A group of Democrats seek to repeal the Trump-era limit to state and local tax deductions, adding that it is a part of President Biden’s signature spending plan. It sets up a battle with progressive Democrats who claim that doing so would result in a massive tax cut for those at the top. The so-called SALT deductibility cap, which will expire in 2026, restricts the amount of … [Read more...] about Democrats May Include Tax Cut That Benefits Wealthy Americans In Biden’s Huge Spending Plan
taxes
Sanders Demands Lower Drug Prices, Reconciliation Framework
Despite opposition from the party, Sen. Bernie Sanders recently insisted that the Senate has the ability to set out a framework to allow for a reconciliation bill which would be approved by all 50 Democrat senators. Sanders is the chairman of the Budget Committee, which has put him in a prime position to negotiate between disparate elements of the Democrat party. Two notable … [Read more...] about Sanders Demands Lower Drug Prices, Reconciliation Framework
Florida’s Job Growth Surpasses The National Rate
Many states have been fighting against President Joe Biden and his tyrannical vaccine mandates. Biden made the announcements last month that companies with over 100 employees are expected to mandate COVID-19 vaccinations through the Occupational Safety and Health Administration. He warned employees to get the jab or get fired. Florida Gov. Ron DeSantis, however, has made it … [Read more...] about Florida’s Job Growth Surpasses The National Rate
Tesla Is The Last Car Company To Leave California
California is losing its grip on the business industry due to high taxes and regulations, forcing many companies to leave the state in droves. Most of them seem to be headed to Texas or Florida, where living costs and tax burdens aren’t as suffocating. Tesla had been the last car company still manufacturing cars in California before making the announcement that they would be … [Read more...] about Tesla Is The Last Car Company To Leave California
Cuomo Begs People To Return To The Big Apple After Imposing Some Of The Harshest Lockdowns
After insisting that he will mandate vaccines in the state of New York, Gov. Andrew Cuomo is also trying to plead with his citizens to return to the Big Apple. Businesses have fled by the thousands after months of rising crime and lockdowns…and took their tax dollars with them. Looks like Cuomo shouldn’t have dug into the taxpayer’s pockets to pay for his book advance. But … [Read more...] about Cuomo Begs People To Return To The Big Apple After Imposing Some Of The Harshest Lockdowns