Trump tax plans: What could happen

Trump tax plans: What could happen

As the 2024 presidential election draws ever closer, Donald Trump is revealing key tax plans that could shape his government.In his campaign, Trump has championed himself as the leader of low taxes, saying he would decrease corporation taxes, increase tariffs on international imports and exempt some U.S. workers from current tax requirements.Now that the Republican … Read more

Where does Kamala Harris stand on key economic issues?

Where does Kamala Harris stand on key economic issues?

Parempoolsed chair: Corporate income tax a very bad message to the economy

Parempoolsed chair: Corporate income tax a very bad message to the economy

Lavly Perling, chair of the nonparliamentary Parempoolsed, is critical of the messages conveyed in the new coalition agreement and says that the corporate income tax being introduced will not be good for the economy. “Parempoolsed tend to be critical regarding this, in terms of both content and their messages, which certainly don’t provide predictability to … Read more

Business leaders are scenario planning for a Trump win

Business leaders are scenario planning for a Trump win

With Donald Trump’s political stock suddenly reaching new highs—after he survived an assassination attempt and starred in a slickly produced convention, while President Biden stays at home with Covid, all in one week—business leaders must revisit their scenarios for a Trump presidency. They should keep three factors front and center: Trump’s stance on taxes and … Read more

Is EU playing second fiddle to US, China on energy targets?

Is EU playing second fiddle to US, China on energy targets?

There’s a growing divergence between EU targets and national plans, and electrification is not happening quickly. Are voters turning their backs on the EU’s 2030 climate objectives? Year-to-date natural gas consumption is 3.1% down, to 195.6 bcm from 201.9 bcm in 2023. Milder weather has reduced household consumption. In general, the trend is downwards. Europe … Read more

Trump says he’ll end the “inflation nightmare.” Economists say Trumponomics could drive up prices.

Trump says he'll end the "inflation nightmare." Economists say Trumponomics could drive up prices.

Former President Donald Trump is campaigning on a pledge to end the “inflation nightmare,” vowing that if he wins a second term, he’ll bring down prices “very quickly.” And if that scenario came to pass, it would be cheered by the millions of Americans who say higher costs remain a major problem.There’s only one problem: … Read more

Economist warns Americans over Biden’s potential tax hikes: ‘Scary’

Economist warns Americans over Biden’s potential tax hikes: 'Scary'

Cyprus real estate on steady path , – what’s lies ahead?

Cyprus real estate on steady path , – what’s lies ahead?

In the near future, the Cyprus property market is expected to continue on its dynamic path, however, it will not be a bed of roses, and strategic planning will be crucial to navigate changes and challenges ahead. In the next couple of years, we should expect to experience moderate growth as high interest rates stabilise … Read more

Silver nosedives to $29 as China offers sluggish fiscal boost

Silver nosedives to $29 as China offers sluggish fiscal boost

Silver plummeted to near $29.00 in Friday’s American trading. The white metal faces an intense sell-off as the outcome of China’s third plenum meeting had less stimulus measures to address economic challenges and was more focusing more on “high-quality development”. The world’s second-largest economy struggles to maintain the economic growth momentum due to poor demand … Read more

Decrease in Arkansas Income and Corporate Taxes Allow for State’s Further Economic Growth

Decrease in Arkansas Income and Corporate Taxes Allow for State's Further Economic Growth

LITTLE ROCK (KATV) — The most recent reduction in tax was in the General Assembly’s Special Session in June of this year. The top corporate tax was reduced from 4.8% to 4.3%, as well as the individual income tax rate being reduced from 4.9% to 3.9%.The Arkansas General Assembly and Governor Sanders have passed three … Read more