A 15% global minimum corporate tax rate would be a “very significant step forward” that leaves countries enough margin to compete, Organization for Economic Cooperation and Development Secretary General Mathias Cormann said. Read More.
Tesla billionaire Elon Musk, the meme-loving CEO who also leads rocket company SpaceX, has ramped up his support of "joke" cryptocurrency dogecoin in recent months. Read More.
Texas—In a November 2019 election, 76% of Texas voters approved the constitutional amendment to prohibit Texas from imposing any income tax. Read More.
The White House continues to receive heavy pushback on the proposed corporate tax hike that accompanies President Biden’s infrastructure spending plan. Read More.
The Internal Revenue Service issued more than 4.4 million Economic Impact Payments last year totaling more than $5.5 billion to potentially ineligible people, according to a new report.
Read More.