TaxProf Blog

Tax Policy In The Trump Administration

• Barrons, It Isn’t Just Buybacks — the Tax Cuts Helped Companies Borrow a Lot Less Too
• Bloomberg, Bill Gates Spells Out Democrats’ Tax Plans as a Capital Gains Hike
• Bloomberg, Congressional Democrats Target Private Equity Tax Break
• Bloomberg, Democrat's Go-Slow Pace on Trump's Taxes Irks Party Progressives

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Democrats In the Home of Hedge Funds Are Divided Over Tax Plans Sparing Rich
• Bloomberg, Financial Transactions Make for the Perfect Tax
• Bloomberg, Mnuchin Says Tax Refunds ‘Normalized’ After Latest Weekly Rise
• Bloomberg, New York, Florida Developer Taps a Tax Break Aimed at Needy Areas

Continue reading

Tax Policy In The Trump Administration

• Ellen Aprill (Loyola-L.A.), The Trump Foundation and the Private Foundation Termination Tax
• Bloomberg, Get Rid of the State-Tax Deduction Altogether
• Bloomberg, S&P 500 Dividend Growth Comes to a Halt in Year After Tax Cuts
• Bloomberg, Trump Tax Law Created Breaks for Wall Street to Buy Private Jets

Continue reading

Tax Policy In The Trump Administration

• Bruce Ackerman (Yale), The Constitutional Critiques of Elizabeth Warren’s Wealth Tax Plan Are Absurd
• Axios, Filthy Rich, Owing No Tax
• Baker Institute for Public Policy, Fiscal Federalism and the State and Local Tax Deduction Limit
• Bloomberg, Democrats Embrace Tax-the-Rich Label After Years of Ducking It
• Bloomberg, How High-Tax Countries Tax

Continue reading

Tax Policy In The Trump Administration

• American Prospect, Democrats Have Broken the Taboo about Raising Taxes, and That’s a Good Thing
• Bloomberg, Amazon May Get a Tax Break for the Poor With a Project in America’s Richest County
• Bloomberg, Another Shutdown Could Mean the Most Troubled Tax Season in Recent History
• Bloomberg, Bernie Sanders’ Plan May Spur Types of Tax Dodges It Aims To Stop

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, The Big Democratic Fight Over How to Tax the Rich
• Bloomberg, Democrats Target Wall Street With Financial Trade Tax Proposal
• Bloomberg, Former Starbucks CEO Howard Schultz Calls for Higher Taxes on Wealthy
• Bloomberg, How Amazon’s Booming NYC Neighborhood Got Tax Perks Meant for the Poor
• Bloomberg, Trump Says He’s ‘Open’ to Changing SALT Cap; Grassley Disagrees
• Bloomberg, Trump’s ‘Opportunity Zones’ Tax Break Is Under Assault in N.Y.

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Bernie Sanders Proposes Estate Tax of Up to 77% for Billionaires
• Bloomberg, Big Real Estate Moguls Win as Smaller Investors Denied Tax Break
• Bloomberg, The Golden Age of Hollywood Tax Avoidance
• Bloomberg, A Guide to Democrats’ Plans to Tax the Rich More

Continue reading

ABA Webinar On The Government Shutdown: Monday 1:00 PM EST

As the IRS and Tax Court reopen (at least for about three weeks), readers might be interested in resources to help them.  The IRS has published a short announcement that answers some basic questions, here.   In addition, the ABA Tax Section is hosting a webinar on the effects of the shutdown on administrative operations and on Tax Court cases. The 1.5 hour webinar is scheduled for Monday, January 28, 2019 starting at 1:00 pm EST.  The cost is $10 for Tax Section members and $25 for non-members.  It is free to Low Income Tax Clinic or other pro-bono attorneys.  

 Topics will include:

• How the shutdown affected the Service’s issuance of notices;
• The ways taxpayers and representatives should consider reacting and responding to Service correspondence;
• The impact of the shutdown on applications for discretionary relief and IRS administrative services; 
• The Service’s current collection efforts; and
• The impact on filings with the United States Tax Court.

