Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
IMF Cuts U.S. Growth Estimate, Compares Debt Woes With Greece
By Gil WeinreichIn its bimonthly World Economic Outlook, the IMF revised downward its estimate of U.S. GDP for 2011, and IMF official Jose Vinals said America's debt problems were on par with Greece, Ireland and Japan.
May 22, 2011
Coming Up ShortA five-person panel of experts questioned whether the U.S. will be able to meet fiscal challenges in the coming year, citing "irreconcilable differences" between the two parties, election-year politics and entrenched interests.
May 17, 2011
Treasury’s Geithner Slams Congress for Debt Ceiling MessIn remarks given at the Harvard Club in New York just one day after the Treasury hit its debt ceiling, Geithner spoke of unsustainable future fiscal deficits caused in part by the many Americans who will turn 65 in the next decade.
May 03, 2011
AALU Panelists Not Holding Breath on Budget ReformTax policy watchers are questioning whether Congress can get past philosophical differences, election-year politics and entrenched special interests as they do battle with the federal budget deficit.
May 02, 2011
AALU Panelists Not Holding Breath on Budget ReformTax policy watchers are questioning whether Congress can get past philosophical differences, election-year politics and entrenched special interests as they do battle with the federal budget deficit.
April 27, 2011
Japan's Outlook Cut on Earthquake CostsStandard & Poor's cut Japan's sovereign rating outlook on Wednesday from stable to negative, warning that a credit-rating cut will follow if the country cannot raise additional revenues.
April 19, 2011
Treasury's Wolin: Obama Administration Will Fight Dodd-Frank CriticsU.S. Deputy Treasury Secretary Neal Wolin on Tuesday said in remarks at the Pew Charitable Trusts that the Obama administration will “oppose efforts” by critics to “weaken, slow down, or repeal” the Dodd-Frank Act.
April 19, 2011
Could 2011 & 2012 Gifts Come Back to Bite the Grantor?What possible consequences could the new 2011 estate, gift and GST taxes have on your clients?