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

Our Tax Code Rewards Corporate Price Gouging

Our Tax Code Rewards Corporate Price Gouging

Photograph Source: NY Senate Photo Next year, we’ll have to make one of the most important decisions about the future of our economy. Will we hand more power and wealth to big corporations and the rich — or invest in a healthy and resilient economy that works for all of us? In 2017, Republican lawmakers … 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

Corporations Have Already Paid Massive Taxes. Bring the Rate to Zero

Corporations Have Already Paid Massive Taxes. Bring the Rate to Zero

It cannot be stressed enough that the corporation as a taxpaying entity is a fiction. And the previous assertion should in no way be construed as a suggestion that corporations pay no taxes. Quite the opposite. At the same time, this write-up’s opening line is just a comment that shareholders pay all corporate taxes, which … Read more

EPIC consumption tax Nebraska petition falls short, will have to find another way • Nebraska Examiner

EPIC consumption tax Nebraska petition falls short, will have to find another way • Nebraska Examiner

LINCOLN — The longshot petition to let voters replace property, income and corporate taxes with a consumption tax fell short of a bulk signature-gathering hurdle that often stops ballot initiatives short that lack paid circulators. That higher hurdle is securing signatures from 10% of the state’s registered voters to amend the state constitution, or about … Read more

End Excessive Double Taxation, and Bring the Corporate Tax To Zero

End Excessive Double Taxation, and Bring the Corporate Tax To Zero

It cannot be stressed enough that the corporation as a taxpaying entity is a fiction. And the previous assertion should in no way be construed as a suggestion that corporations pay no taxes. Quite the opposite. At the same time, this write-up’s opening line is just a comment that shareholders pay all corporate taxes, which … Read more

State Tax Changes Taking Effect July 1, 2024

State Tax Changes Taking Effect July 1, 2024

State Tax Changes Taking Effect July 1, 2024 Skip to content taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. changes take effect on January 1, the beginning of the calendar year, for consistency … Read more

The Other Huge Difference Between Jamaal Bowman and George Latimer

The Other Huge Difference Between Jamaal Bowman and George Latimer

Politics / June 25, 2024 Yes, they disagree on Gaza. But the Democratic primary rivals are also far apart when it comes to taxing billionaires and multinational corporations. Ad Policy Jamaal Bowman and George Latimer during a debate on May 13, 2024.(News12) Media coverage of Tuesday’s Democratic primary battle between US Rep. Jamaal Bowman—the progressive … Read more

Lawmakers propose windfall profits tax on companies inflating prices

Lawmakers propose windfall profits tax on companies inflating prices

Sen. Bernie Sanders, I-Vermont, and Ed Markey, D-Massachusetts, are introducing legislation in the Senate to impose a 95% windfall tax on the excess profits of large corporations that are overcharging for the products they sell.The Ending Corporate Greed Act would have raised an estimated $300 billion in 2023 from 10 of the largest corporations alone. … Read more

Increased traffic is expected in the afternoon due to the return of holidaymakers

Increased traffic is expected in the afternoon due to the return of holidaymakers

The traffic is running smoothly on the main roads according to the Police. As reported to CNA by the Press Office of the Police Headquarters, increased traffic to urban centers is expected to occur in the afternoon hours of Monday during the return of tourists. The police are appealing to drivers to be particularly careful … Read more