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USA Property

Why local governments might hike incomes taxes after property tax reform

Watch: Indiana public school teachers rally at Indiana StatehouseShaina Terano, a teacher at Belzer Middle School in Lawrence Township, discusses what her students could lose with SB 1, the proposed property tax reform bill.Indiana's SEA 1 will provide property tax relief to homeowners and businesses, with businesses receiving the largest cuts.Local governments can offset property tax revenue by increasing income taxes. That could mean some families pay over $1,000 more per year on income taxes.Cities across Indiana are evaluating the impact of SB 1 and considering measures like hiring freezes...
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AI investments see more than twofold rise in 2025 in India

Organisations in India are set to ramp up their investments in artificial intelligence, with AI spending expected to grow 2.7 times in 2025, of overall IT spends, according to the Lenovo-IDC CIO Playbook 2025 survey.At the forefront of this surge is generative AI, which is projected to command 43% of overall AI implementation spends next year, the report reveals.In terms of function-wise adoption, sales takes the lead in GenAI deployments across Indian enterprises. Marketing follows closely as the second most active area, while software development ranks third, highlighting the growing role of AI in both customer-facing and...
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Top 10 countries spending the most on AI (2025): India’s position revealed

Top 10 Countries by Total AI Investment: Artificial Intelligence (AI) is here — so is the future. The AI global market grew to USD 279.22 billion in 2024 and is forecast to grow at a CAGR of 35.9% from 2025 to 2030 (Grand View Research). Driving the next technology revolution, private AI investment globally has consequently grown substantially in the last decade as countries position themselves for the future. Story continues below this ad Global Private Investment in AI (2013-24): It increased by 44.5% between 2023 and 2024, the first...
USA Property

Florida House tax plan ensnares tourism industry amid DeSantis spat

House and Senate budget and tax cut negotiators are running out of time to reach a deal and end the legislative session on time.Local cheerleaders with Special Olympics show their skills at CapitolSpecial Olympics athletes demonstrate their cheerleading skills during Annual Law Enforcement Torch Run and ceremony at Capitol courtyard.The House and Senate disagree on tax cut plans, with differing approaches and overall amounts.The legislative session's deadline is approaching, with budget and tax cut negotiations still ongoing.One of Gov. Ron DeSantis’ main gripes with the House in his ongoing feud...
USA Property

Here’s what you need to know about property taxes and inflation rates

Ty Tagami  |  Capitol Beat News ServiceHow do billionaires avoid paying taxes? Here's what we know now.The super wealthy can afford to avoid paying taxes, but how? Here's what we know now.Georgia voters approved a constitutional amendment to curb property tax increases by tying them to inflation.Most cities and counties adopted the amendment, but the majority of school districts, which receive the largest share of property taxes, opted out.A new law gives local governments until the end of April to reconsider, but school districts face challenges due to rising education...
Stock Market

50501 Movement protests vs. Trump, Musk, tariffs planned in Oregon

Video: Scenes from protest in EugeneCrowds of thousands of people showed up Saturday for a protest outside the Eugene City Hall.Hundreds of protests organized by the 50501 Movement are planned nationwide on April 19, including several in Oregon.The protests aim to address concerns about the Trump administration, including cuts by the Department of Government Efficiency, stock market impacts, immigration and cost of living.The 50501 Movement is a grassroots initiative started on social media, advocating for sustained resistance against the Trump administration.Hundreds of protests are planned across the country April 19...
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Whitmer slams Trump tariffs in DC speech, discusses economy

Gov. Gretchen Whitmer agrees with Donald Trump on manufacturing, not widespread tariffsMichigan’s Governor Gretchen Whitmer delivered a speech in Washington, D.C. for “Build, America, Build."Michigan Gov. Gretchen Whitmer criticized President Trump's tariff policy as a "blunt tool" that threatens economic "paralysis".Whitmer advocated for a strategic approach to re-industrialization, focusing on industries like shipbuilding, aircraft manufacturing, and semiconductor chips.She highlighted the negative impact of tariffs on Michigan's auto industry, citing job losses and higher costs.Gov. Gretchen Whitmer on Wednesday blasted President Donald Trump's indiscriminate use of import tariffs as threatening economic...
USA Property

Texas plans to spend $51 billion on property tax cuts

Joshua Fechter and Jasper Scherer, The Texas Tribune  |  Wichita Falls Times Record NewsProperty tax cuts aren’t free. In fact, they’re costing Texas a fortune.The Texas House is considering a budget that would shell out $51 billion — 15% of the state's total two-year spending plan — to maintain and provide new property tax cuts. That number, more than the state allocates to transportation or higher education, is making even some Republicans nervous about the state’s ability to afford the tax relief if there’s an economic downturn.If it were its...
Stock Market

VIX index predicts future stock market changes. Here’s how it works.

Stock market uncertainty from President Donald Trump’s tariffs has even casual investors anxiously watching the VIX, commonly called Wall Street’s panic index or fear gauge.The Chicago Board Options Exchange Volatility Index – known as VIX – measures market expectations of stock price changes over the next 30 days, according to Cboe Global Markets, which manages the index.Investors use it to anticipate how stocks will react in stressful economic times, including those caused by tariffs. If VIX activity goes up, the stock market will probably go down.On April 7, the index...
Stock Market

What is causing the stock market to drop? Should I pull my money out?

President Donald Trump riffs on 'old fashioned term' groceriesAfter announcing global tariffs, President Donald Trump riffed on the word "groceries," calling it an "old fashioned" and "beautiful term."President Trump imposed new tariffs on imports, causing investors to worry about a recession.Arizona stocks are mixed, with some companies down sharply and others flat or slightly higher.Investors are advised not to panic and to consider adjusting their investment mix if they are concerned about volatility.Stock markets in the U.S. and around the globe took a beating with the news that President Trump...
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