Trump’s $48 Billion Tax Cut for Big Corporations Would Exceed Size of K-12 Budget | Common Dreams

Trump's $48 Billion Tax Cut for Big Corporations Would Exceed Size of K-12 Budget | Common Dreams

As former President Donald Trump prepared to meet with top corporate CEOs on Thursday, an analysis estimates that the GOP frontrunner’s proposed giveaway to the nation’s most profitable corporations would exceed the size of the federal K-12 budget for the current fiscal year. Conducted by Brendan Duke and Will Ragland of the Center for American … Read more

As CEOs focus on stopping corporate tax hikes, Biden’s team makes case to them on global alliances – Daily Independent

As CEOs focus on stopping corporate tax hikes, Biden's team makes case to them on global alliances - Daily Independent

By JOSH BOAK WASHINGTON (AP) — President Joe Biden’s chief of staff argued to an influential group of CEOs Thursday that the Democratic incumbent’s emphasis on global alliances would help their businesses, even as the group rolls out an effort to preserve tax cuts that former President Donald Trump signed into law. Both Trump, the … Read more

Trump offers CEOs a cut to corporate taxes. Biden’s team touts his support for global alliances

Trump offers CEOs a cut to corporate taxes. Biden's team touts his support for global alliances

WASHINGTON — Former President Donald Trump told an influential group of CEOs that he wants to further cut the corporate tax rate he lowered while in office, while President Joe Biden’s chief of staff separately told them that the Democratic incumbent’s emphasis on global alliances would help their businesses.Both Trump, the presumptive Republican nominee, and … Read more

Courting C.E.O.s, Trump Says He Intends to Cut Corporate Taxes Again

Courting C.E.O.s, Trump Says He Intends to Cut Corporate Taxes Again

Former President Donald J. Trump told a group of America’s most powerful chief executives on Thursday that he intended to cut the corporate tax rate to 20 percent from 21 percent, according to three people who attended the meeting and who spoke on the condition of anonymity because the ground rules stipulated the meeting was … Read more

Oregon Ballot Measure Would Yield Sky-High Business Tax Rates

Oregon Ballot Measure Would Yield Sky-High Business Tax Rates

Oregon Ballot Measure IP-17 | Oregon Rebate: Details & Analysis Skip to content Home • Blog • Oregon Ballot Measure Would Yield Sky-High Business Tax Rates Oregon state and local taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general … Read more

South African parties hold crunch talks to decide who will govern

South African parties hold crunch talks to decide who will govern

The African National Congress (ANC) was holding last-minute talks with other parties on Thursday to thrash out a deal to form South Africa’s next government, as its secretary-general said it aimed to work with as many parties as possible. The broad parameters of a deal need to be agreed in time for the first convening … Read more

Gold rush to endure through 2024 though $3,000 mark may prove elusive

Gold rush to endure through 2024 though $3,000 mark may prove elusive

Gold’s lightning rally to successive record highs shows every sign of continuing in the second half of 2024 as the fundamental case for bullion remains firmly in place, though $3,000 per ounce looks just out of reach, traders and industry experts said.Investors have flocked in droves towards the precious metal, driven by expectations for monetary … Read more

Sunak, ’s GDP disappoints, US CPI and FOMC in focus

Sunak, ’s GDP disappoints, US CPI and FOMC in focus

By Naeem Aslam     European and US futures are trading with extreme caution on Wednesday as traders are reluctant to make any big moves ahead of two important events. Observing the day’s price action reveals a tense atmosphere, because the US CPI report and the Fed’s monetary policy decision, followed by their press conference, are … Read more

Trump’s $50 Billion Tax Giveaway to the 100 Largest Corporations

Trump’s $50 Billion Tax Giveaway to the 100 Largest Corporations

We know that “privately, Trump has told allies that he is keenly interested in cutting corporate tax rates again,” according to The Washington Post, even as corporate profits hit near record highs in 2023. The Post also reported that “Trump’s advisers…have discussed proposals to make deeper cuts to the overall corporate tax rate, potentially to … Read more

Government refuses to disclose cost of new tax measures

Government refuses to disclose cost of new tax measures

What’s at stake in the EU elections? Together with Aurélie Pugnet – political editor at Brussels-based media outlet Euractiv – journalist Tracy Heindrichs looks at some of the key issues that will matter during the European Parliament elections in June.