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.
With one day left, Democratic presidential nominee Joe Biden maintains a strong lead nationally over President Trump, though his margin narrowed in the final days of the race.
A federal judge has rejected a last-ditch Republican effort to invalidate nearly 127,000 votes in Houston.
For some historically Black colleges and universities, the impact of coronavirus is hitting especially hard and compounding existing financial woes.
Speaking early Monday at a campaign rally in Opa-locka, Florida, Trump expressed frustration that the surging cases of a virus that has killed more than 231,000 people in the United States remains in the news, sparking chants of “Fire Fauci” from his supporters.
While snapping a selfie with a sealed envelope is perfectly legal, memorializing your marked ballot with a photo can be against the law in some states.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Former White House communications director, Anthony Scaramucci, joined Cheddar to discuss Biden versus Trump in the 2020 election.
More than 9 million ballots have been cast as of Friday in the nation’s second most-populous state, exceeding the 8.9 million cast in 2016,
Each state has different rules on when it's allowed to start counting early ballots. That is going to produce results coming in at very different times — perhaps days or even weeks after Election Day.
Following today's big tech hearing, former Virginia Senator Barbara Comstock, joined Cheddar to discuss the government's role in regulating the industry and why it is bad for business.
