By Brian Figeroux, Esq. The structure of a nation’s taxation system has significant implications for economic growth, trade, and income distribution. One radical fiscal policy proposal is replacing income tax with increased tariffs on imports. While this approach could simplify tax collection and potentially promote domestic industries, it also carries substantial risks, including inflation, trade […]
By Bedassa Tadesse, THE CONVERSATION | Editorial credit: bella1105 / Shutterstock.com Get ready to pay more for avocados, maple syrup and – well – almost everything. The U.S. officially imposed new 25% tariffs on Canada and Mexico on March 4, 2025, following through on a long-delayed pledge from President Donald Trump. American consumers and businesses are now bracing for higher costs and potential supply […]
By Greg David, THE CITY On-and-off taxes on imports from China, Mexico and Canada make planning difficult and keep customers cautious about spending, say entrepreneurs. The glass bottles that Annie Bassin uses to bottle her wellness beverage come from China and became 25% more expensive when President Donald Trump imposed a tariff during his first […]
By Selen Ozturk, Ethnic Media Services Since Trump’s termination of federal diversity, equity and inclusion (DEI) initiatives, small businesses nationwide are expected to take a major hit. The executive orders issued during Trump’s first week of office in late January end all federal DEI and affirmative action programs; equity-related grants and contracts; and prior equal […]
By Esther Claudette Gittens | Editorial credit: Sombat Muycheen / Shutterstock.com In recent years, Diversity, Equality, and Inclusion (DEI) initiatives have become integral to corporate strategies, aiming to foster inclusive workplaces and equitable opportunities. However, a notable shift has emerged, with several major corporations, including McDonald’s, scaling back their DEI commitments. This article delves into […]
By America’s Voice | Editorial credit: Robert P. Alvarez / shutterstock.com Washington, DC — Last week, we highlighted the high cost of the Trump administration’s anti-immigrant obsessions and plans for indiscriminate mass deportations above all. Over the weekend, a USA Today story, “Thousands of DHS agents shift to deportation instead of drugs, weapons and human trafficking,” underscored the point […]
By Brian Figeroux, Esq. In 2025, President Donald Trump’s tax proposals are poised to significantly reshape the financial landscape for both low-income individuals and small businesses in the United States. While the administration touts these changes as catalysts for economic growth and competitiveness, a closer examination reveals a complex array of benefits and challenges for […]
By Esther Claudette Gittens Click here to know your rights. President Trump’s executive order to deny work permits to immigrants awaiting legal status decisions has profound implications for the U.S. economy and affected individuals. While the administration aims to prioritize American workers, the policy could exacerbate labor shortages, reduce tax revenue, and strain public assistance […]
By Brian Figeroux, Esq. | Editorial credit: John Gomez / shutterstock.com Click here to know your rights. Immediately taking office on January 20, 2025, President Donald Trump has signaled an ambitious agenda to reshape U.S. immigration policy through a series of executive orders. These directives are expected to have profound implications for documented and undocumented […]
By: NYS Office of the Comptroller State Comptroller Thomas P. DiNapoli released a report that showed nonprofit organizations in 2022 provided 1.3 million jobs to New Yorkers, just over 1 in 6 private sector jobs in the state. While the number of nonprofits increased nationally between 2017-2022, they declined in New York and the number […]