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15 days ago
The raging debate in Washington D.C. over the rising cost of living was front and center at the Potrero Power Station on Friday as California U.S. Sen. Adam Schiff used an affordable housing complex there as the backdrop to announce legislation that he said would bring a housing construction boom similar to the one seen after World War II.
The 48-page legislation - a long-shot because it will need Republican support in order to pass - is called the Housing BOOM (Building Occupancy Opportunity for Millions) Act. It proposes a massive expansion of the 9% federal low-income housing tax credits u
The 48-page legislation - a long-shot because it will need Republican support in order to pass - is called the Housing BOOM (Building Occupancy Opportunity for Millions) Act. It proposes a massive expansion of the 9% federal low-income housing tax credits u
16 days ago
Obamacare anxiety rising among House GOP centrists: 'To do this is buffoonery'
Frustration is mounting among moderate House Republicans as various competing health care plans appear to be going nowhere, with less than 10 working days left on the calendar before millions of Americans see their health insurance premiums spike.
A small but animated group of GOP centrists is imploring party leaders to extend the ObamaCare tax credits set to expire at the end of the year. But they’ve run into a wall of opposition from Speaker Mike Johnson (R-La.), who’s cold to the idea, and a larger group of c
Frustration is mounting among moderate House Republicans as various competing health care plans appear to be going nowhere, with less than 10 working days left on the calendar before millions of Americans see their health insurance premiums spike.
A small but animated group of GOP centrists is imploring party leaders to extend the ObamaCare tax credits set to expire at the end of the year. But they’ve run into a wall of opposition from Speaker Mike Johnson (R-La.), who’s cold to the idea, and a larger group of c
21 days ago
ONAWAY, Michigan — A recent decision by President Donald Trump to deny disaster aid to two electric utilities in rural northern Michigan could cost residents tens of millions of dollars.
The Oct. 22 denial is a striking example of how Trump’s cuts to disaster aid — and his vow for deeper reductions next year — threaten to shift billions of dollars in costs from federal taxpayers to households struggling to rebuild. In this case, it would hit a working-class region that voted overwhelmingly for the president last year, helping him win the crucial swing state.
Those households could now face t
The Oct. 22 denial is a striking example of how Trump’s cuts to disaster aid — and his vow for deeper reductions next year — threaten to shift billions of dollars in costs from federal taxpayers to households struggling to rebuild. In this case, it would hit a working-class region that voted overwhelmingly for the president last year, helping him win the crucial swing state.
Those households could now face t
21 days ago
Rachel Reeves’s tax and spend policies is destructive. We need a serious growth plan
https://www.telegraph.co.u...
https://www.telegraph.co.u...
25 days ago
Foreign tourists will pay $100 more at top U.S. national parks in 2026
It’s going to get much more expensive for international travelers to visit some of America’s most popular national parks.
Starting Jan. 1, 2026, "nonresidents without an annual pass will pay a $100 per person fee to enter 11 of the most visited national parks, in addition to the standard entrance fee," the Department of Interior announced on Nov. 25, among other changes.
"These policies ensure that U.S. taxpayers, who already support the National Park System, continue to enjoy affordable access, while international vis
It’s going to get much more expensive for international travelers to visit some of America’s most popular national parks.
Starting Jan. 1, 2026, "nonresidents without an annual pass will pay a $100 per person fee to enter 11 of the most visited national parks, in addition to the standard entrance fee," the Department of Interior announced on Nov. 25, among other changes.
"These policies ensure that U.S. taxpayers, who already support the National Park System, continue to enjoy affordable access, while international vis
25 days ago
Growing skepticism around GOP's plan to go all in on health savings accounts
Republicans facing voter ire over spiking health premiums are resurrecting one of their favorite ideas: Give people power to pay for medical care on their own, with tax-free dollars in individual health savings accounts.
The GOP is toying with the idea of taking federal subsidies that currently help people buy Affordable Care Act insurance and diverting some of the money into individuals’ HSAs, although passing legislation without help from Democrats is a tall order with Republicans’ slim Senate and House majoriti
Republicans facing voter ire over spiking health premiums are resurrecting one of their favorite ideas: Give people power to pay for medical care on their own, with tax-free dollars in individual health savings accounts.
The GOP is toying with the idea of taking federal subsidies that currently help people buy Affordable Care Act insurance and diverting some of the money into individuals’ HSAs, although passing legislation without help from Democrats is a tall order with Republicans’ slim Senate and House majoriti
27 days ago
HONG KONG (AP) — An unmanned, oval-shaped craft from flying taxi maker EHang hovers, whirring noisily like a mini-helicopter over a riverside innovation zone on the outskirts of the southern Chinese business hub of Guangzhou, part of a trial of a mini-flying taxi that once might have been found only in sci-fi films.
