The House just passed its version of the tax plan, which includes about US$1 trillion in cuts for corporations. The question, who will be left holding the potato?
Rather than tinkering with the deduction, Republicans should get rid of it altogether and replace it with something that would actually help more Americans afford a home.
Colleges and universities boast US$547 billion in endowment assets, yet only a handful of elite schools would be taxed under the proposal.
Supply-side economics is the intellectual backbone of the argument that tax cuts for the wealthy will boost business investment, wages and growth. The evidence suggests otherwise.
Taxing inherited wealth doesn't just generate revenue for the government. It encourages philanthropy.
President Trump recently released his tax plan, but he's also said he wants to stimulate the economy with infrastructure spending. Is one more effective than the other at boosting growth?
The Trump tax cut will create new investment in America, but at the expense of countries like Australia