85% of New Jersey is Fed Up With Phil Murphy Citing Taxes, Transportation and Education as Key Problems
NEW BRUNSWICK, N.J. — An overwhelming 85% of New Jersey residents are dissatisfied with how the state government is handling the cost of living and affordability, according to a Rutgers-Eagleton Poll released…
GROVER NORQUIST: The Contrast Between Trump And Biden On Taxes Couldn’t Be Any Clearer
President Joe Biden has vowed to raise income taxes across the board by making sure the Trump tax cuts die. Biden said the 2017 Republican/Trump tax cuts will be “dead forever if…
AARON HEDLUND: The Antidote To The Cost-Of-Living Crisis: Simple, Low And Fair Taxes
Though the 2023 tax season is now in the rearview mirror, the inflation tax remains a stark reality, and Americans are faced with a daunting prospect: the worst may be yet to…
Feds Collected $34,400 Per Household In Taxes In 2023
The federal government collected approximately $34,400 in taxes per American household in calendar year 2023, according to data published by the Treasury Department and the Census Bureau. From January through December 2023,…
Boston Mayor Has A Gift For City’s Crumbling Commercial Real Estate Sector — More Taxes
Democratic Boston Mayor Michelle Wu proposed legislation in late March that would let the city hike taxes on its already struggling commercial real estate sector. The proposal is meant to combat falling…
Blue City Voters Reject Referendum That Would Hike Taxes To Fund Homeless Services
Blue City Voters Reject Referendum That Would Hike Taxes To Fund Homeless Services Will Kessler on March 23, 2024 Chicago voters shot down a referendum supported by Democratic Mayor Brandon Johnson that…
New Jersey Lawmakers Want EV Drivers to Pay Fair Share of Road Maintenance Taxes
TRENTON, NJ – A legislative move in New Jersey aims to increase the gas tax and introduce a new fee for electric vehicle (EV) owners to contribute to the state’s budget for…
STEPHEN MOORE: President Joe Biden’s Magical Thinking On Taxes
STEPHEN MOORE: President Joe Biden’s Magical Thinking On Taxes Stephen Moore on March 17, 2024 I am often asked whether President Joe Biden is intentionally trying to dismantle the American economy with…
New Jersey Law Would Allow School Districts Decimated by S2 Formula to Raise Taxes Above 2% Cap
Senate Bill No. 2434 Offers Financial Flexibility to School Districts Facing Aid Reductions TRENTON, NJ – The Senate Education Committee has favorably reported on Senate Bill No. 2434, a legislative move designed…
Two Charlotte Businessmen Convicted At Trial Of Failing To Account For And Pay Over Trust Fund Taxes
CHARLOTTE, N.C. – A Charlotte jury has returned a guilty verdict against two Charlotte businessmen for failing to account for and pay over to the Internal Revenue Service (IRS) more than $150,000…
New Jersey Ranks Absolute Last Once Again in Property Taxes Nationwide
Trenton, NJ – According to a recent report by WalletHub, New Jersey residents pay the highest real-estate property taxes in the United States. The report, titled “Property Taxes by State in 2024,”…
Lawmaker Tells Murphy: If You Want to Raise Taxes and Waste Money, New Jersey’s Not for You
In a recent video released by the Assembly Republican Office, Assemblyman Paul Kanitra questions the nearly 60% increase in New Jersey’s state budget over the past five years. The budget has soared…
JONATHAN WILLIAMS And NICK STARK: Good Things Happen To States That Cut Taxes
JONATHAN WILLIAMS And NICK STARK: Good Things Happen To States That Cut Taxes Jonathan Williams And Nick Stark on January 22, 2024 The 50 laboratories of democracy were in full swing last…
Malaysia exempts imposition of capital gains tax, taxes on foreign-sourced income on unit trusts
KUALA LUMPUR (Reuters) – Malaysia has exempted the imposition of capital gains tax and taxes on foreign-sourced income on unit trusts, its second finance minister said on Tuesday. The exemption on foreign-sourced…
Ryanair calls on Germany to lower aviation taxes, airport charges
BERLIN (Reuters) – Ryanair called on Germany to lower its aviation taxes and airport charges on Thursday, raising the prospect of a doubling of its traffic in the country in the next…
Philippines enacts new law that makes paying taxes easier
MANILA (Reuters) – Philippine President Ferdinand Marcos Jr has signed into law a bill making it easier for taxpayers to pay their taxes, his office said on Sunday, in a bid to…
GM sues San Francisco, seeking $121 million in back taxes, penalties
By Greg Bensinger SAN FRANCISCO (Reuters) – General Motors has sued the city of San Francisco, seeking to recover more than $100 million, alleging that it was charged a higher tax bill…
New Jersey’s Minimum Wage Increase Taxes Effect on Monday, Here’s How Much
TRENTON, NJ – New Jersey’s minimum wage will increase to $15.13 per hour for most workers starting January 1, 2024. This adjustment marks a significant step, surpassing the $15 target established by…
Former Hollywood-Based Anti-Poverty Nonprofit CEO Sentenced to Six Months in Federal Prison for Embezzlement and Cheating on Taxes
LOS ANGELES – The former president and CEO of a Los Angeles-based anti-poverty nonprofit agency was sentenced today to six months in federal prison for embezzling money from the nonprofit for his…
Owners of Brooklyn Plumbing Company Indicted for Evading Taxes on More Than $10 Million in Income
An indictment was unsealed earlier today in federal court in Brooklyn charging Alexander Figliolia, Jr., and Kenneth Sutherland, the owners of Liberty Water & Sewer (Liberty Water), a Brooklyn-based plumbing company which…
Local Business Owner Sentenced for Failure to Pay Employment Taxes and File Federal Tax Return
DES MOINES, Iowa – A Bondurant man was sentenced today to 15 months in federal prison for failure to pay over employee trust fund taxes and failure to file a federal tax…
Alcohol taxes aren’t high enough, says World Health Organisation
LONDON (Reuters) – The World Health Organisation urged governments on Tuesday to increase taxes on alcoholic drinks and impose them on products that are currently exempt, such as wine in some European…
Hamburg Restaurant Owner Pocketed Sales Taxes
HAMBURG, NY – Elder Guadalupe Martinez, a 30-year-old Hamburg resident, admitted to significant financial crimes in Erie County Supreme Court on Thursday. Martinez, who operated the Mexico City restaurant on Camp Road,…
India approves new finance panel to suggest sharing of federal taxes
NEW DELHI (Reuters) – The Indian government on Tuesday approved the setting up of a new Finance Commission that will recommend how federal taxes will be shared with states. The federal cabinet…
When It Comes to Taxes, New Jersey is Still the Worst State In America, Report
New Jersey’s position as one of the worst states for taxes in America, as per the Tax Foundation’s 2024 State Business Tax Climate Index, continues to be a significant concern for residents…
Mexico’s Cemex Q3 profit slides on year-ago asset sales, as taxes bite
By Kylie Madry MEXICO CITY (Reuters) -Mexican cement-maker Cemex on Thursday reported a 75% slump in third-quarter profit, on a nearly five-fold rise in taxes and as hefty asset sales last year…
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