Boston Mayor Wu’s plan to increase commercial tax rates advances in Legislature:
Despite being met with skepticism last week at the State House ...
bostonherald.com/2024/07/25/boston-mayor-wus-plan-to-increase-commercial-tax-rates-advances-in-legislature/
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IRS has collected $1.3 billion from wealthy taxpayers by ramping up enforcement: The Internal Revenue Service said Friday that it has collected nearly $1 ...
cnn.com/2024/09/06/politics/irs-inflation-reduction-act-wealthy-taxpayers/
Unbelievable Raygun photo emerges: If any doubt remained that Rachael “Raygun” Gunn’s life had changed after her controversial breakdancing performance in Paris ...
news.com.au/sport/raygun-has-been-seen-hanging-out-with-an-unexpected-celebrity-friend/news-story/f7e278148a1c55464912c35b6c3b64eb
People who have £7,500 in savings could face an HMRC bill: A personal finance expert has shared key mistakes and pitfalls in the savings account process that ...
coventrytelegraph.net/news/uk-world-news/people-who-7500-savings-accounts-29881307
Sri Lanka Election 2024: When Is Polling Day, and Who Is Expected to Win?: Two years after an economic meltdown almost doubled the rate of poverty in Sri Lanka ...
bloomberg.com/news/articles/2024-09-04/sri-lanka-election-2024-when-is-polling-day-and-who-is-expected-to-win
Guyana Chronicle Sep 06
Mayor Mentore needs to stop dodging the facts! - Guyana Chronicle: Dear Editor, I WRITE in response to Mayor Mentore's latest attempt at obfuscating the ...
guyanachronicle.com/2024/09/06/mayor-mentore-needs-to-stop-dodging-the-facts/
Bill for gig workers misses the mark: Bill for gig workers misses the mark
deccanherald.com/opinion/bill-for-gig-workers-misses-the-mark-3179034
BPS welcomes thousands of students back to school: Despite excitement over a new bus tracking app, the morning already saw transportation hiccups.
bostonglobe.com/2024/09/05/metro/bps-first-day-school-transportation/
Quick Glance: Father of School Shooter Arrested, Charged with Murder
- The father of the 14-year-old student accused of a school shooting in Winder, Georgia, has been arrested and charged with murder.
- Colin Gray faces multiple charges, while his son Colt Gray is charged with four counts of felony murder, following the deaths of two teachers and two students.
- Nine individuals, including one teacher, were injured in the shooting, with all expected to make a full recovery.
- Investigations continue to determine how Colt obtained the weapon and his motive, with indications of an obsession with mass shooters.
CNA Sep 04
Singapore's tax revenue up 17%, with over S$80 billion collected: SINGAPORE: Singapore collected S$80.3 billion (US$61.4 billion) in tax revenue for the ...
channelnewsasia.com/singapore/iras-tax-revenue-increases-financial-year-2023-2024-4585181
Quick Glance: Harris' Unrealized Gains Tax: A Historic Mistake
- Vice President Kamala Harris proposed a tax on unrealized capital gains that could negatively impact all investors.
- Historically, taxes aimed at the wealthy often expand to affect the entire population.
- Such taxes, like the income tax, initially target a small group but eventually encompass broader income levels.
- There are concerns that Harris' tax could eventually burden the middle class while the wealthy find ways to lessen their tax obligations.
Trump says Elon Musk has agreed to lead proposed government efficiency commission as ex-president unveils new economic plans
cnn.com/2024/09/05/politics/trump-economic-plans-musk-government-commission/
Quick Glance: Trump Proposes Efficiency Commission for Government Reform
- Donald Trump called for the establishment of an efficiency commission in New York, tasked with auditing the federal government and suggesting significant reforms to cut costs.
- Elon Musk was named as the commission's leader, which aims to save 'billions and billions' despite potential conflicts of interest due to his business ties.
- Trump announced intentions to reduce existing regulations and lower the corporate tax rate to 15%, while proposing new protectionist measures on foreign goods.
- He criticized the economic agenda of opponent Kamala Harris, claiming his plans would stimulate economic growth, countering reports from experts suggesting otherwise.
