New Jersey governor’s race intensifies over taxes as Sherrill and Ciattarelli face off
New Jersey Governor Race Heats Up Over Taxes In the competitive race for the New Jersey governor’s seat, candidates from both parties are ramping up their campaigns amid concerns about high taxes. New Jersey is one of the states with the heaviest tax burdens in the nation, making this issue particularly pressing. Democratic candidate Rep. […]
Joy Reid criticizes Republicans for their stance on no income taxes.
Joy Reid Critiques Income Tax Elimination Proposal Former MSNBC host Joy Reid voiced her concerns about the proposal to eliminate income tax during a recent event. In her remarks, she took direct aim at Republican ideals, suggesting they seek to revert the country back to an earlier era, perhaps even the 19th century, which she […]
Trump’s pledge to eliminate taxes on tips disappoints Las Vegas workers, and experts have called it misleading
Trump’s “No Tax on Tips” Law: A Closer Look There’s a saying about Las Vegas—what happens there, stays there. But when it comes to Donald Trump’s plan for a “no tax on tips,” the implications might reach far beyond the glitzy city itself. On the 2024 campaign trail, Trump promised a “tax-free on tips” initiative, […]
Trump plans to impose import taxes on medications, kitchen cabinets, furniture, and large trucks.
Trump Introduces New Tariffs on Imports On Thursday, President Donald Trump announced that starting October 1, there would be a 100% import tax on drugs, a 50% tax on kitchen cabinets and bathroom vanities, a 30% tax on upholstered furniture, and a 25% tax on heavy trucks. His posts on social media indicated that his […]
Zohran Mamdani restates his push for higher taxes despite Gov. Hochul rejecting the proposal
Zoran Mamdani, the frontrunner for mayor, is pushing hard for increased taxes on businesses and wealthy individuals. “Our plan aims to generate $9 billion, coupled with another $1 billion from potential savings and reforms within the city,” Mamdani stated during a rally in the Bronx alongside Healthcare Union workers in 1199 Seiu. He proposed raising […]
Unexpected new taxes in Washington state leave business owners puzzled
Major Tax Package Shocks Washington Employers Businesses in Washington state are reacting with disbelief to a recently enacted $12 billion tax package that affects a wide array of services, spanning everything from art classes to necessary licensing. As part of this significant tax and fee framework, signed by Governor Ferguson in May, it’s reported to […]
Assembly Speaker Carl Heastie pledges support for Zohran Mamdani in increasing taxes on the wealthy
A wealthy individual from New York is setting his sights on launching a Healthy Retreat. State Assembly Speaker Karl Heaty has committed to advocating for increased taxes on billionaires in New York City, officially backing Zoran Mamdani, the socialist mayoral candidate, this past Wednesday. A prominent Democrat from the Bronx, when probed about his influence […]
Large NYC strip club organization offered lap dances to a state auditor to evade $8 million in taxes, according to the Attorney General.
Strip Club Group Accused of Bribing Auditors A significant strip club organization stands accused of bribing state auditors, allegedly to dodge over $8 million in sales tax owed to New York City over a span of 14 years. Prosecutors unveiled these charges on Tuesday. The New York Attorney General’s office has filed 79 criminal charges […]
What will be the increase in your taxes? St. Paul, Ramsey County, and SPPS are requesting raises.
Homeowners in some of St. Paul’s most economically challenged neighborhoods could see an increase in property taxes ranging from 8% to 16% next year. This rise will depend on the final figures approved in December by the city, county, and school district. In addition to a projected $125 increase in water, sewer, and recycling fees, […]
Liz Weston: It has been 30 years since the rules for taxes and capital gains were updated. Some individuals are still unclear.
Understanding Tax Rules on Home Sales Dear Liz: I thought I had a grasp on the tax implications of selling a home, but now I’m feeling a bit lost. Previously, there were rules allowing profits from home sales to be rolled into the purchase of another home, with a one-time exemption for up to $500,000. […]