Silver as an investment

Category Archives: Alternative minimum tax

House Passes Tax-Reform Bill – 12 Republicans, All Democrats Vote Against

By silveristhenew | Published December 19, 2017

After more than six weeks of frenzied negotiations, the House of Representatives has passed the reconciled version of President Donald Trump's tax plan, leaving only one major hurdle between Republicans and their biggest legislative accomplishment of the Trump era. In a 227-203 vote, the House passed the tax plan over united Democratic opposition, as well […]

Also posted in business, Donald Trump, Economic policy of Donald Trump, Economy, Economy of the United States, Federal Tax, Home mortgage interest deduction, House of Representatives, Income tax, Income tax in the United States, income taxes, money, Obamacare, Patient Protection and Affordable Care Act, Personal Finance, Politics, Presidency of Barack Obama, Presidency of Donald Trump, senate, social issues, Statutory law, Tax, Tax bracket, Tax Cuts and Jobs Act, Taxation in the United States, Twitter, United States, White House | Comments Off on House Passes Tax-Reform Bill – 12 Republicans, All Democrats Vote Against

What’s In The Final Republican Tax Bill: Goldman Explains

By silveristhenew | Published December 16, 2017

While we published both the full text(1,097 pages) and the “explanatory” statement (only 570 pages) released by the House-Senate conference committee on the final Republican Tax Bill, also known as the Tax Cuts and Jobs Act (TCJA), we are confident not many readers – or anyone else for that matter – will read the full […]

Also posted in business, Corporate Tax, Credit Suisse, Economy, Estate tax in the United States, Fitch, Geothermal, Home Equity, Income tax, Income tax in the United States, International taxation, Investors Service, Joint Committee on Taxation, Newspaper, Obamacare, Predicted effects of the FairTax, Private Equity, ratings, Reed College, Republican party, senate, Tax, Tax Cuts and Jobs Act, University of Chicago, Value-added tax | Comments Off on What’s In The Final Republican Tax Bill: Goldman Explains

Here Is The Full Text Of The Final Republican Tax Bill

By silveristhenew | Published December 15, 2017

Update: in addition to the previously leaked highlights (see below), Republicans on Friday evening released the final version of their legislation to slash tax rates for corporations and individuals. The 1,097 page document, containing the bill and an explanatory statement, was crafted by the House-Senate conference committee. The bill is expected to come up for […]

Also posted in Adoption tax credit, business, congress, Corporate Tax, Economy, Gulf Coast, Home mortgage interest deduction, Income tax, Income tax in India, Income tax in the United States, income taxes, Main Street, mortgage, Obamacare, Personal Finance, senate, social issues, Tax, tax credit, Tax Cuts and Jobs Act | Comments Off on Here Is The Full Text Of The Final Republican Tax Bill

In Dramatic Reversal, Top Senate Republicans Now Want To Repeal AMT They Passed Just Days Ago

By silveristhenew | Published December 5, 2017

When we laid out the key highlights of the Senate tax plan passed just before 2am on Saturday morning, we made one thing clear: nobody had read the massive 479-page bill which had several pages with handwritten revisions in the margin. I was just handed a 479-page tax bill a few hours before the vote. […]

Also posted in 115th United States Congress, Donald Trump, Ohio, Orrin Hatch, Politics, Presidency of Donald Trump, Quinnipiac University, Republican party, Republican Party United States), Rob Portman, senate, SWIFT, Tax Cuts and Jobs Act, Twitter, United States, Washington D.C. | Tagged | Comments Off on In Dramatic Reversal, Top Senate Republicans Now Want To Repeal AMT They Passed Just Days Ago

Ron Paul Asks “Will Tax Reform Increase Or Limit Liberty?”

By silveristhenew | Published October 9, 2017

Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, President Trump and the congressional Republican leadership recently unveiled a tax reform “framework.” The framework has a number of provisions that will lower taxes on middle-class Americans. For example, the framework doubles the standard deduction and increases the child care tax credit. […]

Also posted in business, congress, CPI, Draft:Modern Tax Policy, Economic history of the United States, Economics, Economy, Financial economics, inflation, macroeconomics, Politics, Presidency of Barack Obama, Price indices, Purchasing Power, Ron Paul, Ron Paul Institute for Peace & Prosperity, social issues, Tax, United States fiscal cliff, US Federal Reserve | Tagged , | Comments Off on Ron Paul Asks “Will Tax Reform Increase Or Limit Liberty?”

