Sectors to gain as Trump victory odds rise

Sectors to gain as Trump victory odds rise

With market analysts increasingly pricing in the likelihood of a Donald Trump victory in the US presidential election in November, investors are eyeing three specific sectors expected to benefit from his administration’s policies. “A potential return to the White House brings with it expectations of a hawkish trade policy, less regulation, looser climate change regulations, … Read more

Markets today: U.S. curve steepens as traders bet on Trump return

Markets today: U.S. curve steepens as traders bet on Trump return

BNN Bloomberg’s Paul Bagnell looks at how North American markets are shaping up for the trading day. (Bloomberg) — U.S. stock futures rose and longer-maturity bonds retreated as investors ratcheted up wagers that Donald Trump would win the presidential election after an assassination attempt.The U.S. 30-year yield rose above the two-year for the first time … Read more

Russia increases income taxes for the wealthy to help fund Ukraine offensive

Russia increases income taxes for the wealthy to help fund Ukraine offensive

Russian President Vladimir Putin on Friday signed a bill that raises income taxes for the rich, part of efforts to help fill government coffers depleted by the war in Ukraine. The tax hikes were being presented domestically as “systemic reforms”.  Issued on: 12/07/2024 – 18:12 2 min Advertising Read more Russian President Vladimir Putin on … Read more

Tax Breaks: Sales Taxes Take A Holiday In Some States

Tax Breaks: Sales Taxes Take A Holiday In Some States

here. Despite the fact that the thermometer still reads summer, fall is creeping closer. According to the National Retail Federation, one in five (22%) back-to-school shoppers have already started gearing up for the 2024-25 school year (you can count me as one of them). However, with above-average prices in stores and online, those shoppers are … Read more

Middle class bearing more weight of heavy taxation than corporates: Jairam Ramesh attacks Centre

Middle class bearing more weight of heavy taxation than corporates: Jairam Ramesh attacks Centre

Congress leader Jairam Ramesh targeted the Bharatiya Janata Party-led Centre on Sunday, over the recent tax collection data, and said that individuals are paying more tax than companies, and the middle class is bearing the weight of heavy taxation while Rs 2 lakh crore has been put in “pockets of billionaires” due to slashing of … Read more

Congress’ Jairam Ramesh targets Modi govt, says ‘Corporate tax cut gave Rs 2 lakh crore to billionaires’

Congress' Jairam Ramesh targets Modi govt, says 'Corporate tax cut gave Rs 2 lakh crore to billionaires'

The Congress party on Sunday said that personal income tax collections have far surpassed corporate tax collections. They have vehemently accused the government of allowing billionaires to benefit from over Rs 2 lakh crore in tax cuts, while the middle class continues to endure high taxation.This criticism came a day after data from the Central … Read more

Corporate tax cut enriched billionaires by Rs 2 lakh crore; middle-class hit by heavy taxes: Congress

Corporate tax cut enriched billionaires by Rs 2 lakh crore; middle-class hit by heavy taxes: Congress

NEW DELHI: With the personal income tax collections exceeding the corporate tax collections, the Congress alleged on Sunday that the corporate tax cut has put over Rs 2 lakh crore in the “pockets of billionaires,” while the middle class continues to bear the weight of heavy taxation.The opposition party’s attack on the government came a … Read more

Here’s What a Trump Win in November Would Mean for the Tax Burden on Corporations

Here’s What a Trump Win in November Would Mean for the Tax Burden on Corporations

July 9, 2024 at 9:00 PM Aces/SplashNews.com / Aces/SplashNews.com The 2024 presidential election is top of mind and, if you are a shareholder in a company, you might be paying more attention to Donald Trump’s campaign in the upcoming months. Not only will you cast your vote for the next president of the United States … Read more

Oregon Cannabis Unions, Higher Corporate Taxes on November Ballots? – The Corvallis Advocate

Oregon Cannabis Unions, Higher Corporate Taxes on November Ballots? - The Corvallis Advocate

Just two of the more than 50 new laws proposed by Oregonians through the ballot initiative process stand a chance at appearing before voters in November. Friday was the deadline for groups to submit the more than 100,000 petition signatures needed to give voters a chance to approve or reject ballot measures. Only two measures … Read more

The Latest on the Global Tax Agreement

The Latest on the Global Tax Agreement

Global Tax Agreement: Details & Analysis | EU Global Minimum Tax Skip to content Home • Blog • The Latest on the Global Tax Agreement See Full Timeline In recent years, countries have debated significant changes to international tax rules affecting multinational companies. In October 2021, after negotiations at the Organisation for Economic Co-Operation and … Read more