Marcus Hale
California Voters Reject Proposition 40 Billionaire Wealth Tax
A rare loss for the left in the Golden State as the one-time tax on billionaires' net worth goes down.
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Economy & Business Correspondent
Marcus Hale
Charlotte, North Carolina
Inflation, jobs, energy, taxes, markets and small business.
Main Street isn’t a talking point. It’s my dad’s barbershop.
His story
Marcus grew up in Charlotte, the son of a barber who owned his own shop for forty years. He started sweeping hair off the floor at eight and was doing the books by fourteen. His father taught him that a business is a promise you keep every single day.
He served as an Army logistics officer, then earned an MBA and built a regional trucking company with sixty trucks. He has made payroll, fought regulators and lived through two recessions as an owner, not an observer.
He sold the company to cover the economy for the people who actually run it.
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Marcus Hale
IRS Releases 2027 Tax Brackets and Inflation Adjustments: What It Means for Your Wallet
About 70 provisions adjust for inflation to prevent 'bracket creep,' but several popular breaks from the 2025 tax law stay frozen.
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