Sunday, August 30

Tag: corporate tax

President Trump Announces American Nuclear Innovation Initiative to Expand U.S. Energy Leadership
Domestic Policy

President Trump Announces American Nuclear Innovation Initiative to Expand U.S. Energy Leadership

President Donald Trump announced a new American nuclear innovation initiative aimed at accelerating advanced nuclear technology, expanding domestic energy production, and strengthening U.S. competitiveness in next-generation power generation. The announcement, made at the White House alongside senior administration officials and nuclear industry leaders, underscores the administration's strategy of increasing reliable energy supplies to support economic growth and rising electricity demand. According to a report by The White House, President Trump outlined his administration's vision for advancing nuclear innovation through closer cooperation with government agencies and private-sector developers during remarks delivered on July 24. What Happened The Trump nuclear innovation annou...
NY Dems Push Corporate Tax Hike to Address Mamdani Budget Deficit
Economy & Tax Policy

NY Dems Push Corporate Tax Hike to Address Mamdani Budget Deficit

What Happened New York Democrats are pushing a corporate tax hike to address a projected $5.4 billion NYC budget deficit tied to Mayor Zohran Mamdani’s fiscal plans, signaling growing support in Albany despite resistance from state leadership. According to a report by New York Post, lawmakers aligned with Assembly Speaker Carl Heastie and Senate Majority Leader Andrea Stewart-Cousins are increasingly backing higher taxes on businesses as a politically viable solution. Key Details Growing Support in Albany Lawmakers say there is a “huge appetite” for raising corporate taxes at both the city and state levels. These proposals are being considered as one of the most viable ways to generate billions in revenue and support expanded public programs. Scale of the Deficit T...