The Senate Chief Whip, Ali Ndume, has criticized the controversial cybersecurity levy, stating that it is inappropriate for the government to continue taxing citizens without taking steps to increase their income.
Giving credit where it is due, Gov. Newsom’s “May Revise” budget proposal recognizes the seriousness of the situation. He proposes real cuts, opposes tax increases, and suggests some efficiency improvements – which are all positive steps.
WASHINGTON, D.C. (KVIA) -- The U.S. has sent $51.3 billion in security assistance to Ukraine since the outbreak of war. The Department of Defense just published a comprehensive list of all the things American tax dollars have bought for…
President Joe Biden's top economic advisor Lael Brainard is calling for higher taxes on the ultra-wealthy and corporations to pay for middle-class tax breaks.
Spain’s probe into pop sensation Shakira’s alleged tax evasion was dropped this week over a lack of evidence, according to multiple media reports on Friday. Shakira was the subject of an investigation launched in July by prosecutors in…
Sen. Sherrod Brown (Ohio), considered one of the most vulnerable Democratic incumbents this year, will join Sen. Joe Manchin (D-W.Va.) in supporting a resolution to repeal Biden administration rules allowing some China-made battery parts…
White House Council of Economic Advisers Chair Lael Brainard dismissed the notion that Republicans would be able to easily reverse the sustainable energy provisions passed in the 2022 Inflation Reduction Act (IRA) even if they win…
When the Trump tax cuts expire next year, the White House will ask for higher corporate taxes and a buyback tax as Congress enters one of its biggest economic fights of the decade, which will have major implications for bankers.
Taxation is a necessary part of any nation’s economic system. The International Monetary Fund suggests that tax diversification in resource-rich countries like Nigeria can lead to more sustainable and inclusive economic growth.
The UK economy grew by 0.6 per cent in the first quarter of 2024 in a boost for the Conservatives' electoral strategy – although Labour argues that voters are still feeling the squeeze