America's CEOs are feeling very good right now about the economy and looming corporate tax cuts. However, less than half of the CEOs polled by the Business Roundtable plan to ramp up their hiring.
The European Union has blacklisted 17 jurisdictions as part of a crackdown on tax havens. The list includes South Korea, Barbados, Saint Lucia, Panama and the United Arab Emirates.
President Trump promised to cut the U.S. trade deficits with China and Mexico, along with the overall deficit. So far this year, all those numbers have gone up.
By failing to repeal the alternative minimum tax in their tax reform bill, Senate Republicans inadvertently undermined the research and development tax credit used by drug makers and tech companies.