Category: Taxes

Little Caesars raises price of famous $5 pizza for first time

The pizza chain Little Caesars is bumping the price of its famous Hot-N-Ready pizza above $5 for the first time in a quarter-century, according to reports.

The price of the promotional pie, which was first introduced in 1997 through advertising shaker boards, is increasing by 11% to cost $5.55.

Biden administration pushes to raise rates for oil and gas drilling on public lands and waters, citing climate change

In an effort to boost revenue and protect the environment, the Biden administration on Friday laid out plans to make fossil fuel companies pay more to drill on federal lands and waters.

Biden banking nominee proud recipient of collegiate “Lenin Award”

Biden last week nominated Saule Omarova to lead the Office of the Comptroller of the Currency, which regulates national banks. Omarova in 2019 praised aspects of the Soviet Union’s economic system, calling the lack of a gender pay gap a “huge achievement” and an example of a flaw in capitalism.

Why Illinois is in trouble: 122,258 public employees earned $100,000+ costing taxpayers $15.8 Billion

Illinois public employees and retirees with $100,000+ paychecks grew from 109,881 (2019) to an all-time high of 122,258 in 2020 – costing taxpayers $15.8 billion.

Congressional “bailouts” made it possible. The recent $1.9 trillion American Rescue Act provided an additional $13.5 billion to Illinois state and local governments.

How will Biden’s climate plan affect everyday Americans

President Joe Biden’s ambitious plan to slash greenhouse emissions by 50 to 52 percent over the next decade could prompt sweeping changes that could affect how Americans eat, drive and heat their homes.

Biden announced the goal to cut emissions by 2030, compared with 2005 levels, at the start of a two-day climate summit on Thursday.

Pete Buttigieg says Biden weighing ‘mileage tax’ on drivers. ‘I think that shows a lot of promise’

U.S. Department of Transportation Secretary Pete Buttigieg said Friday President Biden is weighing a “mileage tax” on drivers as a way to help pay for his forthcoming infrastructure plan that could cost upwards of $3 trillion.

Payback time: Biden to propose first major tax hike since 1993

Joe Biden is planning to propose the first substantial federal tax hike since 1993 for Americans to help pay for his long-term economic program after he signed the largest stimulus package in U.S. history with a price tag of $1.9 trillion.

Four people familiar with discussion told Bloomberg that Biden is expected to propose a series of tax increases, including repealing parts of Donald Trump’s 2017 tax law that resulted in most Americans seeing more in their paychecks, to help fund the latest proposal.