Sen. Elizabeth Warren's proposed wealth tax would set back US economic growth by 0.9% in 2050, according to a new study released Thursday, possibly undercutting the signature plan helping to power her progressive campaign for the White House.The...
Related topics: White House
Most of us don't spend our days actively studying the tax code. But there are certain basic tax facts you should be aware of, since having that knowledge could help you make smart money-saving decisions throughout the year. But in a survey released...
Related topics: Polls
It seems like only yesterday that AT&T CEO Randall Stephenson was promising on live television that if Trump followed through on his tax cuts, the company would dramatically boost investment, in the process creating thousands of new jobs. Not...
The taxman cometh, and he asketh about virtual currency.
The US tax agency has released a new draft of its Schedule 1 form, used by taxpayers to report additional income and deductions. For 2019 tax filers, the Internal Revenue Service has posed a...
Related topics: IRS
Imagine what it must be like for private companies that have invested in a new technology and suddenly find out they have to compete with a tax-supported government agency—the very one that also regulates the industry. That's what happened when...
Related topics: Fed
School choice reigns as the leading discussion topic in education reform as many states begin prepping for January 2020’s new legislative sessions. Right now, powerful coalitions of parents and legislators are pushing to expand charter schools and...
Industry groups are pressing lawmakers to include their tax priorities in year-end legislation, setting off a last-minute scramble.A number of tax breaks, particularly in the energy sector, have already expired or are set to expire at the end of...
Sin Taxes & Other Orwellian Methods Of Compliance That Feed The Government's Greed
Authored by John Whitehead via The Rutherford Institute,
“Of all tyrannies, a tyranny sincerely exercised for the good of its victim may be the most...
The rate of growth for real property assessments on Oahu for the 2020-21 tax year was just a quarter of the growth rates over the past two tax years, according to the City and County of Honolulu’s Real Property Assessment Division.
The aggregate...
In a boon for millionaires, Democrats are working to repeal an element of Donald Trump's tax law that actually increased the tax burden for the rich.
Related topics: Donald Trump
The House Ways and Means Committee on Wednesday approved legislation to temporarily repeal a controversial provision in President Trump’s 2017 tax-cut law, taking action on a key priority for many Democratic lawmakers in states such as New York,...
Now that the ink on Gerrit Cole’s contract is dry, Brett Gardner may be next on the docket, per the SNY Network’s Andy Martino. Though there’s no explicit mention of the Yankees, it’s easy to presume Gardner will return to...
HSBC bank have been mired in scandal since 2008 when the financial crash happened. The bank has been trying to turn a corner and put its scandals behind it.
Related topics: HSBC, Banking
If you’ve ever traveled to Europe and purchased something, you’re either likely aware that you can get the Value-Added Tax (VAT) reimbursed once you depart since it’s actually only intended for taxpaying residents of the country...
Source: Real Time Economics
The post Lowest Tax Burdens by Nation (US is 4th lowest) appeared first on The Big Picture.
Escobar: What Really Happened In Iran?
Authored by Pepe Escobar via The Saker blog,
On November 15, a wave of protests engulfed over 100 Iranian cities as the government resorted to an extremely unpopular measure: a fuel tax hike of as...
Related topics: Iran, Protests
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Facebook, Inc. (FB): Free Stock...
Related topics: Amazon, Amazon (AMZN), Facebook, Social Media
Certified New York billionaire and presidential hopeful Mike Bloomberg took a shot at certified President Donald Trump (who is also a New Yorker and claims to be a billionaire) during an interview with CNN’s Christiane Amanpour which aired...
Related topics: Bloomberg, Donald Trump, CNN
If you tax something, you generally get less of it. That logic undergirds a San Francisco ballot measure that would tax vacant storefronts in hopes of filling them with thriving retail businesses.
Supporters of the idea argue that the city is facing...
Lawmakers reached a bipartisan agreement on greater benefits for grieving military families.
Related topics: Military