TAX
Opinion: Congress should address health insurance tax
Helping Small Businesses: Halting the Health Insurance Tax As we all know, Congress has been encumbered in partisanship all fall. It’s time it does the people’s work before the end of the year. Few issues are as wide reaching as the Health Insurance Tax — it ultimately raises health care costs for 142 million Americans …
Breaking curse of Indonesia’s tax revenue shortfall – Opinion
Another year, another attempt, another failure in collecting tax. Despite numerous tweaks and improvements over the last two decades, Indonesia’s tax administration has failed to generate a sustainable and meaningful increase in tax revenue over and above the pre-2000 levels. From conventional strategies — restructuring the organization, modernizing IT systems, developing data infrastructure — to …
Winnebago County mental health sales tax question moves to March ballot
WINNEBAGO COUNTY (WREX) — Voters in Winnebago County will decide in March whether they want to raise the sales tax to support mental health services in the county. The board voted 16 to 2 to put a referendum on the March 2020 ballot that would ask voters if they want to increase the sales tax …
Lawmakers may kill this popular retirement tax break for the wealthy
Americans are likely losing a popular retirement tax strategy next year that allows the wealthy to leave large inheritances in retirement accounts. Several retirement provisions were tucked into a bipartisan $1.4 trillion spending package that federal lawmakers must pass by Friday to avoid a government shutdown. Among the many items in the bill is one …
Tech finds surprise ally in Trump amid high-stakes tax fight
President TrumpDonald John TrumpTrump says he will ‘temporarily hold off’ on declaring Mexican drug cartels as terror organization House Judiciary Committee formally receives impeachment report Artist behind gold toilet offered to Trump sells banana duct-taped to a wall for 0,000 MORE is defending Google, Facebook and other big tech companies he’s repeatedly railed against when …
US mulls retaliation to French tech tax
Image copyright Getty Images Image caption US Trade Representative Robert Lighthizer said President Trump ordered the investigation The US is preparing tariffs on $2.4bn (£1.85bn) worth of French exports as retaliation against the country’s new digital services tax. The top US trade official said the new tax, which France approved in July, unfairly targets American …
Former Baltimore mayor Catherine E. Pugh charged with wire fraud and tax evasion over financial deals for her Healthy Holly books
Pugh, 69, was the second Baltimore mayor to leave office in the past decade while facing corruption allegations. The indictment accuses her of a years-long scheme dating to 2007. Maryland U.S. Attorney Robert K. Hur, along with top officials from the FBI and IRS, are scheduled to address the charges unsealed Wednesday at a morning …