Tax reform

FILE - In this Dec. 20, 2017, file photo, President Donald Trump, surrounded by members of congress and supporters, speaks during an event on the South Lawn of the White House in Washington, to acknowledge the final passage of tax overhaul legislation by Congress. The new tax law ends a benefit long prized by business for schmoozing with customers or courting new ones. And the impact could be felt in big glitzy boxes at sports stadiums, or even at minor league games in small towns with loyal company backers. (AP Photo/Carolyn Kaster, File)
March 17, 2018 - 2:12 am
WASHINGTON (AP) — Could the crackdown on tax loopholes clamp down on corporate schmoozing? The new tax law ends a benefit prized by business for impressing customers or courting new ones. And the impact could be felt in the pricey boxes at sports stadiums, or even at Double-A baseball games in...
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Larry Kudlow, a long-time fixture on the CNBC business news network who previously served in the Reagan administration, is interviewed on the floor of the New York Stock Exchange, Wednesday, March 14, 2018. President Donald Trump has chosen Kudlow to be his top economic aide. (AP Photo/Richard Drew)
March 15, 2018 - 7:42 am
WASHINGTON (AP) — President Donald Trump is confirming he's picked CNBC contributor Larry Kudlow as his top economic adviser and says the country is in line for a long run of upbeat financial news. Trump tweets that the U.S. "will have many years of Great Economic & Financial Success, with low...
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President Donald Trump, center, speaks in the Roosevelt Room of the White House in Washington, Thursday, March 8, 2018, before signing two proclamations, one on steel imports and one on aluminum imports. Standing with Trump are workers, left, Vice President Mike Pence, Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross. (AP Photo/Susan Walsh)
March 08, 2018 - 6:25 pm
LOS ANGELES (AP) — A broad swath of U.S. industries is unhappy with the tariffs that the Trump administration is imposing on aluminum and steel imports, warning the penalties will jack up costs, raise prices for consumers and potentially put people out of work. Despite objections voiced by many...
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President Donald Trump speaks during a meeting with Israeli Prime Minister Benjamin Netanyahu in the Oval Office of the White House, Monday, March 5, 2018, in Washington. (AP Photo/Evan Vucci)
March 05, 2018 - 9:05 pm
WASHINGTON (AP) — In a remarkably public confrontation, House Speaker Paul Ryan and other Republican allies of President Donald Trump pleaded with him Monday to back away from his threatened international tariffs, which they fear could spark a dangerous trade war. Trump retorted: "We're not backing...
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FILE - In this Jan. 16, 2018, file photo, New Jersey Gov. Phil Murphy speaks before signing the first executive order of his administration in Trenton, N.J. Democratic officials in some high-tax states are pushing legislation that would retain a federal tax break for state and local taxes, a deduction that was capped in the recent GOP tax overhaul. Murphy’s office describes the push for a work-around to the new cap on local taxes as a matter of fairness, especially if many of the federal tax breaks expire as scheduled in 2027. (AP Photo/Julio Cortez, File)
March 04, 2018 - 11:30 am
CHERRY HILL, N.J. (AP) — Resistance to the Republican tax overhaul comes with an ideological twist for some Democratic state officials: They've styled themselves as champions of the working class but are pushing hard for measures that would reduce taxes mostly for the wealthy. Democratic governors...
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FILE - In this Jan. 11, 2016, file photo, Georgia Lt. Gov. Casey Cagle speaks during a memorial ceremony on the first day of the legislative session at the state Capitol in Atlanta. Cagle on Monday, Feb. 26, 2018, threatened to prevent Delta Air Lines from getting a lucrative tax cut after the company ended its discount program with the National Rifle Association. Cagle, president of the state Senate and a leading candidate to succeed Gov. Nathan Deal, tweeted that he would use his position to kill a proposed sales tax exemption on jet fuel. (AP Photo/David Goldman, File)
February 26, 2018 - 9:32 pm
ATLANTA (AP) — The Latest on Delta's decision to cut marketing ties with the National Rifle Association (all times local): 7 p.m. Georgia Democrats have blasted the state's lieutenant governor, saying his recent threat against Delta Air Lines for severing ties with the National Rifle Association is...
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FILE - In this Oct. 3, 2017, file photo, investor Warren Buffett gestures on stage at a national conference sponsored by the Purpose Built Communities group that Buffett supports, in Omaha, Neb. Buffett appeared on CNBC Monday, Feb. 26, 2018, after releasing his annual letter to Berkshire Hathaway shareholders on Saturday. (AP Photo/Nati Harnik, File)
February 26, 2018 - 11:32 am
OMAHA, Neb. (AP) — Billionaire Warren Buffett says American businesses are getting a significant boost from the tax overhaul, but health care costs remain a drag so he hopes a new initiative his company started with Amazon and JP Morgan Chase will deliver significant savings. Buffett appeared on...
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February 26, 2018 - 8:41 am
OMAHA, Neb. (AP) — The Latest on investor Warren Buffett's views on tax reform, the economy and his Berkshire Hathaway conglomerate (all times local): 7 a.m. Billionaire Warren Buffett says he hopes the new health care initiative his company has started with Amazon and JP Morgan Chase will deliver...
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FILE - In this May 8, 2017, file photo, Berkshire Hathaway Chairman and CEO Warren Buffett speaks during an interview with Liz Claman of the Fox Business Network in Omaha, Neb. Berkshire Hathaway reports financial results Saturday, Feb. 24, 2018. (AP Photo/Nati Harnik, File)
February 24, 2018 - 9:56 am
OMAHA, Neb. (AP) — Investor Warren Buffett says the acquisition frenzy on Wall Street is making it hard for him to find deals at the right price, but his Berkshire Hathaway conglomerate recorded a $29 billion gain because of the tax reforms Congress passed. In his annual letter to shareholders...
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February 21, 2018 - 12:00 pm
WASHINGTON (AP) — The White House top economist says the U.S. could achieve annual growth rates of 3 percent through the next decade if President Donald Trump's policies on regulations and infrastructure are enacted. Kevin Hassett of the Council of Economic Advisers released the annual economic...
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