New IRS tax withholding tables mean your paycheck might be getting a little bigger soon

So who’s ready for a fatter paycheck starting next month? RELATED: This new Trump tax calculator shows how much you’ll pay going forward New withholding rules mean more money in your pocket The Internal Revenue Service is out with new withholding tables for companies to follow when calculating your paycheck going forward. Employers may begin using… Please follow and like us:

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Corporate Tax Rate Changes Might Result In Company Deleveraging

Since the financial crisis, the total value of debt owed and issued by US corporations has ballooned. Bingeing on low-interest rates, companies have borrowed heavily to finance acquisitions, buybacks, and dividends with few, if any repercussions. Get Our Icahn eBook! Get our entire 10-part series on Carl Icahn and other famous investors in PDF for free!… Please follow and like us:

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Tax moves you may want to consider before the end of 2017

You probably already know that big changes in the tax code are going to take effect starting January 1, 2018. What you may not know is that there are still a number of things you can do over the few couple of days to potentially leverage those changes to your own benefit. And there are other… Please follow and like us:

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Tax reform is just the first step in rolling back the nanny state

One way to kill a predatory animal is to deny it sustenance. The tax-cut bill passed by the Senate, if it clears a conference with the House and President Trump signs it, may be the first step toward starving the big-government beast. Reporting on the Senate vote early Saturday morning reflected the biases of various media… Please follow and like us:

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5 biggest reasons to hate the IRS tax code

President Donald Trump has proposed what he calls “the biggest tax cut since Ronald Reagan.” He also wants vast simplification so that Americans can fill out their taxes on a postcard return. Let’s hope that part of this reform package will be to de-fang the IRS, which treats Americans as if they are guilty until proven… Please follow and like us:

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Trump: I’ll Keep the Economy Booming with Tax Reform

On the day the Dow Jones Industrial Average sailed past the 23,000 mark for the first time, President Donald Trump made his pitch for tax reform to the Heritage Foundation, saying he needed tax cuts and a simpler tax code to keep the momentum going. “You understand that lower taxes mean bigger paychecks, more jobs and… Please follow and like us:

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IMF raises US GDP forecasts for 2017, 2018

The IMF on Tuesday raised its 2017 economic forecast for the United States but said the coming years would likely see sluggish gains in the absence of more growth-oriented policy from Washington. Citing strong market confidence in the world’s largest economy, the International Monetary Fund said US GDP was now expected to grow by 2.2 percent… Please follow and like us:

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Next collective Democrat ‘no’? Tax cuts

WASHINGTON – Democratic lawmakers have been the party of “no” of late. “No” to a border wall. “No” to health-care reform, “no” to judicial nominees, “no” to just about everything President Trump proposes. After all, that’s what they promised when he was elected. And their next target? It’s likely tax reform, despite overwhelming evidence that changes… Please follow and like us:

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Hard-line conservative demands mean no easy OK for debt limit hike

WASHINGTON — As they headed for the doors at the start of August, Republicans appeared close to consensus on approving an increase to the nation’s borrowing limit with no strings attached. Not anymore. Hardcore conservatives on Capitol Hill and allied outside groups are insisting that no measure to raise the debt ceiling should pass without provisions… Please follow and like us:

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CBO agrees we need entitlement reform, pro-growth tax policies

WASHINGTON, August 2, 2017 – In May, President Trump introduced his first budget to Congress. In it, he wants to change the tax code and significantly reduce spending on entitlement programs. Trump claims the actions in his budget would reduce the deficit and eventually lead to a balanced budget by 2027. The Congressional Budget Office (CBO)… Please follow and like us:

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House Conservatives Set Ambitious Tax Reform Target: The IRS

A group of 151 conservative Republican congressmen are calling for the Internal Revenue Service to be abolished, calling it an “inefficient behemoth weighing down our economy.” “At its worst, the IRS has shown a capacity for outright corruption and political targeting,” the Republican Study Committee wrote in its budget released Thursday. “Under the Obama Administration, the… Please follow and like us:

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Get ready. Here comes rapid economic growth.

WASHINGTON, June 21, 2017 – President Trump’s effort to increase economic growth has been somewhat thwarted by politics. He would like to solve the health care issue and reform the tax code, which is really what is needed to increase economic growth. Despite that, he has already issued some growth inducing executive orders. Some economists believe… Please follow and like us:

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Republicans Drafting 593-Page Bill To Deregulate Wall Street…Again

Republicans in Washington have been working feverishly to complete a massive piece of legislation known as The Choice Act that would repeal many of the current regulations that are in place for Wall Street banks. The bill would gut Senator Elizabeth Warren’s Consumer Financial Protection Bureau, and it would allow banks that have the most money… Please follow and like us:

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