What Did the Trump Tax Cuts Do? Nobody Really Knows.

What Did the Trump Tax Cuts Do? Nobody Really Knows.

Seven years ago, when Republicans passed the most significant overhaul of the tax code in a generation, they were sure the law would supercharge investment, raise wages and shift the American economy into a higher gear. So did it? The answer, at least for now, is largely lost to history. … Read more

Expect one big ‘thread the needle’ reconciliation bill with Trump tax cuts next year: House Ways and Means Chair Jason Smith

Expect one big ‘thread the needle’ reconciliation bill with Trump tax cuts next year: House Ways and Means Chair Jason Smith

There’s ongoing debate in the nation’s capital about whether President-elect Donald Trump’s legislative priorities, and tax cuts in particular, should be split up into multiple bills next year, but Republican House Way and Means Committee Chairman Jason Smith tells CNBC to expect one big bill next year, and that his … Read more

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