Luxembourg ESG Tax Break: Asset Managers Struggle to Take Advantage of Perk: A tax break intended to lure ESG investors to Luxembourg is proving elusive ...
bloomberg.com/news/articles/2024-09-05/asset-managers-struggle-with-luxembourg-tax-perk-esg-regulation
WATCH: IRS has recovered $1.3 billion in unpaid taxes from wealthy tax dodgers, Yellen says
pbs.org/newshour/economy/watch-irs-has-recovered-1-3-billion-in-unpaid-taxes-from-wealthy-tax-dodgers-yellen-says
Quick Glance: IRS Recovers $1.3 Billion from Wealthy Tax Evaders
- The IRS has collected $1.3 billion from high-wealth tax evaders since last fall due to increased enforcement efforts.
- Treasury Secretary Janet Yellen highlighted that the top 1% of wealthy Americans owed over one-fifth of all unpaid taxes in 2019.
- Nearly 80% of the 1,600 millionaires targeted by the IRS have made payments, resulting in over $1.1 billion recovered.
- Additionally, the IRS launched a Direct File program for simple tax returns, leading to over $90 million in refunds.
Traffic researcher: Large cars harm everyone involved: Fatter cars, fatter profits - the main reason for ever heavier cars. At the same time ...
deutschlandfunk.de/dicke-autos-schaedlich-und-teuer-fuer-umwelt-und-mitbuerger-helmut-holzapfel-dlf-c672556f-100.html
Harris to break with Biden on capital gains tax, proposing a smaller increase: In an economic speech in New Hampshire on Wednesday, Vice President Kamala Harris ...
cnn.com/2024/09/04/politics/kamala-harris-capital-gains-tax/
Quick Glance: Harris Proposes Moderate Capital Gains Tax Increase
- Vice President Kamala Harris intends to raise the capital gains tax rate to 28% for wealthy Americans, diverging from President Biden's proposal.
- She continues to support higher taxes on the wealthy but believes a lower rate would encourage investments in startups.
- Additionally, she has suggested increasing the corporate tax rate to 28% and aims to support small businesses.
- Harris is positioning herself as a moderate candidate while endorsing some populist policies.
Trump and Vance Took Questions on Child Care. Their Non-Answers Said a Lot.: The former president and his running mate gave nearly equally confusing answers when ...
nytimes.com/2024/09/06/us/politics/trump-vance-child-care.html
Motorhome 'tourist tax' for Scottish island backed using number plate recognition cameras
scotsman.com/news/scottish-news/motorhome-tax-scottish-island-campervans-charge-isle-of-skye-4763150
Hunter Biden to change plea to guilty in federal tax case: Hunter Biden plans to plead guilty in his federal tax case, his defense attorney said in court ...
trib.al/tvRb1bx
Quick Glance: Hunter Biden Pursues Alford Plea in Tax Case
- An attorney for Hunter Biden announced plans for an Alford plea in his Los Angeles federal tax trial.
- This plea would involve Biden admitting guilt to the charges while maintaining innocence regarding the underlying actions.
- Prosecutors expressed surprise at this change, stating they would only accept a straightforward guilty plea.
- The specific terms of Biden's proposed plea remain unclear as the judge encouraged discussions among the parties during a recess.
Kamala Harris makes small business pitch with boost to start-up tax relief: Proposed expansion of deductions follows pressure on US vice-president to detail her ...
ft.com/content/4b0ee008-3dbd-4a13-97ff-cc4f8948c4de
Quick Glance: Harris Proposes $50,000 Tax Incentive for Startups
- Vice President Kamala Harris is set to propose a $50,000 tax incentive for small businesses to encourage entrepreneurship.
- This plan aims to differentiate her economic policies from Trump's and is expected to be unveiled at a speech in New Hampshire.
- The campaign seeks to enhance support for small businesses while targeting 25 million new business applications during her first term.
- Despite the political appeal of supporting small businesses, the effectiveness of tax incentives remains uncertain.
