Written by 
The Portuguese government has taken the dramatic step of cutting income tax for the under 35s … to nothing. Source link
QOTD: Should the EV Tax Credit Be Killed? | The Truth About Cars You may also be interested in Source link
The App Store is designed to make it easy to sell your digital goods and services globally, with support for 44 currencies across 175 storefronts. From time to time, we may need to adjust prices or your proceeds due to changes in tax regulations or foreign exchange rates. These adjustments are made using publicly available exchange […]
CITY HALL — Alderpeople unanimously rejected Mayor Brandon Johnson’s proposed $300 million property tax increase on Thursday as they sought to reset budget negotiations with the mayor’s administration. Now, Johnson and City Council will have to find some common ground on how to bring in new revenue to close an almost $1 billion budget gap […]
Ending the tax credit is not something the incoming administration can do via executive action—Congress controls government spending, and this would require new legislation. But the budget reconciliation process results in bills that cannot be filibustered, and Reuters says that the Trump transition team will likely use this route as part of a larger revamp […]
In a rare 50-0 unanimous vote, the Chicago City Council voted Thursday to reject Mayor Brandon Johnson’s proposed $300 million property tax increase, sending his 2025 budget plan back to the drawing board and dealing an emphatic blow to the proposal. “This is a healthy process,” Johnson said after the vote was taken. “This is […]
Source: The College Investor The student loan debt tax bomb can happen when you have to pay taxes on the student loan forgiveness you received. However, most people will avoid the tax bomb due to a tax process called insolvency. While some student loan forgiveness programs, like Public Service Loan Forgiveness (PSLF) are tax-free, others […]
Monique Ryan warns against putting billionaire like Gina Rinehart in Musk-style ‘government efficiency’ role Independent MP Monique Ryan has dismissed the idea Australia should appoint an Elon Musk-style billionaire into a “government efficiency” position. Musk has been appointed into the newly created position in the Trump administration, and Ryan was asked on the Today show […]
With Republicans appearing to have secured a sweep of the White House and both chambers of Congress, the most immediate question for many financial advisors and their clients is what impact the election results will have on the scheduled expiration of the Tax Cuts & Jobs Act (TCJA) at the end of 2025. At a […]
Top Personal Income Tax Rates of European Countries This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Income tax rates in Europe vary widely and reflect different approaches to funding public services, with countries imposing higher […]