The corporate alternative minimum tax (CAMT) was enacted as part of the Inflation Reduction Act, Democratic legislation that former President Joe Biden signed into law in 2022. The CAMT requires ...
Twenty-six City Council votes are needed to pass a budget. If Mayor Brandon Johnson’s vote counters think they have that ...
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Alderman Sigcho-Lopez confronts at Pritzker over opposition to proposed Chicago corporate head tax
CHICAGO (WLS) -- A Chicago alderman confronted Governor JB Pritzker at a Veterans Day ceremony on Tuesday over his opposition ...
Third in corporate tax rank, South Carolina is 29th among 50 states in competitive taxes as judged by the Tax Foundation’s ...
The mayor’s new proposal would scale back the corporate head tax while hiking the lease tax to 15%, but key aldermen remain ...
Discover the secret places where the rich hide money: from offshore tax havens to clever legal shelters — to reduce taxes and ...
The purpose of buybacks is to consolidate ownership, so the profits go to fewer owners. No new jobs, no new companies, no new ...
While Budget 2025 didn’t deliver direct incentives for the insurance industry, it does offer meaningful opportunities for ...
All told, most states still conform to federal tax treatment under Opportunity Zones. As a result, they further subsidize ...
Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the ...
Mayor Brandon Johnson has begun asking aldermen if they would support a corporate head tax if it applied only to companies with 200 or more workers, sources say.
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