Neither Trump nor Harris secures union backing

Neither Trump nor Harris secures union backing

The International Brotherhood of Teamsters on Wednesday announced it will not formally endorse a candidate in the 2024 presidential election, ending months of speculation about whether the labor union would back Republican Donald Trump or Democrat Kamala Harris. The union’s general executive board said in a statement that its member polling showed no majority support … Read more

Montana hot housing market heats up critical Senate race

Montana hot housing market heats up critical Senate race

MISSOULA, Mont. — In a subdivision near the northern edge of town, a number of condos and duplexes have popped up in the past three years. It’s part of a larger effort, including new zoning laws, to help provide affordable housing to Montanans who have found themselves priced out of the market, said DJ Smith, … Read more

Harris wants a 28% capital gains tax rate. How it compares with history

Harris wants a 28% capital gains tax rate. How it compares with history

U.S. Vice President Kamala Harris in Milwaukee, Wisconsin, U.S. August 20, 2024 and former U.S. President Donald Trump in Bedminster, New Jersey, U.S., August 15, 2024 are seen in a combination of file photographs.  Marco Bello | Jeenah Moon | Reuters As the election ramps up, many investors are focused on capital gains taxes and … Read more

What taxes may look like after 2025

What taxes may look like after 2025

With the presidential election approaching, experts are sounding alarms about the upcoming expiration of the 2017 Tax Cuts and Jobs Act, or TCJA. Without action from Congress, trillions in tax breaks enacted by former President Donald Trump via the TCJA will expire after 2025. The outcome of the 2024 election will determine which political party … Read more

Harris proposed 28% capital gains tax rate for top earners—what to know

Harris proposed 28% capital gains tax rate for top earners—what to know

Democratic presidential candidate Vice President Kamala Harris arrives at Portsmouth International Airport in Portsmouth, New Hampshire, Sept. 4, 2024. Joseph Prezioso | AFP | Getty Images ‘We don’t make any changes until the law has passed’ Currently, investors pay 0%, 15% or 20% for long-term capital gains, plus an extra 3.8% net investment income tax, … Read more

Harris capital gains tax plan softens Biden proposal

Harris capital gains tax plan softens Biden proposal

Vice President Kamala Harris boards Air Force Two at Joint Base Andrews in Maryland, Sept. 4, 2024. Erin Schaff | The New York Times | Via Reuters Vice President Kamala Harris on Wednesday proposed a 28% tax on long-term capital gains for households with an annual income of $1 million or more, lower than the … Read more

House Democrats ask Trump for proof he did not take $10 million ‘cash bribe’ from Egypt

House Democrats ask Trump for proof he did not take  million ‘cash bribe’ from Egypt

Republican presidential candidate Donald Trump, left, meets with Egyptian President Abdel Fattah el-Sissi at the Plaza Hotel in New York, Sept. 19, 2016. Dominick Reuter | AFP | Getty Images Democrats on the House Oversight Committee asked former President Donald Trump to show proof that he never received any money from Egypt, following a recent … Read more

Trump aide pushed’ Arlington cemetery employee, Army says

Trump aide pushed’ Arlington cemetery employee, Army says

Republican presidential nominee, former U.S. President Donald Trump lays a wreath alongside Marine Cpl. Kelsee Lainhart (Ret.) and and U.S. Marine Corps. Sergeant Tyler Vargas-Andrews (Ret.) who were injured at the Abbey Gate Bombing, during a wreath-laying ceremony at the Tomb of the Unknown Soldier at Arlington National Cemetery on August 26, 2024 in Arlington, … Read more

Trump campaign rally break as Harris, Walz, Vance travel

Trump campaign rally break as Harris, Walz, Vance travel

Republican presidential candidate former President Donald Trump speaks during a press conference at his Mar-a-Lago estate on August 08, 2024, in Palm Beach, Florida.  Joe Raedle | Getty Images Former President Donald Trump said Thursday that he plans to stay off the presidential campaign rally circuit until after the Democratic National Convention, which ends Aug. … Read more

Biden’s exit highlights age of U.S. politicians

Biden’s exit highlights age of U.S. politicians

President Joe Biden, age 81, ended his 2024 reelection bid as concern for his vitality mounted within the Democratic Party. “There are cognitive issues,” said former Senator Bob Kerry, D-Neb., in a July interview with CNBC. The issue of aging lawmakers in the U.S. extends well beyond the presidency. At the start of the 118th … Read more