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17 September 2021
20:24 hour

Oil industry keeps tax breaks in House Democrats' proposal

Seeking Alpha

15/09/2021 - 01:51


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  1. Washington Watch: House Democrats want curbs on big-bank lending to fossil-fuel industry (15/09/2021 - Market Watch)
    Progressive House Democrats on Wednesday introduced a measure that would require the Federal Reserve to make sure that the largest banks start to reduce their lending to the fossil-fuel industry.
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  2. The Wall Street Journal: House Democrats may propose raising corporate tax rate to 26.5% (13/09/2021 - Market Watch)
    House Democrats expect to propose raising the corporate tax rate to 26.5% from 21% and imposing a 3 percentage-point surtax on individual income above $5 million, according to a House Democratic aide familiar with the plans.
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  3. Capitol Report: House Democrats take aim at SPACs as asset class’ performance worsens (24/05/2021 - Market Watch)
    House Democrats displayed an eagerness to impose stricter regulation on Special Purpose Acquisition Companies during a financial services subcommittee hearing Monday, arguing that their explosion in popularity in recent years is due to the perception that going public via SPAC is less burdensome.
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  4. : House Democrats set to reshape antitrust law with 5 new bills (10/06/2021 - Market Watch)
    House Democrats led by Rep. David Cicilline, D-R.I., reportedly are poised to introduce a package of five bills to shake up the U.S. antitrust climate. The most aggressive would let prosecutors sue to break up major tech companies by forcing the platforms to sell off lines of business if they represent a conflict of interest.
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  5. : House Democrats set to reshape antitrust law with 5 new bills (10/06/2021 - Market Watch)
    House Democrats led by Rep. David Cicilline, D-R.I., reportedly are poised to introduce a package of five bills to shake up the U.S. antitrust climate. The most aggressive would let prosecutors sue to break up major tech companies by forcing the platforms to sell off lines of business if they represent a conflict of interest.
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  6. Capitol Report: Biden says he’s willing to negotiate on 28% corporate-tax proposal (07/04/2021 - Market Watch)
    President Joe Biden on Wednesday said he was open to debating his infrastructure proposal with Republicans and Democrats alike, but warned that inaction was unacceptable as he presses forward with his new major economic plans.
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  7. Capitol Report: Biden says he’s willing to negotiate on 28% corporate-tax proposal (07/04/2021 - Market Watch)
    President Joe Biden on Wednesday said he was open to debating his infrastructure proposal with Republicans and Democrats alike, but warned that inaction was unacceptable as he presses forward with his new major economic plans.
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  8. Washington Watch: Oil industry avoids pain in House Democrats’ tax plan, but tobacco, vaping get hit (14/09/2021 - Market Watch)
    Democratic lawmakers' $3.5 trillion spending plan still faces a long road to becoming reality, but analysts are flagging some winners and losers in one key House committee's proposals for funding the huge package.
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  9. : Buyback tax proposal could blunt a major driver of stock market returns, experts warn (13/09/2021 - Market Watch)
    Democrats in Congress are racing to find ways to raise money to pay for an ambitious agenda of social spending on programs, and one proposal that has gotten attention in recent days is a new 2% excise tax on corporate stock buybacks.
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  10. : Who’s cutting Medicare? Democrats, unless Republicans agree with their fix (19/03/2021 - Market Watch)
    Capitol Hill Democrats, as well as Obama's Democratic successor in President Joe Biden, are finding out this week how tough that idea can be, waiving the requirement in the House and hoping Republicans won't play hardball on it in the Senate.
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  11. The Wall Street Journal: Senate Democrats Durbin and Schumer call for under-oath testimony from Barr and Sessions after phone-data revelations (11/06/2021 - Market Watch)
    The Trump Justice Department secretly sought records from Apple Inc. related to communications by Democrats on the House Intelligence Committee and their aides and relatives.
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  12. Capitol Report: Biden, Yellen to discuss $1.9 trillion COVID relief plan with JPMorgan, Walmart, Gap CEOs (09/02/2021 - Market Watch)
    President Joe Biden and Treasury Secretary Janet Yellen will meet Tuesday with a handful of top U.S. chief executives to discuss the proposed $1.9 trillion COVID relief plan, the White House said, as Democrats aim to rush the proposal through Congress.
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  13. Capitol Report: The 730-day presidency?Haunted by 2009, Democrats see delay as Republicans’ plan (12/03/2021 - Market Watch)
    A specter stalks Democrats on Capitol Hill: the possibility of a two-year, effectively 730-day presidency for Joe Biden, if Republicans win the House and gain the power to block legislation in the 2022 midterm elections.
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  14. : Pelosi asks Democrats to reach out to Republicans on infrastructure (12/03/2021 - Market Watch)
    House Speaker Nancy Pelosi said she wants key Democrats who deal with infrastructure issues in Congress to consult with Republicans to come up with a big infrastructure package.
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  15. : Pelosi asks Democrats to reach out to Republicans on infrastructure (12/03/2021 - Market Watch)
    House Speaker Nancy Pelosi said she wants key Democrats who deal with infrastructure issues in Congress to consult with Republicans to come up with a big infrastructure package.
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  16. I am sure global pharma industry will support India’s WTO proposal of IP waiver for COVID-19: Piyush Goyal (25/02/2021 - Financial Express)
    Commerce and Industry Minister Piyush Goyal on Thursday expressed hope that global pharmaceutical industry will show "big heart" and support India's proposal in the WTO for relaxing certain provisions in a multilateral agreement on intellectual property with a view to containing the pandemic.
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  17. Senate Democrats float taxes on stock buybacks, plastics to pay for spending plan, plastics to pay for spending plan (03/09/2021 - Reddit Stocks)
    Senate Finance Committee Democrats are looking at several tax options for paying for their social-spending bill that have not been previously proposed by the White House, including taxes on stock buybacks and materials used to make single-use plastics, according to a document obtained by The Hill. The document comes as Democrats are in the process of crafting legislation that is expected to include up to $3.5 trillion in spending https://thehill.com/policy/finance/570754-senate-democrats-float-taxes-on-stock-buybacks-plastics-to-pay-for-spending   submitted by   /u/BurnerBurnerBurns20 [link]   [comments]
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  18. Key Words: As Democrats push $3.5 trillion package, Republican lawmaker blasts ‘spending that drives up prices, kills jobs’ (09/09/2021 - Market Watch)
    Republican lawmakers on Thursday slam Democrats' $3.5 trillion spending package as a key House committee considers parts of the huge measure, with one top GOP congressman saying it's all entirely unnecessary, especially given inflation concerns.
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  19. : Democrats face choice with infrastructure bill: climate-change action or bipartisan support (22/03/2021 - Market Watch)
    As the White House and Capitol Hill Democrats weigh what to include in their next big legislative package, they will face competing pressures to make it more palatable to Republicans than recent $1.9 trillion stimulus bill but also to take aim at climate change.
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  20. The Wall Street Journal: Bipartisan Senate group reaches agreement on infrastructure proposal without tax hikes (10/06/2021 - Market Watch)
    A bipartisan group of Senators said they had reached an agreement on an infrastructure proposal that would be paid for without tax increases, pitching the plan to other lawmakers and the White House as they try to craft a compromise on the issue.
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  21. Moderate U.S. House Democrats add to division over Biden agenda (13/08/2021 - Investing.com)

