Seattle sugary drinks tax to start on New Year’s Day
Seattle voters enacted a 1.75 cents per fluid ounce tax on distribution of sodas and sweetened beverages with exemptions for small manufacturers. The levy, joining other U.S. locales, aims to curb consumption while opponents warn of impacts on small businesses and low income consumers.
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Dollar General expands as rivals struggle with store closings
Dollar General announced its 17th U.S. distribution center in Longview Texas, a nearly 1 million square foot facility expected to create about 400 jobs. The expansion, part of aggressive growth alongside plans for 900 new locations, underscores its rural and exurban strategy amid a slowing retail sector.
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Time to enact a tax strategy
Matthew Frankel discusses tax moves for 2018 including boosting 401k contributions before year end, using tax loss harvesting to offset gains or income, and donating appreciated securities to charity to avoid capital gains while securing a deduction.
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