Elon Musk could become world’s first trillionaire
Elon Musk is on track to become the world’s first trillionaire by 2027, according to a recent report from Informa Connect Academy. Of the world’s billionaires, Musk is the closest …
Taxes
Trump’s tax cuts could expire after 2025. How advisors are preparing
Republican presidential nominee former President Donald Trump attends a rally at the site of the July assassination attempt against him, in Butler, Pennsylvania, Oct. 5, 2024. Brian Snyder | Reuters …
Proposition 5 will help Bay Area face its biggest challenges
Click here for a complete list of our election recommendations. Our Bay Area is known for its beautiful landscapes, dynamic communities, economic strength and innovative spirit. But serious challenges threaten …
Proposition 5 would turbo-charge tax hikes, increase local debt
Click here for a complete list of our election recommendations. Before Proposition 13 was passed overwhelmingly by voters in 1978, property tax bills were fatal. Howard Jarvis, namesake of the …
What to do with required withdrawals when you don’t need the money
Skynesher | E+ | Getty Images For some retirees, the deadline to take required withdrawals from retirement accounts is approaching — and those who don’t need the money have options, …
Taxpayers in California and 23 other states will be able to file their returns directly with the IRS in 2025 – The Mercury News
WASHINGTON — The IRS is expanding its program that allows people to file their taxes directly with the agency for free. The federal tax collector’s Direct File program, which allows …
Mystery surge in California tax revenue points to tech companies like Nvidia – The Mercury News
This July, the Finance Department said it collected about $1.4 billion in corporate taxes, nearly three times the agency’s forecast of $500 million. In June, corporate taxes were $263 million …
Economists say policy is suppressing growth
Between 1979 and 2024, productivity in the U.S. soared by 80.9%, while hourly pay grew by just 29.4%, according to research by the Economic Policy Institute. This trend has often …
Prop 35 harms the very communities it promises to help
Despite Proposition 35’s promises to help fix the health care crisis in California, this measure would undo the investments vulnerable people need. We, a health care advocate for underserved communities …
Trump threatens John Deere with 200% tariff if moves production to Mexico
Republican presidential nominee former President Donald Trump speaks at a campaign event at a farm, Monday, Sept. 23, 2024, in Smithton, Pennsylvania. Alex Brandon | AP Former President Donald Trump …