The impact of a $100,000 salary after taxes in each U.S. state
Reaching a six-figure salary is a significant achievement for many people, but how much you actually take home can vary quite a bit depending on your state of residence. A recent analysis by Gobankingrates revealed that a single filer earning $100,000 annually, after applying the standard deductions common in the U.S., would see considerable differences […]
Living cost allowance that can be deducted from taxes might increase by NT$3,000.
Tax Allowance Update in Taiwan Taipei, CNA—On Friday, August 16th, the Bureau of Budget, Accounting and Statistics (DGBAS) indicated that the annual tax-deductible allowance for basic living expenses could rise to $213,000 (approximately US$7,092) for those filing tax returns in 2026. During the 2024 household income and expenditure survey presentation, DGBAS reported a 1.9% increase […]
States increase taxes on the wealthy to address budget deficits and counterbalance federal reductions.
Blue States Prepare to Increase Taxes on Wealthy Residents Several states in the US, particularly blue ones, are gearing up to impose higher taxes on affluent inhabitants. This decision aims to generate additional revenue through various initiatives, one notably labelled the “Taylor Swift Tax.” This development follows the president’s recent signing of the One Big […]
Columbia County residents have a deadline of October 15 for their taxes.
As of August 8, 2025, Columbia County has collected over $5.1 million in property tax payments, according to tax collector Rachel Waller. This figure includes personal property, real estate, and mineral production for the 2025 tax year, representing 27% of the initial claim for 2024 taxes. The tax books in Columbia County opened on March […]
Taxes will be affected by Trump’s major new proposal, which significantly impacts US retirees. Here’s the reason.
Tax Changes and Their Impact on Seniors President Trump’s recently enacted “big and beautiful bill” has stirred quite a reaction, igniting discussions among both supporters and critics. This expansive 940-page legislation addresses various topics, including immigration and healthcare, but the tax provisions it introduces—especially for those over a certain age—are particularly noteworthy. So, why do […]
A takeaway from Iowa on government reform: It’s not only about taxes — it’s about spending too.
Former President Herbert Hoover once pointed out that government behaves somewhat like a plant—it just keeps growing. Iowa’s Governor Kim Reynolds (R) echoed this sentiment, noting that bureaucracies naturally expand over time. This observation has led Reynolds to prioritize government reform throughout her time in office. She believes that fiscal conservatism should go beyond just […]
Aberdeen, Scotland, will start implementing new tourist taxes along with other European cities in 2027.
Aberdeen, Scotland to Introduce Tourism Tax in 2027 The list of European cities implementing tourism taxes is growing as communities grapple with various challenges. The latest addition is Aberdeen in Scotland, which plans to start collecting a 7% tax from visitors on April 1, 2027. According to a statement from the council, an average hotel […]
Barneys heir claims family avoided $20M in New York taxes
The heirs of the defunct Barneys luxury brand are embroiled in a legal dispute, with claims that a complex tax fraud scheme could have defrauded New York state out of $20 million. Bob Pressman, 71, grandson of the retailer’s founder, Bernie Pressman, has filed a lawsuit against family members, alleging they conspired to evade both […]
Barclays chief cautions chancellor against increasing taxes on banks
Barclays CEO Cautions Against Increased Bank Taxes The head of Barclays issued a cautionary note to the Prime Minister regarding potential bank tax increases, a notable message from an influential figure in London’s financial sector. CS Venkatakrishnan, often called Venkat, emphasized that Barclays is already among the largest taxpayers in the UK. He argued that […]
The significant departure from the Northeast — how heavy taxes are causing billions to leave
In just a single year, New York and New Jersey faced a staggering loss of $140 billion in revenue. This phenomenon could be described as “moving van economics,” and it appears that New York and New Jersey are on the losing end. According to a new analysis from my organization, which incorporates the latest census […]