Economic Policies

Can Biden's $5 Trillion Tax Plan Address Inequality and Spur Growth?
Economy Can Biden's $5 Trillion Tax Plan Address Inequality and Spur Growth?

Vice President Kamala Harris recently endorsed President Joe Biden's ambitious proposal for $5 trillion in tax hikes, a plan that has sparked notable concern among financial elites and investors. These stakeholders fear the plan might drift too far to the left, particularly with its focus on

September 10, 2024
Why Are Tax Compliance Costs Soaring for Large Corporations?
Economy Why Are Tax Compliance Costs Soaring for Large Corporations?

Tax compliance costs for large corporations have surged dramatically in recent years, creating significant financial and administrative challenges. Multinational companies, in particular, are finding it increasingly difficult and expensive to navigate intricate regulations imposed by the evolving

September 6, 2024
Biden Expected to Block Nippon Steel's $14.9 Billion U.S. Steel Deal
Economy Biden Expected to Block Nippon Steel's $14.9 Billion U.S. Steel Deal

The impending decision by President Joe Biden to block Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel is a matter of significant consequence. This anticipated move is poised to impact numerous aspects, ranging from national security and labor union dynamics to geopolitical

September 6, 2024
Biden Faces Pressure as U.S. Steel Deal Stirs National Security Debate
Economy Biden Faces Pressure as U.S. Steel Deal Stirs National Security Debate

President Joe Biden is on the brink of making a pivotal decision that could prevent Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel, a move with sweeping implications for the nation’s security, economic policies, and political strategy. The industrial Midwest, in particular, b

September 5, 2024
Could a Financial Transaction Tax Fund Major Public Investments?
Economy Could a Financial Transaction Tax Fund Major Public Investments?

The proposal to establish a financial transaction tax (FTT) on Wall Street trades has gained traction as a potential means to generate significant revenue and foster economic fairness in the United States. This tax, which would apply to stock, bond, and derivative transactions, has the potential to

August 22, 2024
Can World Bank’s $1B Aid Transform Ghana's Economy before 2024 Elections?
Economy Can World Bank’s $1B Aid Transform Ghana's Economy before 2024 Elections?

As Ghana grapples with severe economic challenges, the World Bank has stepped in with a significant financial commitment: a $1 billion aid package to be disbursed over the next 12 months. This financial lifeline aims to stabilize the economy and bolster private businesses. The timing is pivotal,

August 22, 2024
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