Taxes

How the GOP Tax Bill Could Squeeze Your 401(k)

Proposals floating around Washington to cap the amount that Americans can contribute before taxes to 401(k) plans and individual retirement accounts are unsettling professionals in the retirement industry.

Trump: GOP tax reform plan is 'a great bill'

The newly unveiled Republican tax reform plan, the first substantive tax overhaul in nearly 30 years, could be passed much sooner than the GOP’s proposed 2018 deadline, President Donald Trump told FOX Business’ Maria Bartiromo in an exclusive interview.

Global stocks get modest boost from US tax hopes

Asian shares pushed higher Friday on investor optimism over the global outlook despite uncertainties over the outcome of political events in China and Japan and speculation over Trump's choice for the next Fed chief.

Senate GOP backs budget, clears way for tax overhaul

Republicans must now shift their focus to enacting President Donald Trump's sweeping tax plan, a far heavier lift than the $4 trillion budget plan they've muscled through the Senate to lay the groundwork for the first tax overhaul in three decades.

Big tax cuts are a pipe dream: David Stockman

Treasury Secretary Steven Mnuchin offered an “absolute guarantee” that President Donald Trump would sign a tax reform bill into law by the end of the year during the Politico Money podcast on Wednesday, but former Reagan Budget Director David Stockman told FOX Business it’s not a reasonable time table.