State Ballot Roundup: California, Maine Voters Approve HNW Surtax
In addition, voters in four cities approved sugary soda taxes while Colorado overwhelmingly rejected a tax-funded universal health care plan.
Valliere: President Trump Is a 9.0 ‘Policy Earthquake’
Washington analyst Greg Valliere says that the policy changes Trump and Republicans will pursue “will be staggering.”
Trump’s Campaign Pledges Would Slash Some Nonprofits: Philanthropy Report
Caps on deductions and slashed spending would cut many charities to the bone, according to The Chronicle of Philanthropy.
Trump’s Plan Aims to Repeal Estate Tax, AMT
Trump needs to iron out some details of his tax plan with House GOP’s plan; with size being the obvious difference, says Tax Foundation.
Trump’s Victory Will Reshape Financial Rules, Supreme Court
Trump’s victory could be a gift to banks that loathed a continuation of the Obama administration’s regulatory and enforcement policies
15 U.S. Companies With Highest Tax Rates: 2016
The average overall tax rate that S&P 100 companies pay is around 28%, but many pay at higher rates
The State of Retirement for Small Business Owners: Not Good, Says BMO
Three-quarters of small business owners have less than $100,000 saved for retirement, a survey by BMO Wealth Management found.
On the Ballot: Key State and Local Tax Proposals
In several states, Election Day will mean more than choosing a president, it will involve voting on initiatives to increase state or local taxes.
Kansas Ends Bad Economic News by Not Reporting It
The Kansas governor canceled a report meant to measure the economic growth results of his likely failed tax cutting strategy.
Valliere: Zero Chance of Tax Hike if GOP Retain House
A President Clinton would have an “innocuous” effect over all on the markets, though positive for defense stocks; negative on pharma.