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tax cuts News
Major U.S. tax cuts not likely this year, says' economists
Sat, Nov 18, 2017
While optimism about a tax overhaul has helped push the U.S. stock market up for most of this year, the administration of President Donald Trump, a Republican, is still seeking its first major legislative win after almost a year in office.
US House narrowly passes measure paving way for Trump tax cuts
Fri, Oct 27, 2017
The Republican-controlled House voted 216-212 to pass a budget blueprint for the 2018 fiscal year. The measure will enable the tax legislation.
Asian markets shrugged off sluggishness after US Senate passes budget plan
Fri, Oct 20, 2017
The Republican-controlled Senate voted for the budget measure late on Thursday, which would add up to $1.5 trillion to the federal deficit over the next decade in order to pay for proposed tax cuts.
Trump's faulty trade math may not make America greater, or richer
Sat, Apr 29, 2017
The former real estate developer's economic assessment appeared to overlook the ways in which a total halt to trade between the two neighbors would ripple through both nations
US Companies cheer Trump tax cuts, but jobs are less certain to follow
Thu, Apr 27, 2017
Under Trump`s proposals, American companies would move from being the most highly taxed among the Group of 20 countries to among the lowest. Tax rates would fall below those of neighbouring Mexico and Canada, which Trump has accused of shortchanging the United States in trade deals.
Donald Trump tax cuts could mean more Novartis investment in US
Wed, Jan 18, 2017
Donald Trump`s plans to cut US corporate tax rates could trigger increased investment in the United States (US) by Novartis, its chief executive told Reuters, despite the president-elect`s recent harsh words on drug prices.
Brexit worries push gold prices to highest in over 7 weeks
Tue, Jan 17, 2017
Gold prices hit their highest in more than seven weeks on Tuesday, boosted by safe-haven buying ahead of a speech in which British Prime Minister Theresa May is expected to discuss plans for a "hard Brexit".
Trump offers less generous tax breaks in new economic plan
Fri, Sep 16, 2016
Trump's proposal, which he detailed in a speech in New York, would reduce the top individual rate to 33% from the current 39.6%.