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Champaign business owner, Mahomet resident charged with tax, wire fraud
URBANA, Ill. (WCIA) — A Mahomet man with a business in Champaign is facing federal charges for allegedly failing to turn over more than $800,000 in employment taxes to the IRS, and for “…
Business Owner Charged with Tax Fraud, Wire Fraud Related to COVID Relief Funds
URBANA, Ill. (WICS/WRSP) - Hans Lee Grotelueschen, 56, of Mahomet has been charged with allegedly failing to pay employment taxes to the Internal Revenue Service and fraud related to Economic
Illinois Quick Hits: Champaign business owner charged with COVID relief fraud
(The Center Square) – A Mahomet man has been charged with fraud and failing to pay employment taxes to the Internal Revenue Service.
New York business and wealth exodus threatens economic standing, George Pataki warns
Former New York Governor George Pataki joins Maria Bartiromo to discuss the business and wealth exodus from New York. Pataki warns that high taxes and crime policies are driving major job creators to Florida and Texas.
Nashville mayor proposes business grants as high costs continue to challenge city staples
Nashville's Mayor is proposing grants and incentives for small and longstanding businesses as costs continue to rise, but many opponents prefer property tax cut
Greg Abbott's Texas affordability plan tackles housing, taxes
Half of Texans struggle to cover essential expenses. Greg Abbott's proposals target housing and property taxes, while experts say other major costs remain largely untouched.
'Hercules' star Kevin Sorbo says California can keep its taxes, traffic and 'negativity': 'I'm done'
Health taxes: Overcoming technical and political challenges, including illicit trade concerns, and lessons from country experience
A virtual side event ahead of the seventy-seventh session of the WHO Regional Committee for the Western Pacific will explore how health taxes on tobacco, alcohol and sugar-sweetened beverages can reduce unhealthy consumption, generate revenue and support health priorities. Aligned with WHO’s 3 by 35 Initiative, the session will share country experiences in tax modelling, revenue allocation and addressing illicit trade, while highlighting practical strategies for advancing health tax policies. The event will be livestreamed on X, Facebook, YouTube and the RCM77 web page.
Alexandria Car and Business Tax Bills Due Oct. 5
ALEXANDRIA, VA — Alexandria has mailed its 2026 personal property tax bills to registered vehicle owners and businesses, with both due Monday, Oct. 5. The
Influencer pleads guilty to criminal impersonation for viral pranks at Arizona businesses
An influencer known for prank videos pleaded guilty to posing as an employee during chaotic business takeovers in Tempe, Arizona.
Colorado Sues EarnIn For “Immoral, Unethical, Oppressive and Unscrupulous” Business Practices
Hey all, Jason here. When this hits your inbox, I should be en route to the airport — not to go anywhere myself, just to pick up my better half. I must admit, it’s been strange to be home alone (well, with two dogs) for two weeks! Really lets me “optimize” to spending more time on reading/writing/working, whether that’s healthy or not! Looking forward to getting back into a (somewhat) more balance routine. Subscribe or Support by Upgrading Compare Notes With the People Who Built Modern Fintech Partner content: Remitly CEO Sebastian Gunningham. Increase founder Darragh Buckley. Linda Du, Co-founder & President at Valon. They’ll unpack the decisions behind building and scaling major financial products: what they got right, what broke, what they would do differently, and how AI and new infrastructure are changing the operator playbook. Most events tell you where fintech is going. NerdCon puts the people who built the present in the room and asks them what comes next. Expect an operator-led conversation grounded in real products, real trade-offs and lessons earned the hard way. Fintech Business Weekly readers save 20% on Regular tickets with code FBW20 before standard pricing ends September 11. Meet the Builders Things To Know & Other Good Reads Advent and Stripe Abandon $50 Billion Pursuit of PayPal (Bloomberg) Trump Family’s New Crypto Bank Is Backed by Abu Dhabi Sheikh (Wall Street Journal) The multiplying risks of financing data centres (FT) Let the Bond Market Speak (Wall Street Journal) Did we waste a crisis? Modest proposals to reform deposit insurance. (Fintech Takes Banking) Untangling Guggenheim: How Private Credit Built Its Own Universe (Net Interest) The Hater’s Guide To Circular Financing — Part One (Ed Zitron) Fiat Ventures Rebrands to FGV Capital, Announces $35M Oversubscribed Fund II (BusinessWire) Socure Announces Strategic Growth Investment at $5.2B Valuation and Acquires Agentic Operations Platform Fravity (Socure) Listen: When Consumer Protection Disclosures Work Too Well (Consumer Finance Monitor Podcast) Colorado Sues EarnIn For “Immoral, Unethical, Oppressive and Unscrupulous” Business Practices When Andreessen Horowitz led EarnIn’s $39 million Series B in 2017, Alex Rampell, a partner at the storied venture capital firm, described EarnIn’s small-dollar advance product as “free,” relying on “entirely on voluntary contributions instead of fees.” Rampell favorably compared EarnIn’s approach to typical payday loans, writing, “Payday loans historically have had the potential to be a slippery slope for consumers into financial distress: opaque systems and steep fees that are hard to repay and set individuals back further than where they started. For many Americans living paycheck to paycheck, that kind of slide into debt can be extremely difficult