estate tax News

Guide to Republican Tax Proposal

House Republicans announced a tax proposal Thursday that would cut the U.S. corporate tax rate to 20 percent, reduce most of the individual tax brackets, and cap the mortgage-interest deduction on new purchases of homes. The measure would phase out …

House Republicans Plan Vote on Estate Tax Repeal

The House Ways and Means Committee plans to vote this week on a bill to repeal the U.S. estate tax, said Doug Andres, a spokesman for committee chairman Paul Ryan, a Wisconsin Republican. The move to repeal the estate tax …

High-Profile CEOs Push for Compromise on ‘Fiscal Cliff’

A group of high-profile chief executives urged President Barack Obama and Republican congressional leaders on Tuesday to strike a deal to avert the “fiscal cliff” that could include raising tax rates on the wealthiest Americans. In a sign the end-of-year …