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Top Stories from CNBC- Trump, European leaders call Saudi account of Khashoggi death incomplete
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- Trump threatens to pull US out of weapons pact with Russia, saying Moscow is violating the terms
- Artificial intelligence is changing how investors' money is being managed
- GOP political apps create 'safe space' for conservatives who accuse Facebook, Twitter of bias
Taxes
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.
Robert Frank reports on how some residents in high-tax states are transforming themselves into corporations to pay lower tax rates.
More Californians are moving from the Golden State, particularly lower-income residents, although even middle-class residents are saying goodbye, according to experts.
With the proposed steel and aluminum tariffs, consumers will lose. In fact tariff hikes are really tax hikes.
It’s tax time. Sharon Epperson has some tips on how to find the right tax pro.
Ylan Mui reports Newman’s Own is facing a provision in the new tax law that may force the company to sell itself.
Newman’s Own must break up the company if it can’t get Congress to fix the tax glitch soon.
Morgan Brennan takes a look at changes in the tax law that may be a win for manufacturers.
Happy New Year: You can now use your 529 plan for elementary and high school expenses. Here’s how to get the most out of your account.
Morgan Brennan looks at big business winners and losers under the new tax plan.
Sweeping tax changes will take effect on January 1, impacting state and local taxes, as well as the property tax. That has many Americans in high tax states eager to prepay their property taxes in hopes they can lock in 2017’s deductions before they’re capped in 2018. PagnatoKarp senior tax manager Johanna Seenath discusses who can and should prepay their property taxes.
Trump tax reform is different than 1986 but could be just as transformative, says Jim Miller, White House budget director under Reagan.
“Many of you are actually going to save a fortune on your tax returns,” says David Bach.