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Don’t Be So Sure That Tax Cuts Are Good for Startups
• Bloomberg. Richest in U.S. Have a Few Tricks to Avoid Democrats' Tax Plans
• Bloomberg, Why Republicans Fell in Love With Tax Cuts
• Forbes, Alexandria Ocasio-Cortez's Tax Plan Isn't Unprecedented Historically

Continue reading

Tax Policy In The Trump Administration

• Atlantic, No, High Taxes Will Not Suffocate American Innovation
• Bloomberg, The 70 Percent Solution: What Are Taxes For?
• Bloomberg, Big Tax Break for Business Owners at Risk as Shutdown Drags On
• Bloomberg, Corporate Earnings May Still Trip on Lower Bar

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, For a Real-World Example of Ocasio-Cortez’s Tax Proposal, Look to Sweden
• Bloomberg, For Tax Purposes, ‘the Rich’ Are People Who Earn More Than You Do
• Bloomberg, From TSA to Tax Refunds: Tracking the Impact of the Government Shutdown
• Bloomberg, The Democrats’ Latest Idea on Taxes Will Only Help Trump

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Google Cuts Taxes By Shifting Billions to Bermuda—Again
• Bloomberg, House Republicans List Tax Law Errors Before Entering Minority
• Bloomberg, Start of New Congress Leaves Gaps at IRS, Tax Court 
• Reuters, Google Shifted $23 Billion to Tax Haven Bermuda in 2017

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, After Voting for Tax Law, Rubio Slams It for Helping Corporations Over Workers
• Bloomberg, Billion-Dollar Tax Break Could Give Puerto Rico False Hope Again
• Bloomberg, Foreign Banks Get a Break From IRS in Trump Tax Law's New Levy
• Bloomberg, How to Tell If Tax Reform Is Working

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Kushners’ Beachfront Strip Eligible for Trump’s Poor-Area Tax Perks
• The Hill, Americans Aren't Buying Homes; Tax Reform Didn't Help Matters
• MarketWatch, The Tax Cut Isn’t Trickling Down to Workers
• Reuters, Corporate Tax Breaks Cost U.S. Schools Billions of Lost Revenue

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Chaos Threat May Spur Global Effort on Digital Tax: OECD Official
• Bloomberg, Ex-Billionaire's Widow Gets Boost in Panama Papers Tax Fight
• Bloomberg, Higher Estate Taxes Can Prevent a Nation of Dynasties
• Bloomberg, In Final Tax Push, Brady's Best Shot Is His Most Hated Practice

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Trudeau Unveils $10.5 Billion in Tax Cuts to Keep Up With Trump
• Bloomberg, Walmart Deal Brings Flipkart Founders Under Tax Probe
• MarketWatch, How the New Tax Law Affects Vacation Home Owners
• Jim Maule (Villanova), Tax Breaks and Corporate Blackmail 

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, $630 Million Death Tax Keeps LG Heir Out of Billionaires’ Club
• Bloomberg, Banks Are Losing Fight to Spike Tax on Sales Above $285 Million
• Bloomberg, Democrats Are Going to Try to Raise the Corporate Tax Rate
• Bloomberg, U.S. Companies Flee No-Tax Caribbean Havens After EU Crackdown

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, The Democrats’ Options for Repealing the Trump Tax Cut
• Bloomberg, Trump Says He's Open to Raising Taxes to Offset Middle-Class Cut
• Fiscal Times, 3 Ways Democrats Could Roll Back Trump’s Tax Cuts
• Huffington Post, How Republicans Failed To Sell Their Tax Law

Continue reading

Tax Policy In The Trump Administration

• Business Insider, So Far, It Doesn't Look Like the GOP Tax Law Has Prompted the Investment Boom Republicans Promised
• Cato Institute, Conservatives for Higher Taxes
• Center on Budget and Policy Priorities, New York Times Investigation Highlights Failures in Taxing Income From Wealth
• Forbes, No Minimum Wage Increases Anywhere Says Trump Advisor -- Corporate Tax Cuts Are Enough

