Tag: Tax policy
California’s Wealth Tax: Impact of Trump’s Deductions on SALT Wounds
California's Wealth Tax: Impact of Trump's Deductions on SALT WoundsCalifornia's fiscal health is precariously intertwined with the wallets of the state's wealthiest residents. Governor Gavin Newsom's ambitious 2025-26 budget blueprint hinges on a projected...
Newsom Threatens Intervention if Trump Ends Biden’s $7.5K EV Tax Credit
Governor Gavin Newsom of California is not backing down in the face of potential policy changes from President-elect Donald Trump. President Joe Biden had introduced a tax credit of up to $7,500 to encourage...
Supreme Court Decision on Trump Tax Provision: What You Need to Know
The Supreme Court recently made a decision regarding a tax provision related to foreign income. This decision was closely watched by experts and was seen as a potential challenge to prevent Congress from passing...
Stand Firm on Tax Hikes: Elizabeth Warren Warns Dems Amid Trump-era Cuts Battle
Senator Elizabeth Warren from Massachusetts is urging her fellow Democrats to stand firm on new tax policies as the expiration of part of the Trump-era tax cuts looms in 2025. At an event titled...
Transcript: The billionaires’ tax
Transcript: The Billionaires’ Tax ProposalThis is an audio transcript of the Unhedged podcast episode: ‘The billionaires’ tax’The G20 group, which represents the world’s largest economies, is discussing a billionaires’ tax for the first time....