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Home Tags Urban-Brookings Tax Policy Center.

Tag: Urban-Brookings Tax Policy Center.

SETTING THE TABLE: Patrons at Bally’s Twin River Lincoln Casino Resort play a hand of blackjack. Bally’s Chairman Soohyung “Soo” Kim says he has no plans to abandon the company’s roots in Rhode Island when his hedge fund, Standard General LP, takes ownership. 
PBN PHOTO/MICHAEL SALERNO

HIGH-STAKES TAKEOVERS: Hedge fund, private equity firm ante up at R.I.’s...

Cover Story
When Sen. Frank A. Ciccone got wind in July that Bally’s Corp.’s board of directors had accepted a $4.5 billion buyout offer from the...
EFFORTS TO RAISE the cap on SALT deductions or to create workarounds for taxpayers in high tax states are not expected to succeed. / BLOOMBERG FILE PHOTO/ MICHAEL NAGLE

It’s over: States lose fight against SALT deduction cap

Economic Activity
WASHINGTON – New York, New Jersey and Connecticut have been fighting a new cap on state and local tax deductions ever since it was...
DONALD TRUMP'S tariffs already in effect cost the average household about $831, according to research from the New York Federal Reserve, about $100 less than the an average tax cut of $930 for middle earners./ BLOOMBERG NEWS FILE PHOTO/QILAI SHEN

Trump’s tariffs have wiped out most families’ tax cut gains

Economic Activity
NEW YORK – President Donald Trump’s trade wars have already wiped out all but $100 of the average American household’s windfall from Trump’s 2017...
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