Category: tax breaks

Retirement: How Tax Rules Change as You Age

January 4, 2023
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By Rocky Mengle From Kiplinger’s Personal Finance Your life changes in many ways when you get older. But there’s something else that changes as you age that you might not have considered before—your taxes. There are different tax breaks that you can claim when you’re older, and the types of income you’re likely to receive…

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Top US Utility Providers Cut Power to Nearly One Million Homes Despite Receiving Huge COVID Tax Bailouts: Report

October 6, 2021
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Some of the top utility providers in the United States cut off power to customers across the nation despite receiving tax bailouts through the Coronavirus Aid, Relief, and Economic Security (CARES) Act during the COVID-19 pandemic, according to a new report. In September, The Center for Biological Diversity’s Energy Justice Program and BailoutWatch released its “Powerless in…

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Texas City Offers Samsung Extensive Property Tax Breaks to Build $17 Billion Chip Plant

September 6, 2021
Business & EconomyChinaChip PlantCompanieseconomyInvestmentLocal NewsRegional-Local NewsSamsungtax breaksTexasUSUS News
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The city of Taylor, Texas, is planning to offer Samsung extensive property tax breaks if the company chooses to establish its new $17 billion chip plant there. Samsung is currently considering Taylor, as well as Austin, Arizona, and New York as as one of the sites for a new chip plant that the firm says could create around…

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Deep Dive (July 9): Convicted Murderer Wins Election to DC Office While in Jail

July 9, 2021
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The death toll continues to rise in the Florida condo collapse. Miami-Dade’s mayor said Friday morning that 14 more bodies have been recovered, bringing the death toll up to 78. The number of unaccounted for has gone down to 62. Meanwhile, at the nation’s capital, the fence is coming down six months after the Capitol…

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Georgia GOP Opposes Biden Spending Bill Over Language That Blocks State Tax Cuts

March 12, 2021
CARES actcoronavirus relief billExecutive BranchFeatured TopicsFederal-State RelationsPoliticspresident joe bidenRepublicanstax breaksunemploymentUSUS News
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Georgia Republicans are opposing a stipulation in President Joe Biden’s $1.9 trillion coronavirus relief bill that could block states from using the federal funds to pay for tax cuts. The sweeping relief package, named The American Rescue Plan Act of 2021, was approved by Congress on March 10 and is headed back to President Biden’s desk. It includes a…

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Small-Business Struggles

February 10, 2021
BusinessdiscriminationlockdownsOpinionPaycheck Protection Programsmall businesstax breaksViewpoints
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Commentary Small-business owners are struggling to survive the pandemic and government-imposed lockdowns. But white male business owners have an added problem. While politicians are offering loans and grants to minority-owned and women-owned businesses, they could care less about helping white men. What’s next? Tax breaks for women and minorities, and higher rates for white men?…

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