Politics
You’ll Never Guess What Trump’s ICE Used Your Tax Dollars For
Immigration and Customs Enforcement is so desperate to look cool, they’ve gone full Pimp My Ride—at the taxpayer’s expense. A cringey…
Tag
Tax
Politics
A Tax Law for Manufacturers, but a Trade Policy Against Them
While the OBBBA tries to buoy manufacturing, President Trump’s tariffs are an anvil dragging the sector down. Source link
Politics
AOC Exposes Catch in “No Tax on Tips” Rule in Trump’s Budget
The no tax on tips provision of Donald Trump’s budget cannot be the pro-labor gift that the president has made it out to be while the rest…
Business
US: S&P 500, Nasdaq dip from record highs with Trump tax bill in focus
The S&P 500 and Nasdaq indexes opened lower on Tuesday (Jul 1), after touching record highs a day earlier, as investors monitored US trade…
News
Eight-country coalition aims to tax luxury air travel
Countries including France, Kenya, Barbados and Spain on Monday launched a coalition to push for taxes on wealthy air passengers to help…
Politics
Canada rescinds tax hitting US tech firms: government
Canada is rescinding taxes impacting US tech firms that had prompted Donald Trump to call off trade talks in retaliation, Ottawa said on…
Politics
Republican senate tax bill would add $3.3 trillion to the U.S. debt load, CBO says
The changes made to President Donald Trump's big tax bill in the Senate would pile trillions onto the nation's debt load while resulting…
Politics
Wealthy Silicon Valley investors in line for US$17 billion windfall in US senate Republican tax Bill
Silicon Valley’s favourite tax break may be getting an upgrade. Venture capitalists, along with successful tech founders and early startup…
Politics
Meet the “Moderates” Trying to Make Trump’s Tax Bill More Regressive
In the distant past, Republican moderates were people like Senators Pete Domenici of New Mexico and Bob Packwood of Oregon who preached…
Politics
The Child Tax Credit Helps Mothers Like Me
Republicans should help more working families qualify for an expanded CTC to prevent families like mine from being left behind. Source link
Politics
Senate Republicans Want to Trim Some of Trump’s Tax Cuts in Domestic Policy Bill
Even before the House passed the sweeping bill carrying President Trump’s domestic policy agenda, Senate Republicans made it clear that…
Politics
How Republicans Can Make the Tax Bill More Pro-Growth
They should insist on making full expensing for capital investment permanent for all businesses. Source link
Politics
Exclusive-Brazil government to defend bill cutting tax breaks by 10%, says sources
By Lisandra Paraguassu and Ricardo Brito BRASILIA (Reuters) -Brazil's government is expected to back a bill proposing a 10% cut to federal…
Business
Europe: German stocks rise on tax relief package approval; Stoxx 600 touches one-week high
EUROPEAN stocks closed higher on Wednesday, buoyed by Berlin’s approval of a 46- billion euro (S$68.2 billion) corporate tax relief…
Politics
How to Get More Growth from the Republican Tax Bill
If the ‘price’ of making full expensing permanent had to be additional spending cuts, that would be a trade worth making. Source link
Business
DeepSeek's R1 Upgrade Nears Top-Tier LLMs
DeepSeek today rolled out DeepSeek-R1-0528, an upgraded version of its R1 large language model that it says now rivals OpenAI's O3 and…
News
Map shows which states lost most tax money after recent population shifts
Americans moving out of places like California and New York are costing those states billions of dollars in taxpayer funds, according to…
Politics
Trump pardons former NY Rep. Michael Grimm after tax fraud conviction
President Donald Trump has pardoned former U.S. Rep. Michael Grimm, a New York Republican who resigned from Congress after a tax fraud…
Politics
Big, beautiful bomb-throwers: GOP spending hawks threaten to sink Trump's tax cut bill
A group of Senate Republicans, led by fiscal stalwart Ron Johnson of Wisconsin, are prepared to torpedo President Trump's signature tax…
News
Trump pardons Julie and Todd Chrisley, reality TV stars convicted in 2022 of fraud and tax evasion
President Donald Trump on Wednesday signed pardons for reality TV stars Julie and Todd Chrisley, who have been serving federal prison…
Politics
Florida Gov. DeSantis tries to roll back property taxes as homeowners grapple with rising tax bill
Gov. Ron DeSantis is leading the charge in the Sunshine State to lower and eventually get rid of the dreaded property tax, which for many…
Politics
The Senate Can Improve the House-Passed Tax Bill
There is an opportunity for unified Republican government to put federal policy on a better path. Source link
Politics
Republicans Pass Horrid Tax Bill Thanks to Democrats Dying in Office
House Republicans managed to pass their draconian budget bill, which promises to make massive cuts to Medicaid, Medicare, and food…
News
US: Wall St opens mixed after Trump's tax Bill narrowly clears House test
Wall Street’s main indexes opened mixed on Thursday (May 22) after the US House of Representatives passed President Donald Trump’s tax…