to recover from.” But EarnIn’s product — which, the company says, isn’t a “loan,” legally speaking — ends up being anything but free for most users. While it is technically possible to take a no-fee advance from the company, most users incur “Lightning Speed” (instant funding) fees and/or ostensibly optional tips that combined can equate to annualized percent rates that can reach over 1,000%. With an average term of 9.77 days, even fees and tips that are small on an absolute dollar basis are equivalent to high APRs on an annualized basis. A lawsuit filed last week by Colorado Attorney General Phil Weiser against EarnIn describes the company and its product and business practices quite differently than Andreessen’s Rampell; “EarnIn’s business practices are unfair because they are immoral, unethical, oppressive and unscrupulous,” the complaint, filed in District Court in Denver, Colorado, says. EarnIn’s marquee product, Cash Out, isn’t a loan, the company says, as Cash Out is not “[f]orward [l]ooking” because “[t]he money is transferred based on earnings to date,” does not carry a mandatory fee to access funds, and is “non-recourse,” meaning EarnIn cannot pursue recovery from users who don’t repay advanced funds. EarnIn is sometimes referred to as an “Earned Wage Advance” service. Though, unlike some others in the broader category, EarnIn does not integrate with employers’ payroll or time and attendance systems. Rather, EarnIn attempts to verify a user’s income and employment, by examining direct deposit transaction data in their linked external bank account, by using GPS location and Bluetooth data to estimate a user’s time spent at work, if they work in a fixed location, and/or by having a user provided a work email address. While repayment is theoretically optional, as EarnIn would have no recourse, such as reporting non-payment to the credit bureaus or a collections agency, this is anything but clear to users of the EarnIn app, Colorado’s complaint argues. During the process of taking a Cash Out, users must agree to a preauthorized debit of the amount advanced, plus any expedited funding fee and/or tips. Though users technically can revoke this ACH authorization, the fact that they have this right isn’t presented to users during the Cash Out process, but rather is included in linked terms and conditions few users are likely to actually read. And users who do wish to revoke their ACH authorization must do so three or more days before the scheduled transaction date by emailing EarnIn’s customer support. Similarly, EarnIn’s marketing claims that it carries “no interest” and “no mandatory fees” is technically true, but is not the reality for many of the app’s users, the Colorado complaint argues. Further, EarnIn has extensively marketed to users the ability to “access your pay today,” to get “instant” funds, and to get funds “the same day you work” — when, in reality, this speed of access was only possible by paying the additional, undisclosed Lightning Speed fee. The Colorado complaint highlights this contradiction specifically, noting: EarnIn tells consumers that they can ‘Make any day payday with EarnIn’ and that there no ‘hidden’ or ‘mandatory fees.’ For a consumer to access their pay on the same day requested, they would have to pay the Lightning Speed fee. In the fine print of the advertisement EarnIn discloses that ‘[f]ees apply to use Lightning Speed,’ a direct contradiction to the larger text of the advertisement, and a fact that would not be immediately understood by a consumer as ‘Lightning Speed’ is not defined nor explained. Like other small-dollar lending services, rather than explicitly charge interest, EarnIn collects a markup on the optional Lighting Speed fee, which, given the nature of the transactions, many users opt for, as well as offering users the option to leave “tips.” EarnIn leverages either Real-Time Payments (RTP) rails or push-to-card via debit rails if a user opts for the optional Lightning Speed. But while these capabilities cost EarnIn, on average, $0.075 or $0.20 per transaction, respectively, EarnIn charges users significantly more. Initially, EarnIn charged as little as $1.99 for Cash Outs up to $24. But EarnIn has hiked these fees multiple times, and now charges $4.99 for Cash Outs up to $75 and $6.99 for those over $75. According to the Colorado complaint, EarnIn leverages “dark patterns” to manipulate users and to make it more difficult to avoid tipping. Examples of these “road blocks” highlighted in the complaint include: As of 2023, in the EarnIn app, a consumer attempting to get a loan under the default settings had to make at least eighteen separate taps to complete the transaction and reduce the tip to $0. There is an alternative method to leave a $0 tip, via the “Custom tip” feature, but EarnIn made this option difficult to access by visually deemphasizing it and positioning it near devices’ “home” button. Using language and imagery such as “Tip to pay it forward,” “Your generosity supports the service + helps,” “Your tips make a difference,” and “[t]he APR for this cash out is 0%. Your tips help support us.” While Lightning Speed and tipping are, in theory, both optional, in practice, users nearly always ended up paying something. According to the Colorado suit, users were charged either a tip or an expedite fee for more than 92% of transactions, with an average APR of nearly 388%. And, although the advances are “non-recourse,” EarnIn successfully collects on nearly all transactions — 99.18%, according to the complaint, which, Colorado argues, “demonstrat[es] that EarnIn’s advances function as high cost loans, not voluntary payments.” The share of EarnIn users incurring