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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...
Stock Market

Anti-Trump protests in U.S. near 700 on Saturday; see why, where in NJ

Protesters in Toms River rally against Trump policies: 'Hands Off'Demonstrators gathered in front of the U.S. Department of Veterans Affairs building on Hooper Avenue to express their concerns about Trump's policies.Hundreds of protests are planned across the country Saturday to push back against what organizers and supporters argue is a dangerous Trump administration.Organized by the 50501 Movement, a grassroots initiative born on social media, nearly 700 protests are planned April 19 as a "sustained resistance in order to make a difference." The group is hoping to keep the momentum following...
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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

How much has the stock market fallen since Trump took office?

President Trump calls tariffs 'medicine' as stock market plungesPresident Donald Trump spent the weekend at a golf tournament in Florida as the stock market continued to plunge.The mass tariffs President Donald Trump announced last week sent the stock market tumbling.The S&P 500 and Nasdaq are now in a bear market.Economist and financial institutions are even more concerned about the possibility of a recession in the U.S.President Donald Trump's mass tariffs have sent the stock market tumbling in recent days and has sparked vocal concerns from economists and financial institutions over...
Stock Market

What should I do with my 401(k)? What to know amid stock market drop

People on Wall Street react to sinking stocks from tariffsPeople on Wall Street reacted to the stock market downturn from Trump's tariffs announcement with a mix of worry and optimism.Stock markets in the U.S. and around the globe have dropped since President Donald Trump introduced tariffs on most imports, causing Americans to rethink their financial investments.After the opening bell on Wall Street on April 3, the Dow fell sharply in early trading and did not rebound later in the day, mirroring global markets and adding to the jitters for many Americans.The...
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...
USA Property

DeSantis wants property tax relief for Florida homeowners. See plan

DeSantis wants repeal of red flag laws and supports open carryDeSantis wants repeal of red flag laws and other restrictions on Second Amendment RightsFlorida Governor Ron DeSantis has proposed a plan to eliminate the state's portion of property taxes for homeowners.DeSantis argues that tourists and non-residents should bear a larger share of the tax burden.The Florida Legislature is currently in session and must reach an agreement on the state budget before adjourning on May 2.Could Florida property taxes be a thing of the past soon? Gov. Ron DeSantis thinks so.At...
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