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Kamala Harris Tax Plan Would Cost $2.8 Trillion, Conservative Group Says
• Bloomberg, U.S. Corporate Taxes Went From Low to Lower
• Sam Brunson (Loyola-Chicago), NonBelief Relief and Form 990
• Center on Budget and Policy Priorities, 2017 Tax Law Is Fundamentally Flawed

Continue reading

Tax Policy In The Trump Administration

• American Prospect, Think the GOP Tax Cut Was for the Rich? Actually, It Was for the White and Rich.
• Atlantic, Kamala Harris’s Trump-Size Tax Plan
• Bloomberg, Top-Spending Republican Group Says Little About Trump Tax Law in Campaign
• CNN, Facebook Co-founder Wants to Repeal Trump Tax Cuts to Pay For a $500 Per Month Basic Worker Income

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Exxon Puts $1 Million Into Quest for Carbon Tax and Rebate
• Bloomberg, Juicy Real Estate Tax Break Suffers Big Blow After IRS Proposal
• Bloomberg, Samsung Family's $4 Billion Tax Strategy Dragged Into Spotlight
• Bloomberg, Tax Change Aside, Companies Stick With Executive Performance Pay

Continue reading

Tax Policy In The Trump Administration

• Axios, Preparing for the End of the Tax Cut "Sugar Rush"
• Sam Brunson (Loyola-Chicago), Elon Musk, Tweets, Fines, and Deductibility
• Sam Brunson (Loyola-Chicago), When Religious Tax Accommodations Are Inconsistent
• Center on Budget and Policy Priorities, House Republican “2.0” Tax Plan Skewed to Top, Loses Needed Revenue

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, How to Reform Tax Reform
• Bloomberg, Shareholders Aren’t Gaining From Tax Cuts as Much as Some Think
• Brookings Institution, Tax Cuts: The Gift That Keeps Not Giving
• Center for American Progress, Americans Have Rejected the GOP’s Tax Scam—Congress Should Too

Continue reading

Tax Policy In The Trump Administration

• Axios, The GOP’s Corporate Jet Tax Loophole Sparks a Market "Frenzy"
• Axios, Tax Cuts May Hurt Republicans in the Midterms
• Bloomberg, How to Reform Tax Reform
• Bloomberg, Yes, the Tax Cuts Have Cost the U.S. Treasury Money

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, House Republicans Unveil Tax-Cut Bill Ahead of Election Push
• Bloomberg, IRS Moves to Ease Pain of New Tax That Targets Offshore Profits
• Bloomberg, Jeff Bezos Homeless Pledge Follows Amazon Fight Against Housing Tax
• Center on Budget and Policy Priorities, New House Republican Tax Proposal Fails Fiscal Responsibility Test, While Favoring the Wealthiest

Continue reading

Tax Policy In The Trump Administration

• Center on Budget and Policy Priorities, House Republican “2.0” Tax Plan Favors Wealthiest, Makes Fiscal Problems Worse
• Center on Budget and Policy Priorities, Sanders-Khanna Bill Risks Unintended Side Effects That Could Hurt Lower-Income Workers and Spur Discriminatory Hiring Practices
• Los Angeles Times, Republicans May Scrap Tax Cuts' Next Phase After Backlash on State and Local Tax Deductions
• NBC News, Republicans Are Running on Tax Cuts — Just Not Trump's

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Ex-Budget Director Stockman Says Trump Tax Cuts Will Cause 'All Hell to Break Loose'
• Bloomberg, The Earnings Boom Isn’t Just About Lower Taxes
• Bloomberg, For Goldman, a New Tax Break Makes Helping the Poor More Lucrative
• Bloomberg, Here’s What May Happen to Your Taxes If Democrats Win the House

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, The Case for Low Capital-Gains Taxes Grows Weaker
• Bloomberg, Here’s What May Happen to Your Taxes if Democrats Win the House
• Bloomberg, Trump’s War Against Blue States
• Bloomberg, U.S. Chamber Urges Treasury to Relax Offshore Tax Refund Rules