fees — despite the product being marketed as 0% APR — is hard to reconcile with Andreessen investor Rampell’s favorable description of EarnIn vs. “opaque systems and steep fees” associated with payday loans, which, Rampell says, can be “extremely difficult” for borrowers to extricate themselves from. According to Colorado’s suit, EarnIn’s Cash Out product “trapped many consumers in extreme cycles of high-cost reborrowing.” The suit gives an example of one consumer in the state, who took out a whopping 1,151 loans, paying a total of $4,038.50 in Lightning Speed expedited funding fees on loans that averaged the equivalent of 1,421% APR. Another Colorado user, the suit says, took out 1,033 loans, paying $8,561.22 in tips and fees at an average APR of 1,539% . These types of usage patterns demonstrate “the severe and repeated financial harm caused by EarnIn’s illegal lending model,” the Colorado complaint argues. In aggregate, from January 2023 through July 2025, EarnIn extended 3.1 million loans to 56,778 users in Colorado — an average of nearly 55 transactions per person during the time period. EarnIn lent more than $300 million and collected more than $16 million from Colorado users in Lightning Speed fees and in tips. Ultimately, the Colorado complaint argues that “EarnIn’s Cash Outs are loans under Colorado law, and EarnIn’s contention that its product is not a loan based on its disclaimer of any legal repayment obligation lacks any real-world significance given how the Cash Out transactions actually operate in practice.” Colorado further argues that “EarnIn was not working with companies here in providing consumers with funds but acted as a third-party lender and charged illegally high rates, used deceptive design strategies to extract some charges, and trapped consumers in repeat borrowing. Colorado will continue to stand up for consumers and hold companies accountable when they violate our credit laws or attempt to evade them through misleading practices.” Colorado’s suit alleges EarnIn assesses finance charge in excess of that permitted by Colorado law, that EarnIn failed to make legally required disclosures to Colorado borrowers, that EarnIn made supervised loans to consumers without obtaining the requisite license, that EarnIn violated the state’s Deferred Deposit Loan Act, that EarnIn engage in unfair and deceptive trade practices, and that EarnIn made false or misleading statements concerning price. The suit seeks a court order enjoining EarnIn from violating relevant Colorado laws, for EarnIn to refund amounts charged in excess of state law, fees, costs, and penalties, and other relief the court deems to be just. Fintech Business Weekly is made possible by the generous support of paying subscribers — bringing you independent analysis of banking, fintech, and crypto without fear or favor. You can support my work by becoming a paying subscriber if you aren’t already. Paying subscribers enjoy: access to the entire archive of nearly six years of newsletters extended versions of the weekly newsletter, with additional content and analysis and (for founding member tier) quarterly personal 1:1 fintech Q&A / strategy calls with me, tapping into my unparalleled knowledge of the intersection of banking and fintech and experience working in the sector, including helping to launch Goldman Sachs’ retail bank Marcus Support Fintech Business Weekly You can also support Fintech Business Weekly by sponsoring a newsletter or podcast, putting you in front of 93,000+ of the most influential decision makers in banking, fintech, and crypto. Learn more about sponsor opportunities or request a media kit by dropping me an email. Q2 Quarterly Banking Profile: Five Quick Takeaways The FDIC released its quarterly banking profile, which is always worth a read, for the second quarter. The profile provides an aggregate snapshot about the overall health of the 4,238 institutions whose deposits are insured by the FDIC, who, collectively, hold more than $26 trillion in assets and saw a total net income of more than $90 billion in the second quarter. Net income was up 12% vs. Q1 2026, with lower provisions and realized gains on securities helping to drive the improvement, somewhat offset by increases in non-interest expense and applicable income taxes. Overall net interest margin was basically flat quarter over quarter (up 1 basis point vs. Q1 2026), though community banks saw NIM grow by 10 basis points, to 3.81%. Unsurprisingly, given that interest rates haven’t changed, unrealized losses on securities changed little, edging up slightly to $326.7 billion vs. $325.1 billion in Q1 2026. Aggregate credit quality has remained benign, with asset quality actually improving slightly in Q2. Overall, institutions reported a 9 basis point decline in their past-due and non-accrual rate, to 1.44%. Net charge off rate also declined by 2 basis points, to 0.57%. And finally, the FDIC’s deposit insurance fund stands at $161.1 billion, making the DIF reserve ratio 1.48% — above the statutory minimum of 1.35%, but still below the designated target reserve ratio of 2%. [Paid Subscriber Exclusive] Nissan Withdraws ILC App, State Associations Plan BankChain Alliance, FDIC Defines “Unsafe or Unsound Practice” For First Time Automaker Nissan withdrew its application to charter a Utah industrial loan company and its corresponding application to the FDIC for deposit insurance last week, on August 19th. Nissan’s application had been outstanding for more than a year, as it originally applied in June 2025. Recent applications to the OCC to form national banks have been decisioned, one way or the other, substantially more quickly than has historically been the case.
