taxes

U.S. Domestic spending plan

Manchin, Schumer in surprise deal on health, energy, taxes – Associated Press

In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin announced an expansive agreement Wednesday that had eluded them for months addressing health care and climate, raising taxes on high earners and corporations and reducing federal debt. The two Democrats said the Senate would vote on the wide-ranging measure next week, setting

John Stossel

Opinion: Uber Clueless – John Stossel

The media’s ignorance about basic economics is galling. I expect it from politicians. I expect it from The New York Times. But it’s sad to see in the New York Post, my town’s rare alternative to Democrat media. Recently the tabloid freaked out over higher prices imposed by ride-share companies. “New Yorkers are fed up

Taxes

Make your Donation to a Qualified Charity by April 18 to Claim a Tax Credit on 2021 Tax Return

Taxpayers wanting to make donations to qualified charitable organizations and claim the Arizona tax credits on their 2021 Arizona individual income tax return have until the tax deadline of April 18, advises the Arizona Department of Revenue (ADOR). Qualifying Charitable Organizations and Qualifying Foster Care Charitable Organizations In Arizona, there are two tax credits for

U.S. Domestic spending plan

Big changes in White House ideas to pay for $2 trillion plan

In an abrupt change, the White House on Wednesday floated new plans to pay for parts of President Joe Biden’s $2 trillion social services and climate change package, shelving a proposed big increase in corporate tax rates though also adding a new billionaires’ tax on the investment gains of the very richest Americans. The reversal

Automobile industry

Elon Musk says Tesla will move HQ from California to Texas

Tesla will relocate its headquarters from Palo Alto, California, to Austin, Texas, though the electric car maker will keep expanding its manufacturing capacity in the Golden State, CEO Elon Musk said Thursday. Musk, who last year said he was moving to Texas from California, gave no timeline for the move when he addressed shareholders at

Opinion

Opinion: Does Our Tax System Benefit the Rich on Purpose?

Who’s cheating Uncle Sam the most these days? Earlier this year, a pair of IRS researchers joined with economists from Carnegie Mellon, the London School of Economics, and the University of California at Berkeley to explore that question. Americans up and down the income ladder, these analysts found, fail to report all their income. But the level

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