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The GOP bill includes a much higher levy on schools’ endowment income, potentially spurring a big shift in where billions of ...
Inheritance and estate taxes, often referred to as "death taxes," vary significantly across the United States. Federal estate taxes apply only to the wealthy, with estates exceeding $13.61 million in ...
The House-passed version of President Donald Trump’s tax and spending bill would add $2.42 trillion to US budget deficits ...
As sales of electric vehicles continue to grow in 2025, many new and prospective customers have questions about qualifying for a federal tax credit on ... with the US. Following months of ...
But Trump’s tax cuts could also increase the deficit, and investors might demand higher interest rates to hold US debt. Alan Auerbach, a professor of economics at UC Berkeley, told CNN that he ...
There are many advantages for foreign founders to move operations to the US, including venture capital (VC) financing and customer base expansion. However, many tax considerations exist for ...
Bessent noted that allowing the cuts to sunset would result in a“crushing $4 trillion tax hike” – the largest in US history.
Mexican President Claudia Sheinbaum has denounced a provision in a tax bill being considered in the United States Congress that would impose duties on remittances — a term used to describe the ...
Canadian Prime Minister Mark Carney has pledged to match Trump’s auto tariffs by placing the same 25-percent tax rates on vehicles imported from the US, and French President Emmanuel Macron ...
If the bill passes, it would lift the tax on investment income for some of the biggest endowments from 1.4% to 21%, in line with what U.S. corporations pay. Other schools would see their taxes ...
U.S. House Republicans' plan to raise taxes on university endowments could drive the biggest shift to endowments' investment strategies in a generation, reported The Wall Street Journal on Tuesday.