As Congress was starting to debate its reconciliation bill in earnest back in March we wrote about a proposal to eliminate the tax exemption provisions for certain credit unions. Credit Unions’ tax-exempt status was established in The Federal Credit Union ...
Read MoreCategory Archives: Taxes & The Economy
A loophole in the U.S. tax code allows foreign interests to pour billions into our legal system through a scheme known as Third Party Litigation Funding. These groups bankroll lawsuits, often frivolous, with the sole aim of securing a settlement. ...
Read MoreAs part as of current budget reconciliation package, the U.S. Senate is currently considering a proposal to impose a 3.5% tax on personal money transfers sent abroad. The House of Representatives already approved the measure. While the measure is meant ...
Read MoreThe U.S. Chamber of Commerce is hosting events around Small Business Day today to kick off the start of Small Business month. Small businesses remain the economic engine of the United States. In fact, from 1995 to 2021, for example, ...
Read MoreLast week HLF was lucky enough to attend a summit focused on “Redefining Retirement.” The event was hosted by investment management firm BlackRock, the Bipartisan Policy Center, and Semafor. Speakers ranged from elected officials, corporate leaders, small business owners, union ...
Read MoreOne of the ongoing conversation on Capitol Hill is the extension of the 2017 Tax Cuts & Jobs Act, including how to structure legislation so to “pay for” (as many describe it) the tax cuts. One revenue raiser that has ...
Read MoreThe Senate is in the midst of hearings on a number of important Executive Branch positions Robert F. Kennedy Jr.’s nomination to lead the Department of Health and Human Services (HHS). The head of HLF last week wrote an opinion ...
Read MoreFor what feels like the hundredth time, the Judiciary Committee in the U.S. House of Representatives is holding a hearing today over environmental, social and governance (ESG) spending in the private sector, seeking to review whether “current antitrust laws are ...
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