Jodi's Journal: Lincoln County's sales tax wake-up call
As they voted to bring the sales tax rate up to as much as 7 percent, Lincoln County commissioners taught a lesson about a different sort of cost this week
How the billionaire tax backers plan to combat a cash avalanche
The campaign to enact a billionaire tax in California is hoping to counter their cash disadvantage with a type of voter outreach that has never been attempted at this scale.
Federal cuts lead to growing burden on Cook County health system, taxpayers
Cook County’s sprawling safety net health system is counting on the county board to fill a budget gap of $40 million this year or face potential service cuts.
York County tax deals spark fierce debate. What will officials do to fix it?
Public officials need a route forward with business incentives, discussing options from going after massive projects to nixing tax breaks.
Retirees are pouring into this coastal getaway – and it's feeling the strain
Sussex County, Delaware, saw 40,000 new residents since 2020, with retirees drawn by low property taxes and no sales tax straining healthcare and schools.
Beshear, Barr feud over impact of 'Big, Beautiful Bill'
A letter from Barr this week demands answers about the governor’s prior statements on the president’s signature tax and spending law
Colorado election website error exposes personal data of confidential voters
The Colorado Secretary of State’s Office says a system update accidentally lifted protections on confidential voter records, exposing dozens of voters’ personal information. The limit that normally blocks access to confidential voter profiles was inadvertently disabled during an update to the Find My Voter Registration Tool, briefly exposing personal information for 59 voters who had […]
‘Snake Men’ by Zach St. George
Who gets to name a newly discovered species is an unsettled question in the world of biology. Conflicts over taxonomy can become venomous.
New York rep blasts Hochul and Mamdani over business policy
Rep. Mike Lawler, R-N.Y., discusses New York's economic challenges and how it has the highest tax burden in the country.
New York's business climate faces pressure under Mamdani tax proposals
NYC Mayor Zohran Mamdani's business advisor Robert Wolf discusses the environment in New York City as Mamdani proposes a tax-the-wealthy plan. Wolf analyzes the impact of tax hikes on high-value real estate.
Troops, taxes, war dominate Colorado’s 5th CD debate between Jeff Crank, Jessica Killin
Republican U.S. Rep. Jeff Crank and Democratic challenger Jessica Killin on Thursday night clashed over the war in Iran, the federal budget and healthcare when they took the stage in Colorado Springs for a sold-out debate in the race to represent Colorado’s 5th Congressional District. The debate, which came just over five weeks before general […]
Business, government leaders reach deal to nix highway-funding initiative, dedicate billions to roads in other ways
Rather than reallocate existing sales-tax revenue to roads, the plan would create new sources of funding and a new 2027 ballot initiative.
Marshall only expensed Florida trips before hurricane damage, reports show
A review by The Star revealed that U.S. Sen. Roger Marshall stopped billing taxpayers for trips to his Florida shortly before it was hit by a hurricane.
Business Coalition Targets Property Tax Reform
Nashville Property Tax Coalition and another group, Nashville Neighbors United, are laying political groundwork for 2027, Nashville’s next round of municipal elections.
‘No recollection’: Hope Florida grand jury hit ‘wall of silence’ in Tallahassee
High-level DeSantis administration officials told the grand jury could not remember details of key conversations about the “misappropriated” taxpayer funds.
Breaking down the findings from the Hope Florida grand jury report
The grand jury said it could “plainly see that taxpayer money was misused for political purposes,” the report said.
Jamie Carragher: HMRC files bankruptcy petition against Sky Sports, CBS pundit
The petition against the former Liverpool and England defender was filed over an unpaid tax bill.
