Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
Storm Scrambles Congressional Calendar
By Matt BradyA vote on repeal of the estate tax was scheduled to be among the first actions taken by the Senate last week when it ...
July 28, 2005
Frist Delays Estate Ta VoteThe Senate will take up the estate tax issue when it returns from its August recess.[@@]Sen. Bill Frist, the Senate majority leader, announced plans ...
July 27, 2005
AMT in the SpotlightMembers of President George Bush's tax reform panel voted unanimously to recommend abolishing the Alternative Minimum Tax (AMT) during a meeting on July 20. But Senator Connie Mack, the panel's chairman, questioned how to make up for the $1.2 trillion revenue shortfall that would be caused by an AMT repeal.
June 23, 2005
Deadline Extended for Tax Reform Panel; New GOP Social Security InitiativePresidential panel now has until September 30 for report; proposal would fund personal accounts
June 17, 2005
White House Postpones Ta ReformPresident Bush says he will wait at least 2 months to start revising the tax code.[@@]The president has talked about making the tax code ...
June 14, 2005
Closer To Breaking The Deadlock?Senators of both parties are talking, but it may be mainly talkWashingtonEfforts are under way in the Senate to break the deadlock over repeal ...
June 05, 2005
On EmbarrassmentIt seems like Senate Majority Leader Bill Frist finally is going to achieve his long articulated but equally long unrealized ambition to bring legislation to ...
May 12, 2005
Study: Pension Reform Proposal Harder On Stronger PlansA Bush administration proposal for shoring up the U.S. defined benefit pension system could end up punishing well-run plans.[@@]Researchers at Watson Wyatt Worldwide, Washington, ...