Tag: Tax Cuts
The middle class doesn’t need more tax relief
President Donald Trump recently indicated that he would push for a middle-class tax cut sometime before the elections in November. The federal tax overhaul...
U.S. budget deficit widens to $691B in first half of fiscal...
NEW YORK - The United States budget deficit widened to $691 billion in the first half of fiscal 2019 as spending outpaced an increase...
President’s offshore cash promise falters as $665B returns
NEW YORK - Corporate America brought $664.9 billion of offshore profits back to the United States last year, falling short of the $4 trillion...
Banks’ $21B tax windfall doesn’t stop their job cuts
NEW YORK - Major United States banks shaved about $21 billion from their tax bills last year - almost double the IRS’s annual budget...
The exploding debt crisis
The rising tide of red ink is undermining the economic and social fabric of the United States. Unchecked deficit spending will impose outrageous debt...
Brown-bag lunch for real estate agents will focus on reducing taxes
WARWICK – Certified public accountant Paul Dion will hold a brown-bag lunch at the Rhode Island Association of Realtors offices on Dec. 19, aimed...
Capital-spending slowdown flashes warning for U.S. growth
NEW YORK - Juiced by President Donald Trump’s tax cuts, business investment helped deliver a robust United States economy in the first half of...
Why housing is tanking in Northeast
Sales of new single-family houses were down 13.2 percent in September from a year earlier, the Census Bureau reported recently. That’s a lot –...
Tax Cut 2.0 bill unveiled by House GOP ahead of election...
NEW YORK - House Republican lawmakers introduced legislation Monday that would make the 2017 tax cuts for individuals permanent in a bid to highlight their...
Matt Brown wants R.I.’s governor to focus less on business interests...
Matt Brown, a longtime activist for social, educational and environmental causes, wants to bring that mission to the top level of state government next...