Kevin Drawbaugh

Analysis: At cliff’s edge, old ideas to cap tax breaks are new again

December 25, 2018 at 7:43 p.m.

(Reuters) - Imposing overall caps on how much high-income people in the United States can claim on their tax returns in deductions, exemptions and other tax breaks is an idea...

Factbox: “Fiscal cliff” tax, budget provisions in detail

December 25, 2018 at 6:54 p.m.

WASHINGTON (Reuters) - The "fiscal cliff" is only days away and efforts to avert it are making little progress, with some U.S. lawmakers predicting the tax increases and federal spending...

Factbox: Corporate tax breaks in play at “cliff” and beyond

December 25, 2018 at 6:50 p.m.

(Reuters) - The White House and the U.S. Congress are sizing up a range of corporate tax breaks as part of the "fiscal cliff" debate and a possible comprehensive revamping...

Timeline: America’s long stumble toward the “fiscal cliff”

August 24, 2021 at 1:15 a.m.

WASHINGTON (Reuters) - The long, bumpy road to America's "fiscal cliff" on December 31 has been traveled over many years by Congress and a series of U.S. presidents, including Democrat...

Factbox: Corporate tax breaks in play at “cliff” and beyond

August 24, 2021 at 1:14 a.m.

(Reuters) - The White House and the U.S. Congress are sizing up a range of corporate tax breaks as part of the "fiscal cliff" debate and a possible comprehensive revamping...

Top U.S. House tax writer vows tax reform in 2013

August 22, 2019 at 11:55 a.m.

WASHINGTON (Reuters) - The House of Representatives' top Republican tax writer on Thursday pledged to tackle a full-scale overhaul of the tax code in 2013, but offered few specifics on...

Romney floats tax deductions cap idea resembling one from Obama

August 23, 2021 at 8:14 p.m.

(Reuters) - Mitt Romney's talk of putting a cap on income tax deductions aligns him with others, including President Barack Obama, behind a tax code change that could gain traction...

Analysis: In fog of numbers, little tax clarity from Obama-Romney

December 25, 2018 at 1:07 a.m.

(Reuters) - For an event so freighted with expectations of tax insights, the Obama-Romney debate on Wednesday offered few clues on what the candidates' tax plans could mean for average...

Romney floats tax deductions cap idea resembling one from Obama

December 25, 2018 at 12:51 a.m.

(Reuters) - Mitt Romney's talk of putting a cap on income tax deductions aligns him with others, including President Barack Obama, behind a tax code change that could gain traction...

VP candidate Ryan releases two years of tax returns

August 23, 2021 at 5:30 p.m.

WASHINGTON (Reuters) - Republican vice presidential candidate Paul Ryan on Friday released tax returns showing he paid an effective tax rate of 20 percent last year, roughly in line with...

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