Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
Tax Hike Proposals Likely
By Arthur D. PostalLife insurance industry lobbyists and lawyers believe that several proposals for tax increases affecting the industry will be included in the proposed budget for 2013 that the Obama administration will unveil Feb. 13.
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.
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.