Searchable News & Info From Reliable Online Sources.
- Washington’s proposed millionaire tax sparks concerns of broader levy, ‘damage’ to...
Washington state GOP Chairman Jim Walsh is pushing back against Gov. Bob Ferguson's proposed "millionaire tax," warning that it could affect more than the state's wealthy residents.The millionaire’s tax was proposed in late December when Ferguson announced his support for a new 9.9% income tax on residents earning over $1 million per year ahead of the 2026 legislative session. It doesn't include people whose net worth reaches that amount based on the value of their home, for instance.Ferguson's office sent out his proposal saying that the state ranks next to last for fairness and equality in the nation's tax system. The governor said that families whose income is in the bottom 20% pay 13.8% of their total income in taxes, while those whose income is in the top 1% pay only 4.1% of their income.Ferguson is now pushing for the state to "rebalance this unfair system and return money and… ...[TheTopNews] Read More.29 mins ago - Greenland ‘will stay Greenland’, former Trump adviser declares
Donald Trump's former chief economic adviser said the US president's actions are a negotiating tactic. ...[TheTopNews] Read More.53 mins ago - Are ‘tech dense’ farms the future of farming?A host of technology is on offer to farmers, promising to raise farming yields and lower food prices. ...[TheTopNews] Read More.53 mins ago
- Klarna CEO calls credit cards interest rates an ‘extraction machine,’ backs Trump’...Klarna CEO Sebastian Siemiatkowski expressed support for President Donald Trump’s push to cap credit card interest rates at 10% during an interview with "The Claman Countdown" Monday, despite opposition from much of the banking industry."Revolving credit card interest is nothing but an extraction machine," Siemiatkowski said. "I think that President Trump is super wise and willing to take on the banks on behalf of the U.S. consumers."President Trump has called for a 10% cap on credit card interest rates. Tuesday marks the deadline for credit card companies to respond to the proposal.THIS BLACK FRIDAY, DON’T LET ‘SWIPEFLATION’ SWIPE $1,400 OF YOUR HOLIDAY CASHFOX Business host Liz Claman noted that a federal cap like this would likely require Congress to pass legislation for it to be legally enforced.But the Klarna CEO argued that American consumers are increasingly fed up with the industry’s "unfair" practices."They are tired of these tricks that the… ...[TheTopNews] Read More.1 hour ago
- At a Seattle Port Rocked by Tariffs, There Were 70 Jobs for 600 Workers
Dock workers are used to uncertainty, but nothing since the Great Recession of 2008 compares to what they have experienced this year. ...[TheTopNews] Read More.1 hour ago - Nome, Alaska Is Now Key to Trump’s Global AmbitionsNome, population 3,700, is accessible only by plane outside a few months when boats can pass through. But it will be the home of the nation’s only deepwater Arctic port. ...[TheTopNews] Read More.1 hour ago
The Searchable USWebDaily.com and TheTopNews NewsBank Helps You Be Better Informed, Faster! Spread The Word.
