Tax Reform

Rep. Peter King weighs in on the House GOP tax reform bill.

Rep. Peter King weighs in on the House GOP tax reform bill.

Over the past decade, Apple (NASDAQ:AAPL) has stashed a significant chunk of its iPhone-fueled profits overseas to avoid paying high corporate taxes in the United States.

Over the past decade, Apple (NASDAQ:AAPL) has stashed a significant chunk of its iPhone-fueled profits overseas to avoid paying high corporate taxes in the United States.

Republicans in the U.S. Senate rolled out their version of a tax plan this week and left one controversial provision untouched: carried interest.

Peebles Corporation Founder and CEO Don Peebles told FOX Business’ Maria Bartiromo that the GOP tax bill will have a catastrophic impact on New York City, leading to a mass exodus of business owners and entrepreneurs.

Wall Street retreated on Friday, putting stocks in negative territory for the week, as investors continued to worry over potential delays to tax cuts.

Wall Street retreated on Friday, putting stocks in negative territory for the week, as investors continued to worry over potential delays to tax cuts.

U.S. Treasury Secretary Steven Mnuchin told FOX Business’ Trish Regan that tax reform is still on track to be passed by December, despite differences between two bills in the House and Senate.

U.S. Treasury Secretary Steven Mnuchin told FOX Business’ Trish Regan that tax reform is still on track to be passed by December, despite differences between two bills in the House and Senate.

A watered-down version of the Republican tax reform plan unfurled by the Senate Finance Committee Thursday afternoon made several, significant changes to an earlier plan released by House Republicans, but Senate leaders and White House officials remained stoic that the bill would still provide the long-awaited tax system overhaul.

A watered-down version of the Republican tax reform plan unfurled by the Senate Finance Committee Thursday afternoon made several, significant changes to an earlier plan released by House Republicans, but Senate leaders and White House officials remained stoic that the bill would still provide the long-awaited tax system overhaul.

The U.S. Senate released a tax plan on Thursday that, among other things, would postpone cutting the corporate tax rate until 2019.

The U.S. Senate released a tax plan on Thursday that, among other things, would postpone cutting the corporate tax rate until 2019.

World stocks edged lower on Friday on signs that U.S. tax reforms could be delayed after Senate Republicans unveiled a plan that differed significantly from the House of Representatives' version.

World stocks edged lower on Friday on signs that U.S. tax reforms could be delayed after Senate Republicans unveiled a plan that differed significantly from the House of Representatives' version.

The House Ways and Means Committee advanced the Republican tax reform bill on Thursday sending it to the rules committee next and moving the GOP closer to a legislative victory and overhauling the American tax system.

The House Ways and Means Committee advanced the Republican tax reform bill on Thursday sending it to the rules committee next and moving the GOP closer to a legislative victory and overhauling the American tax system.

This whole tax reform ruse is becoming utter nonsense as the shell game shifting your taxes has turned both Houses of Congress against each other.

This whole tax reform ruse is becoming utter nonsense as the shell game shifting your taxes has turned both Houses of Congress against each other.