The crowning legislative achievement of Donald Trump’s first term in the White House was the passage of an unpopular tax bill that gave big corporations a massive windfall, disproportionately rewarded wealthy individuals despite being pitched as a boon for workers, and contributed trillions to the national debt. With Trump running for another four years in … Read more
After Donald Trump was convicted on 34 felony counts, the Heritage Foundation — a right-wing think tank that has, among other things, produced the Project 2025 agenda, a blueprint for policy if Trump wins — flew an upside-down American flag, which has become an emblem for support of MAGA in general and election denial in … Read more
Republicans in Congress are preparing to not just extend former president Donald Trump’s 2017 tax cuts if they win control of Washington in November’s elections, but also lower rates even more for corporations, laying the early groundwork for a ferocious debate over taxes and spending next year and beyond.The Tax Cuts and Jobs Act (TCJA) … Read more
THE BIGGEST news story over last few days has been that it was very hot. As if anyone in Kyproulla had not felt the scorching heat and had to be informed about it by continuous reports and updates from the media.OK, it was the highest ever temperature recorded in early June, but what more is … Read more
A felony conviction just months ahead of a presidential race in the United States is unheard of. Yet Donald J. Trump has become the first former president and the first GOP candidate to be convicted by a New York jury on all 34 counts in his criminal case of hush-money. Trump himself called the verdict … Read more
Canadian AI startup Cohere has raised $450 million in funding from returning investors such as Nvidia (NVDA.O) and Salesforce Ventures (CRM.N), as well as new investors including Cisco (CSCO.O) and Canadian pension fund PSP Investments, according to a source familiar the matter.This concludes the first tranche of Cohere’s monthslong fundraising efforts, while the company is … Read more
Breadcrumb Trail Links Opinion Columnists Published Jun 07, 2024 • Last updated 8 hours ago • 2 minute read Photo by file /Getty Images Article content The federal Liberal government’s current budget proposal budget proposal to increase the inclusion rate for capital gains tax was met with justifiable criticism and opposition — primarily from business groups. … Read more
30% jump in corporation taxes help erase first quarter drop News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers. Sign up Keep up with the stories of the day with our lunchtime news wrap. Sign up Sign up to the best reads of the week … Read more
State economists Mark McMullen, left, and Josh Lehner answer questions from Oregon lawmakers in 2015. McMullen gave his final economic and revenue forecast to a legislative committee on Wednesday.Jonathan J. Cooper / AP Oregon economists offered caution Wednesday that a financial rough patch could be on the horizon — but that might not be enough … Read more
Unhedged podcast episode: ‘The billionaires’ tax’[MUSIC PLAYING]Robert ArmstrongThe G20 group, which represents the world’s largest economies, is discussing a billionaires’ tax for the first time. Today on the show, why are the very, very rich so very, very rich? Is it a problem and what should we do about it? This is Unhedged, the finance … Read more