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Corporate taxes

What the pro-business tax agenda is chasing in a changing Congress 

Sunrise hits the U.S. Capitol dome on September 30, 2021 in Washington, DC.Chip Somodevilla | Getty Images News | Getty ImagesMain Street could find itself stuck in gridlock next year in terms of advancing pro-business tax objectives.For House Republicans, legislative priorities are likely to include extending business-friendly provisions of The Tax Cuts and Jobs Act, passed by the Trump Administration in 2017. Even so, a divided Congress means that major pro-business legislative changes will be difficult to enact. This…

As number of billionaires climbs, new calls for wealth taxes emerge

A mobile billboard calling for higher taxes on the ultra-wealthy depicts an image of billionaire businessman Jeff Bezos, near the U.S. Capitol on May 17, 2021 in Washington, DC.Drew Angerer | Getty ImagesA new billionaire was created on average about every 30 hours during the Covid-19 pandemic, according to a new report by Oxfam, a global charity focused on eliminating poverty.Now, 573 more people around the world can claim billionaire status compared to 2020 when the pandemic began, for a current total of 2,668…