The federal budget debate has big implications for the economy. Despite questions about the math, investors expect an extension of the 2017 tax cuts.
Category: Tax Cuts and Jobs Act (2017)
How Trump Could Upend Taxation in America
With slogans and in social-media posts, the former president has dribbled out ideas that, together, would fundamentally change how taxes are collected in the U.S.
Opportunity Zones, Lauded by Trump, Don’t Always Help Poor
A tax incentive, with bipartisan roots, aims to foster development in poor areas. It has fueled building, but it hasn’t always aided local residents.
Federal Reserve Officials See Rates Staying High
Federal Reserve officials forecast higher interest rates through 2026 this week, a sign that borrowing costs are not heading back to the rock-bottom levels normal before the pandemic.