Tax hike speeds ahead in late-night vote on record N.J. budget

Tax hike speeds ahead in late-night vote on record N.J. budget

Facing a deadline just days away, New Jersey lawmakers Wednesday night introduced and quickly began approving a record new $56.6 billion state budget that’s backed by a new tax hike on large companies, adds some funding for property-tax relief, and includes big spending on public schools and pensions.But Democratic leaders once again faced objections from … Read more

Gov. Murphy, legislative leaders agree on 2.5% tax on corporations to fund NJ Transit

Gov. Murphy, legislative leaders agree on 2.5% tax on corporations to fund NJ Transit

NEW JERSEY (WABC) — New Jersey has a tentative agreement with the state’s most profitable companies to temporarily pay higher taxes to fund NJ Transit.Under the plan, the 600 corporations in the state that make at least $10 million a year in profits will pay a 2.5% tax on all earnings for five years.In return, … Read more

Shooting incident in Ohio results in the death of one man

Shooting incident in Ohio results in the death of one man

A shooting in Ohio resulted in the death of one man and injuries to 26 others. The incident occurred early Sunday morning near Kelly Avenue and 8th Avenue. Initial reports stated that a 27-year-old man was killed, and several injured individuals were taken to local hospitals. The police, Akron Fire Department, and local authorities have not released additional information about the incident.

Livingston Chamber Criticizes Proposed NJ Business Tax Hike

Livingston Chamber Criticizes Proposed NJ Business Tax Hike

The Livingston Chamber of Commerce opposes a proposed 2.5 percent tax hike on high-earning businesses in New Jersey, which would fund NJ Transit.

Slovak PM Fico out of danger but condition serious, deputy says

Slovak PM Fico out of danger but condition serious, deputy says

Slovak Prime Minister Robert Fico is in serious condition but no longer in immediate danger after an assassination attempt. The suspect, a 71-year-old former security guard, has been charged with attempted murder. The attack has raised concerns about the polarized state of politics in Slovakia. The government’s Ukraine policy and reforms have been cited as possible motives for the suspect’s actions. Calls for unity and toning down of rhetoric have been made across Slovakia’s political spectrum in the aftermath of the incident.

Slovak PM Fico stable but in serious condition

Slovak PM Fico stable but in serious condition

Slovak Prime Minister Robert Fico’s condition has stabilized but remains serious after an assassination attempt.

Slovakia’s PM Fico undergoes another operation

Slovakia’s PM Fico undergoes another operation

Slovakia’s Prime Minister Robert Fico underwent a two-hour operation that has increased hopes for his recovery following an assassination attempt. Deputy Prime Minister Robert Kalinak stated that a decision to transfer Fico back to Bratislava would only be made when there is further improvement in his condition. The suspect charged with attempted murder is a 71-year-old former security guard and author of poetry, but his identity has not been officially confirmed. The shooting has been condemned internationally and has highlighted a febrile and polarized political climate in Slovakia and Europe. Hungarian Prime Minister Viktor Orban, an ally of Fico, stated that even if Fico recovers fully, he may be unable to work for months during a critical time for Europe.

Corporate Tax Rate Hike Would Drive Utility Bills Even Higher – Americans for Tax Reform

Corporate Tax Rate Hike Would Drive Utility Bills Even Higher - Americans for Tax Reform

The fact described in the text is that President Biden and congressional Democrats want to raise the federal corporate income tax rate to 28% from the current Trump rate of 21%.