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DeSantis Declares Victory as Disney Is Stripped of Some 56-Year-Old Perks

Gov. Ron DeSantis of Florida gained control on Friday of the board that oversees development at Walt Disney World, a move that restricts the autonomy of Disney, the state’s largest […]




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How a Lobbying Blitz Made Sports Betting Ubiquitous

The association’s consultants predicted, for example, that Virginia could expect to collect an extra $57 million a year in tax revenue if it legalized mobile sports betting and applied a […]




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Will Taxing the Windfall Profits of Oil Giants Fix Countries’ Economies?

Major oil and gas companies have raked in multibillion-dollar profits at unheard-of levels. Households around the world are reeling from soaring energy prices, while governments are struggling with outsize spending […]




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How Private Equity Lobbying Watered Down the Corporate Minimum Tax

WASHINGTON — An hour after Democrats released the text of their climate and tax legislation, Washington lobbyists for the private equity industry sprang into action.With a final Senate vote nearing […]




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Analysis Deems Biden’s Climate and Tax Bill Fiscally Responsible

After more than a year of trying — and failing — to pack much of President Biden’s domestic agenda into a single tax-and-spend bill, Democrats appear to have finally found […]




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Officials Balked at a Drug Company’s Tax Shelter. Auditors Approved It Anyway.

The drug company Perrigo had a problem.Consultants at the giant advisory firm EY had devised an elaborate arrangement that would allow Perrigo, one of the country’s leading makers of nonprescription […]




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The Federal Government Subsidizes Abortions. Will That Last?

In the United States, you can get a tax deduction for your abortion if your overall health care expenses are high enough. That didn’t change with the Supreme Court’s ruling […]




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U.K. Announces Windfall Tax on Oil and Gas Profits

LONDON — The British government said it would use a windfall profits tax on oil and gas companies to help raise funds for direct payments to households, totaling about 15 […]




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Treasury Secretary Yellen Looks to Get Global Tax Deal Back on Track

“I think the reality of turning a political commitment into binding domestic legislation is a lot more complex,” said Manal Corwin, a Treasury official in the Obama administration who now […]




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Cities Try to Lure Factories as U.S. Pushes to Fix Chip Shortage

TAYLOR, Texas — The shortage of computer chips has zapped energy from the global economy, punishing industries as varied as automakers and medical device manufacturers and contributing to fears about […]