Trump turns to outlandish promises to offset $7 trillion in tax cuts: The former president pushes a sovereign wealth fund, unrealistic promises over a spending ...
washingtonpost.com/business/2024/09/06/trump-tax-cuts-deficit/
I grew up in Minnesota. I'll take Kim Reynolds' values over Tim Walz's extremism.
desmoinesregister.com/story/opinion/columnists/iowa-view/2024/09/01/kim-reynolds-values-beat-tim-walz-extremism-minnesota-iowa/74989276007/
October budget will be 'painful' Sir Keir Starmer says - giving biggest hint yet of tax rises
news.sky.com/story/october-budget-will-be-painful-sir-keir-starmer-says-giving-biggest-hint-yet-of-tax-rises-13204015
Quick Glance: Starmer Pursues German Deal to Shift Brexit Dynamics
- Sir Keir Starmer is advocating for priority access to the German economy for UK businesses.
- Talks with German Chancellor Olaf Scholz regarding a new treaty will commence on Wednesday.
- The UK government aims to boost trade and economic activity through the agreement with Berlin.
- An insider noted that while all elements of the agreement are negotiable, preferential access is a key goal.
Is DeSantis losing his grip on Florida?: Lawmakers say not necessarily. But the ongoing saga over the state’s parks has some wondering.
tampabay.com/news/florida-politics/2024/08/29/is-desantis-losing-his-grip-florida/
Quick Glance: DeSantis' Influence in Florida Wanes?
- Florida Governor Ron DeSantis faces a revolt within his party after his proposals for state parks met with significant backlash.
- Prominent Republicans, including U.S. Senators and Representatives, publicly criticized the plans, forcing DeSantis to scrap them and reassess his approach.
- This situation suggests lawmakers are becoming more comfortable opposing the governor, indicating a potential shift in the political culture in Tallahassee.
- While DeSantis still holds political influence, upcoming elections and support for controversial measures may further challenge his control.
UN votes to adopt roadmap for global tax convention - ICIJ: The vote clears the way for U.N. member states negotiate a historic framework to tackle international ...
icij.org/news/2024/08/un-votes-to-adopt-roadmap-for-global-tax-convention/
Quick Glance: UN Approves Roadmap for Global Tax Convention
- A significant majority of 110 countries at the United Nations approved a new global tax framework aimed at providing a fresh approach to taxing multinational corporations and wealthy individuals. This decision came after three weeks of discussions in New York on August 16.
- The newly adopted guidelines include commitments to combat tax evasion and avoidance, as well as to ensure a fair distribution of taxing rights. A Nigerian delegate described the text as a "blueprint for transforming international tax cooperation," highlighting the urgent need for a U.N.-led initiative.
- The process began nearly two years ago when African member states proposed creating an inclusive forum for international tax cooperation. The next steps include another vote in September, followed by negotiations on the content of the tax convention in the coming year.
- Some wealthy nations that opposed the guidelines advocated for looser commitments, which experts warned might weaken the convention. U.N. Secretary-General António Guterres had previously called for a reform of global tax rules and greater U.N. influence to better address the needs of developing countries.
Comment: The tax authorities should reconsider the low taxation of assets: Less taxation of current income seems possible - but with more taxation of assets at ...
handelsblatt.com/finanzen/steuern-recht/steuern/kommentar-fiskus-sollte-die-geringe-besteuerung-von-vermoegen-ueberdenken/100062154.html
Adam Bandt pledges to supersize corporate taxes: To sweeten the deal, the Greens say much of the revenue would pay for cost-of-living measures ...
smh.com.au/politics/federal/adam-bandt-pledges-to-supersize-corporate-taxes-20240827-p5k5ol.html
Trump Proposes Sovereign Wealth Fund For U.S.—What To Know About The State-Owned Budget
forbes.com/sites/antoniopequenoiv/2024/09/05/trump-proposes-sovereign-wealth-fund-for-us-what-to-know-about-the-state-owned-budget/
Hunter Biden's federal tax trial to open Thursday with jury selection: He is accused of failing to pay at least $1.4 million in federal taxes between 2016 ...
axios.com/2024/09/05/hunter-biden-tax-trial-jury-selection
What We Know About Kamala Harris’s $5 Trillion Tax Plan So Far: The vice president supports the tax increases proposed by the Biden White House ...
nytimes.com/2024/08/22/us/politics/kamala-harris-tax-plan.html
Donors Quietly Push Harris to Drop Tax on Ultrawealthy: Vice President Kamala Harris’s fund-raising has benefited from a surge of interest from Silicon Valley ...
nytimes.com/2024/08/29/us/politics/donors-harris-tax-ultrawealthy.html
Donald Trump touts economic plan to slash prices and taps Elon Musk to help: Former president vows to cut taxes, pare regulations, boost fossil fuels and raise ...
ft.com/content/f9f6b40c-7f00-49aa-883e-b82df6d76267
Quick Glance: Trump Unveils Economic Strategy with Tax Cuts and Tariffs
- Donald Trump presented a comprehensive economic plan emphasizing lower taxes, higher tariffs, and reduced regulations.
