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Stories published on May 24
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  • Stories published on May 24

Friday, May 24

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Senate votes to prohibit seizing home equity in municipal tax-taking cases

www.bostonglobe.com

Critics of a practice they call “home equity theft” hailed the vote as a major step forward in a years-long effort to protect the equity homeowners have in property taken from them due to delinquent property taxes.

23

Fairfax Co. again considering meals tax as pathway to additional revenue

wtop.com

Proponents say a meals tax will provide additional funding for schools and other county needs. But critics argue it unfairly targets one industry and could prompt residents to dine out less frequently.

SAUNDERS: 2024 could be a race between Bidenomics, Trump tax cuts

www.reviewjournal.com

It’s the economy, stupid. The White House touts the U.S. economy, but the president promises to allow the Trump tax cuts to expire if he’s re-elected.

22

Biden makes a case against his own reelection by promising de facto tax hike on working families

www.inquirer.com

How sad that our current president is driven by partisanship rather than by doing what’s in the best interest of Americans — even if it means giving a nod to Trump’s masterful tax policy.

21

Hunt criticised by watchdog for misleading tax claims in Budget speech

www.shropshirestar.com

The UK Statistics Authority was asked to look into the Chancellor’s claim that ‘today … a Conservative Government brings down taxes’.

Hunt criticised by watchdog for misleading tax claims in Budget speech

www.expressandstar.com

The UK Statistics Authority was asked to look into the Chancellor’s claim that ‘today … a Conservative Government brings down taxes’.

Hunt criticised by watchdog for misleading tax claims in Budget speech

www.standard.co.uk

The UK Statistics Authority was asked to look into the Chancellor’s claim that ‘today … a Conservative Government brings down taxes’.

20

How to shop certain appliances, water conservation products tax-free

www.nbcdfw.com

If you’ve had your eye on a new shower head for your bathroom or upgrades to your sprinkler system, you can save money during the Texas Water-Efficient Products Sales Tax Holiday. Consumers can also save the sales tax on certain Energy…

Common Misconceptions About R&D Tax Credits (And The Truth Behind Them)

www.killerstartups.com

The R&D tax credit is important for businesses of all sizes. Many entrepreneurs aren’t well informed about these credits and hesitate to claim them. Ignoring R&D tax credits can cause you to miss opportunities that bottleneck your…

Spain offers tax cuts for Brits moving abroad despite Golden Visa being scrapped

www.express.co.uk

The Community of Madrid has proposed to introduce a new beneficial tax regime for foreigners there, in what has been colloquially coined as "Mbappé's law".

19

Residents hurt by East Palestine derailment would get tax break under House-passed bill

www.post-gazette.com

The U.S. House overwhelmingly voted to protect victims of the East Palestine train derailment from paying taxes on any compensation they receive.

Tesla CEO Elon Musk says he opposes EV tax incentives, tariffs on Chinese EVs

www.foxbusiness.com

Tesla CEO Elon Musk on Thursday said that the Biden administration's tariffs on Chinese electric vehicles were not necessary in order for his company to remain competitive.

18

Biden's tax deception, the 'Butcher of Tehran,' and more from Fox News Opinion

www.foxnews.com

Read the latest from Fox News Opinion & watch videos from Sean Hannity, Raymond Arroyo & more.

16

Arizona Tax Preparer Pleads Guilty to Filing False Tax Returns in Abusive-Trust Scheme

smallbiztrends.com

Arizona tax preparer Kent Ellsworth pleads guilty to filing over 500 false tax returns in a $60M abusive-trust scheme, facing up to 6 years.

15

Matatu owners opposes proposed 2.5% motor vehicle tax

www.the-star.co.ke

Association's president says multiple taxes have already been imposed on vehicle owners

13

Tinubu Wants Efficient Tax Collection System—Shettima

businesspost.ng

By Adedapo Adesanya Nigeria’s Vice President, Mr Kashim Shettima, has said the main focus of the administration of President Bola Tinubu is an efficient tax collection system and not to burden Nigerians with more taxes. He said this when…