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  22. House Democrats to push electric vehicle legislation (08/03/2021 - Seeking Alpha)

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  23. Capitol Report: Democratic-run Washington means worries for defense sector, retreat for Saudi lobby, watchdog says (26/02/2021 - Market Watch)
    Foreign lobbyists are dealing with a new Washington, as Democrats nowadays control the White House and both chambers of Congress. One expert on the influence industry, Ben Freeman, speaks with MarketWatch about important trends that he’s spotting.
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  24. Capitol Report: Senate ‘just needs to do something’ on cannabis banking, says House champion (21/04/2021 - Market Watch)
    After his bill got more than 300 votes on the House floor, Rep. Ed Perlmutter is optimistic about the odds for his proposal to make it easier for cannabis-based businesses get access to the banking system.
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  25. Capitol Report: Senate ‘just needs to do something’ on cannabis banking, says House champion (21/04/2021 - Market Watch)
    After his bill got more than 300 votes on the House floor, Rep. Ed Perlmutter is optimistic about the odds for his proposal to make it easier for cannabis-based businesses get access to the banking system.
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  26. House Democrats unveil tax proposals to fund $3.5T infrastructure plan (14/09/2021 - Seeking Alpha)

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  27. U.S. House Democrats reach tentative deal on Biden agenda (24/08/2021 - Investing.com)

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  28. U.S. House Republicans may follow Democrats in rebooting shamed 'earmarks' (10/03/2021 - Investing.com)

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  29. House Democrats reintroduce bill to lower drug prices (22/04/2021 - Seeking Alpha)

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  30. Capitol Report: When is stopping carbon monoxide poisoning and protecting Saudi dissidents controversial? When you’re a House Republican — sometimes (26/04/2021 - Market Watch)
    In recent weeks, Republicans have forced Democrats' hand on so-called suspension votes, requiring roll call votes, which are time-consuming because of COVID-19 precautions. At the same time, the number of Republicans voting against the bills on average is many times the number of Democrats doing so.
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  31. U.S. House Democrats in talks ahead of possible vote on Biden spending plan (24/08/2021 - Investing.com)

