Category Archives: Taxation

‘More interested in the tax cut’: A frank explanation as to why Silicon Valley investors are backing Republicans this election year

September 25, 2024 ‘More interested in the tax cut’: A frank explanation as to why Silicon Valley investors are backing Republicans this election year A discussion at the Fast Company Innovation Festival in New York last week looked at the connection between a stable democracy and a strong economy. BY Sam Becker Over the past several … Continue reading ‘More interested in the tax cut’: A frank explanation as to why Silicon Valley investors are backing Republicans this election year

Most Americans think the rich don’t pay their fair share of taxes—but Trump wants to lower them even more

July 19, 2024 Most Americans think the rich don’t pay their fair share of taxes—but Trump wants to lower them even more Plans to extend and expand Trump-era tax cuts would largely benefit the wealthy. BY Marcus Baram In the first presidential debate of 2024, tax policy—and who it really benefits in this country—were among the issues most … Continue reading Most Americans think the rich don’t pay their fair share of taxes—but Trump wants to lower them even more

Ethanol-powered jets stall over pipeline and tax credit challenges

 June 18, 2024 Ethanol-powered jets stall over pipeline and tax credit challenges To the renewable fuels industry, failure to gain approval of the pipelines could jeopardize a giant new aviation-fuel market they believe would continue decades into the future, even as electric vehicles gradually replace gas-powered cars and traditional vehicles get more efficient. BY Associated Press … Continue reading Ethanol-powered jets stall over pipeline and tax credit challenges

The war on ESG doesn’t make sense. Least of all for taxpayers

June 18, 2024 The war on ESG doesn’t make sense. Least of all for taxpayers Johannes Lenhard and Hannah Leach explain how the continued backlash against environmental, social, and governance integration in investing is frustrating because there’s a clear business case and it’s in taxpayer interests. BY Johannes Lenhard and Hannah Leach “I am really frustrated. … Continue reading The war on ESG doesn’t make sense. Least of all for taxpayers

Is your tax refund ‘fun money’? Here’s how experts say you should spend it

May 10, 2024 Is your tax refund ‘fun money’? Here’s how experts say you should spend it The grown-up advice is to put it towards debt and savings. BY Associated Press The average taxpayer is getting a $2,852 refund, $75 more than last year, based on the most recent IRS data. So what should you do … Continue reading Is your tax refund ‘fun money’? Here’s how experts say you should spend it

5 new ways TurboTax made filing your taxes harder this year

April 15, 2024 5 new ways TurboTax made filing your taxes harder this year It’s no secret that the more nightmarish your taxes are, the more Intuit’s tax-preparation giant benefits. BY Clint Rainey “The tax code is too complicated—everyone needs an advocate in their corner to get the best outcome during tax season,” Intuit, the maker … Continue reading 5 new ways TurboTax made filing your taxes harder this year

Michigan Governor Whitmer proposes a $5,000 caregiver tax credit, joining other states

  By The Conversation March 10, 2024 People caring for elderly or disabled relatives need a break—and, in Michigan, Governor Gretchen Whitmer has a proposal to give them one. Whitmer’s recently proposed $5,000 tax credit, the Caring for MI Family Tax Credit, is part of a growing trend of public subsidies for families shouldering the … Continue reading Michigan Governor Whitmer proposes a $5,000 caregiver tax credit, joining other states