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Ateam Inc is engaged in planning, development and operation of games and tools & media applications for smartphone and tablets. It also engaged in planning, development and operation of information, comparison website and e-commerce.

Ateam Inc

News

Guidance

United Airlines Exec Says At This Point, Expect Domestic PRASM To Flip To Positive In September

WABC

During The Twelve Months Ending June 30, 2025, Westamerica Bancorporation Expects To Receive $309,000 In Principal Payments From Debt Securities.

Stephens &amp; Co. analyst Terry McEvoy reiterates Wintrust Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTFC#NASDAQ">WTFC</a>) with a Overweight and maintains $115 price target.

Price Target

Reiteration

Analyst Ratings

WTFC

Stephens & Co. Reiterates Overweight on Wintrust Finl, Maintains $115 Price Target

Westamerica Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WABC#NASDAQ">WABC</a>) reported quarterly earnings of $1.33 per share which beat the analyst consensus estimate of $1.30 by 2.31 percent. The company reported quarterly sales of $74.600 million which beat the analyst consensus estimate of $74.040 million by 0.76 percent. This is a 7.88 percent decrease over sales of $80.981 million the same period last year.

Earnings

Earnings Beats

Westamerica Bancorp Q2 2024 GAAP EPS $1.33 Beats $1.30 Estimate, Sales $74.600M Beat $74.040M Estimate

PDF Solutions's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PDFS#NYSE">PDFS</a>) short percent of float has risen 7.14% since its last report. The company recently reported that it has 527 thousand shares sold short, which is 1.8% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.47 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>PDF Solutions Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721315721_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for PDF Solutions has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing PDF Solutions's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, PDF Solutions's peer group average for short interest as a percentage of float is 7.40%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

PDFS

Looking Into PDF Solutions's Recent Short Interest

NextEra Energy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) short percent of float has risen 9.41% since its last report. The company recently reported that it has 38.16 million shares sold short, which is 1.86% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.45 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>NextEra Energy Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721315716_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for NextEra Energy has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing NextEra Energy's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, NextEra Energy's peer group average for short interest as a percentage of float is 2.51%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Peering Into NextEra Energy's Recent Short Interest

Hartford Finl Servs Gr's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIG#NYSE">HIG</a>) short percent of float has fallen 8.06% since its last report. The company recently reported that it has 4.38 million shares sold short, which is 1.71% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.82 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Hartford Finl Servs Gr Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721315711_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Hartford Finl Servs Gr has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Hartford Finl Servs Gr's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Hartford Finl Servs Gr's peer group average for short interest as a percentage of float is 2.09%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Hartford Finl Servs Gr's Recent Short Interest

Barclays analyst Blayne Curtis maintains NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) with a Overweight and raises the price target from $280 to $330.

NXPI

Barclays Maintains Overweight on NXP Semiconductors, Raises Price Target to $330

Blackstone Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) shares are trading higher after it reported second-quarter fiscal year 2024 adjusted revenues of $2.796 billion, beating the consensus of $2.619 <a href="https://s23.q4cdn.com/714267708/files/doc_financials/2024/q2/Blackstone2Q24EarningsPressRelease.pdf" target="_blank" rel="noreferrer noopener">billion</a>. 
Distributable earnings (DE) rose&nbsp;3%&nbsp;Y/Y to&nbsp;$1.25 billion. Fee-related earnings fell&nbsp;3%&nbsp;Y/Y to&nbsp;$1.11 billion.
Fee-related earnings fell&nbsp;18%&nbsp;Y/Y in the Real Estate&nbsp;while rising 29%&nbsp;in the Credit &amp; Insurance business and 1%&nbsp;Y/Y in the Private Equity segments.
Net accrued performance revenue declined to&nbsp;$6.21 billion&nbsp;in the quarter from&nbsp;$6.47 billion&nbsp;in the prior year quarter.&nbsp;
Distributable earnings per share of&nbsp;$0.96 (+3% Y/Y),<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener"> missing the consensus of&nbsp;$0.98</a>.
Asset under management rose&nbsp;7%&nbsp;Y/Y to&nbsp;$1.076 trillion, with inflows of&nbsp;$39.4 billion&nbsp;in the quarter.
Dividend: Blackstone declared a quarterly dividend per share of&nbsp;$0.82, payable on August 5, 2024, to shareholders of record as of July 29, 2024.
Buyback: The company repurchased 2.0 million shares in the&nbsp;second quarter. Blackstone increased share repurchase authorization to $2.0 billion.
"We reported another quarter of strong results, underpinned by nearly $40 billion of inflows and $34 billion of deployment — reflecting the highest level of investment activity in two years,&#8221; Blackstone CEO Stephen A. Schwarzman said.
This week, Blackstone disclosed that private equity funds affiliated with the firm entered into a definitive agreement to acquire Trystar, a premier provider of electrical equipment<a href="https://www.benzinga.com/markets/equities/24/07/39799606/whats-going-on-with-blackstone-shares-today" target="_blank" rel="noreferrer noopener"> used for backup power solutions</a>.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, BX stock has gained over 30% in the past year. Investors can gain exposure to the stock via&nbsp;EA Series Trust WHITEWOLF Publicly Listed Private Equity ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/LBO#BATS">LBO</a>) and Invesco Global Listed Private Equity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSP#NYSE">PSP</a>).
Price Action: BX shares are up&nbsp;3.76%&nbsp;to&nbsp;$139.93 at the last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/07/39593979/blackstone-nears-2-2b-deal-for-sale-of-japanese-supplement-maker-alinamin-report" target="_blank" rel="noreferrer noopener">Blackstone Nears $2.2B Deal For Sale Of Japanese Supplement Maker Alinamin: Report</a></li>
</ul>
Image: Shutterstock

