Page 2 - Widget Maker News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Widget maker. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Widget Maker Today - Breaking & Trending Today

MSNBC Stephanie Ruhle Reports June 4, 2024 13:45:00

Propublica investigative reporter. our tax code allows sports team owners to take deductions on team assets, like their cars that depreciate in value. you don t get to deduct your car. walk me through how this works. so the original idea, right, is if you have a widget factory, you purchase a widget-making business, you know, over time the assets that make up that business, the widget conveyor belt, the widget maker, are going to break down and you re going to have to replace them. they lose their value. so for sports teams, though, the assets are media deals and player contracts and franchise rights. these are assets that sort of automatically regenerate and not only do they not lose value, they typically rise in value. but nonetheless, owners are able ....

Tax Code , Team Assets , Propublica Investigative Reporter , Widget Making Business , Widget Factory , Sports Teams , Conveyor Belt , Widget Maker , Media Deals , Franchise Rights ,

Detailed text transcripts for TV channel - FOXNEWS - 20171126:15:36:00

Made on the pass through rules and sense a for johnson, he s been outspoken in the need to make sure we re delivering more relief for small businesses. i think that we should be treating people who would be in the personal service space more like the person who maybe say a widget maker and where you have a 39.6% bracket and you re a new yorker and in the personal service occupation, then when you look at losing your largest item of the state and local tax deduction, if you had a mortgage interest deduction cap of 500, you don t have any more medical expense deduction but and then on top of that the pass through rules aren t applying to you because you are in personal service, then you ll see a big tax increase and then there s also the big impact important for middle income americans as well, when you start talking about district like mine and you had congressman king on which is half of my district itemizes and uses state and local tax ....

Ron Johnson , Game Pass , Sense A , New York , Tax Deduction , Widget Maker , 39 6 , Mortgage Interest Deduction Cap , Tax Increase ,