We must deliver on cost of living
By Ryan Gonzalez Insurance premiums are on the rise. Property taxes are increasing. Groceries are becoming more expensive. Gas prices are reaching record levels. Housing costs are becoming unsustainable. These are the concerns I hear from people in my district. But these issues are becoming more common across the state as people continue to live […]
Entertainment unions intensify campaign for corporate tax handouts as film subsidy race to the bottom accelerates
As public funds bankroll corporate relocation, entertainment unions enforce the competitive framework and suppress a unified struggle against job destruction.
City rescinds hundreds of pied-à-terre tax letters
Mayor Zohran Mamdani is still banking on getting $500 million a year from the surcharge being rolled out.
Sales tax revenue falls flat in August reports
Sales tax revenue reported in August for Bentonville, Fayetteville, Rogers and Springdale totaled $10.001 million, down 0.12% from the same month last year. For the first eight reporting months of...
Sales tax revenue falls flat in August reports
Sales tax revenue reported in August for Bentonville, Fayetteville, Rogers and Springdale totaled $10.001 million, down 0.12% from the same month last year. For the first eight reporting months of...
Grand jury finds taxpayer dollars "misappropriated" to Hope Florida, complains "nobody will take responsibility"
A Florida grand jury found the DeSantis administration misappropriated $10 million in taxpayer money for political purposes.
Crazy Taxi: World Tour Hands-On – It Has the YA YA YA YA YAs but Stumbles With the “World” Part of World Tour
Crazy Taxi: World Tour is an almost refreshingly uncomplicated palette cleanser free of skill trees, crafting systems, and the other chaff that seems to be in every game you play nowadays. I just hope they manage to make the levels worthy of the “World Tour” moniker this new ride has.
Hologic’s Business Tax Method Nixed by New Hampshire Justices
Hologic Inc. can’t use a subsidiary’s capital losses to offset another subsidiary’s capital gains for New Hampshire business tax purposes, the state high court ruled Wednesday.
Bill Gates wants to tax robots to deter businesses from replacing humans with machines
"The tax system nudges you toward replacing people with machines."
Tom Tiffany touts business success, but for years owed no taxes
Tom Tiffany, now the GOP candidate for governor, and his business went years without paying state income taxes, Department of Revenue records show.
Trace Gallagher: LA has perfected political math
The CSD thinks if LA Mayor Karen Bass plans to flood her campaign with taxpayer cash, can’t she at least add a little water to the Palisades reservoir?
Trump-endorsed candidate clears key hurdle in red state gubernatorial race
Mike Mazzei secured Trump's endorsement and defeated Genter Drummond in Oklahoma's GOP governor runoff, promising to eliminate the state's income tax.
Tisdel stands with Michigan voters to get money out of politics
State Rep. Mark Tisdel today voted to reduce the influence of powerful special interests in Michigan politics and strengthen public confidence that decisions in Lansing are made on behalf of taxpayers, patients and ratepayers, not major corporations seeking political influence. “The people of Michigan have been clear: They want money out of politics and accountability […]
Pritzker’s swagger stunt backfires as critics roast viral video: ‘Cringiest thing he’s ever posted’
Illinois Gov. JB Pritzker's black-and-white "aura-farming" video drew widespread mockery on social media, with critics targeting his weight and taxes.
Canada announces retaliatory tariffs on $27.6 billion of U.S. goods
The tariffs are in response to the United States imposing a 50% import tax on about $28 billion of Canadian goods after trade talks collapsed
Canada announces retaliatory tariffs on $27.6 billion of U.S. goods
The tariffs are in response to the United States imposing a 50% import tax on about $28 billion of Canadian goods after trade talks collapsed
Business coalition urges state to amend Mansion Tax
Long Island business organizations call on New York State to update the mansion tax threshold from $1 million to reflect current housing prices.
Trump's trade war with Canada hikes tariffs on a long list of goods
President Donald Trump's administration has slapped hundreds of different Canadian products with a 50% tax to enter the United States
Air taxi vertiport coming to downtown LA sports complex
Archer Aviation, the official air taxi provider for the 2028 Olympic Games in Southern California, adds the venue to its network of flight facilities in the region.
Pa. skill games could disappear in October. Businesses that rely on them are worried.
A state Supreme Court ruling could force skill games out of businesses and nonprofits unless lawmakers agree on how to regulate and tax them.
Tax report: Residential bills up 5%, down for business properties
The median Evanston homeowner saw their property tax bill increase by about 5% this year to more than $8,200, while business properties saw their bills
Public hearings start on Madison County wind power project seeking $30M PILOT
The county Board of Supervisors passed a resolution requesting the IDA deny the payment-in-lieu-of-tax (PILOT) agreement with Hoffman Falls Wind, LLC.