Continue reading

Tax Policy in the Trump Administration

• Bloomberg, Bitcoin Investing Is Creating Tax Predicaments for Hedge Funds
• Bloomberg, PNC Faces Subpoena Over Low-Income Housing Tax Credits
• Bloomberg, Rich Professionals Are Using Pension Plans as a Tax Dodge
• Bloomberg, Tax Cuts Are Why U.S. Bond Yields Aren't Higher

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Exxon Loses Fight for $337 Million Tax Refund From U.S.
• Bloomberg, Meet the Guy in the Senate Tasked With Hearing Your Tax and Trade Complaints
• Bloomberg, NYC Area Tax-Law Refugees Fuel a Luxury-Home Boom in Florida
• Fiscal Times, Extending Tax Cuts and Spending Hikes Would Raise Debt to Record Level by 2029: CBO

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Corporate America Now Knows How to Tally Its Repatriation Taxes
• Bloomberg, Tax Breaks for Stock Pay Curbed, Handing Tech `Huge' Liabilities
• Bloomberg, U.S. Expats Face Hammering From New Tax Rules
• Bloomberg editorial, A Big, Bold, Backward Tax Idea

Continue reading

Trump Administration's Trial Balloon On Indexing Capital Gains Is Widely Panned

Following up on my previous posts:

• NY Times, Trump Administration Mulls Unilateral $100 Billion Tax Cut For The Rich By Indexing Capital Gains (July 31, 2018)
• WSJ, Can Trump Enact A Second Tax Cut On His Own By Indexing Capital Gains? (July 14, 2018)
• Daniel Hemel (Chicago) & David Kamin (NYU), The False Promise of Presidential Indexation (June 6, 2018)

• Bloomberg, Five Reasons Trump’s Trial Balloon on Capital Gains Taxation Should Sink
• Business Insider, A Study Already Threw Cold Water on the Biggest Argument for Trump's $100 Billion Tax Cut
• Business Insider, Trump's Idea for a $100 Billion Tax Cut That Would Give 97% of its Benefit to the Wealthy Is Legally Dubious
• Fiscal Times, White House Distances Itself from Big Tax Cut for the Wealthy
• Forbes, New Tax Break? Trump Administration Considers Indexing Capital Gains For Inflation
• Houston Chronicle editorial, Capital Gains Tax Proposal Prompted by Greed and Texans Should Oppose It
• New York Times editorial, Trump’s Crony Capitalists Plot a New Heist: The Treasury Secretary Floats a Plan to Hand $100 billion in Capital Gains tax Savings to His Moneyed Friends. It’s Almost Certainly Illegal.
• Newsweek, Trump Weighs Bypassing Congress to Give Ultra-Wealthy $100 Billion in Tax Cuts
• Politico, More Fun With Indexing
• Politico, Push for Another Upper-Income Tax Cut Gets Treasury's Attention
• Reuters, Capital Gains Tax Cut Idea Puts Pressure on Trump Administration
• Salon, Trump Eyes Bypassing Congress to Gift the Rich With a $100 Billion Tax Cut
• Dan Shaviro (NYU), I Think the NYT's Article Title Says It All

Continue reading

Tax Policy In The Trump Administration

• Above the Law, Living With And Applying The Tax Cuts And Jobs Act Of 2017 In Real Life
• Bloomberg, GOP’s New Tax-Cut Framework Leaves Out Fixes for Retailers, #MeToo Victims
• Bloomberg, In New Round of Tax Cuts, Retirement Changes Seen as Most Likely to Pass
• Bloomberg, Obama and Bezos Could Make Basic Income Work

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Bank of America’s Trump Bump Has Faded
• Bloomberg, A New Reason for Trump to Release His Tax Returns: Helsinki
• Bloomberg, Trump’s Tax Cut Hasn’t Done Anything for Workers
• Fiscal Times, Corporate Tax Cuts Don’t Boost Incomes for Majority of Americans: Study

