Stellantis, Ford, General Motors get 1-month Trump tariff exemption: White House
Sen. Markwayne Mullin of R-Okla responds to several Democrats who plan to boycott President Donald Trump's speech to Congress on the “final line.” The “Big 3” automaker has received a month's exemption from Trump administration's tariffs that came into effect Monday, White House spokesman Caroline Leavitt announced Wednesday. “We spoke to the Big Three automaker,” […]
How former LIV Golf player made history, earned Players Championship exemption
Laurie Canter has the opportunity to make history with TPC Sawgrass. If he decides to play, he will become the first former Liv golf player to tee up it in the Player Championship, the most prestigious event on the PGA Tour. But how did he gain this possibility in the first place? On Sunday, Kanter […]
Australian treasurer seeking tariff exemption in talks with Bessent
Australia's treasurer Jim Chalmers will continue to push for steel and aluminum tariff exemptions this week in a discussion with Treasury Secretary Scott Becent. Chalmers traveled to Washington on Sunday night for his first in-person meeting with his counterpart since Bessent took over the post, but Chalmers said, “Our established relationships are more than this […]
College football country seeks key tax exemption for athletes to enhance recruitment, boost team continuity
Whether fans are rooting for “Roll Tide,” “War Eagle,” “Go-Dawg,” or even “Texas, Fight!”, Deep South lawmakers exempt student-athletes from name image and exemption We are working on the law (nil) income from taxation. Advocates say the move will increase school recruitment capabilities, thereby providing scholars with the necessary economic boosts and leveling out university […]
Schiff calls for firefighter exemption from federal hiring freeze
Sen. Adam Schiff (D-Calif.) urged the Administration (OMB) and the Department of Agriculture (USDA) on Friday to exempt federal season firefighters from President Trump's federal employment freeze. In a letter to both departments, he noted that the move has stagnated onboarding for thousands of seasonal firefighters. “This morning we notified that federal employment freezes had […]
NYC food industry begs for exemption to traffic congestion toll, warns prices will spike
New York City food industry leaders are pleading with Gov. Kathy Hochul for an exemption from the controversial congestion pricing plan, warning that the fees will lead to higher prices for consumers. A coalition of more than 100 businesses and associations, including restaurateurs, distributors, food banks, and companies such as Bal d'Or Specialty Foods and […]
Supreme Court to hear dispute over Catholic group, Wisconsin tax exemption
The Supreme Court agreed Friday to take up a Catholic charity's efforts to qualify for religious exemption from Wisconsin's unemployment tax system. Although Wisconsin exempts employers “operated primarily for religious purposes,” Catholic Charities employs non-Catholics, does not seek to instill the Catholic faith in its participants, and does not seek to instill the Catholic faith […]
IRS announces bigger estate and gift tax exemption for 2025 – CNBC
The Internal Revenue Service announced increases in inheritance and gift tax exemptions for 2025. “Basic deduction amount” Increased to $13.99 million The agency announced Tuesday that the amount will increase from $13.61 million per person in 2024 to $13.61 million in 2025. This exemption applies to tax-free transfers during life and at death. The IRS […]
Private faith schools in UK lobby for VAT exemption on fees under £7,690 | Private schools
Independent faith schools have held talks with ministers over proposals to exempt small private establishments from VAT, with tuition fees significantly below those of elite schools such as Eton. The organization, which represents more than 270 independent Jewish, Muslim and Christian faith schools that often rely on donations and volunteers to survive, will charge 20% […]
Michigan Dem running for Senate enjoys full property tax exemption on ‘agricultural improvement’ land with no agriculture
A Michigan Democratic congresswoman who doesn’t own a farm or agricultural license is saving thousands of dollars in taxes each year thanks to an agricultural exemption on her property, an exclusive report has revealed. New York Post reveal. Rep. Elissa Slotkin (D-Mich.), a three-term congresswoman running for the U.S. Senate seat to replace retiring Democratic […]