Taxes

Why Trump might not pass comprehensive tax reform

Trump’s tax reform pushEconomist and ‘Capitalist Code’ author Ben Stein explains why President Trump may be unable to pass his tax reform legislation, which if passed would lower the corporate tax rate from 35% to 20%.

Trump threatens NFL with tax law changes amid anthem battle

President Donald Trump took aim at the NFL on Tuesday, suggesting he could change federal tax law to prevent the league from “getting massive tax breaks” amid an escalating feud over ongoing player protests of the national anthem.

Scientists say cost of capturing CO2 declining

Technology now in limited use removes about 90 percent of carbon dioxide from the smokestacks of coal-fired power plants, but energy experts say cost remains the chief obstacle to bringing the "clean coal" touted by President Donald Trump into the mainstream.

Wolf to pursue Farm Show borrowing plan to plug deficit

Democratic Gov. Tom Wolf's administration said Monday that it will look to borrow against the Pennsylvania Farm Show Complex and Expo Center to help plug a projected $2.2 billion deficit and make payments to schools and human services providers.

Fed's Rosengren: Rate rises key to keep economy from overheating

Federal Reserve Bank of Boston President Eric Rosengren said Saturday additional interest-rate rises are needed to keep the economy on track, while warning that Fed officials need to make policy with an eye on longer-term issues over short-term data fluctuations.