Michigan's medical marijuana dispensaries face a tough situation. They can't claim tax deductions like their recreational counterparts. This is because of a recent court decision. The Michigan Court of Appeals ruled against Cannarbor Inc. The company tried to deduct business expenses from its state
Hollywood's commercial production crews are facing a tough time. Work is drying up, and many are looking elsewhere for opportunities. Diane McArter, who runs Furlined, a company that produces ads for big names like Apple and Eli Lilly, is one of those affected. She's been traveling a lot lately, sho
Somerville is making a bold move to attract a big company. The city is thinking about giving up to $18 million in tax breaks. This is for a company that wants to move into a huge lab building. The building is already built and has 500, 000 square feet of space. This deal is called a TIF agreement.
President Donald Trump's recent tax bill, a massive 900-page document, has left a trail of winners and losers. While the bill includes tax cuts for the wealthy and increased funding for immigration enforcement, it also contains some surprising perks for specific industries. Private jet owners, for e
A recent law signed by President Trump has sparked concerns among health and environmental experts. The bill, which focuses on tax breaks and spending cuts, includes significant changes to Medicaid and environmental policies. First, let's talk about Medicaid. The new law imposes work requirements f
The recent budget bill's approval has ignited a firestorm of criticism from Democrats. They argue that this bill favors the wealthy while neglecting the needs of ordinary Americans. The bill's passage, with minimal Republican dissent, has been called "not normal" by some. The bill's impact on healt
The Senate is working through the weekend. Republicans are trying to pass a big tax and spending bill by July 4th. This is President Trump's plan. The bill is huge, with 940 pages. It includes tax cuts and spending reductions. But not everyone in the GOP agrees with the cuts, especially to Medicaid
The federal government is in a tough spot. The national debt is climbing, and the recent tax and spending cuts passed by the House could add over $5 trillion to it in the next decade. The White House is betting on economic growth to shrink these deficits, but not everyone is convinced. The Committee
Imagine this: Ohio lawmakers might give big-league sports teams like the Bengals and Browns a big tax break next year. This could cost taxpayers millions. Two House members, one from Cleveland and one from Xenia, want to stop lame-duck sessions, where quick decisions are made right before lawmakers
The new chairman of the Senate Finance Committee, a Democrat from Oregon named Ron Wyden, had something to say about the Republican plans. He believes that their idea to cut Medicaid and federal food assistance to pay for tax breaks for the rich is exactly what we can expect from the new Republican
