It’s not just California’s billionaire tax. Wealth is on the ballot in the midterm elections.
Several states are dealing with ballot measures tied to taxing the rich — and there may be even more initiatives on this front in 2028.
Several states are dealing with ballot measures tied to taxing the rich — and there may be even more initiatives on this front in 2028.
The urban air mobility market is rapidly ascending as electric aircraft near commercial launch. Investors are debating whether Archer Aviation (ACHR -5.44%) or Joby Aviation (JOBY -5.51%) is the better long-term bet. Collapse ACHR & JOBY: Performance Comparison Key Financial Metrics ACHR – Archer Aviation $4.69 –5.44% (–$0.27) JOBY – Joby Aviation $5.14 –5.51% (–$0.30)…
The costs of remodeling your home can add up quickly, and they can even be exorbitant, depending on the project you take on. According to Remodeling Magazine’s 2019 Cost vs. Value study, a minor kitchen remodel would set you back $22,507 this year, replacing a roof with asphalt shingles costs an average of $22,636, and…
Bloomberg has entered into a definitive agreement to acquire Canoe Intelligence, an artificial intelligence-powered data management and intelligence platform focused on private markets data collection and delivery, for an undisclosed amount. The acquisition is part of Bloomberg’s long-term strategy to deliver data and analytics tools for investors across public and private markets. According to the…
Cities are spending aggressively to compete for economic growth and cultural relevance. They build entertainment districts, recruit employers, subsidize major developments, and launch branding campaigns designed to attract people to them. While governments turn their eyes to more traditional economic sectors, like technology or manufacturing, they are overlooking a key place-based industry that can’t be…
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has given relief to a taxpayer by allowing the benefit of the Section 87A rebate on tax payable on short-term capital gains (STCG) from equity shares. The dispute was about whether a taxpayer can claim the Section 87A rebate when a part of their income…
PB Fintech’s core online insurance business could see a nearly 30 per cent hit to revenue under the insurance distribution reforms proposed by the Insurance Regulatory and Development Authority of India (Irdai), putting pressure on the company’s earnings and valuation, analysts said. The online insurance distributor, however, has several levers to mitigate the impact,…