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.
The director of "Selma,""13th," and "When They See Us," Ava DuVernay, is working to empower other artists to create works to keep law enforcement accountable as police brutality protests have gathered steam throughout the world.
In the midst of a national protest movement calling for an end to systemic racism in the criminal justice system, the idea of celebrating the end of slavery as a national holiday is gaining momentum among political leaders, activists, and corporate head-honchos alike.
NBA Executive, Michele Roberts joins Cheddar to talk discuss being the first woman and person of color to join Cresco Labs' board of directors. Roberts has also been instrumental in the return of the NBA season amid the coronavirus pandemic.
The Tennessee senator is getting behind an effort to reform Section 230 of the 1996 Communications Decency Act, which protects online services from legal liability for what users publish on their platforms.
Louisville's mayor said Friday that one of three police officers involved in the fatal shooting of Breonna Taylor will be fired.
Facebook removes Trump campaign ads after Nazi's symbols were depicted. Cheddar's Michelle Castillo reports.
Cheddar's Need2Know Podcast for Fri., June 19, 2020.
Long-term U.S. mortgage rates fell this week as the benchmark 30-year home loan reached a new all-time low.
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, a historically high number, even as the economy increasingly reopens and employers bring some people back to work.
The Supreme Court has rejected President Donald Trump’s effort to end legal protections for 650,000 young immigrants, a stunning rebuke to the president in the midst of his reelection campaign.