- He promised to establish an efficiency commission to identify waste in government and create a sovereign wealth fund for infrastructure and debt reduction.
- Trump criticized Kamala Harris's economic policies, claiming they would financially burden American families.
- His plan includes lowering the corporate tax rate to 15% for companies manufacturing in the U.S., while imposing tariffs on those that outsource jobs.
CNA Sep 05
Undertaker Roland Tay given S$12,000 fine and penalty of about S$529,000 for tax offences
channelnewsasia.com/singapore/roland-tay-undertaker-given-s12000-fine-and-penalty-about-s529000-tax-offences-4588226
$1.3B in unpaid taxes recovered from high-income Americans: The Department of Treasury announced Friday that it had recovered $1.3 billion of unpaid taxes from ...
trib.al/FPrkv1I
Black hole 'likely larger than £22bn' - as ministers pushed to scrap projects immediately
news.sky.com/story/black-hole-likely-larger-than-22bn-as-ministers-pushed-to-scrap-projects-immediately-13208937
Number of retirement millionaires hits record high: Only the wealthy can achieve this.
axios.com/2024/08/29/retirement-millionaires-401k-savings
Harris campaign slams Trump agenda as a 'deficit bomb,' seeking to flip the script on fiscal responsibility
nbcnews.com/politics/2024-election/harris-campaign-slams-trump-agenda-deficit-bomb-fiscal-responsibility-rcna168107
Prince Harry to receive 'more than £4m' on 40th birthday as will gift: Duke of Sussex to take share of tax free cash offered by his great grandmother
standard.co.uk/news/uk/prince-harry-to-receive-more-than-ps4m-on-40th-birthday-as-will-gift-b1180689.html
Quick Glance: Harry to Receive £4 Million for 40th Birthday
- Prince Harry is set to receive a share from an £8 million fund established in the Queen Mother's will on his 40th birthday.
- He celebrates his birthday on September 15 and will take his portion allocated to all of Elizabeth's great-grandchildren.
- Harry is expected to receive the bulk of the tax-free amount due to his access to the Duchy of Cornwall's fortune, as he increasingly needs to support himself financially.
- The fund was created in 1994 to provide financial assistance to the Queen Mother's great-grandchildren as they grew older.
‘What the Hell’: White House Slams Trump’s Incoherent Child Care Response: Donald Trump's incoherent response to a question about the rising costs of child ...
rollingstone.com/politics/politics-news/trump-child-care-rambling-white-house-1235096490/
Chancellor Rachel Reeves refuses to rule out inheritance and capital gains tax rises
news.sky.com/story/chancellor-rachel-reeves-refuses-to-rule-out-inheritance-and-capital-gains-tax-rises-13204665
In Labor Day union rally Harris slams Trump for overtime benefits, tax cuts: Vice President Harris addressed a crowd of union members in Detroit, Mich ...
trib.al/1CWNW4P
Qantas financial year profit falls to $1.25 billion, partly driven by fares moderating
abc.net.au/news/2024-08-29/qantas-posts-fall-in-its-post-tax-profit-to-1-25-billion/104271934
Quick Glance: Qantas Reports $1.25 Billion Profit Decline
- Qantas reported a 28 percent decrease in post-tax profit to $1.25 billion for the 2024 fiscal year, attributed to moderating fares and increased expenses.
- The airline's revenue rose to $21.9 billion, with net debt standing at $4.1 billion.
- CEO Vanessa Hudson highlighted the importance of restoring trust in the national carrier and announced significant investments in fleet renewal.
- An agreement with the Flight Attendants' Association will provide pay increases for 800 short-haul and 2,500 international crew members.
