The Faux Populism of Conservatives for Higher Corporate Tax

The Faux Populism of Conservatives for Higher Corporate Tax

The Corner Economy & Business Senator Josh Hawley (R., Mo.), left, and Oren Cass, right (Leah Millis/Reuters, National Conservatism/Screengrab via YouTube) applauded it. The economics of these two isn’t too good, but their populist signaling is strong. See, they want more taxes on corporations, proving that they are concerned about fairness (labor shouldn’t be taxed … Read more

Income Taxes 2025: A Look at How This Year’s Election Could Affect Your Refund Amount Next Year

Income Taxes 2025: A Look at How This Year’s Election Could Affect Your Refund Amount Next Year

Vance CariagaJuly 9, 2024 at 7:19 PM Ridofranz / Getty Images/iStockphoto Federal income tax refunds have been remarkably consistent over the past decade or so, with average refunds tending to hover between about $2,750 and $2,900 from January through April each year. Given that track record, it’s unlikely that average refunds will fluctuate much no … Read more

Tennessee’s largest companies secure sales tax exemptions for everything from jet fuel to water • Tennessee Lookout

Tennessee's largest companies secure sales tax exemptions for everything from jet fuel to water • Tennessee Lookout

Tyson chicken barns in West Tennessee on April 21, 2021. (Photo: John Partipilo) They’re scattered across the rural Tennessee landscape: blue-sided barns stretching the length of five U.S. football fields, clustered together in groups numbering as few as three to as many as 20. Each of Tennessee’s nearly 2,200 industrial chicken barns produce about 200,000 … Read more

Dallas tax firm Ryan acquires Altus Group’s property tax business in $500 million deal

Dallas tax firm Ryan acquires Altus Group’s property tax business in $500 million deal

Ryan — a Dallas-based company that describes itself as the largest business-specific tax services and software firm in the world — announced Tuesday that it is acquiring the property tax wing of Canadian commercial real estate services and software company Altus Group Limited.The deal is worth $700 million in Canadian currency ($500 million in the … Read more

Project 2025 Tax Overhaul Blueprint: What You Need to Know

Project 2025 Tax Overhaul Blueprint: What You Need to Know

If you’ve been on social media or tuned into the news lately, you may have heard about Project 2025, a controversial policy blueprint developed by the Heritage Foundation. A 900-page mandate from the conservative think tank is getting attention for its eyebrow-raising proposals. The legal organization, Democracy Forward has described Project 2025 as “among the most … Read more

MSP, loan waiver and crop insurance, crucial issues for farmers

MSP, loan waiver and crop insurance, crucial issues for farmers

The Bharatiya Janata Party-led National Democratic Alliance faced huge setbacks in the Lok Sabha elections in the agrarian belts of the country. The BJP lost in at least 38 seats in five States where the farmers’ movement against the policies of the Narendra Modi government was strong. This government is a continuation of the first … Read more

Your Guide To Tax Policy In Project 2025

Your Guide To Tax Policy In Project 2025

The title page reads, “Mandate for Leadership, the Conservative Promise — Project 2025, Presidential Transition Project.” What follows are 920 pages of sweeping changes for the “next conservative president” to put into effect or, if not sufficiently empowered, to recommend to Congress. From abortion to veterans affairs, the anthology of 30 chapters, each by a … Read more

Your Union Budget 2024 cheatsheet: Direct, indirect taxes and what you must look for

Your Union Budget 2024 cheatsheet: Direct, indirect taxes and what you must look for

ByHT News Desk | Edited by Abhyjith K. Ashokan Jul 09, 2024 03:12 PM IST Share Via Copy Link The Union Budget 2024 sees a lot of expectations for both direct and indirect tax rate cuts to boost consumption in the economy. What are direct taxes? Direct taxes are taxes that are levied by the … Read more

Corporate income tax: Proposed 1% reduction would cost state €38 million

Corporate income tax: Proposed 1% reduction would cost state €38 million

The government plans to reduce corporate income tax by 1% next year, as announced by Minister of Finance Gilles Roth in his March budget speech, aligning with the CSV-DP coalition agreement. Despite positive state finance developments in the first half of the year, opposition parties are critical of this proposal.The Christian Social People’s Party (CSV) … Read more

Corporate tax cut set to cost state €38 million in lost income

Corporate tax cut set to cost state €38 million in lost income

A planned 1% cut in the corporation tax rate from next year is expected to cost the state around €38 million annually, Finance Minister Gilles Roth said on Tuesday.Under the plan, the corporate tax rate will be reduced from 17% at present to 16% from 1 January next year, bringing it in line with the … Read more