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Dec 23 2024POLITICS

Economist Miran: Trump's New Economic Advisor

Hey, let's talk about Stephen Miran! You might remember him from Trump's first term, when he was a Treasury adviser. Well, guess who's back? Stephen's been tapped by Trump to lead the Council of Economic Advisers. This isn't just any job, folks. This three-person team tells the president what's up w

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Dec 22 2024ENVIRONMENT

The Power of Habits: Why Swedes May Resist Carbon Taxes

Ever thought about how our daily routines can shape our views on big issues like climate change? A recent study in Sweden dug into this, focusing on how habits influence people's acceptance of higher carbon taxes. The research gathered data from over 5, 200 participants, looking at their car driving

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Dec 19 2024BUSINESS

Hollywood's Home Team: New Group Fights to Keep Productions in California

You might think Hollywood is all glamour, but there's a lot that happens behind the scenes. Recently, a new group called the California Production Coalition has formed to keep things in California. Why? Because other states and countries are offering crazy good tax breaks to lure in TV and film prod

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Dec 18 2024POLITICS

Why Big Tech is Making Nice with Trump

Big Tech leaders are cozying up to President-elect Donald Trump. They're hoping to gain favor with him before he takes office in January. Why? They're pouring millions into his inauguration fund. This is a huge increase from past contributions to incoming presidents. What do they want? Easier AI dev

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Dec 17 2024FINANCE

Chicago's 2025 Budget Approved: No Tax Hike, Job Cuts Instead

In a tight vote, the Chicago City Council has given the green light to Mayor Brandon Johnson's 2025 budget, skipping any property tax increase. The final tally was 27 to 23, after heated discussions. Johnson originally proposed hiking taxes, but strong opposition pushed him to rethink his plan. The

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Dec 16 2024POLITICS

The Hidden Side of Ukraine's Job Market: Non-Market Relations

In Ukraine, certain signs point to the presence of non-market labor practices. Some people pay illegal taxes even while working legally, treating these as job security measures. The government has also increased its pressure on labor market regulators. Experts suggest that Ukraine should lean more t

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Dec 16 2024POLITICS

Mayor Johnson's New Budget Plan: Tax Relief and Job Cuts

Chicago's Mayor Brandon Johnson is presenting a new budget plan just weeks before a potential government shutdown. This plan aims to end the city's budget stalemate by dropping a proposed $68. 5 million property tax increase and cutting 10 jobs from his office. The mayor's office has grown larger un

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Dec 15 2024POLITICS

The Olive Oil Tax: A Glimpse into Idlib's Rebel Governance

In the heart of northern Syria lies Idlib Province, known for its rolling hills and red dirt. Every autumn, farmers here harvest their olive crops. But they've got company during this process - tax collectors. These representatives of the local government, run by the rebel group Hayat Tahrir al-Sham

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Dec 15 2024CRYPTO

Prepare Your Wallets: New Crypto Tax Rules Are Coming in 2025

Get ready, crypto investors! The new year is bringing some big changes to how you report your crypto profits. Starting January 1, brokers and exchanges will start using a new form called the 1099-DA to report your gains. This means you'll need to keep a close eye on your cost basis – the amount you

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Dec 15 2024HEALTH

The Economic Boost of Taiwan's IVF Subsidy: A Closer Look

In 2021, Taiwan introduced changes to its assisted reproduction subsidy scheme, specifically for in vitro fertilization (IVF). But what's the real impact on the country's economy? Let's dive in. The main idea is to estimate the public economic gains from these subsidy changes. It's all about the mon

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