Trump economic plans would cost more than $4 trillion over a decade: Analysis: A new analysis projects that former President Trump’s spending and tax proposals ...
trib.al/hyUUdhI
Kamala Harris Is Proposing a $6,000 Baby Bonus. Would It Make a Difference?: The presidential candidate proposes giving families of newborns a $6 ...
on.wsj.com/3Z4ubvj
Main Street applauds Harris' small business plan as a tax fight looms: Entrepreneurs are cheering Vice President Kamala Harris’ plan to boost small businesses ...
nbcnews.com/politics/2024-election/main-street-applauds-harris-small-business-plan-tax-fight-looms-rcna169559
Avoiding the mad dash to 2026: the use of LLCs for vanishing gift exemptions: Kathryn Kaler of Neal Gerber Eisenberg discusses the strategy of forming a limited ...
reuters.com/legal/legalindustry/avoiding-mad-dash-2026-use-llcs-vanishing-gift-exemptions-2024-08-27/
California bill would allow undocumented immigrants paying taxes to get home loans
abcnews.go.com/US/california-bill-undocumented-immigrants-paying-taxes-home-loans/story
Elsa Majimbo rant reignites debate on 'black tax': Kenyan influencer Elsa Majimbo's now-deleted rant against giving family members cash renews a debate.
bbc.com/news/articles/cvg509dp9mjo
Hunter Biden’s addiction to return to limelight in second criminal trial: Hunter Biden is set to stand trial for a second time this year beginning this week ...
thehill.com/regulation/court-battles/4854748-hunter-biden-tax-trial/
Elon Musk’s X is leaving San Francisco; city officials say ‘good riddance’: X, founded in the city as Twitter, is moving its HQ to Texas as a shadow of its ...
straitstimes.com/business/elon-musk-s-x-is-leaving-san-francisco-city-officials-say-good-riddance
Quick Glance: X Departs San Francisco: City Officials Unfazed
- Elon Musk is closing X's headquarters in San Francisco and relocating employees to Palo Alto and San Jose.
- City officials express little regret over the departure, citing significant changes in X that diverge from its original image.
- The shift to remote work during the pandemic and mass layoffs after Musk's acquisition have contributed to the exit.
- San Francisco continues to face high office vacancy rates, and X's departure is expected to have minimal financial impact.
Women lawmakers take the lead in shaping policy in Nebraska. Advocates hope other states follow.
apnews.com/article/women-lawmakers-nebraska-special-session-16027cdccd9f60ed3d7ac6d70566b420
OPINION | Kamala Harris’s ‘unrealized gains tax’ — so dumb it’s truly historic: Vice President Kamala Harris has proposed a tax on “unrealized capital gains” ...
trib.al/ItqcadI
Boston has acting mayor while Michelle Wu is out of town for Democratic National Convention
bostonherald.com/2024/08/19/boston-has-acting-mayor-while-michelle-wu-is-out-of-town-for-democratic-national-convention/
Child care: What Kamala Harris, Donald Trump say about tax credits: Families are looking for relief from the high cost of caring for children. On this topic ...
apnews.com/article/election-child-care-tax-credit-paid-leave-bb0283c684f33470a1df1f37fa3f4231
Edinburgh on track to become first Scottish city to introduce tourist tax: It will bring the city in line with other visitor hot spots, including Venice ...
news.sky.com/story/edinburgh-on-track-to-become-first-scottish-city-to-introduce-tourist-tax-13201164
Fact-checking Day 2 of the 2024 Democratic National Convention: Mostly thematic speeches left relatively few claims to check from the roster of speakers at the ...
washingtonpost.com/politics/2024/08/21/dnc-fact-check-democratic-national-convention-day-2/
Quick Glance: Chicago Convention 2024: A New Beginning
- The Democratic National Convention in Chicago unfolded peacefully, avoiding the violence seen in 1968.
- Over 50,000 visitors enjoyed a safe and welcoming Chicago, showcasing the city's beauty.
- Minor protests occurred, but the event benefited from strong collaboration among authorities and organizers.
- The police reported only 74 arrests and few injuries, reflecting the successful preparation and training of officers.
Amid budget crunch, Boston Mayor Wu looking to squeeze higher PILOT payments from tax-exempt nonprofits
bostonherald.com/2024/08/27/amid-budget-crunch-boston-mayor-wu-looking-to-squeeze-higher-pilot-payments-from-tax-exempt-nonprofits/
Paid articlePaywall Italy weighs sharp tourist tax rise in furore over impact of visitors: Government proposes levy of up €25 a night for most expensive hotel rooms to help ...
ft.com/content/c3c478ff-dac2-43f3-9439-0e8b42d4cd80
Quick Glance: Italy Proposes Significant Increase in Tourist Taxes
- Italy is proposing a rise in tourist taxes to assist financially struggling cities and promote responsible tourism.