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  32. Narrower drug pricing bill introduced in House by centrist Democrats (15/09/2021 - Seeking Alpha)

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  33. White House says it has pared down infrastructure proposal to $1.7 trillion (21/05/2021 - Investing.com)

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  34. Solar, EV charging stocks slump as House Democrats fight over spending plans (13/08/2021 - Seeking Alpha)

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  35. Washington Watch: House Democrats plan EV tax credits of up to $12,500, as Republicans, Tesla, Toyota voice objections (16/09/2021 - Market Watch)
    The Democratic-run House Ways and Means Committee's proposals for a $3.5 trillion spending package include new tax credits for electric vehicles, as Washington continues to push for a shift away from gasoline-powered cars.
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  36. Capitol Report: As lawmakers reintroduce cannabis-banking bill, analyst says it’s the ‘backup plan if Democrats cannot enact legalization’ (18/03/2021 - Market Watch)
    A bipartisan group of House lawmakers on Thursday reintroduced the SAFE Banking Act, a bill that aims to protect financial institutions that work with the cannabis industry.
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  37. White House lowers cost of infrastructure proposal to win GOP support (23/05/2021 - Seeking Alpha)

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  38. House Democrats expected to propose hike to corporate tax rate, surtax on wealthy - source (13/09/2021 - Investing.com)

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  39. : Private equity firms probably won’t be hurt by the White House’s plan to close the carried-interest tax loophole, Citi says (29/04/2021 - Market Watch)
    “Importantly, the proposal will affect individuals” in the private equity industry rather than alternative investment firms directly, Citi analysts said in a research note.
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  40. BREAKING: White House confirms support for minor changes to crypto tax proposal (07/08/2021 - Investing.com)

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  41. Capitol Report: $1.9 trillion coronavirus aid package set to clear House late tonight (26/02/2021 - Market Watch)
    House Democrats hope to clear President Joe Biden's $1.9 trillion economic package late today and send it on to the Senate, where it will face some changes.
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  42. Illinois House to reconvene on energy proposal aiming to keep nuke plants open (08/09/2021 - Seeking Alpha)

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  43. : House Democrats just introduced 5 antitrust bills aimed at reining in Big Tech (11/06/2021 - Market Watch)
    House members on Friday introduced five antitrust bills --- including one that would force Amazon.com Inc. and others to essentially split into two companies or shed their private-label products --- in the most aggressive action yet by federal lawmakers to rein in the market influence of Big Tech.
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  44. : House Democrats just introduced 5 antitrust bills aimed at reining in Big Tech (11/06/2021 - Market Watch)
    House members on Friday introduced five antitrust bills --- including one that would force Amazon.com Inc. and others to essentially split into two companies or shed their private-label products --- in the most aggressive action yet by federal lawmakers to rein in the market influence of Big Tech.
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  45. Capitol Report: Democrats press case for SEC action on climate change, income inequality (25/02/2021 - Market Watch)
    House Democrats assembled a panel of experts to make the case that U.S. financial regulators must take bold action to combat climate change, economic and racial inequality because of the "fundamental threat" these forces pose to America's financial system during a hearing before the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets Thursday.
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  46. : Pelosi says House Democrats ‘close’ on vote for Biden’s infrastructure and social-spending packages (24/08/2021 - Market Watch)
    The Democratic-run House on Tuesday continues to work on making a deal that would advance President Joe Biden's big spending plans, with Speaker Nancy Pelosi saying she's not far from achieving a deal with moderate Democratic representatives.
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  47. TaxWatch: House Democrats favor tax hikes that are ‘a little less aggressive’ than those proposed by President Biden (14/09/2021 - Market Watch)
    'This is a strong indication of the direction Congress will be going in tax policy,' one expert said
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  48. In House Tax Bill, Companies Get Return of Higher Rates but Not the Breaks - The Wall Street Journal. (16/09/2021 - Reddit Stock Market)
      submitted by   /u/colenotphil [link]   [comments]
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  49. Why do Democrats hate the stock market? (09/04/2021 - Reddit Stock Market)
    Every time a Democrat is in the White House, the stock market becomes a churner of the little guy. Being short pays.....being long punishes. And this hits right in the face of what Democrats always want....infrastructure, empowering the middle class, fairness and equality at all levels. Yet, all I've ever witnessed whenever Democrats are running things is the stock market teetering and tottering on collapse. As we speak, almost ever stock out there is going through a bearish tunnel. Biden is hurting the small investor who is usually only long stocks. Yes, because of Biden, the average American is getting poorer as Wall Street steps down share prices over the long term. Shorts make all the money! When Trump was in power, the little guy made money being long. That's why Trump was so loved by the people, in spite of his inner demons personally. Biden is an enemy to the retail investor.   submitted by   /u/Resident-Coach-786 [link]   [comments]
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