Opinion Is Kamalanomics a winning strategy?

You’re reading the Prompt 2024 newsletter. Sign up to get it in your inbox. Vice President Kamala Harris is out with her economic plan “to bring down costs for American families.” There’s already a lot of buzz about her proposals to go after corporate “price gouging,” cut taxes for families with kids and offer $25,000 … Read more

Cyprus supports US-Egypt-Qatar effort to diffuse Gaza crisis

Cyprus supports US-Egypt-Qatar effort to diffuse Gaza crisis

Cyprus fully supports the joint effort by the United States, Egypt and Qatar to get both sides of the war in Gaza to meet next week and resume talks on a ceasefire and release of hostages. President Nikos Christodoulides stated on Friday that he, “fully endorses (the statement by) Presidents Joe Biden, Abdel Fattah el-Sisi … Read more

Shapiro’s Call for Corporate Tax Cuts Contrasts With Democratic Goals

Shapiro’s Call for Corporate Tax Cuts Contrasts With Democratic Goals

The presidential race is unpredictable, but the legislative conversation in 2025 for the eventual winner is actually already determined. Nearly all of the Trump tax cuts affecting individual filers expire at the end of that year, as well as enhanced subsidies for Affordable Care Act exchanges. As I was told back in April, the near-term … Read more

Estonia has a way Canada can implement better taxation policies to improve the economy and productivity

Estonia has a way Canada can implement better taxation policies to improve the economy and productivity

Breadcrumb Trail Links Personal Finance Taxes Kim Moody: A corporation in Estonia pays zero corporate tax unless and until profits are distributed to its shareholdersPublished Jul 30, 2024  •  Last updated 9 hours ago  •  4 minute read Prime Minister Justin Trudeau looks on as Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks at … Read more

GOP Tax Team Lead Talks Corporate Tax Rate, Priorities (Podcast)

GOP Tax Team Lead Talks Corporate Tax Rate, Priorities (Podcast)

The corporate tax rate is coming up in nearly “every conversation” House Ways and Means Committee Rep. Carol Miller (R-W.Va.) has been at recently. Listen here and subscribe to Talking Tax on Apple Podcasts, Spotify, Megaphone, or Audible.Miller is leading one of the 10 House Ways and Means GOP tax teams, created to collect information … Read more

GeTtin’ SALTy Episode 32 | A Conversation with the Tax Foundation about Oregon Initiative Petition 17 [Podcast]

GeTtin' SALTy Episode 32 | A Conversation with the Tax Foundation about Oregon Initiative Petition 17 [Podcast]

In this episode of GeTin’ SALTy, host Nikki Dobay is once again joined by Jared Walczak, vice president of state projects at the Tax Foundation, for a discussion of an Oregon ballot measure (IP17) that is on the verge of qualifying for the November election. If passed by voters, IP17 would amend Oregon’s Corporate Minimum tax by … Read more

As the Gulf changes, so will its conversation about income tax | The National

As the Gulf changes, so will its conversation about income tax | The National

Oman’s Shura Council has forwarded a draft law on personal income tax to the State Council, a move that suggests the idea is gaining momentum in the sultanate. BloombergOman’s Shura Council has forwarded a draft law on personal income tax to the State Council, a move that suggests the idea is gaining momentum in the … Read more

Trump is keen to lower corporate taxes. Not all his GOP colleagues are on board.

Trump is keen to lower corporate taxes. Not all his GOP colleagues are on board.

Republicans are united around Donald Trump as their nominee, but where they are still divided is what to do about the 21% federal corporate tax rate if they control Washington next year.Some are pushing for a corporate rate as low as 15%. Others have signaled a willingness to accept an increase up to 25%. Donald … Read more

Europe, US markets point higher; Bitcoin momentum improves

Europe, US markets point higher; Bitcoin momentum improves

By Naeem Aslam     European and US stock futures are trading higher on the first trading day of the second half of the year, with another reason for traders to feel a little more confident Monday being the news of the first round of the French snap parliamentary election. France is the second-largest economy in … Read more

Feds should make capital gains tax exemption permanent for employee ownership trusts: report | Benefits Canada.com

Feds should make capital gains tax exemption permanent for employee ownership trusts: report | Benefits Canada.com

Canadian employees stand to greatly benefit from making EOTs widely available, says Simon Pek, an associate professor of business and society at the University of Victoria’s Gustavson School of Business, and a co-author of the report.Read: Feds’ new tax exemption could drive more employers to leverage employee ownership trusts: expertAmong the policies raised in the report, … Read more