tax hike
Tax Analyst: 15 Percent Tax to Slow Economic Growth
On Capitol Hill this week, Senate Leader Chuck Schumer’s top priority is passing a $700 billion budget bill. There are a number of changes to the tax code, including more ability for the IRS to crack down on taxpayers. NTD spoke with David Williams, president of the Taxpayers Protection Alliance, to hear his thoughts.
Deep Dive (Oct. 28): White House Framework Costs $1.75 Trillion, Includes $1.995 Trillion in Tax Hikes
President Joe Biden hopes to convince Democrats to back his economic and environmental proposals before he leaves for Europe. The White House announced his spending bill framework Thursday morning. In a move to meet with progressives, Biden has slashed the bill’s price tag in half. It’s been cut from $3.5 trillion to $1.75 trillion. The […]
Business Groups Unite Against Tax Hike Proposals
Commodity prices are rising, so businesses have higher costs to worry about as well as the threat of higher taxes. But now, over 25 business groups are teaming up against government tax hikes. One business leader says the pandemic has already taxed businesses enough.
NTD Business Full Broadcast (May 25)
Washington, D.C., files a lawsuit against Amazon. The attorney general says Amazon’s treatment of sellers is anti-competitive, and you’re paying more and have fewer choices because of it. Could traditional exchanges like the New York Stock Exchange and NASDAQ soon be a thing of the past? NTD looks at a new type of decentralized exchange […]
Capital Gains Tax to Pay for Biden’s $1.8 Trillion Package
As Congress is negotiating details of an infrastructure package, President Joe Biden is setting his eye on another goal—another trillion-dollar package to fund what some call “human infrastructure.” But it comes with another tax hike proposal, this time on individuals.