NATIONAL ECONOMY
High food prices are hurting Texas families. Here’s what Kamala Harris has proposed to lower costs.
| September 10, 2024
The vice president has said that she will call on Congress to pass a federal ban on price gouging and give the Federal Trade Commission more authority to prevent consolidation in the food industry.
Kamala Harris proposes plan to make it easier for Texans to start small businesses
| September 5, 2024
2024 ELECTIONS | ECONOMY | NATIONAL NEWS | national politics | SMALL BUSINESS | TEXAS | Texas Lead Story
Harris has proposed expanding a tax deduction for costs that are incurred while starting a business, creating a new fund that would allow the country’s smallest banks to cover the interest accrued on loans to new businesses, and more.
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.
Sick of absurd Ticketmaster prices? Biden’s DOJ is going after them
| May 23, 2024
The lawsuit is backed by attorneys general for 29 states plus Washington, D.C., and alleges that Live Nation leveraged its power as a venue owner, concert promoter, and ticket seller in order to lessen consumer choice, raise prices, and eliminate its rivals.
The super rich and big corporations to face more scrutiny from Biden’s IRS
| May 13, 2024
Using an infusion of funds provided by President Biden’s Inflation Reduction Act, the IRS has already collected more than $520 million from 1,600 millionaires who had unpaid tax bills of more than $250,000.