– The Los Angeles Times
The Los Angeles Times examines this week’s “old school” labor protests across the country and poses the question: are they a prelude of battles to come, as unions face a new administration in Washington and efforts to roll back labor victories?
Most of the attention about President Elect Trump’s pledge to repeal Obamacare has been focused on the health care aspects of the action. Forbes looks at how the end of Obamacare may create “an enormous tax cut for the American people, with implications for tax reform later in the year.”
– The Wall Street Journal
Investors are bidding up shares of the most-taxed U.S. companies, wagering that a tax reform package from the Trump administration will trickle down into companies’ bottom lines.
– The Detroit Free Press
A select few businesses in Michigan could soon be able to keep taxes they withhold from employees, as part of a new initiative aimed at creating jobs. The Detroit Free Press reports that under the proposal, no more than 15 companies could take part in the program, and in exchange they’d have to create at least 250 jobs that offer above-average wages in their county or at least 500 jobs at the average wage level.