Still in the money: Georgia government will pocket another $5 billion budget surplus
Georgia will collect another $5 billion in surplus revenue after the just-concluded budget year, which could leave lawmakers and Gov. Brian Kemp with more than $10 billion in extra cash to spend, invest or give back to taxpayers. That's about $1,000 for every Georgia resident. Final numbers for…#georgia #briankemp #kemp #republicans #medicaid #generalassembly #andrewisenhour #democrat #staceyabrams #nanorrock (Source: Reuters: Health)
Source: Reuters: Health - July 12, 2023 Category: Consumer Health News Source Type: news
With exception of Canada, countries agree to extend digital services tax freeze through 2024
With the exception of Canada, countries with digital services taxes have agreed to hold off applying them for at least another year as a global multinationals tax deal to replace them was pushed back, the OECD said on Wednesday. More than 140 countries were supposed to start implementing next year…#oecd #apple #amazon #belarus #pakistan #srilanka #manalcorwin (Source: Reuters: Health)
Source: Reuters: Health - July 12, 2023 Category: Consumer Health News Source Type: news
3 tax prep firms shared'extraordinarily sensitive' data about taxpayers with Meta, lawmakers say
A group of congressional Democrats reported Wednesday that three large tax preparation firms sent “extraordinarily sensitive” information on tens of millions of taxpayers to Facebook parent company Meta over the course of at least two years. Their report urges federal agencies to investigate and…#democrats #meta #hrblock #taxact #taxslayer #justicedepartment #elizabethwarren #ronwyden #richardblumenthal #tammyduckworth (Source: Reuters: Health)
Source: Reuters: Health - July 12, 2023 Category: Consumer Health News Source Type: news
Tax prep companies shared private taxpayer data with Google and Meta for years, congressional probe finds
Some of the nation’s largest tax-prep companies have spent years sharing Americans’ sensitive financial data with tech titans including Meta and Google in a potential violation of federal law — data that in some cases was misused for targeted advertising, according to a seven-month congressional…#meta #google #taxslayer #hrblock #taxacts #irsfreefile #davidvladeck #georgetownuniversity #vladeck #elizabethwarren (Source: Reuters: Health)
Source: Reuters: Health - July 12, 2023 Category: Consumer Health News Source Type: news
Tax prep sites gave millions of taxpayers ’ info to Facebook and Google
The congressional investigation, led by Sen. Elizabeth Warren (D-Mass.), follows a report last year about such data-sharing with Facebook by the technology journalism website The Markup. Warren and six other lawmakers wrote to the Justice Department on Tuesday urging criminal charges against the…#elizabethwarren #mass #justicedepartment #democrats #hrblock #taxslayer #google #meta #merrickgarland #businesstools (Source: Reuters: Health)
Source: Reuters: Health - July 12, 2023 Category: Consumer Health News Source Type: news
US Senate Finance Committee asks digital asset community how to tax it in open letter
United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo released an open letter to the digital asset community on July 11 asking for input on the taxation of digital assets. The senators are looking for solutions to highly complex taxation issues, so much so…#ronwyden #mikecrapo #internalrevenuecode #treasury #kraken (Source: Reuters: Health)
Source: Reuters: Health - July 12, 2023 Category: Consumer Health News Source Type: news
Powerball jackpot hits $725 million. If you win, here's the tax bill
The Powerball jackpot topped an estimated $725 million ahead of Wednesday's drawing, becoming the seventh-largest prize in the game's history, according to the lottery. But those winnings drop substantially after taxes. If you score the winning ticket, there are two choices for the windfall: an…#johnchichesterjr #phoenix (Source: Reuters: Health)
Source: Reuters: Health - July 12, 2023 Category: Consumer Health News Source Type: news
New Zealand Labour Party Rules Out Wealth, Capital Gains Taxes
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Source: Reuters: Health - July 12, 2023 Category: Consumer Health News Source Type: news
Boston to try to convert empty downtown offices into residences by slashing their property taxes for three decades
Mayor Wu today announced a proposal to open up empty commercial space downtown to residential use by offering 75% off standard residential tax rates for up to 29 years for building owners - and by setting up a new office to speed conversions through the city's normal development approval process.…#boston #bpda #isd #cityhall (Source: Reuters: Health)
Source: Reuters: Health - July 12, 2023 Category: Consumer Health News Source Type: news
The enviro-economic case for land value taxes
has been popular amongst urbanists, climate advocates, and economists throughout the ages, but the idea is missing from mainstream policy discussions in the US. Few places in the US have an LVT despite economists throughout the ages calling it the most efficient form of taxation. Economists like…#adamsmith #paulkrugman #miltonfriedman #lvt #nobel #wealthofnations #henrygeorge #progressandpoverty #winstonchurchill #alberteinstein (Source: Reuters: Health)
Source: Reuters: Health - July 10, 2023 Category: Consumer Health News Source Type: news
Ontario long-term care homes with poor care records are getting tax dollars to expand
CBC found several long-term care homes planning to expand with taxpayer support are run by operators with long histories of non-compliance with the law, or poor outcomes through the pandemic. (Source: CBC | Health)
Source: CBC | Health - July 10, 2023 Category: Consumer Health News Tags: News/Investigates Source Type: news
Selling our first home, need help with taxes
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Source: Reuters: Health - July 9, 2023 Category: Consumer Health News Source Type: news
Hotels Should Stop Shaming Guests That Don't Donate To Charity During Their Stay
Add-on fees and tipping is everywhere in travel, especially hotels. And it’s not just resort and destination fees, either. You may be asked to tip the website where you made your reservation or the ownership group of the hotel in addition to a mandatory add-on for property taxes disguised as…#hotels #marriott #unicef #caribbean #latinamerica #middleeast #africa #asiapacific #autopilot #antiisrael (Source: Reuters: Health)
Source: Reuters: Health - July 9, 2023 Category: Consumer Health News Source Type: news
America Has Too Many Rules
If America wants to close the inequality gap, improve the quality of life of its citizens, make the government efficient and reduce taxes, it needs fewer and simpler laws and regulations. (Source: Reuters: Health)
Source: Reuters: Health - July 9, 2023 Category: Consumer Health News Source Type: news
Staffers Find $352 Million Mistake In Minnesota ’s New Tax Law
Mistakes happen. But when they happen in tax legislation, it can result in millions of dollars of unexpected taxes. That’s what happened in Minnesota—to the tune of $352 million. The legislature’s $3 billion tax bill made headlines when it passed earlier this year. Included in the new law were…#minnesota #socialsecurity #timwalz #nt #minnesotans #paulmarquart #marquart (Source: Reuters: Health)
Source: Reuters: Health - July 9, 2023 Category: Consumer Health News Source Type: news
