Latest news with #TaxBreaks
Yahoo
3 days ago
- Entertainment
- Yahoo
WrestleMania 42 will be at Allegiant Stadium in Las Vegas on April 18-19, WWE announces
WWE will hold its WrestleMania event in Las Vegas for the second consecutive year. (Photo by Rich Wade/WWE via Getty Images) WrestleMania 42 will be held at Allegiant Stadium in Las Vegas, WWE announced on Saturday. The promotion's showcase event will return to Las Vegas for the second consecutive year, chief content officer Paul Levesque confirmed during the "Money in the Bank" broadcast. This will be the second time that WWE will present WrestleMania at the same venue for two straight years. WrestleMania IV and WrestleMania V were both held at the Atlantic City Convention Hall in New Jersey in 1988 and 1989. Advertisement WrestleMania 42 will be on April 18-19, 2026 with several WWE events also scheduled for that weekend in Las Vegas, including "SmackDown," the Hall of Fame ceremony, "NXT Stand and Deliver" and "Raw After WrestleMania" at nearby T-Mobile Arena. WWE's signature event was originally scheduled to be held in New Orleans on April 11-12, 2026. WrestleMania 42 will reportedly be moved back a week due to a scheduling conflict with a concert event at Allegiant Stadium. The reason for taking the event out of New Orleans was not reported, though there have been rumblings that WWE management believes more money is to be made in Las Vegas after drawing 117,380 fans across both nights of WrestleMania 41 this year. Additionally, WWE received $4.24 million in tax breaks from the city, according to the Las Vegas Review-Journal. Advertisement New Orleans has reportedly been promised a future WrestleMania by WWE, in addition to a "Money in the Bank" next year. The city has hosted a WrestleMania previously in 2018 and drew 78,240 fans to the Caesars Superdome. Before Las Vegas was confirmed, other cities that were rumored for possible new locations were London and Saudi Arabia.
Yahoo
3 days ago
- Business
- Yahoo
Escobar: GOP budget bill would cut health care, give breaks to rich
EL PASO, Texas (KTSM) — The Republican budget bill — often called the 'big, beautiful bill' by supporters of President Donald Trump — would cut health care, nutrition programs and explode the national debt, said U.S. Rep. Veronica Escobar, D-Texas. The bill, which has passed the U.S. House and is being discussed by the Senate, would also give 'massive tax breaks' to the 'millionaire and billionaire class,' Escobar said. That was one of the messages that Escobar delivered during a town-hall meeting Saturday, June 7 at Horizon High School in Horizon City. Escobar said that the town-hall meeting was an opportunity to listen to consituents, talk to them and answer their questions. She said the Republican budget bill is the big topic of converstation and concern. 'It passed out of the House a couple of weeks ago. The Senate is working on it now,' said Escobar, who voted against the bill when it came up before the U.S. House in late May. 'It will result in cuts to health care benefits, cuts to nutrition programs. It will explode the national debt, all of this in order to give the millionaire and billionaire class massive tax breaks,' Escobar said. 'It is important for people to understand what is in the bill,' Escobar continued. 'We still have an opportunity to stop it and kill it on the Senate side and come up with a bipartisan product that reflects our nation's values.' The Trump Administration's plans to 'pause' the Job Corps program, including a center here in El Paso, is 'devastating news,' she added. 'The reason they gave for the pause in the program were financial issues that happened with the program during the pandemic,' Escobar said. She added that she wasn't sure why the Trump Administration was targeting the program. A lawsuit has been filed against the 'pause' and the move is likely to be found illegal by the courts, she added. Michael Aboud, the chairman of the El Paso County Republican Party, called Escobar a 'tax-and-spend Democrat.' 'I don't understand why she would want El Pasoans or anyone to pay more taxes,' Aboud said. 'Our taxes are already way too high. She is upset because President Trump is cutting waste and is going to reduce our taxes. 'I don't see how you can be against that. I think it is nonsensical, unless you are greedy and just want to spend the people's money,' he added. Escobar has represented Texas' 16th Congressional District since 2019. She announced in April that she will be seeking another two-year term. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Washington Post
20-05-2025
- Business
- Washington Post
There's nothing beautiful about this big bill
There's nothing beautiful about this big bill Republicans are haggling over the details of how much to cut Medicaid and food stamps while also trying to give bigger tax breaks to the richest Americans. Meanwhile, the rating agency Moody's has downgraded the United States' perfect economic score for the first time, because of how much this bill could run up the national debt. Dana Milbank, James Hohmann and Natasha Sarin talk about whether the Republicans can get this legislation over the finish line and why America is suffering from 'boy-who-called-wolf energy' when it comes to the federal debt.
Forbes
15-04-2025
- Business
- Forbes
The Week That Turned Out To Be A Wild Ride Edition
| Apr 15, 2025, 06:38PM EDT This week on "Tax Breaks" host and Forbes Senior Writer Kelly Phillips Erb covers the week's volatile stock market due to President Trump's tariffs.
Forbes
01-04-2025
- Business
- Forbes
The End To Tax Season Is Just Around The Corner Edition
This week, on Tax Breaks, Forbes Senior Writer Kelly Phillips Erb explores the end of tax season, U.S. companies receiving a break on beneficial ownership information (BOI) reporting, and changes at the IRS and the Social Security Administration. She also delves into reporting last year's bonus pay, reveals tax filing season statistics and discusses the tax implications of Name, Image, and Likeness (NIL) income for college athletes.