Equities

Large Cap

Dividends

Blackstone's Strong Q2 Drives Stock Higher: Assets Under Management Up 7%

Crypto trader CrypNuevo shared a detailed Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) forecast, predicting a <a href="https://www.benzinga.com/money/bitcoin-price-prediction">bullish mid-term target</a>.
What Happened: CrypNuevo addressed three key questions: the target of a potential retrace, the new CME gap and upside targets.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> update: I&#39;m feeling confident with my plan and I believe that the next natural mid-term target is the range highs. In this analysis, I&#39;ll try to answer these 3 question&#x1f9f5; Q1: What&#39;s the target of a potential retrace? Q2: What about the new CME gap? Q3: Upside targets? <a href="https://t.co/6OjSAw8wK1">pic.twitter.com/6OjSAw8wK1</a>
&mdash; CrypNuevo &#x1f528; (@CrypNuevo) <a href="https://twitter.com/CrypNuevo/status/1813662658866098252?ref_src=twsrc%5Etfw">July 17, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
For a potential retrace, CrypNuevo suggested that many are predicting a retest of the $60,000 range lows, but he believes it&#8217;s less likely to occur. He identified chart targets between $61,500 and $62,500, and liquidity targets at $62,000 and $61,700. By combining these, he proposed an ideal area between $62,500 and $61,700.
Regarding the new CME gap, he stated, "Big CME gaps don&#8217;t necessarily get filled immediately." He cited previous examples where a delay of at least 50 days was common, implying that the current CME gap doesn&#8217;t need to be filled right away.
Addressing his last question, the trader identified the untapped highs between $71,500 and $73,700 as the next natural move. He also mentioned the liquidations at $68,000 as a good first-take profit area for a swing long.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39821600/trump-bitcoin-ethereum-etfs-tokenization-traders-reasons-for-the-most-bullish-crypto-setup">Trump, Bitcoin, Ethereum ETFs, Tokenization: Trader&#8217;s Reasons For The &#8216;Most Bullish Crypto Setup&#8217;</a>
CrypNuevo&#8217;s analysis provides valuable insights into Bitcoin&#8217;s potential movements. His assertion that the CME gap doesn&#8217;t need to be filled immediately could alleviate concerns about a potential immediate drop in Bitcoin&#8217;s price.
What&#8217;s Next: The influence of&nbsp;<a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment" target="_blank" rel="noreferrer noopener">Bitcoin as an institutional asset class</a>&nbsp;is expected to be thoroughly explored at Benzinga&#8217;s upcoming&nbsp;<a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a>&nbsp;event on Nov. 19.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39838299/bitcoin-bounce-germanys-bitcoin-supply-hits-zero-markets-react">Bitcoin Bounce: Germany&#8217;s Bitcoin Supply Hits Zero, Markets React</a></li>
</ul>
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image created using artificial intelligence with Midjourney.

