Democrats press corporations on lobbying spending ahead of tax fight
Democrats want to know how much money big corporations are paying major lobbying groups to court lawmakers before the tax law is scheduled to expire next year. Heads of large companies including Netflix, Ford and Tesla received letters from Democratic lawmakers demanding details of their lobbying budgets and whether their corporate boards would approve them. […]
Harris backs minerals stockpile, permitting reform, climate-friendly tax credits
Vice President Harris announced her economic policy this week, supporting increasing domestic mineral production and creating mineral reserves. According to a press release from her campaign, the campaign plans to use wartime powers under the Defense Production Act to build stronger mineral supply chains and reduce reliance on China. in The plans are posted on […]
Trump Tax Cuts, Tariffs Will Rebuild American Industry, Strengthen Dollar
John Carney, economics editor at Breitbart News, told Fox Business Network's “Kudlow” on Wednesday that former President Donald Trump's proposed tariffs and tax cuts would rebuild U.S. industry and strengthen the dollar globally. “What Donald Trump is saying is that the United States has built an economic system where we basically pay companies to move […]
GOP senator opens door to tax negotiations in lame duck session
Sen. Mike Rounds, D-Lausanne, said Wednesday there may be an opportunity to negotiate a tax agreement during the current lame-duck session of Congress ahead of the tax law's scheduled expiration next year. “There's one chance after the election to see if there's enough energy in Congress to say, 'OK, we know what's going to happen […]
Trump reveals tax deal he will be ‘offering to every major company and manufacturer on Earth’
Former President Trump vowed on Tuesday to “begin a historic expansion of American manufacturing power and strength” through an economic and tax agreement he said would provide for “every major company and manufacturer on the planet.” Campaigning in Savannah, Georgia, Trump said his plan for the US economy, centred around a “Made in America” 15% […]
Hot travel spot could see new tourist tax as number of travelers increases
The Scottish Highlands are the latest popular holiday destination that may soon be subject to a tourist tax. In May, members of the Scottish Parliament passed a bill allowing local authorities in Scotland to introduce a tourist tax on tourists staying in their accommodation. Highland District Council will be the next body to decide what […]
Accusations of improper tax breaks fly in crucial Senate race: ‘Rules don’t apply’
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SUN: Alsobrooks says she didn't know she was saving thousands from improper tax breaks – Fox Baltimore
A senior adviser to Sen. Angela Alsobrooks said Sunday that the Maryland Democratic Senate candidate was unaware that she was improperly taking advantage of tax breaks to which she was not entitled and that her lawyers were working to resolve the issue. CNN Report That morning. According to CNN, for more than a decade, Alsobrooks […]
Angela Alsobrooks Improperly Claimed Tax Deductions on Properties
Prince George's County Mayor Angela Alsobrooks reportedly improperly claimed tax deductions on two properties in Maryland and Washington, DC, saving her thousands of dollars. Reviewed by CNN Found Alsobrooks, who is running for U.S. Senate in Maryland against former Governor Larry Hogan (R-Md.), had improperly claimed residential property tax exemptions for his home in northeast […]
Angela Alsobrooks improperly claimed tax deductions on DC, Maryland properties, records show – WTOP
Senior counsel for Angela Alsobrooks said she was unaware of the issue and that her lawyers were working with both Washington, D.C., and the state of Maryland to resolve the tax issues. (CNN) — Angela Alsobrooks Democratic Candidate for U.S. Senate In Maryland, he improperly took advantage of tax breaks to which he was not […]