By Joseph Lawler | 09/29/14 11:42 AM
The Geneva Report on the World Economy published Monday notes that, contrary to popular belief, the world is becoming more indebted in the wake of the debt-fueled 2008 financial crisis, not less.
By Timothy P. Carney | 09/24/14 01:11 PM
President Obama's Treasury Department recently issued new rules aimed at punishing companies that seek out friendlier or saner corporate tax codes through so-called "corporate inversions."
By Paul Bedard | 09/23/14 01:35 PM
Former President Bill Clinton, who signed into law budget measures that led to the developed world's highest corporate rate of 35 percent, wants it cut to encourage U.S. business to stop fleeing overseas.
By Joseph Lawler | 09/22/14 07:01 PM
In a highly anticipated executive action, Lew said the Treasury Department was taking "initial steps that we believe will make companies think twice" about moving their headquarters abroad for tax purposes.
By Philip Klein | 09/22/14 10:09 AM
House Budget Committee Chairman Rep. Paul Ryan, R-Wis., in an exclusive interview, warned his fellow Republicans not to count on a wave this November as an excuse to avoid outlining an agenda.
By Joseph Lawler | 09/19/14 12:38 PM
Senate Democrats are trying to give corporations another reason not to move their headquarters out of the U.S. Sherrod Brown of Ohio and Dick Durbin of Illinois introduced a bill Friday that would make companies pay taxes on their foreign income held abroad before completing tax inversions....
By Joseph Lawler | 09/18/14 04:10 PM
In an abbreviated replay of past Republican pre-election agendas, House Speaker John Boehner on Thursday laid out a plan for the GOP to boost economic growth with a combination of old-school conservative policies such as reforming taxes and cutting spending as well as newer priorities.
By Joseph Lawler | 09/18/14 11:38 AM
Ryan, the presumed successor to retiring Ways and Means Committee chairman Dave Camp if the GOP holds the House of Representatives in November, said Thursday that "there are two things that we are working on right now" to help him succeed where Camp fell short in pushing comprehensive tax reform.
By Rep. Robert Pittenger | 09/17/14 03:22 PM
Burger King, Chiquita, and other iconic American brands are seeking more attractive tax provisions to better manage their businesses, as they also absorb the high impact of our costly regulatory environment, including the mandated requirements of the Affordable Care Act.
By Joseph Lawler | 09/17/14 07:56 PM
"Any company considering an inversion is now on notice that there is action that’s going to be taken,—� Lew said.
By Zack Colman | 09/17/14 03:03 PM
Senate Finance Committee Chairman Ron Wyden, D-Ore., praised his Republican counterpart, Sen. Orrin Hatch of Utah, for supporting at least a one-year extension for the incentives, which are given to wind, biomass, geothermal and other energy sources.
By Joseph Lawler | 09/11/14 02:15 PM
Noting that he's friends with Buffett, Hatch said that the Omaha-based investor "called me to say, 'you gotta do something about tax inversions.' I believe that was before he entered into the Burger King situation. I think he wanted to know where we were going."
By Joseph Lawler | 09/10/14 12:13 PM
"I believe the Treasury Department has completed — or is very close to completing — such a plan, but refuses to make it public," House Ways and Means Committee Chairman Dave Camp said Wednesday.
By Joseph Lawler | 09/08/14 09:44 AM
Speaking at an event on business taxes at the Urban Institute in Washington, Lew placed the responsibility on Congress to address so-called tax inversions, but said that the administration was prepared to step in if lawmakers don't move quickly enough.
By Kelly Cohen | 09/03/14 02:13 PM
On CNBC Wednesday morning, the Ohio Republican argued that companies like Burger King are moving their headquarters to other countries because U.S. corporate taxes are too high and too complicated.
By Paul Bedard | 09/30/14
By Susan Crabtree | 09/30/14
By Becket Adams | 09/30/14
By Paul Bedard | 09/15/14
By Byron York | 09/29/14