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Stories published on Apr 17
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Wednesday, Apr 17

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Trump’s Unfounded ‘Colossal’ Tax Hike Warning

www.factcheck.org

On the day of the tax filing deadline, former President Donald Trump went on Truth Social to misleadingly warn that if President Joe Biden is reelected, "you will soon be facing colossal tax HIKES." But in his latest budget proposal, Biden…

Missed the Tax Day Deadline and Forgot to File an Extension? What You Need to Know - CNET

www.cnet.com

Not everyone is penalized for filing their taxes late.

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Rachel Reeves' tax tsar claimed pensioners have it 'ridiculously good' and said they should be taxed more

www.dailymail.co.uk

Sir Edward Troup, a former Tory Treasury special adviser appointed by Rachel Reeves as Labour's new tax tsar said it was 'ridiculous' that pensioners received free TV licences.

Tax Day 2024 promotions enticing consumer spending

www.killerstartups.com

In the spirit of 2024 Tax Day, several US-based businesses are rolling out themed promotions and discounts, primarily targeting food and beverages. The IRS has extended the deadline for tax filing to May 17, 2024, offering flexibility and…

South Korea's luxury culture is under threat, as new license plates target tax cheats

www.thestreet.com

Sales of one ultra-luxury automaker dropped 77% since new laws were implemented.

A Taxing Time...at Tax Time

www.newsbusters.org

Was it as bad for you as it was for me? Sending Washington money we earn, but Washington doesn’t, I mean?

22

World Bank wants Nigeria, others to strengthen tax base

businessday.ng

The World Bank has urged Nigeria and other member countries of the International Development Association (IDA) to increase domestic tax

Mass IRS Agent Busted Filing Fake Tax Returns: Feds

dailyvoice.com

The only certainty in life is death and taxes, but that doesn't stop people from trying to cheat them. A Swampscott woman hired to stop tax cheats is now accused of being one herself, police said.

Report: China Using Tax Rebates to Fuel US Fentanyl Crisis

www.newser.com

China is fueling the fentanyl crisis in the US by directly subsidizing the manufacturing of materials that are used by traffickers to make the drug outside the country, according to a report released Tuesday by a special House committee…

Greater Latrobe School Board will lose $48K in annual tax revenue to settle assessment appeal with Latrobe Specialty Metals

triblive.com

Greater Latrobe School District will lose more than $48,000 in tax revenue each year because it agreed to reduce Latrobe Specialty Metals assessed property value.

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Budget 2024 makes changes to capital gains tax. Who will it affect?

globalnews.ca

The changes to capital gains taxation have been billed as a way to ensure the government can make up some for some of the big spending measures announced in Tuesday’s budget.

Inheritance tax disparities fuel European debates

www.killerstartups.com

Inheritance tax is a controversial subject in Europe due to varied rules, rates, and revenue generated across different countries. Nineteen EU nations currently tax wealth transfers, driven by concerns about wealth inequality. However,…

Trump Pushed to Embrace 17% Income Tax for All

politicalwire.com

“Donald Trump is under pressure from economists in his circle to embrace a flat tax rate, softer trade stance and to hold the line on the state and local tax

China gives TAX BREAKS to the fentanyl-making firms behind some 80,000 US overdose deaths each year: House report says Beijing sows 'chaos and devastation'

www.dailymail.co.uk

Beijing is fueling America's fentanyl crisis by subsidizing the manufacture of materials used by traffickers to make pills outside the country, say papers from a committee on China.

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Look up whether your Philly-area school district would get Gov. Shapiro’s ‘tax equity’ supplement in 2024-25

www.inquirer.com

“Tax equity supplements" are part of a $137 million funding stream included in Gov. Josh Shapiro’s 2024-25 budget proposal intended to reimburse high-taxing school districts.