In nearby Shenzhen, food-delivery drones already are part of daily life and a novelty attraction for tourists, even if such services cost more. In the waterfront park surrounded by high-rises, Polish tourist Karolina Trzciańska and her friends ordered bubble tea and lemon tea by p
In nearby Shenzhen, food-delivery drones already are part of daily life and a novelty attraction for tourists, even if such services cost more. In the waterfront park surrounded by high-rises, Polish tourist Karolina Trzciańska and her friends ordered bubble tea and lemon tea by p
29 days ago
Federal judge bars IRS from sharing taxpayer info with immigration officials
A federal judge on Friday barred the IRS from sharing tax return information that immigration officials aimed to use to deport undocumented immigrants, saying the practice violated a taxpayer confidentiality law.
U.S. District Judge Colleen Kollar-Kotelly, a Washington-based Clinton appointee, ordered the tax agency not to disclose the confidential address information of tens of thousands of undocumented taxpayers to Immigration and Customs Enforcement until the court can review the case further.
Kollar-Kotelly a
A federal judge on Friday barred the IRS from sharing tax return information that immigration officials aimed to use to deport undocumented immigrants, saying the practice violated a taxpayer confidentiality law.
U.S. District Judge Colleen Kollar-Kotelly, a Washington-based Clinton appointee, ordered the tax agency not to disclose the confidential address information of tens of thousands of undocumented taxpayers to Immigration and Customs Enforcement until the court can review the case further.
Kollar-Kotelly a
1 month ago
GOP lawmakers clash as Trump blocks Obamacare tax credit extension
WASHINGTON — Inside a closed-door meeting of House Republicans on Tuesday, Rep. Jen Kiggans, a swing district member who is a linchpin of the party’s narrow majority, stood up and made a plea.
“Doing nothing on health care is not the right answer,” the Virginia Republican later told NBC News, summing up her message to colleagues. “I would really appreciate if we could have a timeline because we know that the end of the calendar year is coming, and I don’t want to see people’s premiums go up. I don’t want to see people lose
WASHINGTON — Inside a closed-door meeting of House Republicans on Tuesday, Rep. Jen Kiggans, a swing district member who is a linchpin of the party’s narrow majority, stood up and made a plea.
“Doing nothing on health care is not the right answer,” the Virginia Republican later told NBC News, summing up her message to colleagues. “I would really appreciate if we could have a timeline because we know that the end of the calendar year is coming, and I don’t want to see people’s premiums go up. I don’t want to see people lose
1 month ago
Europe’s economy is expected to outpace Britain’s next year as the UK reels from Labour’s tax rises and braces for more.
The EU economy will expand 1.4pc in 2026, according to new Brussels forecasts – powered by Poland and Spain.
The compares with a forecast of 1.2pc growth for the UK economy, according to the Bank of England.
Threadneedle Street has said Rachel Reeves’s decision to raise employers’ National Insurance has weighed on the economy and warned earlier this month that fears over another tax raid in the upcoming Budget were likely to hit growth well into 2026.
The EU expects infl
The EU economy will expand 1.4pc in 2026, according to new Brussels forecasts – powered by Poland and Spain.
The compares with a forecast of 1.2pc growth for the UK economy, according to the Bank of England.
Threadneedle Street has said Rachel Reeves’s decision to raise employers’ National Insurance has weighed on the economy and warned earlier this month that fears over another tax raid in the upcoming Budget were likely to hit growth well into 2026.
The EU expects infl
1 month ago
Your 2026 tax return could look very different. Here's what's changing.
(NEXSTAR) – After several key changes in 2025, experts are advising taxpayers to start preparing for the coming year now to avoid any costly mistakes.
“Taking action before the end of this year can be a huge benefit to your financial health in 2026,” Dan Snyder, director of financial planning with the American Institute of CPAs (AICPA), said in a news release. “There have been many changes in the tax and financial planning ****** e this year and now is the time to educate yourself and make changes that can affect your
(NEXSTAR) – After several key changes in 2025, experts are advising taxpayers to start preparing for the coming year now to avoid any costly mistakes.
“Taking action before the end of this year can be a huge benefit to your financial health in 2026,” Dan Snyder, director of financial planning with the American Institute of CPAs (AICPA), said in a news release. “There have been many changes in the tax and financial planning ****** e this year and now is the time to educate yourself and make changes that can affect your
1 month ago
After two years of robust growth fueled by military spending on the war in Ukraine, Russia’s economy is slowing. Oil revenues are down, the budget deficit is up and defense spending has leveled off.
The Kremlin needs money to keep its finances steady — and it’s clear where President Vladimir Putin intends to get it: at the cash register, from ordinary people and small businesses.
An increase in value-added tax to 22% from 20% is expected to add as much as 1 trillion rubles, or about $12.3 billion, to the state budget. The increase is contained in legislation already making its way through Ru
The Kremlin needs money to keep its finances steady — and it’s clear where President Vladimir Putin intends to get it: at the cash register, from ordinary people and small businesses.
An increase in value-added tax to 22% from 20% is expected to add as much as 1 trillion rubles, or about $12.3 billion, to the state budget. The increase is contained in legislation already making its way through Ru
1 month ago
How long can Russia sustain its current spending?
Why is Russia increasing VAT and other taxes?
What specific tax changes will affect ordinary Russians?
