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ECONOMY
Trump’s policies would cause inflation to surge, economists say
| June 27, 2024
If elected, Donald Trump has vowed to implement a 10% tariff on imports, deport undocumented immigrants who make up a huge percentage of the agricultural and construction industries, and cut corporate taxes. Experts say these plans would be inflationary and cost Americans thousands of dollars per year.
Big corporations are suing to block Biden’s efforts to lower costs
| June 5, 2024
From the cost of medication to education to everyday expenses, the Biden administration has passed several laws and implemented many federal rules taking on giant corporations, but big businesses are fighting tooth and nail to protect their profits.
Millions of Americans could file their taxes for free starting in 2025
| June 3, 2024
The IRS’ Direct File program was rolled out on a limited basis in 12 states this past tax-filing season and saved 140,000 taxpayers who used it an estimated $5.6 million in filing costs. Now, the agency is looking to expand it nationwide.
Senate Democrats call for industry-wide investigation into Big Oil amid price-fixing and collusion allegations
| May 31, 2024
Senate Democrats joined their House counterparts in calling for an industry-wide investigation into Big Oil collusion and price-fixing allegations, which they say cost US consumers at the pump while driving up corporate profits.
Josh Stein sues company over closure of Canton paper mill, alleging breach of contract
| May 29, 2024
In an interview with Cardinal & Pine, Canton Mayor Zeb Smathers said he believes that the county and town should receive most if not all of the $12 million, if it’s recovered by Stein’s lawsuit.