Japan eyes tax breaks for non-core business sales in governance reform push, sources say
Japan's government is considering tax breaks on gains from sales of non-core businesses, a move that could accelerate long-delayed corporate restructuring and spur industry consolidation, two people with knowledge of the matter said.
Immigrant grocers file lawsuit against NYC-owned grocery store plan
Immigrant grocers in Harlem, New York, file a lawsuit against the city's plan to open government-run grocery stores. Store manager Elvis Aria warns the untaxed competition could put family businesses like his out of business.
California's post-production workers push for new industry incentive
California lawmakers are weighing AB 2319, a tax credit aimed at bringing film and TV post-production work — editing, sound, VFX, music — back to the state as jobs move overseas.
'Half my business will be gone' - firms in Canada and US fear trade war
Business owners in both countries are navigating uncertainty and worry as the tit-for-tat import taxes ratchet up.
After years of increases, thousands of Alaskans will again see a sharp spike in health insurance rates
The coming rate increases are driven in part by the expiration of federal tax credits.
Building the beat: How New Orleans can grow the business behind the music
People dance to the music of the TBC Brass Band Photo by Michael DeMocker / The Times-Picayune This week New Orleans hosts the annual Cutting Edge CE Conference, which brings together members of the music industry, musicians, lawyers and others to learn about and discuss the latest changes in the business of making, producing and selling music. googletag.cmd.push(function() { googletag.display('ad-1492300'); }); The conference comes as AI and streaming are causing upheavals in the industry. Meanwhile, we’ve seen at least a partial collapse of the global festival industrial complex which has long been a key financial lifeline for many artists.All of that can feel a bit removed from life in New Orleans. After all, we are a city filled with music. On any given day or night, there are dozens of shows across the city, ranging from jazz and blues to hip-hop, bounce and house. Whereas in other cities kids dream of being the star of their local sports team, in New Orleans more often than not they dream of leading their own band.And music is a huge part of our economy. Before New Orleans was known as a foodie destination, it was already drawing millions of visitors from around the globe to experience our jazz, soul and funk scenes firsthand.But the reality is, if you want to make it big, you’re probably going to end up leaving the city. We’ve seen major performers like Lil Wayne, Master P and Jon Batiste (though he’s back on the Northshore) decamp to Los Angeles, Miami and New York. Likewise, up-and-coming musicians like Greer Grimsely, $leazy EZ and Lucky Daye have also left town in search of more profitable pastures.Meanwhile, our local universities train some of the best producers and engineers in the business — only to see them head to one of the big music industry cities after graduation.It’s not a new phenomenon, though the reasons have changed over the years. Like a lot of early jazz musicians, Louis Armstrong famously left New Orleans, first for Chicago before ultimately settling in New York City. But while those early migrations had more to do with racism, in today’s day and age, musicians end up leaving because New Orleans doesn’t have the industry infrastructure necessary to sustain the kind of growth and, well, success, a lot of folks dream of.It’s a hard, but very real, truth. Artists have to go to Nashville for publishing, Los Angeles for production, Atlanta to join a label or New York for representation. That, in turn, is a drain not only on the city’s talent pool but on money that could be staying here at home.Not being an industry town inevitably makes it that much harder for musicians who don’t leave to get the recognition and success they deserve. It also undoubtedly plays a part in keeping the wages working musicians in New Orleans make at their gigs here lower than in places like Austin or Nashville.That’s not to say we don’t have any of the infrastructure needed to make New Orleans a music industry town. We’ve got live music venues, studios, record labels, management companies, copyright attorneys ... all the various building blocks are there. We just haven’t ever built upon that solid foundation. googletag.cmd.push(function() { googletag.display('ad-1492297'); }); The question is how do we do that in a way that supports our existing industry and artists, respects our cultural traditions and ensures the wealth generated is equitably distributed so it isn’t just C-suite executives who end up reaping the benefits. And the time to start figuring out the answers is now: next year the legislature will focus on taxes and spending, making it vital that New Orleans leaders have a plan to try and secure funding to help grow our industry.So we asked a group of New Orleanians to give us their thoughts, ranging from industry attorneys and venue operators to working musicians and cultural advocates. Their answers point toward turning New Orleans into a music industry city without leaving musicians behind or abandoning what makes us the greatest music city on earth.If a dusty city like Austin can transform itself into a major hub not just for music but the industry behind it, surely the birthplace of jazz — and pretty much all modern music by extension — can figure it out as well. +3 Mailbox Money: The Recording Academy’s Reid Wick on supporting, and growing, New Orleans’ music industry Reid Wick has been a part of the New Orleans music landscape from virtually every angle. He'… California Dreaming: Pell discusses his time in L.A. and how New Orleans can help young musicians In 2015, New Orleans-born rapper Pell decided to make the move to Los Angeles. He was fresh … +2 Up from the street: To build a stronger music industry, support community first. At MaCCNO, most of our team aren’t just advocates, we’re also working musicians. Here are a … +2 Live and direct: Public investment in independent venues is key to a robust music economy. I’ve spent most of my adult life looking at the New Orleans music business from every side o… +2 Helping Hand: New Orleans doesn’t need more talent. It needs more infrastructure. People love to call New Orleans a music town. And they’re right. +2 \We out here: New Orleans doesn't need to be Austin. It's already a music industry city. +2 Futureshock: New Olreans has the music talent. Now it needs the innovation. New Orleans has long been known as a place for music creation and innovation. 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Taxpayers donate to tax increase campaign
Give the man his due. President Donald Trump has undeniable talents. Colorado politicians are learning. Chief among The Don’s skills is taking the self-serving, ethically dubious behavior of previous politicians and putting it on steroids. Or, to borrow from the only documentary that tells the whole truth about anything, “This Is Spinal Tap,” Trump turns […]
Hillsborough Commission candidates talk Rays, property taxes and indigent health care
There was a lot of back-and-forth between the candidates during the discussion at the Tampa Tiger Bay Club.
