After a fitful year characterized by party infighting and three failed efforts to repeal the Affordable Care Act, the Republicans who control Congress and the White House seem to be headed toward an important achievement: cutting taxes.
President Donald Trump’s tax plan calls for cutting the corporate tax rate to 20% from 35%, which just about everybody agrees would boost corporate profits and push stock prices up. But would companies invest more, hire more and pay more? Or would extra capital remain concentrated in the hands of the
The White House just released a report saying that slashing the corporate tax rate would boost the typical family’s take-home pay by $4,000 per year. As President Trump and his fellow Republicans roll out their big tax-reform plan, the biggest battles are likely to be over who stands to benefit the
President Donald Trump has signed off on an executive order that would loosen rules on insurers, allowing them to offer “skimpy” health plans that would cover less but also cost less. But these actions seem certain to hurt some people as did Obamacare.
But Facebook faces a pernicious problem that has earned less attention of late: Fake news pockmarks the platform, especially in membership groups where people go to find like-minded users.
When President Barack Obama and Congressional Democrats passed the Affordable Care Act in 2010, they probably weren’t aware they placed a booby trap in the law. And President Donald Trump is actually taking advantage of it.
Hurricanes Harvey and Irma swamped the job market in September, and now they’ve dented President Trump’s rating on the economy. Trump’s grade on the Yahoo Finance Trumponomics Report Card dropped from A- to B+ in early October, based largely on the unexpected loss of jobs in the US economy the month
There’s no tax-reform bill in Washington yet, but there’s plenty of confusion already about what might be in it, once it arrives—and what “tax reform” even means in the first place. Myth: All tax reform is the same. “There’s a big difference between tax reform—something permanent and structural in
Tillerson has neither confirmed nor denied. What we do know is that people have mixed views of their own bosses, as Tillerson probably does toward his. How many ordinary people consider their own boss a moron?
“We’re being conservative,” says Nissan engineer Andy Christensen, who rode with me on the demo around New York City and explained how the technology works. The big automakers are all vying for pole position on autonomous technology, but there’s a catch—rolling it out too fast risks turning off drivers
To cut taxes on businesses, middle-class families and the wealthy, President Donald Trump’s tax plan relies on the elimination of key deductions that cost the federal Treasury many billions of dollars each year. The biggest tax break Trump wants to kill — the deduction for state and local taxes, known
As the NFL grapples with the mushrooming controversy of players kneeling in protest during the national anthem, and President Donald Trump’s persistent bashing of the kneelers. A new Yahoo Finance poll suggests the NLF has an enduring problem on its hands.
Trump’s tax plan is more ambitious than a simple across-the-board tax cut. But restructuring the tax code would undo tax breaks many filers have relied on for years, and in some cases, force them to pay more taxes in the end.
Most people want to pay less in taxes. But believe it or not, taxes in the United States are relatively low, and the case for cutting them is pretty weak.
If the latest Republican plan to repeal Obamacare succeeds, recessions would likely end up worse. S&P Global Ratings analyzed the Cassidy-Graham bill, which would repeal most of the major provisions of the Affordable Care Act, and revealed a list of problems it would cause.
Senators have just a few days to vote on the Cassidy-Graham bill, the third and final Republican effort this year to dismantle the 2010 Affordable Care Act. And the latest analysis, from the nonpartisan Brookings Institution, finds that Cassidy-Graham would reduce the number of Americans with insurance
On net, the GOP's Cassidy-Graham bill would leave more people uninsured, restore disparities that make care considerably more expensive for the sick, and scale back a program that’s the last source of health care for many low-income Americans. Yet it will likely pass the Senate and House.
No company likes to admit it made a mistake, and Facebook is feistier than most. Zuckerberg didn’t explicitly say Facebook screwed up. The full extent of Russia’s involvement in last year’s elections still isn’t fully known, which is one reason special counsel Robert Mueller is investigating.
Facebook (FB) has practically courted controversy during its 13-year history. The social media giant has tangled with politicians and regulators before — over privacy issues, questions of political bias, antitrust concerns and other matters. It has generally prevailed, and kept government regulators
Americans are down on President Donald Trump. But the good news is there are strong leaders in the nation. And here are six attributes that make them all a good leader.