#taxes

#taxes

Trump opposes Hochul's congestion pricing plan, calling it a regressive tax that will harm struggling New Yorkers and deter business growth.

Paying taxes is a serious obligation that can lead to severe legal consequences if not met.

Understanding tax implications of synthetic positions is essential for optimizing returns and compliance.

Upcoming elections may hinge on future U.S. tax policies, particularly capital gains tax and estate planning measures.

Athletes express concern about taxes and their effective allocation in Massachusetts, advocating for transparency and voter engagement in political processes.

Legal cannabis businesses face steep taxes and competition from unregulated markets, complicating their financial viability.

Wealthy Californians are relocating to Paradise Valley for its spacious estates and favorable tax policies.

A no-tax-on-tips policy could significantly change tipping culture by creating incentives for both workers and businesses.

Calls for higher taxes on the super-rich are gaining traction globally.

Residents are leaving NYC due to high crime and taxes, being replaced by illegal migrants.

New York City's population is maintained by migrants, while taxpaying residents are leaving.

Non-dom rules axed in the UK, moving towards a residency-based tax system from April 2025.

Transitional arrangements in place for current non-doms, encouraging them to bring wealth to the UK.

New York Governor asks online sites to hide illegal cannabis dispensaries

Legal marijuana shops in New York face challenges in competition with illegal vendors.

California's state Franchise Tax Board received 4.5 million personal tax returns during last year's extension period following catastrophic winter storms.

California provides an automatic extension to file every year, but payment is still due April 15.

Social media influencers may need to pay taxes on their income depending on whether their work is considered a hobby or a business.

The Australian Taxation Office (ATO) uses several factors to determine if an influencer's work is a taxable business, including the commercial purpose, intention to engage in business, purpose of profit, regularity, and repetition of the activity.

A Berkeley Public Works employee is facing charges for allegedly threatening his supervisor at the Berkeley Corporation Yard.

The employee, Pat Lynn Urdahl, is accused of making threats out of anger for having to pay taxes instead of receiving a refund.

Rishi Sunak has admitted to failing on his promise to cut NHS waiting lists, which is the first time the prime minister has acknowledged being off track on his key targets.

Sunak's pledge to get the UK economy growing again is still uncertain, but he claims that he will stop the boats once deportation flights to Rwanda start running.

Farmers in Belgium have blocked roads leading to a European Union summit in Brussels using tractors as a form of protest.

The farmers are complaining about taxes, rising costs, cheap imports, rules, and bureaucracy.

Agricultural workers in Romania, Germany, and France are protesting against green policies and taxes, demanding more government subsidies.

Farmers in these countries claim that they are being negatively impacted by environmental reforms and need subsidies to offset the costs.

Los Angeles is seeing an increase in wealthy residents leaving the city in search of lower taxes and more favorable conditions in other states.

The mansion tax, which took effect in April, has been a significant factor in driving wealthy residents out of Los Angeles.

74% of millionaires in G20 countries support higher taxes on extreme wealth to address the cost-of-living crisis and improve public services.

More than 70% of respondents believe that wealth helps buy political influence and see extreme concentrations of wealth as corrosive to democracy.

Governor Newsom criticized a proposal for a tax on wealthy Californians during his budget presentation.

The plan for a state tax on ultra-millionaires and billionaires was quickly shelved by state lawmakers.

The top 1% in four out of every five states pay a lower tax rate than middle-class and low-income residents.

The majority of states have tax systems that disproportionately burden lower-income families, according to the report by the Institute on Taxation and Economic Policy.

German farmers are protesting proposed diesel subsidy cuts and taxes that could cost them up to 1 billion euros.

The government is justifying the cuts as a way to address the country's budget deficit and reduce climate-damaging subsidies.