Tourists pass the US Capitol building on a bus, July 19, 2014 in Washington, DC.
Photo by Brendan Smialowski/Getty

Business Latest: Tax reform’s biggest hurdle

 

TAX REFORM’S BIGGEST HURDLE: With new corporate tax inversion deals seeming to be announced every week, observers of politics and business wonder: Why hasn’t Washington reformed corporate taxation? There are many reasons, but the most important one is simple. No one wants it badly enough—not Democrats, not Republicans, not the business community, not ordinary voters.  Read more

REFORM AT THE VA: THE LATEST: The Dept. of Veterans Affairs says it has taken action against half a dozen employees from two facilities exposed in an exclusive CNBC report for manipulating patient wait times and retaliating against whistleblowers. But a closer look reveals that despite all the promises of reform, so far it may just be more of the same. Watch 

FORMER HHS SECRETARY TALKS OBAMACARE REPEAL: The man who once devised Mitt Romney’s presidential blueprint for dismantling Obamacare is now hopeful the next Republican nominee will avoid even mentioning the word “repeal.” Read more

STOCKS CLOSE HIGHER FOR THIRD TIME IN FOUR DAYS ON BIOTECH BOOST: Read more

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Business Latest: Tax reform's biggest hurdle