(The Center Square) – In the stack of more than 80 bills the Missouri House of Representatives voted to send to the Senate is an effort to phase out the corporate income tax and end tax credits. If the Senate passes House Bill 2274 as it currently is written, the corporate tax rate would decrease from 4% to 3% on Jan. 1, 2025, drop to 2% in 2026, 1% in 2027, and no corporate tax would be imposed in 2028 and thereafter. The bill was first read in the Senate in late March and no...
Two years after E-line Media revealed it was working on Never Alone 2, the first look at gameplay emerged at the Triple-i Initiative indie games showcase. The brief clip shows Nuna and her spirit companion Fox running across ice and encountering a pair of giant creatures. There's not much to the video (it's a teaser, after all), but it gives a sense of the game's look and feel. You'll venture through the Alaskan wilderness to look for ways to support your home village. Along the way, you'll...
A Democrat serving her second term in the U.S. House of Representatives recently stated that temporarily exempting black people from paying taxes is not "necessarily a bad idea." However, while parsing through the idea, she determined that such an exemption from taxes still likely won't redress the centuries-old horrors of slavery or current wealth disparities between black people and other racial groups since many black people "aren’t really paying taxes in the first place."On a recent episode...
After Iran's strikes on Israel, Speaker Mike Johnson is facing pressure to pass a foreign aid deal to support the embattled country. Senators passed a $95 billion foreign aid package that includes money for Ukraine, Israel and the Indo-Pacific in February. The deal also includes billions for Ukraine, which many in the GOP don't support. Johnson is also facing the threat of removal from Rep. Marjorie Taylor Greene if he moves forward with the Senate's bill
These Are The Countries With The Highest Corporate Tax Rates In 1980, the global average corporate tax rate stood at 40.2% - a level notably higher than today Over the last several decades, corporate tax rates have declined across every region, with the average now falling at 23.5% as of 2023. As tax rates have sunk lower, U.S. Treasury Secretary Janet Yellen and others have called for a global minimum corporate tax to prevent multinationals from sheltering profits in tax havens. ...
Your chances to file your taxes or for an extension to avoid penalty come to a close Wednesday night.
An arsonist on Friday set fire to the door of Vermont Senator Bernie Sanders' Burlington office, according to police.Sanders, an independent senator, was not at his office during the fire, which reportedly caused minor damages but no injuries to staff members who were briefly trapped inside."A significant fire engulfed the door and part of the vestibule, impeding the egress of staff members who were working in the office and endangering their lives," the Burlington Police Department said in a...
A new report sheds light on how older adult scam victims end up with big tax bills and lost retirement savings.
MISSOURI — A plan to eliminate the corporate income tax in Missouri continues to be discussed with lawmakers. It's legislation that didn't get passed in the Senate last year. This year, the House has already passed the bill - with the help of Representative Ben Baker's special committee on tax reform. It's currently sitting in []
LA 'Mansion Tax' Is Yet Another Democrat Debacle In November 2022, Los Angeles voters approved a so-called 'mansion tax,' which slaps a 4% sales tax on properties sold for over $5 million, and 5.5% for those over $10 million. The scheme (Measure ULA), put forward by Democrats, was projected to raise roughly $672 million in its first year, to be used for affordable housing. Not only did the plan fall short by hundreds of millions of dollars (raising just $215 million), the...
Multiple Sanders’ staffers in office at the time
A suspect was arrested Sunday in connection with a fire at Sen. Bernie Sanders’ Vermont office that is being investigated as arson, according to the Department of Justice. Shant Soghomonian, 35, also known as Michael Soghomonian, previously of Northridge, California, was arrested Sunday on charges of using fire to damage a building in Burlington, Vermont, where an office for Sanders is located, the DOJ said in a press release. Soghomonian allegedly entered the building Friday morning and went to...