Not as many companies are planning to increase employee wages as a result, according to a new survey by BDO USA. Instead more companies are planning to do stock buybacks, increase corporate dividends and pursue mergers and acquisitions. | Companies adjust strategies after corporate tax cuts | | By Michael Cohn 3 min read | | Not as many companies are planning to increase employee wages as a result, according to a new survey by BDO USA. Instead more companies are planning to do stock buybacks, increase corporate dividends and pursue mergers and acquisitions. | |
| Mnuchin says he didn’t know Milken would benefit from tax help | | By Laura Davison and Saleha Mohsin 4 min read | | Treasury Secretary Steven Mnuchin said he had no knowledge that his long-time friend and billionaire Michael Milken would benefit from a tax break his agency approved last year for a property in Nevada. | |
| In the blogs: Spook central | | By Jeff Stimpson 3 min read | | Limits on collection; states’ tax friendliness; write your Chief Counsel; and other highlights from our favorite tax bloggers. | |
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| Sanders estate tax bill introduced in House | | By Michael Cohn 4 min read | | Rep. Jimmy Gomez, D-Calif., introduced legislation Friday modeled after the estate tax bill sponsored in the Senate by Sen. Bernie Sanders, I-Vt. | |
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