In Florida, the company paid workers a thousand dollars thanks to Trump's tax reform

Dozens of companies across America are offering bonuses, salary increases and other benefits to employees following tax reform. The US Senate on December 20 passed a tax reform bill prepared by the administration of President Donald Trump. Among other things, he will reduce the corporate tax rate to 21% from ...

How will tax reform affect you if you earn less than 100 thousand per year

The Senate Budget Committee on Tuesday approved the Senate Republican Tax Plan, clearing the way for the bill this week. The bill would cut the corporate tax rate from 35 percent to 20 percent, but many Americans don't know how the tax plan will affect them personally. One of…

In California, fuel costs more due to tax

Fuel prices are rising, although Southern California residents are usually accustomed to seeing them fall during this time period. The growth is driven by a new tax in the state, ABC News reports. On Wednesday, November 1, the fuel tax will officially take effect. This will lead to…

Senate Republicans Adopt Budget Resolution - Step Towards Tax Reform

Senate Republicans, 51 to 49, approved a budget resolution that could pave the way for President Trump's plan for "massive tax cuts and tax reform." Writes about this USA Today. After the vote, the White House issued a statement in which ...

Rich plan to strip tax breaks

White House and Congressional GOP leaders may waive some aspects of the tax bill that would benefit the wealthy, The Washington Post reported, citing three whistleblowers. Administration officials are considering keeping the top individual tax rate at 39,6% instead of ...

California wants to impose a tax on drinking water

For the first time in history, California residents will pay a drinking water tax of 95 cents per month. This legislative measure should help repair hundreds of public water systems and solve the problem of unsafe tap water. Residents of rural areas mainly suffer from this problem ...

De Blasio proposed to introduce an additional tax for wealthy New Yorkers

New York Mayor Bill De Blasio proposed introducing an additional tax for millionaires in the city, the proceeds from which will be used to develop the MTA - the New York Public Transportation Administration. He announced this after talking about the constant delays of the city metro, which ...

Chicago to raise property taxes

The average property tax rate in Chicago will be about 10%, and on average homeowners will pay 3,9-6,5% more, depending on where they live, writes the Chicago Tribune. The tax consists of several main components: the value of the house (determined by the office ...

California raised taxes

On Saturday, the state of California will enter into force a law that will affect not only smokers, but also those who have a car. Here's what residents of the state should know about the innovations: According to the law # 56, the tax on a standard pack of 20 cigarettes will rise in price ...

Belarus fights parasitism: how does it affect Belarusian Americans?

Just a couple of weeks ago, the daughter of my friend in Belarus received a “letter of happiness” - an official document from the tax inspectorate, in which it was said that the recipient was a parasite. The family was surprised and began to figure out why suddenly such “happiness came to the child” - ...

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