tax reform

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The Trump administration recently announced the outline of a tax plan that calls for lowering the corporate tax rate and decreasing the number of personal income tax brackets. While details are few, analysts are already predicting potential impacts. 

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President Trump’s tax plan is so far just a one page outline, but it’s already raising some red flags for New York’s political leaders.

Calita Kabir/Flickr

Taxes and tax reform are likely to be a major topic in the next legislative session, which begins in seven weeks. New York Governor Andrew Cuomo is relying on two separate commissions for ideas about tax changes, while progressive groups and Republicans in the State Senate are also weighing in.

  In today’s Congressional Corner, New York Representative Bill Owens tells WAMC’s Alan Chartock that he is not optimistic about comprehensive tax reform.

    In today’s Congressional Corner, New York Representative Sean Patrick Maloney and WAMC’s Alan Chartock discuss the debate over tax reform.

  In today’s Congressional Corner, Massachusetts Democratic Representative Richard Neal continues his discussion of tax reform with WAMC’s Alan Chartock.

  Members of Congress are once again tackling tax reform.

In today’s Congressional Corner, Massachusetts Democratic Representative Richard Neal tells WAMC’s Alan Chartock that corporate tax loopholes have eroded some of the public’s goodwill.

  Tax reform means different things to different people.

In today’s Congressional Corner, New York representative Paul Tonko, a Democrat who represents the 20th district, tells WAMC’s Alan Chartock that certain corporate loopholes should be closed.

The dreaded drop off the fiscal cliff has been avoided, so what does it mean for our taxes.  Before the agreement, there were dire predictions that many middle-class Americans could see their yearly tax bills go up by some three thousand dollars, if Congress and the White House did not agree on a tax and spending plan by the time the ball dropped in Times Square.