What's driving Russia's current economic slowdown?
After two years of robust growth fueled by military spending on the war in Ukraine, Russia’s economy is slowing. Oil revenues are down, the budget deficit is up and defense spending has leveled off.
https://finance.yahoo.com/...
Why is Russia increasing VAT and other taxes?
What specific tax changes will affect ordinary Russians?
What's driving Russia's current economic slowdown?
After two years of robust growth fueled by military spending on the war in Ukraine, Russia’s economy is slowing. Oil revenues are down, the budget deficit is up and defense spending has leveled off.
https://finance.yahoo.com/...
6 months ago
at the least, and for one, wars, and weapons manufacturing are perfect business for high profits off public tax budgets for the rich people
the same with the business of fear and scare
that is used to control and rule over populations, while exploiting them economically
the same with the business of fear and scare
that is used to control and rule over populations, while exploiting them economically
6 months ago
What a heartless government.
The proposed reduction in the income tax rates is a joke with the salaried persons," remarked Syed Naveed Qamar, chairman of the standing committee and former finance minister.
Tribune ePaper: Business News Paper, ePaper Online https://tribune.com.pk/epa...
https://tribune.com.pk/epa...
The proposed reduction in the income tax rates is a joke with the salaried persons," remarked Syed Naveed Qamar, chairman of the standing committee and former finance minister.
Tribune ePaper: Business News Paper, ePaper Online https://tribune.com.pk/epa...
https://tribune.com.pk/epa...
6 months ago
" Le Sénat examine jeudi la proposition de loi portant sur la taxe Zucman, qui veut fixer un impôt minimal de 2% sur les patrimoines dépassant 100 millions d'euros. "Une loi qui vient simplement mettre en conformité notre principe constitutionnel d'égalité devant l'impôt",
6 months ago
I am actually enjoying it, thank you — as an essential daily hiker, traveling wherever my feet may lead me. Today, the pleasant weather allowed me to hike from the Robinsons Nova parking lot to QC Hall to settle my property tax. Without the joy of the journey, I would likely be
6 months ago
Swinney is so concerned he buys Chinese buses and is taxing business out of Scotland
Up to 400 jobs are at risk at Falkirk and Larbert as the firm considers moving operations to Yorkshire.
Source: BBC News
Up to 400 jobs are at risk at Falkirk and Larbert as the firm considers moving operations to Yorkshire.
Source: BBC News
6 months ago
Senate Republicans are proposing to sell off up to 3.3 million acres of federally owned land in 11 Western states, according to a draft legislative text offered as part of their spending and tax cut bill.
6 months ago
Associate Director at Ernst & Young LLP, Robert Maina, states that some individuals choose not to declare their business revenue to evade tax payments
Read more news updates:
https://thekenyatimes.com
https://thekenyatimes.com
Read more news updates:
https://thekenyatimes.com
https://thekenyatimes.com
6 months ago
President Trump and Speaker Mike Johnson say their tax-and-spending bill will slash the deficit.
A growing number of their Republican colleagues disagree.
A growing number of their Republican colleagues disagree.
6 months ago
President Trump’s massive tax and budget proposal, which would add more than $3 trillion to the national debt, could increase inflation just as his tariff policies are already pushing prices up, economists warn.
7 months ago
New "Top News" post on CNBC: Trump's tax bill could end popular 'SALT' deduction workaround for certain business owners
7 months ago
With due process. Constitutional rights are not "talking points." Pres. needs congress for all taxes, campaign and business fraud he is convicted felon (that means "criminal" and campaign fraud is why he had to pay a **** star. Too bad Faux news doesnt tell you.
7 months ago
Elon Musk attacked President Trump’s sweeping tax and immigration legislation as “pork-filled” and “a disgusting abomination.” “Shame on those who voted for it: you know you did wrong,” Musk wrote on social media.
7 months ago
Yes, Elon Musk tweeted on June 3, 2025, calling the "One Big Beautiful Bill Act" a "disgusting abomination" due to its $2.5-$3.8 trillion deficit increase, as confirmed by Business Insider, CBS News, and NBC. The bill, passed by the House, extends tax cuts but may cut Medicaid
7 months ago
remember: the consumer foots the tariff tax.
thats $22.3 billion of taxpayer money. american money.
source: foxnews, republican news sources, any news source, google, business and infrastructure ******* ytics.
thats $22.3 billion of taxpayer money. american money.
source: foxnews, republican news sources, any news source, google, business and infrastructure ******* ytics.
7 months ago
15 things every UK landlord should know about Capital Gains Tax!
Read full news article by Coconut here - https://iab.org.uk/blog/15...
#tax #business #accounting #bookkeeping #finance #qualifications #vat #aml #antimoneylaundering #membership #training #capitalgains
https://iab.org.uk/blog/15...
Read full news article by Coconut here - https://iab.org.uk/blog/15...
#tax #business #accounting #bookkeeping #finance #qualifications #vat #aml #antimoneylaundering #membership #training #capitalgains
https://iab.org.uk/blog/15...
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1 month ago