97,5% tax rate: Sanders plans to halve the number of billionaires

Economists at the University of California, Berkeley argue that billionaires could face an average tax rate of $ 97,5, according to plans by Vermont Senator Bernie Sanders, who is in the 2020 election. Writes about this Fox News. Economist…

The United States wants to introduce a tax on wealth: the middle class may suffer from this

The US decided to tax the rich. While the wealth tax is intended for the wealthiest taxpayers, it can ultimately hurt middle-class families. Writes about this Fox Business. Unlike payments levied on income and wages, ...

Millionaires from San Francisco can be made to pay for the homeless

В Сан-Франциско решили бороться с бездомностью за счет богатых. Сан-Франциско известен во всем мире проблемой борьбы с наркотиками и бездомностью. Некоторые улицы настолько грязные, что чиновники запустили специальный «патруль». Молодой технический работник создал «Snapcrap» — приложение, через которое можно сообщить…

Trump wants to lower debts for the rich by saving them $ 100 billions

The Trump administration is examining a plan to cut capital gains taxes by $ 100 billion over 10 years by factoring inflation, according to the New York Times. US Treasury Chief Steven Mnuchin said in an interview on the sidelines of the G20 meeting in Argentina, ...

Trump threatened to introduce duties on Chinese goods for another $ 200 billion

Washington has reacted to Beijing's decision to raise duties on American goods. Trump has threatened China with new measures, for an even greater amount, writes RTVi, citing a statement by the US President. Trump said he had asked US Trade Representative Robert Lighthizer to compile a list of Chinese goods in ...

New tax rules that residents of five states will not like

The recent federal tax code revises the deduction limits for state and local taxes, which include property taxes. This can be an expensive treat for taxpayers in many states, writes Money Talks. WalletHub recently released state property tax rankings. They shed light on ...

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 pass budget resolution, step toward 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 ...

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