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Here comes the tax bill marketing

Dec 21, 2017
The tax bill is passed; it just needs to be signed by the president. However, the ads, public relations stunts and campaigns in support of and against the tax bill are not over. Not even remotely. Expect to hear a lot more about taxes in the next year. Click the audio player above to hear […]

Taxes shape our behavior. Here's what to look for in the new bill

Dec 21, 2017
The Republican tax bill moves away from using the tax code as social engineering, though some behaviors are still incentivized.
The Capitol dome is seen as lawmakers continue to work towards tax legislation on Capitol Hill on Dec. 18, 2017 in Washington, D.C.
BRENDAN SMIALOWSKI/AFP/Getty Images

Not everyone is going to get the same pass-through benefits from this tax bill

Dec 21, 2017
Two people doing the exact same job could be paying very different taxes by the end of the year.
“A construction worker who's in a favored industry might end up with a lower tax rate as an independent contractor instead of working for a construction company,” says Marketplace's Kimberly Adams.
Photo by Spencer Platt/Getty Images

Some Republicans point to North Carolina's 2013 tax cuts as a model, but the state faces budget shortfalls

Dec 21, 2017
North Carolina drastically cut corporate and income taxes in 2013, similar to today’s GOP tax plan in Congress. Corporate and income tax cuts created more jobs in North Carolina. But revenue shortfalls loom.
A general view of Charlotte, North Carolina's skyline. 
Streeter Lecka/Getty Images

Tax plan relief will hit retailers that could use a break

Dec 21, 2017
The effective tax rate of many retailers has been just over 30 percent. The new tax bill could help them have more to spend on getting more competitive, in stores and online, as brick-and-mortars suffer. Click the above audio player to hear the full story.

A question for the tax plan: How will it help my business?

Dec 20, 2017
A business owner asks whether the tax plan is really going to help her or her company.
U.S. Speaker of the House Rep. Paul Ryan, a Republican from Wisconsin, takes questions from the media after the House passed the tax overhaul bill Tuesday in the Capitol.
Alex Wong/Getty Images

The new tax plan could mean growth but if not, "then there's a problem"

Dec 20, 2017
If the tax bill does not stimulate economic growth, then "all we've done is increase the national debt and the deficit. Growth is the key to this."
Congress passed the Republican tax plan on Dec. 20, 2017.
Chip Somodevilla/Getty Images

For public good, not for profit.

Corporate tax overhaul could mean a big windfall for banks

Dec 20, 2017
The Republican $1.5 trillion tax bill has been delayed because of procedural challenges from the Democrats. But when it does finally go through, one of the big winners will be banks. That’s because most of their business is here in the U.S., so they often pay higher taxes than other industries. A corporate tax rate […]

Corporate tax cuts could boost shareholders’ balance sheets

Dec 19, 2017
The corporate tax cuts included in the Republican tax bill — including a statutory corporate tax rate reduction to 21 percent from 35 percent, lower rates for pass-through businesses, elimination of the corporate alternative minimum tax and a tax holiday for repatriated profits — would deliver a windfall to many American companies. Those that are publicly […]

GOP on the verge of huge tax overhaul, with one hiccup

Dec 19, 2017
The bill now goes to the Senate for an expected vote Tuesday evening.
U.S. Speaker of the House Paul Ryan (R-WI) speaks as House Republican Conference Chair Rep. Cathy McMorris Rodgers (R-WA) (L) and House Majority Leader Rep. Kevin McCarthy (R-CA) (R) listen during a news briefing after a House Republican conference meeting at the Capitol on Dec. 19, 2017 in Washington, D.C.
Alex Wong/Getty Images