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...“Mr Biden’s recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points.”...
...Biden has increasingly sought to blame corporations for high prices, and made a populist crackdown on “junk fees” part of his speech to Congress on Thursday....
...However the new minimum corporation tax would mark an increase from the 15 per cent that was implemented in 2022 as part of the Inflation Reduction Act....
...More than 60 per cent of voters support Biden’s proposed tax increases on corporations and the wealthy, according to the latest FT-Michigan Ross poll....
...Biden’s “recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points”....
...“Mr Biden’s recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points,” said Erik Gordon, a professor at the University of Michigan’s Ross...
...Here’s more of the results from the latest FT-Michigan Ross poll....
...This was because corporation tax was charged on paper profits from stock appreciation, the difference between the original cost of inventory and the inflated cost of replacing it....
...He already said during the SOTU that corporations needed to pay more taxes so expect to hear him aim his sights at corporations more as he hits the campaign trail....
...One we missed: Too Big to Fail: Inside the Battle to Save Wall Street, by Andrew Ross Sorkin....
...The next instalment of our monthly FT-Michigan Ross poll will be published this weekend. Check back here for updates....
...The January edition of the FT Michigan Ross poll showed that more than half of voters believe they have become worse off under Biden....
...Credit card interest and fees increased by $51bn in that time to $157bn, according to data provided by US banks to the Federal Deposit Insurance Corporation....
...Recommended reading Ross Douthat is so smart and always opens up my perspective on any topic....
...Chart of the day Two-thirds of Republican voters say they trust Donald Trump more than any other GOP presidential candidate to manage the US economy, according to the latest FT-Michigan Ross survey....
...Ross Gregory, a Seoul-based partner at consultancy New Electric Partners, said any ban on anode materials would be “incredibly significant”....
...The judge “basically eviscerated all of Fox’s defences . . . they had just about nothing left”, Ross said. “Fox really had its feet to the fire.”...
...Neil Ross, associate director of policy at industry group TechUK, rejected the report’s suggestion that businesses would seek to find ways to circumvent the tax as “surprising and unfounded”....
...Michigan: Ross will debut its new programme, “Building board expertise on sustainability”, in September. It targets directors of US corporations, who are facing competing forces....
...“We were going up against a behemoth,” Yaghoobzadeh said of Rupert Murdoch’s Fox Corporation. “We had to be faster, better and smarter, but we knew we had the truth on our side.”...
...The case could be “complicated by the fact that DeSantis is running for president”, said GW’s Ross....
...Rooms for rent Real estate billionaire Stephen Ross’s Related Companies has struggled to fill units in its tower for New York’s elite....
...“Liquidity stress testing/rules present an area where all countries need to do more work,” says Sheila Bair, former chair of the US Federal Deposit Insurance Corporation....
...The British Academy also last year called in its Future of the Corporation programme for business and educators alike to balance profit with people, purpose and planet....
...Andrew Hoffman, professor of sustainable enterprise at the University of Michigan’s Ross school of business has launched a series of programmes called “Management as a Calling” to help students who are interested...
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