Taxes

It's Handbags At Dawn: America To Hit France With 25% Tariffs On Luxuries Over Digital Tax On Us...

Bags, soap, cosmetics covered, Trump admin backs away from President’s threatened wine levy America is moving ahead with massive 25 per cent tariffs on French products in retaliation for the Euro nation approving a new digital tax aimed squarely...
Related topics: France

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Pakistan Pitches ‘most Relaxed Tax Structure’ In The World To Tech Investors

Minister declares special economic zones are open to even China and Russian money so long as they do something digital or medical Pakistan has become the latest Asian nation to declare it will roll out the welcome mat for foreign investors who want...
Related topics: Pakistan, China

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New Jersey Puts $578 Million In Controversial Tax Breaks On Hold After Investigation

Nancy Solomon, WNYC ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re...

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Giuliani: Trump’s Tax Audits Have Been ‘completed And Accepted’ — Except Maybe Not

Former Lifelock spokesperson Rudy Giuliani tells Salon that the audits of President Trump’s tax returns have been “completed and accepted,” except for “possibly not most recent.” Giuliani was confirming claims he made...
Related topics: Tax Audit

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Us Budget Deficit Hits All-time High Of $864 Billion In June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues

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Japan Economy Collapsing -- Yet The Worse Is Still To Come

Japan Economy Collapsing -- Yet The Worse is still to Come Japan, the world’s third-largest economy, shrank at the fastest rate in five years at the end of 2019 as it was hit by a sales tax rise, a major typhoon, and weak global demand....
Related topics: Japan

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Abigail Disney One Of 83 Elites Demanding Taxes Be ‘permanently’ Raised On Rich

Elites are literally begging world governments to raise taxes on the wealthy in a pathetic attempt to appear generous. In a letter headlined, “Millionaires for Humanity,” liberal progressive signatories like Disney heiress and Emmy-winning...
Related topics: Disney

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Trump Adviser: Next Round Of Virus Aid May Include Tax 'holiday' For The Wealthy

A capital gains tax holiday would disproportionately benefit the wealthiest 1% of Americans. Donald Trump's top economic adviser said the administration is considering pushing for a "capital gains holiday" in a new round of coronavirus aid. "There...
Related topics: Donald Trump

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Millionaires Call On Governments To Tax The Rich To Pay For Virus Relief

Millionaires from countries around the world are asking their governments to raise taxes on them and other wealthy individuals to help with responses to the coronavirus pandemic. “Today, we, the undersigned millionaires, ask our governments to...

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Wholesalers Pleased French Wine Excluded From Tariff List In Digital Tax Dispute

The Wine & Spirits Wholesalers of America (WSWA) is cheering the Trump administration's decision to leave French wine off a list of products set to be subject to tariffs in response to France's new digital services tax.The Office of the United...
Related topics: France

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New Research Boosts Our Understanding Of The Effective Marginal Tax Rates For The Poor

Does the American welfare system adequately encourage the poor to achieve self-sufficiency, or is it a “poverty trap” that locks welfare beneficiaries into a lifetime of dependency? The question has been debated endlessly with no clear win for...

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Watch Live: Monday White House Press Briefing With Kayleigh Mcenany

White House Press Secretary Kayleigh McEnany is set to hold her next press briefing at 1 p.m. EDT on Monday. During her last press briefing on Thursday, McEnany was questioned over the Supreme Court ruling on President Donald Trump’s tax...
Related topics: White House, Donald Trump

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Citizen Vs. Government (vol. 3)

A citizen and the government have a friendly chat about taxes, gambling, and Social Security. Mac vs. PC parody written by Austin Bragg, Meredith Bragg, and Andrew Heaton. Starring Austin Bragg and Andrew Heaton. Produced by Meredith and Austin...
Related topics: Social Security

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2020 Ford Escape Plug-in Hybrid Is Pretty Affordable After Tax Credits - Roadshow

With the Escape PHEV's large battery onboard, the federal tax credit will shave $6,843 off the price.
Related topics: Ford

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Giuliani Contradicts Trump's Claim That His Taxes Are Being Audited

Trump has claimed for years that he would release his tax returns as soon as audits were completed. Donald Trump's personal lawyer Rudy Giuliani said on Sunday that his client's tax returns are not being audited, exposing a lie Trump has used for...
Related topics: Donald Trump, Tax Audit

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Bear Of The Day: Simon Property Group (spg)

The performance of Real Estate Investment Trusts has been a mixed bag lately. On one hand, public companies that own rental properties and are required by law to pay out 90% of their pre-tax income to shareholders have been providing yields that are...

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Edward Kleinbard, Tax Lawyer Turned Reformer, Dies At 68

After advising multinationals for 30 years, he began teaching and writing, criticizing corporate tax dodging and pressing for higher taxes to combat inequality.

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What Happens If I Owe Money On My Taxes But Don’t Pay?

Most people who file their taxes get money back in refund form as a result. But that doesn't always happen. If your earnings increased a lot but you never adjusted your withholding, you could have an underpayment on your hands, which means you owe...
Related topics: IRS

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Favoring Hi-tech Tax Cheats Over Consumers Of French Wine

Favoring Hi-Tech Tax Cheats Over Consumers of French Wine Hoping to buy a nice bottle of French wine? Doug Palmer of Poltico has some bad news for you: The Trump administration announced Friday a 25 percent tariff on $1.3 billion worth of French...

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Still Waiting For Your 2019 Tax Refund? You May Be Surprised Your Check Is A Little Bigger Than...

Since the IRS has extended the 2019 tax deadline to July 15, 2020, there are millions of Americans still waiting for refund checks. And it's not just people who haven't filed yet who haven't received their refunds -- the IRS is also sitting on...
Related topics: IRS

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