the poor and middle class?
August 17, 2011
Congress’ Deficit Panel Talks Echo Fraught 1990 Budget Deal: News AnalysisDemocrats on the Super Committee charged with proposing $1.5 trillion in deficit reduction are citing as precedent a 1990 budget deal that raised taxes but may have doomed President George H.W. Bush's re-election prospects.
August 03, 2011
Debt Bill Plan: Sweeping Tax Reform AheadCongress has just months under the new debt ceiling law to come up with further deficit reductions. A new report suggests legislators will achieve their goals through sweeping tax reform, since the parties are far apart on the question of spending restraint versus tax hikes.
August 01, 2011
Debt Ceiling Deal Reached; Senate, House to Vote on MondayThe proposed deal would raise the debt ceiling now and through 2012, cut domestic and military spending over next 10 years.