Tax Reform

President Donald Trump drew a bright red line for Capitol Hill, stating he will "veto" any bill that trims Social Security or federal health programs. What Happened: In an interview with TIME Magazine, Trump said, "If it cuts it, I would not approve," he said, adding the only changes he'll...

President Donald Trump‘s support for a tax increase on millionaires, a move that has sparked controversy and political debate among Republicans and conservatives. What Happened: In a discussion with Time magazine on Tuesday, Trump revealed his inclination towards increasing...

The Trump administration is reportedly contemplating a tax increase for the wealthiest Americans. The move is seen as a strategic approach to fund other policy priorities. What Happened: White House officials are in talks about the potential of raising the income tax rate for the highest earners,...

The US tax system has undergone dramatic changes since Trump’s tax reforms took effect. Notable among these changes are the effects they will have on corporations, individuals, and US expatriates. The Tax Cuts and Jobs Act, otherwise known as TCJA made sweeping changes to US tax laws, and it...

What impact will ongoing tariffs on Chinese made goods have on consumers? A rough estimate suggests that if every penny of tariffs is passed on to consumers next year, the average family would pay $1,000 more per year — a figure which is "not ideal" but "highly unlikely,...

Texas steakhouse-themed restaurant chain Texas Roadhouse Inc (NASDAQ: TXRH) disappointed many investors in its second-quarter earnings report, but the case for being buyers of the stock can be made by looking beyond the top-and-bottom-line miss, according to RBC. The Analyst RBC Capital Markets...

Gary Cohn's tenure as director of President Donald Trump's National Economic Council came to an abrupt end in March. Speaking to CNBC's Bob Pisani Tuesday, Cohn reflected on his biggest "regret" and opined on trade wars. What Happened Cohn's biggest...

U.S. stocks were sharply lower Wednesday with many attributing the sell-off to the resignation of President Donald Trump's chief economic adviser, Gary Cohn. What Happened Cohn provided the White House with an "enormous amount of value" in implementing Trump's tax reform, former...

The recreational vehicle market is in its ninth consecutive year of expansion, which bodes well for Winnebago Industries, Inc. (NYSE: WGO) — as it's capable of superior growth compared to its rivals, according to BMO. The Analyst BMO Capital Markets' Gerrick Johnson upgraded...

Investors that want some exposure to mega-cap department stores have a few options at their disposal, most notably Target Corporation (NYSE: TGT) and Walmart Inc (NYSE: WMT). The choice betweent the two is clear, according to Credit Suisse: Target. The Analyst Credit Suisse's Seth Sigman...

The Trump administration's tax reform law has proved a windfall for companies, as it reduced the corporate tax rate and provided incentive for repatriating cash held overseas. The corporate tax rate is now lowered from 35 percent to 21 percent, and bigger companies can now repatriate overseas...

The Tax Cuts and Jobs Act of 2017 is expected to benefit multiple sectors. Energy, the seventh-largest sector weight in the S&P 500, paid one of the highest effective tax rates in corporate America prior to the tax reform passage, but the sector's tax rate is poised to dramatically decline...

T-Mobile US Inc (NASDAQ: TMUS) reported fourth-quarter results that came in ahead of Wall Street's estimates, but the company's 2018 outlook may have disappointed some investors.  The Analyst Raymond James' Ric Prentiss maintains an Outperform rating on T-Mobile's stock...