The incidence and distributional effects of changes to the corporate income tax—like those in the 2017 Tax Cuts and Jobs Act—are one of the most hotly contested issues in economic policy. The debate often follows a familiar script: Republicans claim that rank-and-file workers benefit while Democrats argue that affluent shareholders reap the gains. In a new paper, … Read more
Economy Montana’s housing crisis is a warning for older homeowners across the country Eliza Relman 2024-07-10T09:56:03Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn … Read more
There is a lot of discussion about what is more beneficial to the taxpayer – to build or rent government offices or even buy ready office buildings from the open market. Some uninformed reports blow up the rental payment issue out of all proportion in the sense that the government is spending €26 mln a … Read more
The first 2024 presidential debate on Thursday saw President Joe Biden and former President Donald Trump go head-to-head in Atlanta, Georgia, moderated by CNN.The two candidates sparred on everything from taxes to the national debt, highlighting crucial economic issues that are top of mind for entrepreneurs. Fox Business reported that U.S. stock futures were higher … Read more
Tax policy, inflation, the economy and markets will be some key issues for corporate America and Wall Street in tonight’s showdown between President Biden and Donald Trump. Economy, inflation and the fitness of both President Biden and Donald Trump will be in focus during tonight’s presidential debate.Jim Wilson/The New York Times Talking points All eyes … Read more
Sen. Bernie Sanders, I-Vermont, and Ed Markey, D-Massachusetts, are introducing legislation in the Senate to impose a 95% windfall tax on the excess profits of large corporations that are overcharging for the products they sell.The Ending Corporate Greed Act would have raised an estimated $300 billion in 2023 from 10 of the largest corporations alone. … Read more
EU VAT in the Digital Age (ViDA) Proposal | Tax Foundation Europe Skip to content Home • Blog • The European Union’s ViDA Proposal: Ignoring Principles Does Not Make Tax Policy Fairer discuss the EU’s VAT in the digital age (ViDA) proposal once again after Estonia’s veto on 14 May. The updated ViDA proposal, published … Read more
Rep. Jamaal Bowman and Sen. Bernie Sanders on Friday led a group of progressive lawmakers in announcing legislation that would penalize large corporations with a 95% windfall profits tax for using elevated inflation as a pretext to hike prices and pad their bottom lines. The Ending Corporate Greed Act would “establish a 95% windfall profits … Read more
The Oregon Capitol in Salem. (AP Photo/Jenny Kane, File) PORTLAND, Ore. – Oregon voters will likely decide in November whether to establish a historic universal basic income program that would give every state resident roughly $750 annually from increased corporate taxes.Proponents of the concept say they likely have enough signatures to place it on the ballot … Read more
