EconomyCommentary
How Tax Reform Would Simplify Taxes for Tens of Millions
Lawmakers have long championed a system that allows Americans to fill out their tax returns on a postcard. The Tax Cuts and Jobs Act proposed… Read More
EconomyAnalysis
A Tale of 2 Tax Bills: Comparing the House, Senate Reform Plans
Last week, the House GOP released the first concrete details on how Republicans plan to update the federal tax code. The Tax Cuts and Jobs… Read More
EconomyNews
How the Senate Tax Plan Differs From the House Legislation
Senate Republicans released a tax plan Thursday distinct from the House plan in that it delays the corporate tax cut until 2019, but would slightly… Read More
EconomyCommentary
5 Ways to Improve the Tax Cuts and Jobs Act
The Tax Cuts and Jobs Act would provide tax relief to millions of Americans, and has the potential to facilitate significant economic growth. The proposal… Read More
EconomyCommentary
3 Ways the House Republican Tax Plan Is Good for Farmers
Last week, House Republicans released their long-awaited tax reform proposal, the Tax Cut and Jobs Act. Many of the key changes made by the legislation… Read More
EconomyNews
Why This State Lawmaker Wants the State and Local Tax Deduction Repealed
Repealing the state and local tax deduction on federal income taxes is critical to boosting the economy, a state lawmaker from Pennsylvania says. “I think… Read More
EconomyCommentary
Trump Wants Private Investment in Infrastructure. The Tax Bill Doesn’t Do That.
Following on the president’s campaign promise to invest $1 trillion in the nation’s infrastructure, the Trump administration has made it clear that it intends to… Read More
EconomyNews
GOP’s Top Tax Writer Says Obamacare Mandate Could Be Repealed in Tax Plan
The chairman of the House Ways and Means Committee says Republican’s tax plan unveiled Thursday could potentially include a repeal of the individual health care… Read More
EconomyCommentary
Taxpayers Get a Win Over Sports Stadium Cronies
As the Houston Astros enjoy their World Series victory, taxpayers across the country have a reason of their own to celebrate this week. Buried in… Read More
EconomyNews
Rep. Dave Brat Explains How the Tax Reform Plan Will Help the Middle Class
This is a transcript of the interview The Daily Signal did Thursday with Rep. Dave Brat, R-Va., to get his thoughts on the new tax… Read More
EducationCommentary
GOP Tax Proposal Would Advance Education Choice
The GOP tax plan, released Thursday, would take the long-overdue step of allowing parents to use elementary and secondary education expenses under 529 savings plans. This… Read More
EconomyNews
Trump’s Economic Adviser Explains How You Benefit From Tax Reform
Kevin Hassett, chairman of President Donald Trump’s Council of Economic Advisers, visited The Heritage Foundation moments after House Republicans released their tax reform plan Thursday…. Read More
EconomyNews
House GOP Unveils Details of Tax Reform Bill
The details of the Republican tax reform plan released Thursday mostly reflect the goals laid out by President Donald Trump, including cutting the corporate tax… Read More
EconomyCommentary
GOP Tax Plan Would Revitalize US Economy, Give Significant Tax Relief
House Republicans unveiled their plan to update the nation’s tax code on Thursday. If they are successful at passing the plan—known as the Tax Cuts… Read More
EconomyNews
24 House Republicans From Blue States Resist Pressure to Embrace Costly Tax Deduction
Twenty-four Republican lawmakers from high-tax states voted for the House budget resolution last week, despite pressure to oppose it because of the possible elimination of… Read More
EconomyCommentary
This Tax Deduction Forces Americans to Subsidize High-Tax States
Every year when Americans file for their tax returns, the federal government allows them to deduct their state and local taxes, including their property taxes…. Read More
EconomyNews
Small Business Owner in Trump Country Explains Why Tax Reform Will Help the 99%
SEDALIA, Mo.—As Republicans prepare to unveil the details of their major tax reform proposal this week, a small business owner in America’s heartland is speaking… Read More
EconomyCommentary
Keeping the Death Tax Would Make No Sense at All
Congress is set to unveil more details of its tax reform proposal this week, and many people fear that the death tax—also known as the… Read More
EconomyCommentary
Property Tax Deduction Is a Huge Boon to Wealthy Taxpayers, Not Average Americans
Tax reform is supposed to be about lowering rates and getting rid of deductions and credits to help generate higher economic growth, and to let… Read More
EconomyCommentary
How Keeping the Property Tax Deduction Could Backfire on the Middle Class
On the eve of the release of their tax reform proposal, GOP leaders are considering keeping the property tax portion of the state and local… Read More
EconomyNews
146 in Real Estate Industry Buck National Group by Backing GOP Tax Plan
Nearly 150 real estate professionals from 34 states Monday urged congressional Republicans to pass their tax reform package, saying it would “unleash economic growth, create… Read More
EconomyCommentary
Why Adding a New Top Income Tax Rate Is a Bad Idea
One of the most critical ingredients in “pro-growth” tax reform is lowering tax rates for everyone. Conservatives have championed this goal for a long time…. Read More
EconomyNews
Conway, McMorris Rodgers Tout Tax Reform to Minority Entrepreneurs
A counselor to the president and the chairwoman of the House Republican Conference told a gathering of minority entrepreneurs that the GOP tax reform plan… Read More
EconomyNews
Tax Reform Means Higher Pay for Americans, Council of Economic Advisers Predicts
Lowering the corporate tax rate will spur economic growth and encourage business owners to invest more in their businesses, leading to higher wages for employees,… Read More
EconomyCommentary
Democrats Have Done a 180 on Corporate Taxes. Here’s What They Said Last Year.
The president proposed cutting the corporate tax rate in his budget. He wrote that cutting the rate to 28 percent was necessary for “putting the… Read More
EconomyNews
Citing Tax Reform, Nominations, Sen. David Perdue Explains His Push for 24/7 Senate Schedule
This is a transcript of an interview Sen. David Perdue, R-Ga., gave The Daily Signal on Tuesday. Rachel Del Guidice: Hello, everyone, and welcome to… Read More
EconomyNews
How Tax Reform Could Empower This Drive-in Theater Owner to Expand Her Business
A Colorado woman who owns a drive-in movie theater in suburban Denver says she supports tax reform so she can expand her business and create… Read More
EconomyNews
Conservative Lawmakers List Main Goals for Tax Reform
Conservative lawmakers said any tax reform plan needs to benefit the middle class and begin to address the national debt. “Let’s just focus on designing… Read More
EconomyNews
Pence: ‘Everyday Working People’ to Benefit Most From Tax Reform
Saying that Americans get hit hardest when the country can’t compete with the rest of the world because of its tax code, Vice President Mike… Read More
EconomyNews
GOP Senator and Former CEO Warns: ‘Important’ to Do Tax Reform in 2017, Not Later
If Congress doesn’t pass tax reform, there could be significant economic consequences, a leading senator and business leader said Tuesday. “We are doing things differently… Read More
