Sunday, October 25, 2020

If Biden wins, he tells his Wall Street supporters he can’t wait to raise taxes | Fox Business

Sources tell FOX Business' Charlie Gasparino that Joe Biden wants to push through tax increases to pay for front-loaded infrastructure and climate legislation.

The polls may be tightening as the 2020 presidential election is just over a week away, but Democratic nominee Joe Biden and his top advisers are already laying out an aggressive economic agenda that would make raising taxes their top and immediate priority if the former vice president is elected, FOX Business has learned.

Publisher: Fox Business
Date: 2020-10-25
Twitter: @FoxBusiness
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And here's another article:

MMSD referendum would raise property taxes over four years

MADISON, Wis. (WMTV) - Voters in Madison this November will weigh in on two referendums put forward by the Madison Metropolitan School District . The first is asking voters for the ability to raise property taxes over the next four years to invest in various programs.

Kelly Ruppel, MMSD's Chief Financial Officer, said state funding has failed to keep up with students' needs, forcing cuts at the district level.

Publisher: https://www.nbc15.com
Twitter: @nbc15_madison
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Would Proposals by Biden Raise Taxes on the Middle Class?

Here it is important to separate the legal or statutory incidence of a tax with the economic incidence. In short, this is the difference between who writes the check to the tax collector and who ultimately bears the economic burden of the tax. When Biden says he will raise taxes on only those earning over $400,000, he is saying his tax law will target only those high-income taxpayers. Economists, however, trace the economic impact of these taxes past the person writing the check.

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Publisher: Tax Foundation
Date: 2020-10-21T11:39:08-04:00
Twitter: @taxfoundation
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Election 2020: Area farmers focused on trade and taxes in next president

Members of the Ohio and Miami Valley agricultural community are waiting to see who will be the next president so they have a better idea of what trade and tax policies their businesses will be facing.

Agriculture is one of Ohio's major industries and farmers and ag industry families are a key demographic for presidential candidates to win over. Farmers and rural America largely supported Donald Trump in 2016. Miami Valley farmers this week said the agricultural market has been volatile for years and they hope the next president will take an interest in their plights.

Publisher: journal-news
Twitter: @journal-news
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Quite a lot has been going on:

Trump says he 'prepaid' his taxes. So do millions of other Americans

President Donald Trump isn't the only one who's "prepaid" his taxes. Millions of other Americans have, as well.

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Talk of the president's income tax returns — and the $750 he reportedly paid in 2016 and 2017 , per The New York Times — made its way onto the stage Thursday night during his final debate against Democratic candidate Joe Biden.

"I asked them a week ago," Trump said, referring to his accountants. "I said, 'What did I pay?' They said, 'Sir, you prepaid tens of millions of dollars.' I prepaid my tax."

Publisher: CNBC
Date: 2020-10-23T17:59:32 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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'I owe £180,000 in tax and I haven't told my wife' - BBC News

.css-14iz86j-BoldText{font-weight:bold;} "It's a massive amount of pressure. I've sort of kept it to myself. My family don't know about this and I've often thought: 'Is that the right decision?' But I wouldn't want to put them through all this."

John is not his real name but he didn't want to be identified. After all, he has spent more than two years keeping his financial worries hidden from his wife.

The pressure of the last two years has been enormous. He told BBC Radio 4's File on 4: "It's really tough. I can't tell you the last time I slept and it's difficult. It's just relentless, with no real end in sight."

Publisher: BBC News
Author: https www facebook com bbcnews
Twitter: @BBCWorld
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Alabama high court rules teachers must pay local occupational taxes - al.com

The Heflin-Torbert Judicial Building, also known as the Alabama Supreme Court, Montgomery (AL.com file) Julie Bennett

Public teachers employed by the Jefferson County Board of Education are not exempt from paying occupational taxes levied by the City of Irondale, the Alabama Supreme Court ruled Friday.

In 2018 the city enacted a municipal ordinance creating a 1 percent occupational tax. The suit, brought by the board, aimed to prevent the tax from causing differences in teacher salaries across the county, said Attorney for the board Carl Johnson.

Publisher: al
Date: 2020-10-24T12:00:00Z
Author: Swhitesk
Twitter: @aldotcom
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