Early Wednesday morning the Senate passed its tax reform bill, hours after it was sent back to the House for a re-vote. Romina Boccia, Deputy Director at The Heritage Foundation, joins Cheddar to discuss how the bill will impact small companies and what she wishes was included in the legislation.
She predicts there will be more foreign direct investments into American companies, which will drive wages and create jobs in the U.S. It will encourage major corporations to move their headquarters to America. The corporate tax rate will drop from 35% to 21%, bringing American closer to the world's average, she says.
Plus, many are concerned about the removal of the state and city tax deduction. Boccia explains you can still deduct up to $10,000 with the cap now. She says only very wealthy individuals will feel an impact.
India’s official death toll has passed 200,000, but the true number is likely far higher.
MindMed CEO J.R. Rahn spoke to Cheddar about the psychedelic mental health therapy company taking the big step forward going public on the Nasdaq exchange.
President Joe Biden spent his first 100 days in office encouraging Americans to mask up and stay home to slow the spread of COVID-19.
U.S. health officials say fully vaccinated Americans don't need to wear masks outdoors anymore unless they are in a big crowd of strangers.
Car culture in the U.S. spurred a parking boom since the early 1900s. As a result, cities are chock full of parking lots and garages. Cheddar explains why this happened and the often unseen damage it's doing to our urban centers.
Jill and Carlo talk about optimism on the pandemic and economy, a big demographic shift that will have implications for the midterms, Apple rolling out its new privacy tool, and the Oscars ratings.
The first numbers from the 2020 census are out and they show Republican-controlled Southern and Western states gaining congressional seats.
While much of the world remains hunkered down, the band Six60 has been playing to huge crowds in New Zealand, where social distancing isn’t required after the nation stamped out the coronavirus.
The White House says the U.S. will begin sharing its entire stock of AstraZeneca COVID-19 vaccines with the world once it clears federal safety reviews.
Even before COVID, Modern Monetary Theory (MMT) was coming into vogue among left-leaning economists and policy-makers. But what is it? And what are the arguments for and against it?