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

Bitcoin's Mid-Term Target: 3 Points You Need To Know

United Airlines Exec Says There Are A Ton Of Reasons To Expect Further Reductions In Industry Of Unprofitable Flying To Push Our FY Earnings Higher

Opko Health, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPK#NASDAQ">OPK</a>) shares are trading higher Thursday after the company announced a $100 million <a href="https://www.benzinga.com/pressreleases/24/07/g39835824/opko-health-announces-100-million-share-repurchase-program">share repurchase program.</a>
The Details:
Opko said it expects to fund the repurchase program from existing cash and cash equivalents, and future cash flows. The company had approximately 697 million shares outstanding as of June 30, 2024, and the new authorization represents approximately 10.1% of shares outstanding at the current stock price.
Read Next:<a href="https://www.benzinga.com/news/earnings/24/07/39826835/discover-reports-better-than-expected-q2-results-heres-the-details"> Discover Reports Better-Than-Expected Q2 Results: Here&#8217;s The Details</a>
&#8220;We believe OPKO&#8217;s shares are significantly undervalued and offer an attractive investment opportunity. Buying back shares supports our conviction in OPKO&#8217;s strategy as we continue to advance our pipeline in the clinic and streamline our diagnostic segment on a path to profitability,&#8221; said Phillip Frost, M.D., CEO of Opko Health.&nbsp;
Additionally, Opko announced a $250 million non-dilutive note <a href="https://www.benzinga.com/news/24/07/39827620/why-opko-health-shares-are-up-after-hours">purchase agreement </a>with HealthCare Royalty (HCRx) after the market close Wednesday. Opko said the purchase agreement is secured by its profit share payments from Pfizer received pursuant to its license agreement relating to NGENLA, a once-weekly treatment to treat pediatric growth hormone deficiency.
According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Opko Health shares are moving on heavy volume and are trading above the stock&#8217;s 50-day moving average of $1.31.&nbsp;
<h2 class="wp-block-heading">Should I Sell My OPK Stock?</h2>
When deciding to hold on to or sell a stock, investors should consider their time horizon, unrealized gains and total return.
Shares of Opko Health have decreased by 27.39% in the past year. An investor who bought shares of Opko Health at the beginning of the year would take a loss of $0.03 per share if they sold it today. The stock has risen 24.15% over the past month, meaning an investor who bought shares on June 1 would see a capital gain of $0.12.
Opko Health shares have an all-time high of $5.15, representing 234.55% upside from current levels.
Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. Opko Health stock currently has an RSI of 84.21, indicating overbought conditions.
For access to advanced charting and analysis tools and stock data, check out <a href="https://pro.benzinga.com/">Benzinga PRO. Try it for free.</a> 
OPK Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Opko Health shares are up 3.87% at $1.47 at the time of publication Thursday.
Read Also:
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39827454/what-happened-with-intel-stock-today">What Happened With Intel Stock Today?</a></li>
</ul>
Image: Shutterstock

Movers

Opko Health Stock Is Climbing: What's Going On?

United Airlines Exec Says Based On Current Published Industry Capacity, Expect Full-year Earnings To Be At The Low End Of $9-$11 Per Share Forecast

Stephens &amp; Co. analyst Matt Olney reiterates Bank OZK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OZK#NASDAQ">OZK</a>) with a Equal-Weight and maintains $50 price target.

Stephens & Co. Reiterates Equal-Weight on Bank OZK, Maintains $50 Price Target

<a href="https://blog.google/technology/safety-security/google-coalition-for-secure-ai/" title="https://blog.google/technology/safety-security/google-coalition-for-secure-ai/">https://blog.google/technology/safety-security/google-coalition-for-secure-ai/</a>

GOOG

GOOGL

'Introducing The Coalition for Secure AI (CoSAI) And Founding Member Organizations' - Google

Barclays analyst Blayne Curtis maintains Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) with a Equal-Weight and raises the price target from $235 to $250.

Barclays Maintains Equal-Weight on Analog Devices, Raises Price Target to $250

Stephens &amp; Co. analyst Andrew Terrell reiterates Banner (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANR#NASDAQ">BANR</a>) with a Overweight and maintains $53 price target.

BANR

Stephens & Co. Reiterates Overweight on Banner, Maintains $53 Price Target

Asset Sales

LILM

Saudia Group Sign Global Agreement To Acquire 50 Lilium Jets With Options To Purchase 50 More; Financial Terms Not Disclosed

