Illinois Lawmakers Override Governor’s Budget Veto

By JULIE BOSMAN and MONICA DAVEY July 6, 2017 CHICAGO — Illinois lawmakers overrode a veto of the Republican governor on Thursday, giving the state its first full budget in more than two years and ending the longest such impasse for any state...

Corporations Are People: Under the Trump Tax Plan, We Might All Want to Become Corporations

Corporations Are People By NEIL IRWIN April 28, 2017 Corporations are people, Mitt Romney once told us. But if the Trump administration’s tax plan were to become law, in the future a whole lot of people may just become corporations. That’s...

Trump Tax Plan Would Shift Trillions From U.S. Coffers to the Richest

The vast majority of benefits would go to the highest earners and largest holders of wealth, analysts said, setting up a battle over the government’s strained resources.

5 Hurdles to the Adoption of Trump’s Tax Plan This Year

It has obvious benefits for the rich but not the middle class, lobbyists don’t like parts of it, and its effect on Mr. Trump’s own taxes is unclear because he won’t release his returns.

Economic Trends: Winners and Losers in the Trump Tax Plan

Economic Trends By NEIL IRWIN April 26, 2017 The tax plan the Trump administration released Wednesday consists (so far) of a single page of bullet points. If this were a more rounded plan, we could wait for the tax wonks at various think tanks to run it...

Treasury Nominee Vows No Tax Cut for Rich. Math Says the Opposite.

By PATRICIA COHEN February 9, 2017 Rules are made to be broken. And that may be the problem with the newly christened “Mnuchin rule” — the assurance given by President Trump’s nominee for Treasury secretary, Steven T. Mnuchin, that...