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New parents could get $6,000 for the first year of their child’s life and a restored child tax credit under Kamala Harris’ economic plan

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New parents could get $6,000 for the first year of their child's life and a restored child tax credit under Kamala Harris' economic plan

Economy New parents could get $6,000 for the first year of their child’s life and a restored child tax credit under Kamala Harris’ economic plan Ayelet Sheffey and Juliana Kaplan 2024-08-16T14:33:04Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send … Read more

Harris vows to build ‘opportunity economy’ and attacks Trump on tax

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Harris vows to build ‘opportunity economy’ and attacks Trump on tax

Vice-president and Democratic presidential candidate Kamala Harris unveiled her economic campaign proposal in North Carolina to build what she called an “opportunity economy” focused on the middle class.She said in Raleigh: “Your salary should be enough to provide you and your family with a good quality of life … such as, no child should have … Read more

4 Impacts a Harris Presidency Could Have on Large Corporations and Their Taxes

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4 Impacts a Harris Presidency Could Have on Large Corporations and Their Taxes

Michael Brochstein/ZUMA Press Wire / SplashNews.com / Michael Brochstein/ZUMA Press Wire / SplashNews.com Because of her late start in the 2024 presidential campaign, vice president and presumptive Democratic nominee Kamala Harris has not had much time to roll out an economic platform. She was expected to do so this week, though what she unveils might … Read more

More States Welcome Cannabis Business Tax Deductions (Podcast)

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More States Welcome Cannabis Business Tax Deductions (Podcast)

Nearly 75% of cannabis businesses operate at a loss, and many in the industry point to a feature of the Internal Revenue Code as the reason why.Listen here and subscribe to Talking Tax on Apple Podcasts, Spotify, Megaphone, or Audible.Cannabis companies are prohibited from deducting ordinary business expenses—like rent or payroll—from their federal taxes as … Read more

A Walzonomics Primer

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A Walzonomics Primer

Here’s how business executives and donors are evaluating Gov. Tim Walz of Minnesota, especially on taxes, labor unions, energy policy and more. Gov. Tim Walz of Minnesota has supported a progressive tax policy in his home state, and has won the support of prominent union officials.Erin Schaff/The New York Times Where Harris’s running mate stands … Read more

Where does JD Vance stand on taxes? Everything you need to know

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Where does JD Vance stand on taxes? Everything you need to know

Next UK government will face significant challenges

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Next UK government will face significant challenges

Analysis: Morningstar DBRS Just a day to the UK general election on 4th July and a change in government looks imminent. The Labour party has continued to lead in the voting intention polls and if polls prove right, Labour will form the next government. After 14 years of a Conservative-led government, a change to Labour … Read more

Senate Democrats plan for a ‘tax Armageddon’ in 2025

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Senate Democrats plan for a 'tax Armageddon' in 2025

Pressing Political Hot Spots for Boards

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Pressing Political Hot Spots for Boards

Tax Policy The differences in proposed tax policy between the presumptive presidential candidates, at this point, in the two main parties — President Joe Biden and former President Donald Trump — are vast, according to Garrett Watson, senior policy analyst with Tax Foundation, a nonpartisan tax policy think tank. “The differences between what (the candidates) … Read more

Golden Dawn leader Michaloliakos to return to prison

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Golden Dawn leader Michaloliakos to return to prison

Nikos Michaloliakos, former leader of Golden Dawn, will return to prison after the Court of Appeals nullified a previous ruling that had allowed his release. He was convicted of leading a criminal organization and will continue to serve his 13-year and 6-month sentence. The decision came after judges accepted the prosecutor’s recommendation, citing Michaloliakos’ continued glorification of illegal Nazi-type practices despite his conviction as a reason for his return to prison.