- Hotel associations are opposing the plan, citing potential harm to Italy's competitiveness as a travel destination.
- The tourism ministry intends to engage in discussions with industry representatives about possible tax modifications.
- As tourism numbers rebound, many Italians express concerns over the effects of overtourism on their urban environments.
2 Republican senators split on Trump's IVF proposal: “In principle, supporting couples who are trying to use IVF or other fertility treatments I don't ...
politico.com/news/2024/09/01/republican-senators-trump-ivf-proposal-00176972
Quick Glance: Cotton Shows Interest in Trump's IVF Proposal
- Senator Tom Cotton expressed openness to Donald Trump's proposal for government or insurance coverage of in vitro fertilization (IVF).
- Cotton emphasized that all Republicans in Congress support IVF and acknowledged the high costs as a significant concern for many couples.
- He noted that an evaluation of the financial implications would be necessary before any decision could be made.
- Senator Lindsey Graham, however, rejected the idea of mandating insurance coverage for IVF treatments, proposing instead a tax credit for IVF users.
Boston Mayor Wu is on vacation, leaving the City Council president in charge: City Council President Ruthzee Louijeune is acting mayor of Boston this week while ...
bostonherald.com/2024/08/28/boston-mayor-wu-is-on-vacation-leaving-the-city-council-president-in-charge/
Goldman Sachs: Trump policies would slow down economy: Analysts at Goldman Sachs are warning of diminished economic performance if former President Trump is ...
thehill.com/business/4861677-goldman-sachs-trump-impact/
Quick Glance: Harris' Victory Could Boost Economic Growth
- Goldman Sachs predicts that a win for Kamala Harris and the Democrats would strengthen the U.S. economy.
- Conversely, a Republican victory under Donald Trump would diminish economic growth primarily due to higher tariffs and stricter immigration policies.
- Harris plans to implement tax relief for low-income families and measures to reduce drug and food prices.
- Trump's economic proposals would increase the deficit by $5.8 trillion over the next decade, compared to Harris's $1.2 trillion.
Kate Forbes warns people could move out of Scotland if taxes are raised: The deputy first minister said it's really easy for people to move within the UK if ...
news.stv.tv/politics/kate-forbes-warns-people-could-move-out-of-scotland-if-taxes-are-raised
Brazil's government considers taxing big techs if revenue falls short: Brazil's Finance Ministry will submit proposals to Congress this year to tax big tech ...
reuters.com/world/americas/brazils-government-considers-taxing-big-techs-if-revenue-falls-short-2024-09-02/
Trump and Harris say they’ll kill taxes on tips. How would that work?: No taxes on tips sounds good. Experts say the effects would range from hardly ...
pbs.org/newshour/economy/trump-and-harris-say-theyll-kill-taxes-on-tips-how-would-that-work
Harris proposes raising corporate tax rate to 28% to help pay for campaign promises
cnn.com/2024/08/19/politics/harris-corporate-tax-rate-raise-proposal/
Quick Glance: Harris Proposes Corporate Tax Rate Increase to 28%
- Kamala Harris aims to raise the US corporate tax rate to 28 percent to boost government revenue, a move likely to face opposition from businesses and Republicans.
- This proposal, which would increase the tax from 21 percent, aligns with a previous plan put forth by President Joe Biden and comes as Harris outlines her economic strategy before her official nomination at the Democratic convention.
- Harris's tax plan sharply contrasts with that of Donald Trump, who proposes reducing the corporate tax rate to 15 percent. Her approach focuses on easing the tax burden on the middle class and ensuring that wealthy corporations contribute fairly.
- While raising the corporate tax could generate additional revenue for government programs, no specific uses for the extra funds have been outlined. The feasibility of implementing this proposal depends significantly on the political landscape in Congress.