Project 2025 is a contentious set of policy proposals from the conservative think tank, The Heritage Foundation, intended for implementation should a Republican president <a href="https://www.benzinga.com/topic/2024-election">assume office in 2025.</a> Economists and tax experts argue that the 900-page manifesto&#8217;s proposed reforms to the <a href="https://www.benzinga.com/topic/taxes">U.S. tax system</a> would <a href="https://www.benzinga.com/personal-finance/24/06/39483587/decades-of-data-reveal-a-steady-decline-in-americas-middle-class-according-to-latest-research">exacerbate economic inequality.</a>
Proposed Tax Reforms: According to Project 2025&#8217;s &#8220;Mandate for Leadership&#8221; document, the authors&#8217; goal is to &#8220;simplify the tax code.&#8221;
The document proposes changing the U.S. tax system by adopting two flat tax brackets. Individuals making over $168,000 a year would pay 30% in federal income tax. Individuals making under $168,000 a year would pay 15%. It would also eliminate most deductions, credits and exclusions.
Project 2025 also proposes lowering the corporate income tax from 21% to 18%. In 2017, former President Donald Trump lowered the rate from 35% to 21%, and, <a href="https://www.bloomberg.com/features/2024-trump-interview/">according</a> to a Bloomberg interview, he wants to lower it further to 15% if elected in 2024.
Why it Matters: Currently, the bottom 50% of Americans pay an average effective federal tax rate of 3.3% <a href="https://taxfoundation.org/data/all/federal/latest-federal-income-tax-data-2024/">according</a> to the Tax Foundation. This would likely rise under a new tax system. The poorest Americans already have <a href="https://www.benzinga.com/partner/emerging-markets/24/07/39688441/could-ai-threaten-the-grid-companies-like-ben-are-bringing-efficient-ai-technology-to-th">higher tax incidence</a> on regressive taxes such as sales or gasoline.
The U.S. currently has a graduated income tax system with seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. The idea of a graduated tax system is to lower the tax incidence of people with a lower ability to pay and institute higher tax incidence for people with a greater ability to pay.
Brendan Duke, senior director at the left-leaning Center for American Progress, <a href="https://www.cbsnews.com/news/project-2025-tax-trump-economy-heritage-foundation-how-it-works/">told</a> CBS News that Project 2025&#8217;s tax plan would mean that a middle-class family with two children and an annual income of $100,000 would pay an estimated $2,600 in additional federal income tax due to the loss of the 10% and 12% tax brackets.
Famed billionaire investor Warren Buffett has long advocated for <a href="https://www.benzinga.com/personal-finance/24/04/38319480/warren-buffett-wants-higher-taxes-for-the-ultra-rich-including-himself-says-my-friends-and-i-hav">higher tax rates</a> for the wealthy. In May, Buffett said that no Americans would have to pay a <a href="https://www.benzinga.com/government/24/05/38630925/buffett-says-no-other-americans-would-have-had-to-pay-even-a-dime-in-federal-taxes-if-this-had-happe">federal income tax</a> if corporations fulfilled their tax obligations.
William G. Gale, an expert at the non-partisan Tax Policy Center, <a href="https://www.taxpolicycenter.org/taxvox/radical-income-tax-simplification">wrote</a> a blog post in March arguing for &#8220;a simpler and more progressive [graduated] system.&#8221; He also warned about the pitfalls of some ideas to simplify the tax system.
&#8220;The problem is that simplifying the tax system cannot occur in a vacuum. The tax system did not get complicated by accident. The provisions in the code were all inserted for some purpose, whether to promote fairness, economic growth, social policy goals, or better tax compliance,&#8221; Gale wrote.
The Heritage Foundation spent $22 million to finance Project 2025, <a href="https://www.nytimes.com/2023/12/01/us/politics/heritage-foundation-2025-questionnaire.html">according</a> to the New York Times. The University of Pennsylvania <a href="https://guides.library.upenn.edu/c.php?g=1035991&amp;p=7509974">ranks</a> it among the most influential think tanks in the U.S.
Trump <a href="https://www.benzinga.com/news/24/07/39654177/trump-distances-himself-from-project-2025-amid-rising-controversy-i-know-nothing">states he &#8220;know [s] nothing&#8221;</a> about Project 2025, although the initiative was <a href="https://www.nbcnews.com/politics/donald-trump/project-2025-trump-heritage-foundation-what-know-rcna161338">spearheaded</a> by several of his former officials and allies.
<a href="https://www.snopes.com/fact-check/coors-walmart-exxonmobil-project-2025/">According</a> to Snopes, the Coors and Walton families&#8217; billion-dollar empires donated to the Heritage Foundation<a href="https://www.snopes.com/fact-check/coors-walmart-exxonmobil-project-2025/"> in the past</a>.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/etfs/sector-etfs/24/07/39837570/unemployment-claims-rise-more-than-expected-boosting-hopes-for-rate-cuts-as-cracks-in-labor-mark">Unemployment Claims Rise More Than Expected, Boosting Hopes For Rate Cuts As Cracks In Labor Market Emerge</a></li>
</ul>
Photo: Shutterstock

Government

Politics

Project 2025 Wants To Radically Change US Tax Policy: Would You Pay More Or Less In Taxes?

Barclays analyst Jason Goldberg maintains Ally Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLY#NYSE">ALLY</a>) with a Equal-Weight and raises the price target from $43 to $44.

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Ateam

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