LOS ANGELES, CALIFORNIA - MARCH 04: Democratic presidential candidate former Vice President Joe ... [+] Biden at a campaign event. (Photo by Mario Tama/Getty Images)
The Democratic presidential hopeful would generate about half the money by raising taxes on households with incomes in excess of $400,000 and the other half by raising business taxes.
At the same time, he'd raise the corporate income tax rate from 21 percent to 28 percent. He'd increase taxes on US-based multinationals in part by doubling the minimum tax on profits earned by foreign subsidiaries of US firms, and eliminate tax preferences for the real estate industry.
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Property taxes turning American dreams into Illinois nightmares
Visions of the community's future no longer bring comfort. Instead, they inspire crippling fear.
For generations of black Chicagoans, the suburb of Matteson was a beacon. Moving there meant you had made it. It was a place where black wealth was not only accepted, but celebrated.
The pride of the village since its opening in 1973 was the Lincoln Mall on U.S Route 30 and Cicero Avenue. Anchored by stores like Carson Pirie Scott and Montgomery Ward, it was the place to see and be seen.
9 Reasons to Stop Doing Your Own Taxes - The New York Times
Even if you enjoy such tasks, getting either one of them wrong as a do-it-yourselfer can be expensive. But as complicated as a car engine may be for a relative novice, an encounter with the tax code offers so many more costly ways for things to go spectacularly awry.
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Tax software — or the old-fashioned paper forms and calculators — won't help much when the numbers that human beings use in the first place are flawed.
And mistakes are possible when you do it all yourself. A new client of Minnie Lau , a San Francisco accountant, recently made a misfire in declaring the cost basis of some employer-issued stock, thanks to a fumble involving the interplay between tax software and a brokerage statement. Ms. Lau fixed the return, and the client got $14,000 back.
Aurora pet store closed, owner owes $86,000 in back taxes | FOX31 Denver
AURORA, Colo. (KDVR) -- An Aurora pet store with a checkered past has been shut down by the city because of delinquent tax payments.
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A total of 45 puppies, six rabbits, nine hamsters and 18 mice were removed from the store and are being cared for at the city shelter.
Because it is a legal case, none of the animals are eligible for adoption, but at some point, that could become a "potential option."
GRAND COUNTY, Colo. (KDVR) -- A person "suspected of carrying" the coronavirus was transported from Grand County to a medical facility on the Front Range for testing, officials said Thursday night.
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NJ property taxes grow to record high, new data shows - NJBIZ
New Jersey's property taxes reached a new high in 2019 with residents paying an average of $8,953, according to state data—making them among the highest in the country.
That marks a $186, or 2.1 percent, increase over what residents paid in 2018 when the average payment was $8,767 annually. Some towns had property tax bills in 2019 nearly triple that amount.
Growth on property taxes has nonetheless slowed, according to the state's Department of Community Affairs, which analyzed property taxes from the state’s 565 municipalities and 21 counties. All told, those municipalities raised $30 billion last year from local taxes. Ratables neared $1.1 trillion, according to the DCA.
Franklin County collects nearly $1 million in unpaid taxes from MVP contractors
ROCKY MOUNT, Va (WDBJ7) For Franklin County Commissioner of the Revenue Margaret Torrence, this story begins in 2018. Riding around the county, she noticed Mountain Valley Pipeline contractors had dozens of pieces of equipment lying around the county.
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Torrence identified at least 24 MVP contractors and subcontractors who owed the county unpaid personal property taxes. She began working to collect the money last fall.
States Lower Taxes to Court Retirees
Fortunately for Marylanders willing to relocate, a number of other states give retirees a break. For example, nearby Delaware and Virginia are both friendlier to tax-conscious seniors, according to Kiplinger's state-by-state guide to taxes on retirees . Alternatively, Marylanders can join the thousands of retirees that have stowed their snow shovels and moved to Florida, which has no income tax and is on Kiplinger's list of most-tax-friendly states .
New Colorado ballot proposal: Increase taxes on the rich, lower them for everyone else –
Coloradans may be voting this November on a proposal to raise billions of dollars annually by hiking taxes on the rich and using the money on schools and other, unspecified needs of a “growing population and changing economy.”
An issue committee that calls itself Fair Tax Colorado announced Thursday that it will begin collecting signatures to place its proposal, titled Initiative 271 , on the 2020 ballot. They’ll need at least 124,632 of them to qualify for the ballot.
Happening on Twitter
There are no moderates! Biden wants to HIKE taxes by $4 TRILLION. Twice as much as what Democrats proposed in 2016 https://t.co/g87M2iMha2 LizRNC (from 🇺🇸🇺🇸🇺🇸) Thu Mar 05 20:00:31 +0000 2020
Biden's tax increases focus on high earners and corporations, increasing federal revenue by about 8% over a decade https://t.co/dkSqmrWdBZ WSJ (from New York, NY) Thu Mar 05 18:15:07 +0000 2020
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