Tax Breaks
Biden Compares Those Who Paid Student Loans to Billion-Dollar Businesses
Biden shut down critics of his student debt forgiveness plan, saying it was just as "unfair" as billion-dollar businesses receiving "all the tax credits."
Democrats Reintroduce Bill to Eliminate New Sports Stadiums' Tax Subsidies
"There is no justification for these multibillion-dollar franchises to be eligible for tax-exempt municipal bonds," Representative Jackie Speier said.
Proposed Tax Break Could Give Some Workers Extra $350 a Year
"Nearly 1 million kids...would benefit from raising the EITC. It means new backpacks, warmer coats and more hot meals," Whitmer said.
New Jersey Casinos See Significant Jumps in Winnings Over Past Two Years
The data released Thursday showed $440 million won by New Jersey's nine casinos through November, a 52 percent increase over the same time frame in 2020.
Ohio Wants to Give State College Grads 3-Year Tax Break to Remain in State
Ohio Representative Jon Cross proposed giving graduates who take a full-time job in the state a three-year tax break to incentivize them to stay in the state.
NJ Proposes Renewed Bill for Millions in Breaks to Atlantic City Casinos
The latest version of the bill will exempt internet gambling and online sports betting revenue from the tax calculations.
Disney to Invest Nearly $864M for New Florida Campus
The new campus promised to employ at least 2,000 professional employees who will be relocating from Southern California.
Bangladesh to Give Tax Breaks to Companies Hiring Transgender Workers
In the most recent measure to boost support of LGBTQ minorities in the conservative Muslim-majority country, Bangladesh is offering companies tax breaks to hire transgender people.
AMPLIFY - Finance
How Do I Pay Income Taxes When Working Remotely in a Different State?
Were you working in a state different than where your company is? You can be taxed by multiple states. Learn about the state of domicile, state of residence, how to check if you qualify for tax relief and the list of states that won't charge you if you worked there temporarily.
Giving Tuesday 2019 : Reports Show Trump Tax Cuts Reduced Individual Donors
The 2017 tax overhaul expanded taxpayers' standard deduction but made millions of Americans ineligible to claim a tax break for donating to charities—leading to a decline in giving to these organizations.
Rep. Rashida Tlaib Files Legislation to Repeal 'Opportunity Zone' Tax Law
Michigan Congresswoman Rashida Tlaib filed The Repeal Opportunity Zones Act of 2019 on Friday in an effort to address issues stemming from the Opportunity Zones program.
Sanders, Warren Call Out FedEx for Paying $0 in Taxes After Trump Cuts
Senators Bernie Sanders and Elizabeth Warren both blasted FedEx and President Donald Trump's "corporate elite" tax cuts for allowing the courier giant to avoid paying any federal taxes.
Race for the Arctic: Russia Offers Companies Billions to Boost Exploration
Vast oil and gas deposits are believed to be buried under the Arctic, where climate change is melting sea ice and uncovering new commercial opportunities.
Georgia Lt. Gov Threatens Delta Over Cut NRA Ties
A tax break that could benefit Georgia-based Delta Airlines is on the line after the company severed ties with the NRA.
Trump Loses $133,000 Tax Break on Scottish Golf Course
Trump has a history of being at odds with the Scottish government.
Billionaires Beg Republicans Not to Cut Their Taxes
A group of more than 400 CEOs, doctors, lawyers and business owners is sending a letter to Capitol Hill that chastises the GOP for cutting taxes on the rich.
Is Trump Right About NFL Tax Breaks?
"Why is the NFL getting massive tax breaks while at the same time disrespecting our Anthem, Flag and Country?" Trump tweeted.
Cows? Who Needs 'em? Stop Drinking Milk
We should end the billions of dollars in taxpayer support for the dairy industry.
Some of Wealthiest Universities Are Getting Tax Breaks
Trump promised to make universities' tax breaks contingent on schools' willingness to reduce tuition prices—and lawmakers are now considering bills to do just that.
Crony Capitalism Is Evil—Except Mine, Say Republicans
Republicans denounce corporate welfare they don't like, while fiercely protecting their honeypots.