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Corporate income tax rate cuts could serve as logjam for state budget debate

With the revamping of House Bill 334 last week, GOP senators, led by Sen. Paul Newton of Cabarrus County, want to eliminate the corporate tax by 2028.

Tobacco Cos To Pay $200M To End Texas Settlement Fight

Texas notified a federal court Wednesday that R.J. Reynolds Tobacco Co. and fellow tobacco company ITG Brands LLC have agreed to pay a total of more than $200 million to end the state's suit to enforce a 1998 tobacco settlement agreement. 

The national ban on Newport, Kool and other menthol squares has political roots in California

The national ban on Newport, Kool and other menthol ‘squares’ has political roots in California May 21, 2021 At a San Francisco City Hall news conference on April 18, 2017, Malia Cohen, Carol McGruder and Dr. Valerie Yerger of AATCLC announce restriction of the sale of menthol flavored tobacco products in San Francisco. On April 29, 2021, the Biden administration announced the coming elimination of all menthol cigarettes in the United States. – Photo: Malaika Kambon, People’s Eye Photography by Antonio Ray Harvey, California Black Media  Anti-tobacco advocates celebrated news last week that the Biden administration is making swift moves toward the complete elimination of flavored menthol cigarettes in the United States. On Thursday, the U.S. Food and Drug Administration (FDA) announced new rules intended to ban mentholated tobacco products like Kool, Newport, Salem and other cigarette brands in a few years. 

Opportunity zone home prices remain mixed in first quarter

Opportunity zone home prices remain mixed in first quarter
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