🔒 Why Biden is the best president that business could hope for
Fact: No Democratic president since at least Grover Cleveland in the late 19th century has been beloved by American business.
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Trump booed and heckled by raucous crowd at Libertarian convention
Donald Trump was booed and heckled at the Libertarian National Convention for his handling of the COVID-19 vaccine and public health restrictions. He tried to appeal to libertarians by denouncing Joe Biden and asking for their support in the upcoming election. Trump also promised to commute the sentence of Ross Ulbricht if he wins the election.
Next Congress Must Overhaul Tax Code to Make Corporations Pay: Coalition | Common Dreams
– More than 100 public interest groups wrote to congressional leaders urging them to pass bold new tax reforms following the expiration of the Trump-era tax cuts in 2025.
– The Tax Cuts and Jobs Act (TCJA) has been proven to be a failure, with the average worker not seeing the financial benefits promised.
– The groups outlined three goals for tax reform in 2025: making the tax code fairer, raising more revenue for investments in Americans, and supporting economic growth.
– Extending the individual and real estate tax cuts from the TCJA past 2025 would add .6 trillion to the national deficit.
– The coalition believes that Congress should reject the failed approach of the Bush and Trump tax cuts and create a fairer tax code that supports necessary investments and inclusive growth.
– There is strong public support for making the tax system fairer and using the revenues raised to invest in care for families.
Fake US election-related accounts proliferating on X, study says
Fake accounts praising former President Donald Trump and criticizing President Joe Biden are increasing on the social media platform X, according to a report by Israeli tech company Cyabra. The study found that 15% of pro-Trump accounts and 7% of pro-Biden accounts are fake. The analysis also shows a tenfold increase in newly detected fake accounts during March and April. The fake pro-Trump accounts are part of a coordinated campaign to influence public opinion, while the fake pro-Biden accounts do not show signs of coordination.
EPIC tax backers say petition effort cleared 38-county hurdle
State Sen. Steve Erdman of Bayard is leading an effort to replace Nebraska’s income, property, and corporate taxes with a broader sales or consumption tax called the EPIC Option.
How,  Trump’s trial verdict could affect 2024 election
Jurors in the first-ever criminal trial of a former U.S. president, Donald Trump, could render their verdict in his hush money case as soon as next week.
Globe editorial: The Liberals are ripping up Canada’s trump card for productivity growth
The Trudeau government introduced the Accelerated Investment Initiative in late 2018 to encourage corporate investment by allowing companies to expense the cost of new equipment and systems. However, the policy is set to expire by 2028, leading to an increase in effective tax rates on new investments. The Liberals are focusing on redistributionist efforts and targeted tax credits, rather than extending the sector-neutral accelerated capital-cost allowances program. This approach limits the impact on productivity-enhancing assets and may hinder overall economic growth.
Use Expiring Trump Tax Cuts To Overhaul The Entire Tax System, Groups Say
Progressive and economic groups are urging Congress to use the expiration of .6 trillion in tax cuts next year as an opportunity to revamp the U.S. tax system.
EPIC tax backers say petition effort cleared 38-county hurdle • Nebraska Examiner
Supporters of the EPIC consumption tax in Nebraska have gathered signatures from 5% of registered voters in 38 counties, aiming to replace income, property, and corporate taxes with a broader sales tax. They need a total of 123,000 signatures by July 3 to place the issue on the fall ballot. Governor Jim Pillen opposes the EPIC tax, calling it unworkable and advocating for a balanced approach to property tax relief. Former State Sen. Brett Lindstrom and others criticize the EPIC tax for potentially increasing sales taxes on various items and eliminating local control. Supporters argue that drastic changes are needed in the state’s tax system and believe the EPIC tax is the only solution that prioritizes taxpayers.
Stealing from Trump was , ‘self-help,’ Cohen testifies at hush money trial
Fact: Michael Cohen testified that he stole money from Trump’s company as a form of “self-help” during Trump’s hush money trial.