Stock investors are fooling themselves if they believe that corporate profits will grow faster once corporate tax rates are lowered. Few economists are willing to say this publicly. Joachim Klement, who recently devoted a blog post to this subject,

The tax cuts that were President Trump’s top first-term legislative achievement went unmentioned in his inaugural address, even though their extension will dominate the congressional agenda this year.

The Trump tax cuts are set to expire later this year, and that poses a real challenge for policymakers, businesses, and taxpayers alike. Americans face a

U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for extending trillions of dollars in tax cuts, an unprecedented shift likely to face opposition from many of his fellow Republicans in Congress.

The Tax Cuts and Jobs Act (TCJA) of 2017, which was signed into law during President Donald Trump's first term, lowered tax rates overall. While the current legislation is slated to expire at the

A big reduction in the capital gains tax will both turbocharge the economy and provide more revenue for Uncle Sam.