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

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

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

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

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

STT, PIT spikes lift net direct tax receipts 22.5%

STT, PIT spikes lift net direct tax receipts 22.5%

India’s net direct tax collections’ growth accelerated to 22.5% by August 11, from a 19.54% recorded a month ago, led by a 30% spike in Personal Income Tax (PIT) revenues and a 111% surge in Securities Transaction Tax (STT) receipts, even as corporate tax inflows grew a mere 5.9% from last year.Data from the Central … Read more

Tax Complexity Now Costs the U.S. Economy Over $546 Billion Annually

Tax Complexity Now Costs the U.S. Economy Over $546 Billion Annually

IRS Tax Compliance Costs the US Economy $546B Annually 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. code imposes many costs on the US economy. The most direct costs, of … Read more

Could A Bigger Tax Credit Boost Employer-Provided Child Care?

Could A Bigger Tax Credit Boost Employer-Provided Child Care?

My spouse and I were lucky as parents. In 2005, I brought our infant daughter to work right after maternity leave, and she was my officemate until she could crawl into the hallway. A colleague did the same with her son the following year. Our employer, a small company with fewer than 25 employees, was … Read more

Gov. Tim Walz Raised Taxes as Most Governors Cut Them

Gov. Tim Walz Raised Taxes as Most Governors Cut Them

Tim Walz Tax Policies: Details & Analysis Skip to content Home • Blog • Gov. Tim Walz Raised Taxes as Most Governors Cut Them Most states have cut taxes at least once since 2021, with a renewed emphasis on taxA tax is a mandatory payment or charge collected by local, state, and national governments from … Read more

‘Walz checks,’ free school lunches, and ditching fossil fuels: What Tim Walz’s record in Minnesota says about his economic goals

'Walz checks,' free school lunches, and ditching fossil fuels: What Tim Walz's record in Minnesota says about his economic goals

Politics ‘Walz checks,’ free school lunches, and ditching fossil fuels: What Tim Walz’s record in Minnesota says about his economic goals Noah Sheidlower 2024-08-06T16:06:24Z 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 … Read more

Senate Tax Impasse Makes 2025 More Consequential

Senate Tax Impasse Makes 2025 More Consequential

Senate Republicans block vote on child tax credit expansion and business tax deductions. As expected, Senate Republicans blocked legislation Thursday that would have cut taxes for working families and extended some corporate tax breaks. The vote was 48-44, falling well short of the 60 votes needed for cloture. The House had overwhelmingly approved the $79 billion bill in … 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