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Court Pick Kavanaugh’s Views Could Limit Tax Rule Challenges
• Bloomberg, Due to Tax Law, Murdoch May Get Billions by Picking Disney Stock Over Comcast Cash
• Bloomberg, Pass-Through Tax Guidance Delayed Until End of July
• Bloomberg, Tesla Buyers Hear Clock Ticking as $7,500 Credit Phases Out
• Bloomberg, Trump Tax-Cut Optimism Fades Into Trade-War Gloom

Continue reading

Tax Policy In The Trump Administration

• American Prospect, The Idle Poor and the Idle Rich
• American Prospect, Will the Tax Act Set Back Private Equity?
• Forbes, Should Tesla Worry As Its Federal Tax Credit Winds Down?
• Forbes, Unpacking The New Tax Reform: Crucial Changes For Real Estate Investors

Continue reading

Tax Policy In The Trump Administration

• American Prospect, How the Tax Act Embodies the Republican Culture of Corruption
• American Prospect, Principles for Tax Reform
• American Prospect, Raises and Bonuses: The PR Fraud
• American Prospect, The Top Ten Fallacies About the New Trump-GOP Tax Act

Continue reading

Tax Policy In The Trump Administration

• American Banker, Stress test results show hit to capital from tax reform
• American Banker, Wells Fargo Exhibit A in Democrats' Case Against Tax Law
• Bloomberg, GOP Leaders Want to Celebrate Tax Cuts But Few Are Listening
• Bloomberg, House GOP Unveils Budget to Fast-Track Tax Cuts, End Obamacare

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Cohn Says Trade Disputes Could Wipe Out Tax Cut Benefits
• Bloomberg, Corporate Tax Cuts May Shift Paper Profits, Not Factories
• Bloomberg, Guess What? Companies Are Bringing Their Cash Home
• Business Insider, Bernanke: Trump's Tax Cuts Are Like 'Wile E. Coyote' and the Economy's Boost Will Fall Off the Cliff in 2020

Continue reading

Tax Policy In The Trump Administration

• Axios, Behind Closed Doors: Republicans Worry Tax Reform Won't Save GOP
• Bloomberg, Starbucks’ Howard Schultz Slams Trump, Calls Tax Cuts ‘Reckless’
• Center on Budget and Policy Priorities, 2017 Tax Law Weakens Estate Tax, Benefiting Wealthiest and Expanding Avoidance Opportunities
• Center on Budget and Policy Priorities, Corporate Tax Cut Benefits Wealthiest, Loses Needed Revenue, and Encourages Tax Avoidance

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Corporate America Has 1.64 Trillion Reasons to Love Tax Cuts
• Bloomberg, How to Invest in Hedge Funds and Pay No Taxes
• Bloomberg, Trudeau’s Hipster Economics Looked Great Until Trump Cut Taxes
• Bloomberg, Trump Tax Cut Is the Gift That Keeps on Giving

Continue reading

Tax Policy In The Trump Administration

• Bloomberg View (Al Hunt), Republican Strengths Turn Out to Be Weaknesses
• Brookings Institution, The Tax Cuts and Jobs Act Was a Missed Opportunity to Establish a Sustainable Tax Code
• Daily Signal, Making Tax Cuts Permanent Should Be a Bipartisan No-Brainer
• Center on Budget and Policy Priorities, CBO Forecast of Weak Revenues Under Trump Policies Shows Impact of 2017 Tax Law

Continue reading

Hemel: Two Cheers For IRS Guidance On The New State & Local Tax Cap

Following up on yesterday's post, IRS Warns Taxpayers That Regs Will Prevent States From Circumventing $10k S&L Tax Cap With 'Charitable' Contributions:  Daniel Hemel (Chicago), Two Cheers for IRS Guidance on the New SALT Cap:

Yesterday’s notice by the Treasury Department and the IRS that they plan to propose regulations related to the state and local tax (SALT) and charitable contribution deductions has generated lots of news coverage. ...

