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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

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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

How a Washington Tax Break for Data Centers Snowballed Into One of the State’s Biggest Corporate Giveaways

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How a Washington Tax Break for Data Centers Snowballed Into One of the State’s Biggest Corporate Giveaways

This article was produced for ProPublica’s Local Reporting Network in partnership with The Seattle Times. Sign up for Dispatches to get stories like this one as soon as they are published. Reporting Highlights Job Promises: Washington lawmakers approved a tax break for data centers to create more jobs in rural Washington, but they can’t say … Read more

A Harris Economy Could Prove More Progressive Than ‘Bidenomics’

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A Harris Economy Could Prove More Progressive Than ‘Bidenomics’

At the first Democratic presidential debate in 2019, Kamala Harris, then a senator from California, unleashed a scathing critique of the Trump economy.The future vice president billed President Donald J. Trump’s tax cuts as a giveaway to the rich, argued that the booming stock market was leaving the middle class behind and warned that his … Read more

Where does Kamala Harris stand on key economic issues?

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Where does Kamala Harris stand on key economic issues?

Trump 2.0: Trump promises to cut corporate tax rate to 15% if elected as US President

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Trump 2.0: Trump promises to cut corporate tax rate to 15% if elected as US President

Donald Trump reduced the corporate tax rate from 28% to 21% during his previous presidency and intends to further reduce it to 15% if elected again this year. Now, Trump proposes lowering the corporate tax rate to 15%, potentially cutting the US corporate tax rate by nearly half.In a wide-ranging interview on business and the … Read more

The end of this tax break could be ‘very disruptive’ to business owners, expert says — what to know

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The end of this tax break could be ‘very disruptive' to business owners, expert says — what to know

Enacted via the Tax Cuts and Jobs Act of 2017, the qualified business income deduction, or QBI, is worth up to 20% of eligible revenue, subject to limitations. That tax break is scheduled to expire after 2025 without changes from Congress, which could affect millions of filers. “It’s something that is very important to a … Read more

The end of this tax break could be ‘very disruptive’ to business owners, expert says — what to know

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The end of this tax break could be 'very disruptive' to business owners, expert says — what to know

The Good Brigade | Digitalvision | Getty ImagesTax breaks worth trillions of dollars are scheduled to expire after 2025 without extension from Congress — including a hefty deduction for millions of self-employed filers and business owners.  Enacted by former President Donald Trump, the Tax Cuts and Jobs Act of 2017 created the qualified business income deduction, … Read more

Tax Breaks: Sales Taxes Take A Holiday In Some States

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Tax Breaks: Sales Taxes Take A Holiday In Some States

here. Despite the fact that the thermometer still reads summer, fall is creeping closer. According to the National Retail Federation, one in five (22%) back-to-school shoppers have already started gearing up for the 2024-25 school year (you can count me as one of them). However, with above-average prices in stores and online, those shoppers are … Read more

Kenya Bond Tax Seen as New Hurdle for Tiny Corporate Debt Market

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Kenya Bond Tax Seen as New Hurdle for Tiny Corporate Debt Market

Bloomberg | Jun 26, 2024 04:09 PM IST Share Via Copy Link Already haunted by a history of company collapses, Kenya’s moribund corporate bond market risks a fresh setback from authorities plans for a withholding tax on green bonds. Already haunted by a history of company collapses, Kenya’s moribund corporate bond market risks a fresh … Read more

Why Israel must be supported

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Why Israel must be supported

On the morning of October 7, 2023, I found myself reading the Economist when suddenly a message appeared on my phone. The Hamas terror attack in Israel was all over the news and I could hardly believe how such massive and despicable crime could have happened in our times, especially given Israel’s superior army, intelligence … Read more