As Wall Street banks continue to enjoy record profits thanks to President Donald Trump’s $1.5 trillion tax scam, Trump’s Treasury Department—headed by former Goldman Sachs executive Steve Mnuchin—quietly moved to hand big banks yet another major gift on Wednesday by hiding a $2.5 billion tax cut in the fine print of an “esoteric” new rule proposal (pdf). At first glance, the […]
Nondalton – Tuesday, in the community of Nondalton, near Lake Clark, Governor Bill Walker signed House Bill 267, which gives municipalities that levy taxes on guided hunting and sport fishing access to records that businesses submit to state agencies. HB 267 will allow local governments to confirm that hunting and fishing activities subject to taxes […]
Find “Trump, Inc.” wherever you get your podcasts. President Donald Trump is famous for bragging about his net worth. Publicly, he claims he’s worth more than $10 billion. He even sued an author over the issue and lobbied the editors of Forbes about his ranking on their billionaires list. Yet quietly in another setting, the […]
JUNEAU — Governor Bill Walker Thursday signed legislation ending Alaska’s unsustainable system of cash payments to oil companies. House Bill 111 passed the legislature with broad, bipartisan support, and converts cashable oil tax credits into tax deductions. With oil prices hovering around $50 per barrel, HB 111 was a necessary step to protect the state’s […]