Trump Tax Plan To Benefit “Top 1%” Most, Cost $2.4 Trillion, Middle Class To Pay More Taxes

By silveristhenew | Published September 29, 2017

Based on what we already know about the proposed Trump tax reform, which can be summarized as follows: collapse the seven individual income tax rates to three (12, 25, and 35 percent), increase the standard deduction, eliminate personal exemptions, increase the child tax credit, eliminate most itemized deductions, repeal the individual and corporate alternative minimum […]

Also posted in 8.5%, business, Draft:Modern Tax Policy, Economy, Estate tax in the United States, Fail, Income tax, Income tax in the United States, internal revenue service, Itemized deduction, Political debates about the United States federal budget, Politics, Presidency of Barack Obama, Republican party, senate, social issues, Tax, Tax incidence, Taxation in the United States | Comments Off on Trump Tax Plan To Benefit “Top 1%” Most, Cost $2.4 Trillion, Middle Class To Pay More Taxes

The “Trump Tax Plan” – Details & Analysis

By silveristhenew | Published September 27, 2017

Submitted by Lance Roberts of Real Investment Advice Almost a full year after the election of Donald Trump to the White House, one of the key promises made to voters was the largest “tax cut” since Ronald Reagan was in office. As President Trump stated in Indiana yesterday: “This is a revolutionary change, and the […]

Also posted in Bob Corker, business, Corporate Tax, CRFB, Deficit Spending, Donald Trump, Draft:Modern Tax Policy, Economy, Estate tax in the United States, Federal Tax, headlines, Income tax, Income tax in the United States, Indiana, Kevin Brady, National Debt, Obamacare, Personal Income, Proposed Legislation, Real estate, Reality, Recession, Republican party, senate, social issues, Tax, United States federal budget, Ways and Means Committee, White House | Tagged | Comments Off on The “Trump Tax Plan” – Details & Analysis

Realtors Warn Of “Another Housing Crash” If Mortgage Tax Deductions Are Scrapped

By silveristhenew | Published August 15, 2017

After failing miserably if their efforts to repeal and replace Obamacare, Republicans are set to shift their legislative agenda to focus on tax reform when they get back from their generous month-long August recess (taxpayers are such great employers).  Among other things, proposed changes to the personal tax code would include eliminating nearly all tax […]

Also posted in American Red Cross, business, congress, Economy, Foreclosures, Home mortgage interest deduction, Housing Market, income taxes, Itemized deduction, money, mortgage, National Association of Homebuilders, National Association of Realtors, Obamacare, Reuters, Tax, Tax deduction, Taxation in the United States | Comments Off on Realtors Warn Of “Another Housing Crash” If Mortgage Tax Deductions Are Scrapped

Mnuchin/Cohn Unveil Trump’s “Biggest Tax Cut Ever” Tax Reform Plan – Live Feed

By silveristhenew | Published April 26, 2017

Having promised "the biggest tax cut in history," and seemingly desperate for a win (given his folding on the funding of the wall), one wonders why President Trump has delegated the announcement of his Tax Reform plan to Treasury Secretaty Steven Mnuchin and Chief Economic Advisor Gary Cohn. Reduction, repatriation, simplification, and de-itemization appear to […]

Also posted in business, Donald Trump, Economy of the United States, Fail, Flat tax, Itemized deduction, Obamacare, Politics, social issues, Steven Mnuchin, tax reform, Taxation in the United States, United States, White House | Comments Off on Mnuchin/Cohn Unveil Trump’s “Biggest Tax Cut Ever” Tax Reform Plan – Live Feed

How Trump’s Tax Changes Will Impact You?

By silveristhenew | Published December 17, 2016

“Reduce taxes across-the-board, especially for working and middle-income Americans” – that was Trump’s campaign pledge. And now he is about to move into the White House and is backed by Republican majorities in both House and Senate, he has a real shot at fulfilling that pledge to the letter. So, what are the specifics of […]

Also posted in business, Income distribution, Income tax, Income tax in the United States, Politics, senate, Tax, Tax incidence, Tax-rate, taxation, Taxation in the United Kingdom, White House | Comments Off on How Trump’s Tax Changes Will Impact You?