Let’s start with what the notice did say. First, it revealed — and this is new news — that Treasury and the IRS “intend to propose regulations addressing the federal income tax treatment of certain payments made by taxpayers for which taxpayers receive a credit against their state and local taxes.” That’s apparently a reference to laws already enacted in New Jersey, New York, and Oregon that allow taxpayers to claim a state tax credit for charitable contributions to certain state-affiliated funds, as well as several similar proposals pending in other state legislatures. Interestingly, Treasury and the IRS signaled no intention to issue regulations addressing New York’s new “Employer Compensation Expense Program,” which allows employees to claim a state tax credit if their employer opts into a new payroll tax regime. Even those who are skeptical of the charitable credit arrangement acknowledge that the payroll tax shift “almost certainly” will pass muster under federal tax law, and nothing in yesterday’s notice suggests otherwise.

Continue reading

Tax Policy In The Trump Administration

• Accounting Today, Low Income Americans See Little Benefit From Tax Law
• Bloomberg, It’s a Great Time to Be a Wealthy Heir After Trump Tax Overhaul
• Bloomberg, The Kochs Helped Slash State Taxes. Now Teachers Are in the Streets
• Center on Budget and Policy Priorities, New Estate Tax Cut Encourages More Wealthy Individuals to Skirt Capital Gains Tax

Continue reading

Top GOP Donors Close Wallets Over Tax Law

CNN, Top GOP Donors Close Wallets Over Tax Law:

As national Republicans scramble their resources for a high-stakes midterm election year, some of the party's biggest and most reliable donors have quietly withheld their support for Senate and House Republican groups out of frustration with the new tax law, CNN has learned.

Continue reading

GOP Tax Cut Not Why Economy Is Booming: Economists Are Rolling Their Eyes At Candidates’ Claims

Politico, GOP Tax Cut Not Why Economy Is Booming: Economists Are Rolling Their Eyes at Candidates’ Claims:

Republicans facing a tough midterm election season are pointing to the strong economy as proof their new tax law is working its magic.

But as campaign ads tout swelling payrolls and lawmakers spotlight companies handing out employee bonuses, there’s little evidence the tax cuts are already having an impact across the economy, which was already humming even before the law was enacted.

Continue reading

Is Trump’s Tax Incoherence Just A Way To Hurt Amazon?

New York Times op-ed:  Is Trump’s Tax Incoherence Just a Way to Hurt Amazon?, by Veronique de Rugy (Mercatus Center, George Mason University):

For months, the Trump administration has rightfully been trying to thwart attempts by some European governments to impose a new corporate “digital tax” on American high-tech giants. This campaign to block internet-inspired extraterritorial taxation — taxation of income earned outside of a jurisdiction — is strongly supported by the American business community. But the White House, in an odd twist that turns its European Union digital tax arguments upside down, just argued before the Supreme Court that the same kind of extraterritorial taxation is acceptable when carried out by American states on retail sales on the internet.

Does the left hand of the Trump administration know what the right hand is doing on internet-related tax policy? Are American corporate leaders who have ignored the issue of internet sales taxes about to suffer a key setback in relation to the European Union tax grab? And does sound tax policy go out the window if the president seems to think Amazon is in the cross hairs?

Continue reading

NY Times: Federal Tax Cuts Leave States In A Bind

New York Times, Federal Tax Cuts Leave States in a Bind:

The federal tax overhaul cut taxes for millions of American families and businesses. But the law also had an unintended effect: raising the state-tax bite in nearly every state that has an income tax.

Now, governors and state legislators are contending with how to adjust their own tax codes to shield their residents from paying more or, in some cases, whether to apply any of the unexpected revenue windfall to other priorities instead.

Continue reading

Tax Policy In The Trump Administration

• Bloomberg, Pelosi Plans to Revisit Trump Tax Cuts If She Becomes Speaker
• Bloomberg, Tax Cuts Still Don’t Seem to Be Helping Workers
• Bloomberg, Wait Before Declaring Trump’s Tax Cuts a Win
• CBS, Amazon Plays Hardball With Seattle Over "Eat the Rich" Tax
• CNBC, Bill Clinton Tells CNBC: New Tax Law Is a 'Bullet Aimed at New York and California'

Continue reading