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Sep 12 2024FINANCE

Tackling Social Security's Future: Can Closing Tax Loopholes Fund the Program Until 2100?

Imagine if Social Security's sacred guarantee wasn't on the chopping block, but rather, it was fully funded for decades to come. Sen. Ron Wyden (D-Ore.) claims that cracking down on mega-rich tax dodgers could keep the New Deal program whole until the end of this century. Wyden estimates that the ul

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Sep 12 2024FINANCE

Uncovering the Hidden Gem of Charter School Muni Bonds

The municipal bond market has a secret gem that could provide a significant return for investors. Charter school bonds, a small but growing segment of the education muni bond landscape, are offering yields that are hard to resist. With a tax-equivalent yield of nearly 8% for those in the highest tax

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Sep 11 2024POLITICS

US-U Canada Digital Tax Tussle: A Precarious Balancing Act

As the Canada-US trade partnership teeters on the edge, the Business Council of Canada has sounded the alarm, urging Ottawa to revoke its digital services tax (DST) amidst growing concerns from the Biden administration. The Office of the US Trade Representative has requested dispute settlement consu

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Sep 11 2024POLITICS

The Cannabis Conundrum: Is the Industry Leaner Left or Right?

It's time to rethink the assumption that the cannabis industry is a liberal bastion. Ten years ago, it would've been easy to assume so – the Democratic Party had been driving progress on cannabis legalization. But fast-forward to today, and the picture is murkier. Why are business owners and executi

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Sep 11 2024POLITICS

B. C. 's Economic Future: A Turning Point or a Red Flag?

As B.C. Finance Minister Katrine Conroy touts the province's economic resilience, doubts are being raised by watchdogs and business leaders alike. The good news? The province is attracting private investment and listening to business concerns. The deficit is ballooning, debt-to-GDP ratios are rising

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Sep 11 2024POLITICS

EU's Big Win: Apple and Google Face Billions in Penalties

The European Union's highest court has delivered a major blow to Apple and Google, ruling against the tech giants in two landmark cases. The decisions, which could lead to billions of euros in penalties, are seen as a significant test of efforts to clamp down on the world's largest technology compa

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Sep 11 2024POLITICS

Should Colorado Tax Firearm Purchases to Fund Crime Victims Services?

Imagine you're buying a new pair of hiking boots. You're excited to hit the trails, but as you're about to make the purchase, you're hit with an unexpected 6.5% tax. This isn't a metaphor – this is exactly what could happen if Colorado voters pass Proposition KK, a ballot measure that would impose a

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Sep 11 2024SPORTS

The Sports Betting Bonanza: Growth, Greed, and the Ethics of the Game

Sports betting is expected to continue its rapid growth, with executives from FanDuel, Fanatics, DraftKings, and Sportradar predicting a bright future. Bettors are increasingly interested in placing wagers on individual players, as well as making real-time bets during sporting events. Taxes and

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Sep 10 2024POLITICS

Walz's $26 Tax Oversight: A Tale of Educational Travels and Communist Ties

Tim Walz, the Democratic vice presidential nominee, has a history of shady business dealings with China that raise serious questions about his judgment and loyalties. In 1998, Walz's for-profit company, Educational Travel Adventures Inc., was dissolved by Nebraska officials after he failed to pay ju

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Sep 10 2024BUSINESS

Daddy's Little Money Machine: Unpacking the Truth Behind Trump's Inheritance

Donald Trump has often painted a picture of himself as a self-made billionaire, bootstrapping his way to the top. But what if the story's a little more complicated than that? Trump frequently claims his father, Fred Trump, gave him a small loan of $1 million to kickstart his business career. This na

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