Byron Donalds details affordability plans, defends Trump economy in interview
He said he would also revisit property tax cuts if Florida voters reject Amendment 3 in November.
U.S. imposes 50% tariffs on $20 billion worth of Canadian products
President Donald Trump’s import taxes will hit about 5% of what Canada ships to the United States every year, including products ranging from hockey sticks to tongue depressors.
U.S. imposes 50% tariffs on $20 billion worth of Canadian products
President Donald Trump’s import taxes will hit about 5% of what Canada ships to the United States every year, including products ranging from hockey sticks to tongue depressors.
Canadian prime minister suspends trade talks with U.S., setting new 50% tariffs in motion
The import taxes will apply to hockey sticks, building materials, liquors and certain kinds of clothing.
Scotts Valley business owners raise concerns over business license fee, road changes
A group of Scotts Valley business owners have banded together to raise awareness about the impact of a local business license tax and changes to road structures.
Sean Duffy's 'Great American Road Trip' is grift posing as a reality show
The Transportation Secretary's YouTube series follows his family as they road trip across the U.S., and while a disclaimer says no tax dollars were used, it was sponsored by companies his department regulates.
Camera AirPods Code Reveals Image Capture Resolution, Status Light, Person Detection, and More
Apple is working on camera-equipped AirPods, as indicated by various reports and a demo video of them in action discovered earlier this week. The video was found by MacRumors in the macOS Tahoe 26.7 release candidate, but it turns out there are even more details in the code. MacRumors forum member mactracker has discovered a hidden macOS framework called "AccessorySensorManager" that manages sensor data from the AirPods when they are connected to a Mac.
'Trojan horse': Opposition mounts, warnings about impacts increase from property tax amendment critics
Pushback continues against help for homeowners.
Report: Health care premiums doubled for 200,000 Washingtonians after Trump cuts
More than 200,000 Washingtonians have seen their health insurance premiums double after Republicans declined to extend enhanced Affordable Care Act premium tax
He Was Driving a $40k Car But Didn’t Have $5 for McDonald’s. Now He Runs a Multi-Million-Dollar Business.
At age 14, he didn't know what taxes were. Now he's championing financial literacy.
IRS Updates Business Interest Deduction Guidance Following Tax Law Changes
Revised FAQs for the business interest deduction explain changes to adjusted taxable income, floor plan financing, capitalization rules, and CFC inclusions.
States pour taxpayer dollars into college sports as athlete pay, soaring costs squeeze budgets
A growing number of states are providing tax dollars to university athletics.
States pour taxpayer dollars into college sports as athlete pay, soaring costs squeeze budgets
A growing number of states are providing tax dollars to university athletics.
States pour taxpayer dollars into college sports as costs squeeze budgets
A growing number of states are providing tax dollars to university athletics. North Carolina and Louisiana are earmarking sports betting taxes for their universities.
Taxin' Jackson: Troy Jackson Vows to Impose Tax Hike on Small and Midsized Businesses
Troy Jackson would impose a 60.35% combined federal-state tax rate on Maine businesses
States pour taxpayer dollars into college sports as athlete pay, soaring costs squeeze budgets
A growing number of states are providing tax dollars to university athletics. The move comes as major college sports programs now are paying millions of dollars to athletes. The financial battle for the best athletes has strained many athletic departments, which are now running deficits. North Ca...