Prince Harry to get millions from Queen Mother on 40th birthday: A trust fund created in 1994 for her great-grandchildren is believed to favour the Duke of ...
thetimes.com/uk/royal-family/article/prince-harry-to-get-millions-from-queen-mother-on-40th-birthday-mcvqt339f
Paid articlePaywall Trump Proposal to Cut Tax Rate for U.S. Manufacturers Spurs Flurry of Questions: While some foresee a boost to jobs and wages for U.S. companies ...
on.wsj.com/3MCKO9T
Abortion measures on the ballot in 41 states, voters to have say on other tough questions
pbs.org/newshour/politics/abortion-measures-on-the-ballot-in-41-states-voters-to-have-say-on-other-tough-questions
Harris and Trump Have Differing Plans to Solve Housing Crisis: The two presidential nominees are talking about their approaches for solving America’s ...
nytimes.com/2024/08/30/business/economy/housing-plan-harris-trump.html
Quick Glance: Harris and Trump: Contrasting Housing Solutions
- Presidential candidates Harris and Trump presented differing strategies to address America's housing crisis.
- Harris proposes tax incentives for home construction and $25,000 assistance for first-time buyers, while Trump suggests deporting immigrants and lowering interest rates.
- Economists express skepticism about the feasibility of these plans, which arise amid a prolonged housing shortage.
- Both strategies may face implementation challenges and require Congressional approval.
Ben Affleck and Jennifer Lopez's Beverly Hills mansion hits the market for $68M — wait until you see the tax bill
nypost.com/2024/08/22/real-estate/ben-affleck-jennifer-lopez-mansion-on-market-for-68m/
Quick Glance: Affleck Smiles While Receiving Fast Food Amid Divorce
- Ben Affleck was seen smiling while picking up food at his Brentwood rental home just days after his wife, Jennifer Lopez, filed for divorce.
- Lopez filed for divorce citing irreconcilable differences and listed their separation date as April 26, 2024.
- Without a prenup, any income or property acquired during their marriage may be considered community property and split equally.
- Reportedly, their marital issues began during their honeymoon in Italy, with friends suggesting Affleck has a darker side.
New Zealand to nearly triple tax on international tourists: Peak tourism body says hike will make South Pacific country ‘incredibly expensive’ to visit.
aljazeera.com/economy/2024/9/3/new-zealand-to-nearly-triple-tax-on-international-tourists
Quick Glance: New Zealand Increases Tourist Fees Significantly
- The New Zealand government will raise entry fees for tourists to NZ$100 starting October 1 to cover public service costs.
- This increase has drawn criticism from the tourism sector, which fears it will deter visitors.
- The industry continues to struggle with recovery post-COVID-19, with visitor numbers at only 80% of pre-pandemic levels.
- Additionally, the government has raised visa costs, compounding challenges for the tourism sector.
Fact-checking Kamala Harris’s first campaign interview: BBC Verify looks into claims the vice-president made on CNN about fracking, child poverty and green jobs.
bbc.com/news/articles/cwy78g4vg3po
How Kamala Harris plans to build 3 million new homes: The Harris campaign is making boosting the supply of homes central to its response to the housing crisis.
businessinsider.com/how-kamala-harris-plans-to-build-3-million-new-homes-2024-8
Quick Glance: Harris Unveils Housing Plan to Assist Buyers
- Vice President Kamala Harris has introduced an economic agenda aimed at reducing housing costs for homeowners and renters across the U.S., addressing the widespread housing crisis originating from California. She emphasizes the need to increase housing supply and eliminate bureaucratic obstacles hindering new construction.
- As part of her plan, Harris commits to building 3 million new homes and rentals within her first term. Key proposals include providing up to $25,000 in downpayment assistance for first-time homebuyers and a $10,000 tax credit, building on President Biden's previous initiatives.
- The agenda also introduces tax incentives for builders creating starter homes for first-time buyers and expands existing incentives for affordable housing projects. Additionally, it proposes removing tax benefits for large investors purchasing single-family homes to enhance availability for first-time buyers.
- While the plan raises questions about its funding and implementation, it has garnered attention from Bay Area housing advocates. Critics have pointed out that housing costs in California continue to rise under Democratic leadership, yet Harris' focus on increasing supply is viewed as a potential long-term solution to rental affordability issues.
