Paramount’s CEO David Ellison Supports Federal Film Tax Incentive Legislation
David Ellison Advocates for Federal Film Tax Incentives David Ellison, the CEO of Paramount Skydance, is reportedly championing a federal film tax incentive bill that has drawn bipartisan interest. Sources have indicated that Ellison dedicated at least six months to discussions aimed at bringing this bill to light. Recently, he engaged with Republican leaders in […]
New PM Burnham Planning £38 Billion in Tax Increases: Report
Burnham’s Tax Plans Could Lead to £38bn Increase Incoming chancellor Andy Burnham is expected to propose adding up to £38 billion to the UK’s already high tax burden, a move that has raised eyebrows among critics, including those from Nigel Farage’s Reform Britain party. With the former Manchester mayor likely to become Labor’s new leader […]
Abdul El-Sayed announces tax returns will be postponed until after the Michigan primary.
Democratic candidate Abdul El-Sayed, running for the Michigan Senate, is facing criticism after stating that he’s dealing with a backlog of paperwork necessary for his tax returns. This statement seems to be an attempt to counter suspicions raised by his competitor, Democratic Rep. Haley Stevens, who has suggested that he might be hiding details about […]
Scranton Mayor Paige Cognetti suggested a DEI position along with a tax hike.
Scranton Mayor’s DEI Initiative Faces Budget Challenges Paige Cognetti, the Democratic mayor of Scranton, Pennsylvania, and a candidate for the 8th Congressional District, previously suggested increasing taxes to fund a diversity, equity, and inclusion (DEI) staff. In 2023, the city added eight new hires, which included a position for a “DEI coordinator.” The proposed budget […]
California passes its biggest tax increase ever
California Introduces New Taxes for 2024 Next year, residents of California will face two new taxes following Governor Gavin Newsom’s approval of a state budget in June, which the California Taxpayers Association has termed “the largest tax increase in state history.” In response to reduced federal support from the previous administration, Newsom and Democratic lawmakers […]
California GOP leaders face scrutiny for supporting sales tax increases
California legislators are sending a bill to Gov. Gavin Newsom that could allow about a dozen counties and cities to raise their sales taxes higher than the usual limit. This has drawn criticism, particularly regarding the unexpected support from two Republican leaders for these potential tax increases. Under current state law, cities and counties can […]
Guidance for Maine parents on managing tax breaks and subsidies
Raising kids in Maine certainly comes with a hefty price tag. In recent years, the costs of child care have surged, leaving many families feeling the pinch when it comes to essentials like food and gas. Because of this, it’s become really important for some Maine families to utilize available state and federal assistance programs […]
Kristen McDonald Rivet Promotes Tax Credit After Opposing Trump’s
McDonald Rivet’s Controversial Ads and Tax Cut Debate Representative Kristen McDonald Rivet (D-Mich.) is running for re-election amid scrutiny for her past votes. She previously opposed President Donald Trump’s working families tax cuts but is now airing ads, funded by taxpayers, that promote her support for applying for “passed” working families tax credits. This Saturday […]
Microsoft’s Disclosure Offers Uncommon Insight into Tax Haven Strategies
Microsoft’s Recent Compliance Report Highlights Profit Shifting This week, Microsoft released a compliance report that sheds light on how the company is moving profits from countries with significant employee counts and sales to low-tax jurisdictions, potentially saving billions in taxes. It seems Microsoft might be the first major U.S. tech firm to create country-specific financial […]
Newsom approves full tax on any Californian gaining from Trump’s fund.
California Governor Signs Bill Against Trump Fund California’s Democratic Governor Gavin Newsom has officially acted to counter President Donald Trump’s proposed $1.7 billion fund aimed at, as some say, weaponizing his agenda. On Tuesday, Newsom stated via social media that he signed new legislation taxing 100% of the benefits distributed to Californians from this contentious […]