As Election Day nears on Nov. 4, Texans will vote on 17 proposed constitutional amendments, most related to taxes. Dr. Paul Mason, Baylor accounting professor, said many aim to help specific groups but come with financial trade-offs.
Browsing: Taxes
Some of these legislative changes could impact Baylor students, specifically those who utilize Medicaid, the Supplemental Nutrition Assistance Program (SNAP) and federal financial aid. This legislation impacts students and the social welfare programs American citizens utilize.
The belief is that these tariffs will help bring Canada and Mexico to the negotiating table, so President Trump can begin the process of bringing back more manufacturing jobs to the U.S.. However, this process might not be as cut and dry as it looks on paper.
His wealth and taxes suddenly a campaign focus, Mitt Romney said Tuesday he pays an effective federal tax rate of about 15 percent. That’s far less than if his earnings were wages rather than gains from investments and dividends, and the disclosure under pressure triggered a sharp response from the Democratic White House as well as one of his GOP presidential rivals.
Lobbyists for a day, a band of millionaires stormed Capitol Hill on Wednesday to urge Congress to tax them more.
A team of five students will represent Baylor at FanTAXic, a national tax competition held by Deloitte LLP, a tax-consulting agency that focuses on audit and financial services.
One of the many perks and conveniences of online shopping is the lack of sales tax paid when purchasing on the Web. This convenience may be at stake with many states’ pursuit of a requisite sales tax for online purchases.

