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

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

Power Hungry: Was one of WA’s biggest corporate tax breaks worth the cost?

Power Hungry: Was one of WA’s biggest corporate tax breaks worth the cost?

POWER HUNGRY | Second in a Seattle Times and ProPublica series about the impact of data centers in Washington. This article was produced for ProPublica’s Local Reporting Network in partnership with The Seattle Times. Times Watchdog stories dig deep to hold power accountable, right wrongs and create change. This work is made possible by The … Read more

How Did Moore v. United States Change U.S. Tax Law? | JD Supra

How Did Moore v. United States Change U.S. Tax Law? | JD Supra

We have been waiting several months for the Supreme Court of the United States (SCOTUS) to render a decision in Moore v. United States. Initially, our questions focused on the issue of “realized or unrealized income” and whether income could be taxed before it is “realized.” The Court avoided this issue almost entirely. So, how … Read more

Where does Kamala Harris stand on key economic issues?

Where does Kamala Harris stand on key economic issues?

Is EU playing second fiddle to US, China on energy targets?

Is EU playing second fiddle to US, China on energy targets?

There’s a growing divergence between EU targets and national plans, and electrification is not happening quickly. Are voters turning their backs on the EU’s 2030 climate objectives? Year-to-date natural gas consumption is 3.1% down, to 195.6 bcm from 201.9 bcm in 2023. Milder weather has reduced household consumption. In general, the trend is downwards. Europe … Read more

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

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

Tax Breaks: Sales Taxes Take A Holiday In Some States

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

LI Business Owners Sentenced After Tax Evasion Scheme Busts: DA

LI Business Owners Sentenced After Tax Evasion Scheme Busts: DA

EAST ISLIP, — Two Long Island business owners were sentenced in late June after pleading guilty to grand larceny for stealing tax money from New York State, Suffolk County District Attorney Raymond A. Tierney said. Brian Soltan, 62, of West Islip, owner of several East Islip auto body businesses, and Gerald McCrystal, 51, of Dix … Read more

Long Island business owners sentenced in $1M tax fraud | Long Island Business News

Long Island business owners sentenced in $1M tax fraud | Long Island Business News

Listen to this article Two owners of businesses on Long Island were sentenced last week for stealing more than $1 million in sales tax money from New York State, according to a statement from the Suffolk County District Attorney’s office.  West Islip resident Brian Soltan, owner of several East Islip auto body businesses, had pleaded … Read more

The High Cost of Wealth Taxes

The High Cost of Wealth Taxes

Wealth Tax Impact: Details & Analysis | Tax Foundation Skip to content Colombia, Norway, Spain, and Switzerland. Countries have repealed their wealth taxes for a variety of reasons. They raise little revenue, create high administrative costs, and induce an outflow of wealthy individuals and their money. Many policymakers have also recognized that high taxes on … Read more