politics

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

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'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

Tax defaults in India skyrocket by 1000% over last 10 years, litigations double: Report

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Tax defaults in India skyrocket by 1000% over last 10 years, litigations double: Report

ByHT News Desk Aug 04, 2024 07:56 PM IST Share Via Copy Link Corporate taxes formed a large bulk of the defaults, adding up to ₹3.97 lakh crore and capital gains tax and transfer pricing defaults was ₹4.81 lakh crore. Tax defaults in India have skyrocketed by 1000% in the last ten years and litigation … Read more

Bipartisan Tax Bill with Child Tax Credit and Business Provisions Fails in Senate

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Bipartisan Tax Bill with Child Tax Credit and Business Provisions Fails in Senate

Caitlin ReillyCQ-Roll Call(TNS) WASHINGTON — The Senate fell short as expected Thursday of the 60 votes needed to start debate on a $79 billion tax bill that would deliver financial relief to businesses and low-income families, amid opposition from most Republicans and some on the majority side of the aisle as well. Though the procedural … Read more

Family Tax Breaks: Will Kamala Harris Expand the Child Tax Credit?

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Family Tax Breaks: Will Kamala Harris Expand the Child Tax Credit?

Since Vice President Kamala Harris became the presumptive Democratic nominee for the 2024 presidential election, there is interest in how her potential administration might handle tax policy — particularly aspects impacting families and children.  One area receiving attention is the child tax credit (CTC), an important financial benefit for many families. For the 2024 tax … Read more

Shapiro backs ‘aggressive’ corporate tax cuts in Pennsylvania as Harris campaign vets him for VP

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Shapiro backs 'aggressive' corporate tax cuts in Pennsylvania as Harris campaign vets him for VP

Pennsylvania Gov. Josh Shapiro speaks during a campaign rally for Vice President Kamala Harris in Ambler, Pennsylvania, on July 29, 2024.Hannah Beier | Getty ImagesPennsylvania Gov. Josh Shapiro defended his support for “aggressive” corporate tax cuts, a position that could rankle some of his fellow Democrats but which has won him support from the state’s … Read more

Traders await Eurozone consumer confidence

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Traders await Eurozone consumer confidence

The Euro-dollar EURUSD currency pair is retracing recent gains, trading around 1.0870 on Tuesday, with markets awaiting the release of the leading consumer confidence data by the European Commission later in the day. Traders expect the data to indicate an economic downturn with an expected reading of -13.2 for July, in comparison with the previous … Read more

How middle class pays more taxes than corporates, and gets ignored too

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How middle class pays more taxes than corporates, and gets ignored too

Read Full Budget 2024 CoverageThe middle class, the tax-paying population of India, stares at the face of the government every time the Budget day approaches. It is that neglected segment that pays both income tax for earnings, and GST for spending. It is this 2% of the entire population of India that is contributing massively … Read more

Where does JD Vance stand on taxes? Everything you need to know

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Where does JD Vance stand on taxes? Everything you need to know

Trump, ’s choice of pro-crypto JD Vance is a ‘stroke of genius’

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Trump, ’s choice of pro-crypto JD Vance is a ‘stroke of genius’

Donald Trump’s choice of Senator JD Vance as his running mate for the 2024 presidential election has been branded as a “masterstroke” by the CEO of a leading independent financial advisory and fintech for his pro-cryptocurrency approach. Trump selected the Ohio senator, ending months of speculation about the Republican nominee’s choice to help him challenge … Read more

Puerto Rican Competitiveness and Pillar Two

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Puerto Rican Competitiveness and Pillar Two

Puerto Rico Tax Competitiveness and Pillar Two Skip to content profit shiftingProfit shifting is when multinational companies reduce their tax burden by moving the location of their profits from high-tax countries to low-tax jurisdictions and tax havens. . Pillar Two, the global minimum taxA tax is a mandatory payment or charge collected by local, state, … Read more