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Apr 23 2024
News
South Carolina Senate wants accelerated income tax cut while House looks at property tax rebate
COLUMBIA, S.C. (AP) — The South Carolina Senate started debating Tuesday that accelerates a planned income tax cut instead of the House plan to use $500 million to give homeowners a one-time property tax rebate. Once the spending plan passes the Senate, a group of three House members and three senators — likely including the leaders of each chamber’s budget committee — is going to have to sort
Associated PressMar 26 2024
News
Trump's social media company surges in trading debut in a big boost to Trump's wealth
Trump's social media venture soared as much as 59% in its trading debut on Tuesday delivering a potential windfall of billions of dollars to the former president's net worth.
Trading in Trump Media and Technology Group, the company behind the Truth Social app, was so frantic that it was briefly halted at one point. It's trading under the stock symbol DJT, or short for Donald J. Trump.
NPR (Online News)Mar 26 2024
News
Norway ethics watchdog to probe wealth fund beneficiaries over Israel-Hamas war
The ethics council of Norway’s $1.6 trillion wealth fund says it is investigating whether companies in which it holds shares fall outside its permitted investment guidelines due to the Israel-Hamas war. The world’s largest sovereign wealth fund, which owns 1.5% of the world’s listed shares across 8,800 companies, operates under ethical rules set by parliament, and over the years has divested
The Times of IsraelApr 18 2024
News
Georgia governor signs income tax cuts as property tax measure heads to November ballot
ATLANTA (AP) — Georgians will owe less in income taxes this year and will get a chance in November to vote to cap increases in how homes are valued for property taxes. Republican Gov. Brian Kemp on Thursday signed measures by a projected $700 million on residents and businesses. The income tax cuts are retroactive to Jan. 1. “All of these bills help keep money where it belongs — in the pockets
Associated PressMar 24 2024
News
Boston activists seeking $15B in reparations, call on 'White churches' to commit to extending wealth
The Boston Task Force on Reparations called on "White churches" to step up and pay the Black community back for racial inequities that root back to the trans-Atlantic slave trade, according to reports.The Boston Globe reported that Black and White clergy members met in Roxbury for a press conference intended to be held outside, though it was instead held in the basement of the Resurrection
Fox News (Online News)Apr 22 2024
News
Ankeny school district tax rate falls by nearly $1, while city tax rate remains the same
Ankeny property owners could see a drop in the amount of taxes they pay to the school district, which lowered its property tax rate by nearly $1. The Ankeny school board on April 15 approved the district's budget for the upcoming fiscal year, which starts July 1. The budget includes a property tax rate of $16.05 for every $1,000 of a home's value, which is a decrease of 95 cents from last's
Des Moines RegisterMar 17 2024
News
Talk Business & Politics: Talking education rights in Arkansas, generational wealth transfer
LITTLE ROCK, Ark. – Discussions over a proposed education amendment and outlining how wealth is transferring between generations were the focus of the latest Talk Business & Politics. Host Roby Brock spoke with Arkansas Public Policy Panel Executive Director Bill Kopsky and Arkansas Education Association President April Reisma about the Arkansas Educational Rights Amendment of 2024 and how
Fox16Oct 24 2019
Opinion
Democratic Wealth Tax Proposals Demonstrate Economic Ignorance
Bashing the rich may be good politics, but it’s terrible economics.
It's open season on wealth and those who create it. Candidates for the Democratic presidential nomination like Sen. Bernie Sanders (I–Vt.), for instance, say that "Billionaires should not exist" and the wealth disparity in America is "a moral and economic outrage." California businessman Tom Steyer—who happens to be a
Reason