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Top Stories from CNBC- Cramer's tip to win the 2019 Stock Draft: Throw out conventional wisdom
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Taxes
Robert Frank reports on a study that found that the wealthy paid little taxes in the 1950s and 1960s despite many Democratic lawmakers suggesting otherwise.
The growing blue-collar tilt of the Trump-era GOP base makes raising taxes on capital gains even more tempting, writes CNBC’s John Harwood.
Rich states have been saying the new tax laws are driving the wealthiest from their states – but Robert Frank reports that there are other factors contributing to state revenue shortages.
Steve Liesman reports that the tax refund has a significant impact on Americans’ spending.
Sharon Epperson reports that tax refunds are starting to go up after the new tax law caused many to see smaller than usual refunds.
Individual refunds are now in positive territory year over year, as the average check rises to $3,143. That’s up from $3,103 a year ago. Here’s what you can expect.
Robert Frank breaks down the statistics on who actually pays the highest taxes.
Robert Frank explains that under the new tax law, taxpayers have a lower chance of being audited.
The deduction for medical expenses is one of the few remaining tax breaks available to taxpayers.
Bill Gates says tax policies should focus on taxing wealth rather than income.
Robert Frank reports that some lawmakers are rolling out plans to dramatically raise taxes on wealthy Americans.
Robert Frank reports on how the Trump administration’s tax changes have changed the landscape of the luxury housing market in high-tax states such as New York and New Jersey.
The GOP’s long-promised change is an offshoot of a tax overhaul last year that cut corporate rates and winnowed down the number of individual tax brackets.
President Donald Trump threatened on Tuesday that Harley-Davidson will be “taxed like never before” if the motorcycle maker moves production overseas. He claimed that the iconic U.S. company was using increased trade tensions as an excuse to justify planned changes in manufacturing. “A Harley-Davidson should never be built in another country-never! Their employees and customers …
800,000 people will leave New York and California over the next three years due to the new tax bill, conservative economists Arthur Laffer and Stephen Moore said in an op-ed in the Wall Street Journal.
