by Kate Walter | Jan 30, 2023 | Featured, Politics
SPRINGFIELD, Va. — President Joe Biden touted the progress of his administration’s economic plan and condemned GOP policies, namely House Republicans’ Fair Tax Act proposal, in an address to union workers in Springfield, Virginia, on Thursday. During his first major...
by Mary Yang | Nov 17, 2021 | Living
WASHINGTON — More than 80% of nearly 9,000 low-income areas named “Opportunity Zones” as part of a 2017 tax break program received no money in 2019, federal records show. The reason: There’s no incentive for wealthy taxpayers, who receive generous tax breaks for...
by Ben Kamisar | Mar 1, 2012 | Business
WASHINGTON— President Obama’s corporate tax reform policy touting relief for the corporate and manufacturing sectors is taking a hit for failing to do just that. Critics in the business community fear the promised tax reductions for manufacturers, research and...