Foodwatch criticizes: Too much sugar in sodas for children: Too much sugar in drinks for children: the consumer organization Foodwatch criticizes this and calls ...
zdf.de/nachrichten/panorama/zuviel-zucker-kinder-getraenke-steuer-foodwatch-100.html
Inside Harris' delicate balancing act on the economy: Harris praised the Biden administration's efforts to lower unemployment and inflation — but is ...
axios.com/2024/08/30/kamala-harris-economy-biden-balancing-act
Fact-checking night 3 of the Democratic National Convention: Night one of the Democratic National Convention is underway in Chicago.
cnn.com/2024/08/21/politics/fact-check-democratic-national-convention-night-3/
Avoid drawing from your retirement savings to boost your budget, says Old Mutual: SPONSORED | One of the main rules for financial management is never to use ...
timeslive.co.za/lifestyle/2024-09-05-native-avoid-drawing-from-your-retirement-savings-to-boost-your-budget-says-old-mutual/
Michelle Wu, BPS superintendent join door-knocking push to keep chronic absenteeism down ahead of first day of classes
bostonherald.com/2024/09/04/michelle-wu-bps-superintendent-join-door-knocking-push-to-keep-chronic-absenteeism-down-ahead-of-first-day-of-classes/
Yellen makes case for Inflation Reduction Act’s clean energy tax credits in North Carolina
thehill.com/business/4864117-yellen-inflation-reduction-act-clean-energy-tax-credits-north-carolina/
Government borrowing above expectations and highest since pandemic: Expectations are that taxes will rise and public spending will be further cut in the October ...
news.sky.com/story/government-borrowing-above-expectations-and-highest-since-pandemic-13200371
Democrats on defensive after Kamala Harris’s economic plans poorly received: Cool response to price-gouging pledge complicates vice-president’s bid to win trust ...
ft.com/content/bf25c1c5-74d5-4927-b73a-5129f75c28dd
Tax cuts being put away for rainy day as inflation starts to fall: The stage 3 tax cuts prompted fears they could unleash spending and inflation pressures ...
smh.com.au/politics/federal/tax-cuts-being-put-away-for-rainy-day-as-inflation-starts-to-fall-20240825-p5k53m.html
Judge rejects Hunter Biden’s request to dismiss tax trial: Federal Judge Mark Scarsi rejected Hunter Biden’s bid to dismiss his tax charges ...
thehill.com/regulation/court-battles/4836637-judge-rejects-hunter-bidens-request-to-dismiss-tax-trial/
Quick Glance: Hunter Biden's Failed Attempt to Dismiss Tax Charges
- Hunter Biden's legal team attempted to leverage a recent ruling in a case against Donald Trump to dismiss tax charges against him. They argued that the circumstances leading to Trump's case dismissal should similarly apply to Biden's situation.
- Their argument was based on the assertion that special counsel David Weiss was not appointed at the time of the charges against Biden. U.S. District Judge Mark Scarsi, appointed by Trump, rejected this argument and criticized the defense team for providing misleading statements about the timeline of the charges.
- Although the judge chose not to impose sanctions on the lawyers, he emphasized the need for honesty in court and stated that their conduct warranted a warning. He promptly dismissed their request to have the case thrown out.
- The upcoming trial will mark Hunter Biden's second court appearance this year following his conviction on felony gun charges in June. Additionally, reports have surfaced regarding a lengthy congressional dossier alleging Hunter's involvement in a supposed 'conspiracy' that implicates his father in misconduct.
Democrats' new definition of 'freedom' is all about bigger government: Democrats gathered in Chicago are colonizing the word “freedom”: Seizing a term ...
nypost.com/2024/08/22/opinion/democrats-new-definition-of-freedom-is-all-about-bigger-government/
Trump’s ad attacks Harris for a tax program that doesn’t exist: A campaign ad claims she “unleashed” IRS agents on workers who receive tips ...
washingtonpost.com/politics/2024/08/26/trump-tipped-workers-factcheck/
Ohio bill would allow parents to claim ‘conceived children’ on income taxes: The bill would allow Ohioans to include embryos or fetuses conceived during the ...
nbc4i.com/news/politics/ohio-bill-would-allow-parents-to-claim-conceived-children-on-income-taxes/
Harris, Vance tout child tax credit expansions following financial assistance success
abcnews.go.com/Politics/harris-vance-tout-child-tax-credit-expansions-financial/story
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