A new GOP bill, formally entitled the ‘Death Tax Repeal Act,’ would enable our super-rich to avoid both income and estate tax on their investment gains. [Cross-posted from Inequality.org] Under America’s current loophole-ridden tax law, rich people — even billionaires — can pass unlimited investment gains to their descendants without paying a dollar in income … Read more
This week, Phoenix Mayor Kate Gallego participated in two events designed to enhance the lives of children and their families. The Mayor first attended the opening ceremonies of the STEM Cafe Program for Phoenix area schools on March 28, 2023. The program, developed by School Connect in partnership with the City of Phoenix Youth and … Read more
A recent Washington Post op-ed by former Obama Administration Car Tsar Steven Rattner on some potential pitfalls regarding last years passed CHIPS Act cited potential difficulties with the Taiwan Semiconductor Manufacturing Company (TSMC) and its planned facility in Phoenix that is scheduled to open in 2024. President Joe Biden visited the TSMC site last December, … Read more
Dana Milbank writes at the Washington Post: Speaker McCarthy defaults — on his promises The IOUs Kevin McCarthy gave out to win the speakership are now coming due — and it appears the poor guy is going to default. The California Republican promised right-wing holdouts that he would deliver a budget that balances within 10 … Read more
In partnership with the Arizona Commerce Authority, Plug and Play, an international organization that specializes in assisting startups has announced they are setting up a presence in Phoenix. With 50 locations around the globe and ties to 50,000 organizations worldwide including Paypal, Hippo Insurance, Dropbox, Colgate, and Apply Board, Plug and Play will first work … Read more