by lftcrtv | Mar 29, 2018
Electric cars are on the way, and not just for your granola-munching neighbor. Traditional car manufacturers have begun to bet on them. Volvo, for instance, will sell only electric or hybrid cars by next year. General Motors plans to go electric. Ford has turned on...
by lftcrtv | Mar 27, 2018
State and local taxes in Minnesota typically grow over time in response to increased consumption and rising economic activity, and to keep pace with the growing demand for public services. There is one notable exception to this rule: the currently frozen state...
by lftcrtv | Mar 23, 2018
The United States just surpassed an important milestone, and you might not have noticed. The country’s electric grid can now store over a billion watts for one hour (1 GWh) with batteries for later use. By the end of 2018, analysts predict that capacity to double....
by lftcrtv | Mar 22, 2018
The so-called “Tax Cut and Jobs Act” (TCJA) enacted by Congress last year made massive changes to the federal tax code. Minnesota and other states must now decide if and how to conform their own tax codes to the federal changes. As we note in part 1 of this series,...
by lftcrtv | Mar 19, 2018
Tax laws should be simple and direct. Taxpayers should be able to understand and comply with them without the assistance of an army of attorneys and accountants. The treatment of pass-through income in the new federal tax law passed late last year—the so-called “Tax...
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