To understand the business tax provisions in the Trump tax proposals, begin with F. Scott Fitzgerald’s insight that the rich are different from you and me — they have more money. In particular, they have more capital. (Ever polite, economists call piles of money that have been invested “capital.”) Business tax reform really is an exercise in how we should tax Read More

WASHINGTON — Senate Republican leaders released a new version of their health care bill on Thursday and they hope to vote on it as soon as next week. Here’s what you need to know about how it would affect your health care. Premiums and deductibles Like Obamacare, the Senate bill provides subsidies to buy insurance on the individual market based Read More

House Speaker Paul Ryan of Wis. speaks at a news conference on Capitol Hill in Washington, Thursday, May 25, 2017. (AP Photo/Andrew Harnik) Republicans trying to dismantle former President Barack Obama’s health care law have run into the same problem that bedeviled him: Quality health insurance doesn’t come cheap, especially if it protects people in poor health, older adults not Read More

Several Republican leaders have formed a political barricade around the health-care bill that narrowly passed the House last week, defending how the legislation would change insurance coverage for people with preexisting illness or injury. But while House Speaker Paul D. Ryan (R-Wis.) and Trump administration officials on Sunday rallied around the House legislation after intense criticism from Democrats, who say Read More