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

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

Dollar declines on firm Fed rate cut in September

Dollar declines on firm Fed rate cut in September

The EURUSD pair rebound to near the psychological resistance of 1.1000 in Friday’s New York session. The major currency pair bounced back as the US Dollar declined with investors gaining confidence that the Federal Reserve will start reducing interest rates from the September meeting. The DXY Dollar Index, which tracks the greenback’s value against six … 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

Corporate Tax Increases: How Business Owners Can Respond

Corporate Tax Increases: How Business Owners Can Respond

This is a guest column from Matt Silasiri, the Marketing & Business Development Manager at Sunbelt Business Advisors.President Biden bowed out of the 2024 Presidential race. But the clock is still ticking on the Trump-era tax cuts. And President Biden’s proposed budget, including substantial tax increases, is still in play.Business owners who are considering a business exit in the … Read more

Kamala Harris Is More In Sync With Tim Walz On Taxes Than Josh Shapiro

Kamala Harris Is More In Sync With Tim Walz On Taxes Than Josh Shapiro

In selecting Governor Tim Walz (D-Minn.) to be her vice presidential nominee this November, Kamala Harris chose a running mate whose record on tax policy is more in line with her own than that of the other reported finalist, Governor Josh Shapiro (D-Penn.). Governor Walz, like Vice President Harris, has a well documented history of … 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

Kamala Harris Favored Taxes To Raise Revenue and Change Policy

Kamala Harris Favored Taxes To Raise Revenue and Change Policy

This blog post was updated on August 2, 2024, to clarify that the Inflation Reduction Act was adopted in 2022. It is too soon to know the details of presumptive Democratic presidential nominee Kamala Harris’s 2024 tax agenda. But her record as a US senator and her short-lived 2020 presidential candidacy shows that she has … Read more

Luxembourg introduces tax relief package for corporates and individuals | JD Supra

Luxembourg introduces tax relief package for corporates and individuals | JD Supra

ON THIS PAGE 1. Corporate Income Tax (CIT) reduction 2. ETF UCITS 3. Complete overhaul of the tax regime for highly skilled and qualified impatriate workers 4. Profit-participating bonus (prime participative) 5. A new Young Employee Bonus 6. Personal income tax reductions 7. Family wealth management company (SPF or Société de gestion de Patrimoine Familial)Contact … Read more

Trump’s idea to lower corporate tax rate draws more Republican skepticism | Semafor

Trump’s idea to lower corporate tax rate draws more Republican skepticism | Semafor

Tillis’ comments are the latest sign that, if elected, Trump could face obstacles in pushing through another corporate rate cut, one of the signature economic achievements of his first term.Most of the Republican senators approached by Semafor didn’t want to endorse lowering that rate to 15%, given the scale of the task before them next … Read more