Corporations Help Economy but Need to Pay Fair Share of Taxes

Corporations Help Economy but Need to Pay Fair Share of Taxes

Unless corporations and the wealthy pay their fair share of taxes, the US will struggle to address numerous pressing challenges, including rising inequity, deteriorating national infrastructure, and the urgent demands of climate change.The 2017 Tax Cuts and Jobs Act slashed the corporate tax rate from 35% to 21%. It also gave corporations other tax breaks, … Read more

G20 Nations Take ‘Important Step’ Toward Fair Taxation of Ultra-Rich | Common Dreams

G20 Nations Take 'Important Step' Toward Fair Taxation of Ultra-Rich | Common Dreams

Despite pushback from the United States delegation, finance ministers at a meeting of the G20 countries in Rio de Janeiro on Thursday agreed on the need to develop a global taxation system in which the richest in the world are taxed at a higher rate—potentially unlocking hundreds of billions of dollars annually to help close … Read more

Sectors to gain as Trump victory odds rise

Sectors to gain as Trump victory odds rise

With market analysts increasingly pricing in the likelihood of a Donald Trump victory in the US presidential election in November, investors are eyeing three specific sectors expected to benefit from his administration’s policies. “A potential return to the White House brings with it expectations of a hawkish trade policy, less regulation, looser climate change regulations, … Read more

Stocks likely to benefit from Labour victory

Stocks likely to benefit from Labour victory

Stocks in certain sectors are likely to see notable benefits if Sir Keir Starmer’s Labour party wins in the July 4 elections, as anticipated, according to the CEO of a leading advisory and asset management group. Three in particular stand out as key winners of a Labour win, said Nigel Green, CEO of deVere Group. “While … Read more

The European Union’s ViDA Proposal: Ignoring Principles Does Not Make Tax Policy Fairer

The European Union’s ViDA Proposal: Ignoring Principles Does Not Make Tax Policy Fairer

EU VAT in the Digital Age (ViDA) Proposal | Tax Foundation Europe Skip to content Home • Blog • The European Union’s ViDA Proposal: Ignoring Principles Does Not Make Tax Policy Fairer discuss the EU’s VAT in the digital age (ViDA) proposal once again after Estonia’s veto on 14 May. The updated ViDA proposal, published … Read more

Food and film nights by Lidl Cyprus

Food and film nights by Lidl Cyprus

Lovers of cinema and good food, this event series is for you! Lidl Food Academy in Cyprus is hosting a series of film screenings this month for a few lucky winners to enjoy, paired with chef-prepared meals. For one more summer, Lidl Cyprus’ Movie Nights return for three evenings blending gastronomy and cinema.Before each film … Read more

Corporate Tax Breaks

Corporate Tax Breaks

Fact: A bipartisan group of lawmakers, including both liberal and conservative members, supported a bill that would change the rules allowing corporations wide discretion to choose who gets their online sales taxes, potentially funneling billion in tax kickbacks back to communities across the state.

California Senate preserves big corporate tax breaks that benefit some cities

California Senate preserves big corporate tax breaks that benefit some cities

Fact: Some of the most liberal and conservative members of the state Senate agreed that online sales taxes should go to the local government where the transaction took place, not to cities that could be hundreds of miles away.

Second seed Sabalenka bludgeons Navarro for French Open quarter-final spot

Second seed Sabalenka bludgeons Navarro for French Open quarter-final spot

Aryna Sabalenka defeated Emma Navarro 6-2 6-3 in the French Open quarter-finals. Sabalenka is unbeaten in 11 straight matches at the majors this year without losing a set.