#tax-increases

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www.mercurynews.com
4 days ago
Business

Walters: Newsom shuns tax increases yet budget levies billions on businesses

Gov. Newsom insists on living within means and rejects corporate tax hikes despite indirect increases in the revised state budget. [ more ]
The Nation
1 week ago
California

California's New Budget Will Make Major Cuts to Public Programs

California's budgetary transformation from chaos to stability is attributed to tax increases and a focus on building a rainy day fund. [ more ]
www.nytimes.com
2 weeks ago
Information security

Opinion | Want to fix Social Security? The Well-Off Must Accept Smaller Checks.

Social Security trust funds projected to be depleted in 11 years, necessitating a combination of tax increases and benefit cuts for a lasting fix. [ more ]
Los Angeles Times
3 weeks ago
California

California Supreme Court to rule on high-stakes battle over ballot measure restricting tax increases

The California Supreme Court will hear oral arguments on the legality of a ballot measure that could significantly impact the balance of power between business and labor. [ more ]
www.nytimes.com
2 months ago
Left-wing politics

Biden, Promising Corporate Tax Increases, Has Cut Taxes Overall

President Biden has enacted tax cuts larger than tax increases for individuals and corporations.
Analysis shows the tax changes under Biden will lead to a net tax cut of about $600 billion over four years. [ more ]
#budget-proposal
The New Yorker
2 months ago
Business

An Explicitly Redistributive Budget for an Election Year

The budget proposal includes tax increases on corporations and the wealthy.
The budget emphasizes framing the upcoming political contest as a choice between a Democrat fighting for the middle class and a Republican serving the plutocracy. [ more ]
www.nytimes.com
2 months ago
US politics

Biden's Budget Underscores Divide With Republicans and Trump

President Biden proposed a $7.3 trillion budget with tax increases and new spending on social programs.
The budget aims to portray Biden as a champion of government aid for various groups and fighting climate change. [ more ]
www.nytimes.com
2 months ago
US politics

Here's the latest on the president's priorities.

President Biden proposed a $7.3 trillion budget with tax increases on corporations and high earners.
The budget aims to combat high consumer costs, strengthen border security, and deliver aid to countries like Israel and Ukraine. [ more ]
morebudget-proposal
Truthout
2 months ago
Left-wing politics

President Biden's Budget Proposes a National Paid Family Leave Program

Biden's 2025 budget proposal focuses on raising taxes on corporations and the ultra-wealthy, introducing a comprehensive paid family leave program, and investing in child care and education.
Proposal aims to reduce deficits, invest in working families and middle class, but faces challenges in a divided Congress after elections. [ more ]
New York Post
2 months ago
NYC politics

Albany Dems want to scrap Hochul's proposed education cuts, raise taxes on high earners

Democrats want to scrap Gov. Hochul's education funding cuts.
Senate's wide-ranging budget funded by tax increases on high earners and corporations. [ more ]
#biden-budget-proposal
english.elpais.com
2 months ago
Left-wing politics

Biden's budget proposal for a second term offers tax breaks for families and lower health care costs

Biden's budget proposal includes tax breaks for families and increased taxes on the wealthy and corporations.
Deficits could be reduced by $3 trillion over a decade, with $4.9 trillion in tax revenue increases and $1.9 trillion funding various programs. [ more ]
Axios
2 months ago
Left-wing politics

Biden wants to increases taxes on corporations and the rich in his 2025 budget

Biden's $7.3 trillion budget aims to fund domestic priorities through corporate and wealthy tax increases.
The budget is a key step for Biden to detail his plans and priorities while attempting to reduce the deficit. [ more ]
morebiden-budget-proposal
POLITICO
4 months ago
NYC politics

Why Democrats' House hopes could rest on Hochul's agenda

Incoming New York Governor Kathy Hochul is facing pressure from progressive lawmakers in the Democratic-run state Legislature.
Republicans are preparing to use issues like tax increases on the wealthy and criminal justice system changes to potentially win key seats and regain the House majority in 2025. [ more ]
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