Tax Reform

Wall Street's major indexes were poised to inch higher at the open on Tuesday, building on gains in the past two sessions on rising hopes that the U.S. Congress will vote for the biggest overhaul of the country's tax system in more than 30 years.

The Republican-controlled U.S. Congress appeared all but certain to pass sweeping tax legislation this week after two Senate Republican holdouts agreed on Monday to support a tax overhaul backed by President Donald Trump.

While the GOP works on passing a finalized tax reform bill, here's how you can maximize profits.

Republican U.S. Senator Susan Collins said on Monday she would vote for the sweeping tax overhaul her party’s leaders hope to push through Congress this week, all but ensuring its passage.

Wall Street’s biggest banks stand to gain from the GOP’s tax reform proposal, according to a study released on Monday.

Wall Street’s main indexes hit fresh records as tax reform moves closer to completion.

Financial advisers and accountants are working overtime as many U.S. taxpayers scramble to pay the rest of their 2017 taxes before Jan. 1 when the proposed Republican tax overhaul would sharply cut the amount they can deduct on federal tax bills.

House Ways and Means Committee Chairman Kevin Brady discussed on Sunday the details of the final tax plan released by Republican lawmakers on Friday.

Count President Donald Trump among the personal winners in the $1.5 trillion tax package that congressional Republicans are on the verge of passing.

U.S. President Donald Trump on Saturday defended a Republican tax-cut plan against Democratic charges that it favors the rich, saying it will be "one of the great Christmas gifts" for the middle class with just days to go before Congress votes.

For two weeks, Republican Sen. Marco Rubio of Florida fumed that his party rejected his efforts to steer more money to low-income families in the GOP tax plan by making a child tax credit more accessible.

Despite the sheer size and society-spanning impact of the $1.5 trillion tax overhaul, the quickest and most potent political victory that Republicans would savor by pushing the bill through Congress next week may be what it averts: another big GOP legislative crash in the age of Trump.

The completed version of the GOP tax bill will have seven tax brackets, sources told FOX Business on Friday.

Congressional Republicans' final tax legislation proposes cutting taxes as expected for businesses, the wealthy and some middle-class Americans, according to a summary seen by Reuters on Friday, with decisive votes expected next week in a critical moment for the party and President Donald Trump.

A stock market on fire, over a million jobs added and tax reform that may make America great again.

Stocks rallied to new records Friday, as Republican lawmakers wrapped up a tax-cut bill ahead of a scheduled vote next week.

Republicans in the House and Senate are working to finalize a tax reform bill they hope to have on President Trump’s desk by Christma, but former Philadelphia Federal Reserve President Charles Plosser expressed concerns that the bill wouldn’t provide the systemic reform promised by the GOP.

Former Microsoft CEO and LA Clippers owner Steve Ballmer on the Republican tax reform plan and calls to rein in government spending.

White Castle Vice President Jamie Richardson explained how the GOP tax bill will benefit both the White Castle franchise and working class Americans.

President Donald Trump’s drive to win passage of a sweeping Republican tax bill in the U.S. Congress hit potential obstacles on Thursday as two more Republican senators insisted on changes, joining a list of lawmakers whose support is uncertain.