South Dakota Wants The Supreme Court To Let It Tax Out-Of-State Businesses

South Dakota has become what South Carolina once was — stubborn, pugnacious and wrong. In 1860, South Carolina became the first state to vote to secede. In 2016, South Dakota’s ... Continue Reading →

Good Trump, Bad Trump: S&P 500, Dow Jones Rallied On Trump Tax Cuts, But Here Come Trump Tariffs | Stock News & Stock Market Analysis

Futures for the S&P 500 index, Nasdaq 100 and Dow Jones industrial average were mixed early Friday morning after President Trump’s vow to impose steel tariffs triggered ... Continue Reading →

State And Local Tax Deduction Cap Hurts Only High-Tax States| Investor’s Business Daily

“This is the flip side (of) tax the rich, tax the rich, tax the rich. The rich leave, and now what do you do?” said New York Governor Andrew M. Cuomo on Feb. 4. X After ... Continue Reading →

Betsy McCaughey: Renters Win In Tax Law; Dems Lie About It | Stock News & Stock Market Analysis

Renters came out winners under the new tax law. For over a century, the federal tax code catered to homeowners and treated renters like second-class citizens. Homeowners have been ... Continue Reading →

Tax Reform Trips Early Rally; Intel Heads Dow, Clears Buy Point | Stock News & Stock Market Analysis

Stocks jumped at Wednesday’s open as markets awaited a final, procedural House vote on Congress’ massive tax overhaul package. Gains by Intel (INTC), FedEx (FDX) and Micron ... Continue Reading →

After Tax Reform, GOP Needs To Fix Arcane Budget Rules | Stock News & Stock Market Analysis

The Republicans have passed their tax bill, without a single Democratic vote, despite low to dismal poll ratings. It’s reminiscent of the passage by Democrats, without a single ... Continue Reading →

Much Of Tax Reform Bill Is Good, But Overall It Gets A B-Minus | Stock News & Stock Market Analysis

Corporate Tax Reforms: Grade A. It is economic malpractice that American businesses have remained subject to an outdated 1986 corporate tax code, and a fossilized 1960s international ... Continue Reading →

And … Presto! Tax Cuts Already Working Their Magic | Stock News & Stock Market Analysis

Taxes: Tax reform was passed with the promise that it soon would start to work wonders to kick economic growth into high gear and boost workers’ pay. Don’t look now, but ... Continue Reading →

Indexes Dip; Tax Reform Gets Done As Bullish Sentiment Rises | Stock News & Stock Market Analysis

The Nasdaq composite, S&P 500 and Dow Jones industrial average edged lower in afternoon trading Wednesday as earnings reports from Micron Technology (MU), FedEx (FDX), Stitch ... Continue Reading →

Stock Market Today: Stock Indexes Stall, Steelmakers Jump; This State May Get Hurt By Tax Plan | Stock News & Stock Market Analysis

Stock indexes loitered above and below the day’s breakeven line midday Wednesday, as the Republican tax-cut bill headed toward a final procedural vote in the House. XThe Dow ... Continue Reading →