corporations

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

by
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

by
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

by
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

The Tax Cut and Jobs Act is set to expire next year. What that means for Coloradans.

by
The Tax Cut and Jobs Act is set to expire next year. What that means for Coloradans.

How the Tax Cut and Jobs Act expiration will impact Coloradans How the Tax Cut and Jobs Act expiration will impact Coloradans 02:11 Campaign season is in full swing, and as American voters elect a new president in November, there are inevitable changes coming to our taxes.Robert Persichitte, CFP, PFA, affiliate professor for MSU Denver … Read more

Oregon residents will vote in November on a $1,600 annual universal basic income

by
Oregon residents will vote in November on a $1,600 annual universal basic income

Economy Oregon residents will vote in November on a $1,600 annual universal basic income Katie Balevic 2024-08-16T15:29:34Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter icon A stylized bird with an open mouth, tweeting. Twitter … Read more

Presidential Election 2024: What Trump vs. Harris Could Mean for Federal Business Taxes

by
Presidential Election 2024: What Trump vs. Harris Could Mean for Federal Business Taxes

The outcome of the upcoming presidential election may significantly affect the changes in federal income taxes on businesses that will be made during the next presidential term of office. The next president’s success in passing specific legislation will depend enormously on the makeup of the next Congress. On November 5, 2024, in addition to the … Read more

Oregon legislative Democrats join governor, Republicans in opposing rebate ballot measure • Oregon Capital Chronicle

by
Oregon legislative Democrats join governor, Republicans in opposing rebate ballot measure • Oregon Capital Chronicle

Democratic leaders in the Oregon House and Senate have come out swinging against a November ballot measure that would hike taxes on corporations to send checks to every Oregonian.  Top Democrats in the House and Senate joined their Republican colleagues and Gov. Tina Kotek in opposing Measure 118, also referred to as the Oregon Rebate. … Read more

Ballot measure to tax corporations and pay Oregonians $1,600 a year draws bipartisan opposition

by
Ballot measure to tax corporations and pay Oregonians $1,600 a year draws bipartisan opposition

Oregon’s top Democratic leaders Tuesday announced their opposition to Measure 118, which would raise corporate taxes to give every Oregonian an estimated $1,600 rebate per year if passed in November.In a joint statement, the four powerful lawmakers said the proposed measure to create the state’s first universal basic income program would hurt companies of all … Read more

Addressing Business Tax “Parity” Through Integration

by
Addressing Business Tax “Parity” Through Integration

Abstract The Tax Cuts and Jobs Act introduced a 20 percent deduction for qualified business income to maintain rough “parity” between pass-through businesses and C corporations. However, the deduction fails to ensure parity and exacerbates existing distortions. Given the deduction’s impending expiration, lawmakers have an opportunity to consider alternatives—one of which is corporate integration, a … Read more

Stark County businessman: Congress must save this tax cut for my small business

by
Stark County businessman: Congress must save this tax cut for my small business

Tim Maloney  |  Special to the Canton RepositoryThese are bad times for small businesses.We’re getting hit from every angle — inflation, over-regulation, worker shortages, you name it. But the situation could soon get even worse.Congress and the White House may let one of the most important small business tax cuts in American history expire, hitting … Read more