States use tax dollars to shore up rising college sports budgets
A growing number of states are providing tax dollars to university athletics. The move comes as major college sports programs now are paying millions of dollars to athletes.
States pour taxpayer dollars into college sports as athlete pay, soaring costs squeeze budgets
A growing number of states are providing tax dollars to university athletics.
Louisiana’s college sports programs are losing money. Can sales taxes save them?
University leaders are considering setting up economic development districts, like one LSU recently created around its Baton Rouge campus, that would give their school access to sales tax revenue already being collected.
Why Manufacturers Are Paying Closer Attention to Building Envelopes
Site selection teams have to be meticulous. They model tax incentive schedules years into the future, track labor availability across competing markets, and negotiate access to highway interchanges and rail spurs.
Record June sports wagering in Arizona doesn’t translate to more tax money
People in Arizona bet more than $660 million in June, according to the Arizona Department of Gaming.
Grocers tour site of future city-run store in East Harlem
Under the program, private operators of city-owned stores will get free rent and tax dollars in order to sell staples at a 30% discount.
Train to headline Harrisonburg concert in October
Platinum-selling and Grammy-winning rock group Train is coming to Harrisonburg, headlining a concert at the Atlantic Union Bank Center on Oct. 2 with opening act Moon Taxi. The concert at
Qualified Small Business Stock – Maximizing the Gain Exclusion
By Aaron Pinegar With some advance planning, certain business owners (other than corporations) can achieve substantial tax savings on cash sale proceeds by structuring the transaction as a sale of “qualified small business stock” (commonly referred to as “QSBS,” for short, or as “1202 stock” because it is governed by section 1202 of the Internal Revenue Code of 1986, as amended (the “Code”).
Karen Bass ripped after viral video lays out taxpayer-funded match of campaign donations
Democratic Los Angeles Mayor Karen Bass faces scrutiny over a reelection ad urging donations matched 6-to-1 by taxpayers through the super match program.
Socialist bigwig blasts the wealthy while living in $1.4M Brooklyn brownstone with eyebrow-raising backstory
New York City Democratic Socialists of America co-chair Gustavo Gordillo rails against the rich from a $1.4M Bed-Stuy home his dad bought him.
Target receives $1bn boost from Trump tariff refunds
The US chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income rising to $2.6bn.
New report finds NC business tax climate remains among nation’s strongest
North Carolina’s business tax climate remains highly competitive, but a new report says the franchise tax still weighs on investment and growth.
Action 9 helps consumer get tax refund after double health insurance enrollment
A woman discovered she owed thousands of dollars for two health insurance policies after switching to private coverage.
Native businesses in WA navigate ‘very complex’ tax system, red tape
While Washington is home to a relatively sizable population of Native peoples, a disproportionately small slice own employer businesses.
Biz Beat Roundup: Stafford considering business tax
Also inside: Local Habitat chapter building six homes in Fredericksburg, downtown restaurant celebrates milestone anniversary, European-style restaurant opens in Spotsylvania
Advocates say Tiffany’s vote for 2025 Medicaid cuts bodes ill for healthcare
Healthcare advocates say they don't approve of Tom Tiffany's vote for the 2025 tax cut bill that cut Medicaid and other benefit programs.
Tijerina touts efforts to lower property taxes. Reality is more complicated
Tijerina is trying to oust longtime Democratic Congressman Henry Cuellar in South Texas.
New York politician calls Mamdani’s tax list a ‘Scarlet Letter’
Fox News anchor Martha MacCallum has the latest backlash to NYC Mayor Zohran Mamdani’s second home tax on ‘The Story.’
ASPE Report on WFTCL Impacts on Health Care Costs
The report analyzes state directed payments and provider tax provisions on Medicaid, Medicare, and commercial coverage spending.
Palm Springs moves to let all cannabis lounges serve food, host entertainment and ticketed events ⋆ The Palm Springs Post
As the city's cannabis tax revenue continues to decline., elected officials voted unanimously to advance rules allowing up to 24 ticketed events a year.
New York Republican congressman rips Hochul policies for sending businesses ‘don’t come here’ message
Rep. Mike Lawler says Kathy Hochul's data center moratorium tells companies to go elsewhere, worsening New York's out-migration and tax burden.
City Council to hold hearing on Mamdani's pied-à-terre tax rollout
The pied-à-terre tax applies to non-primary residences.
City Council to hold hearing on Mamdani's pied-à-terre tax rollout
The pied-à-terre tax applies to non-primary residences.
Leader of influential Colorado business group to resign
Dave Davia saw the group through a political war over rising property tax bills.
How California's midterm election could shape national political conflicts
In some congressional races and key battles over ballot issues, California Democrats' left-leaning wing and its more centrist forces are clashing.