Articles for Tax Cut

Holland Casino to worsen roulette odds, cut jobs to make up for gambling tax increase
1 week, 5 days ago

Holland Casino to worsen roulette odds, cut jobs to make up for gambling tax increase

NL Times  

Holland Casino is taking measures in order to save costs and increase profits. The measures must be taken because the gambling tax will increase next year, a spokesperson for Holland Casino confirmed after reporting in the Financieele Dagblad. In addition to the increase in gambling tax, he said that Holland Casino is also struggling with the higher costs of wages, …

Gambling Tax Costs Increase Casino Holland Holland Casino
UK airports warn of higher air fares and fewer routes if business rates soar
3 weeks, 3 days ago

UK airports warn of higher air fares and fewer routes if business rates soar

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Air fares will rise and some routes will be cancelled if Britain’s airports are hit with …

Independent Airports Letter Business Rates
'Wrong direction': CNN analyst says Trump win is already hitting Americans in the pocket
1 month, 2 weeks ago

'Wrong direction': CNN analyst says Trump win is already hitting Americans in the pocket

Raw Story  

President-elect Donald Trump's imminent ascent to the White House is already making it more difficult for Americans to buy homes, an economic analyst says. Home loan interest rates have seen an steep uptick to a 6.8 percent average for 30-year fixed mortgages as the bonds market prepares for Trump's economic policies, CNN business reporter Matt Egan said Thursday. Those plans …

Trump Interest Rates Cnn Fed Egan Tax Cut
Airlines call on German govt to cut flight taxes
2 months ago

Airlines call on German govt to cut flight taxes

China Daily  

By EARLE GALE in London | China Daily Global | Updated: 2024-10-23 09:39 Lufthansa planes stand parked as Frankfurt airport is closed to passengers with planned departures due to a strike organized by Verdi union, in Frankfurt, Germany, March 7, 2024. And he said the newly-hiked tax, alongside other taxes in the form of security levies, air traffic control fees, …

Germany Air German Frankfurt Hamburg Lufthansa Flight Taxes
West Virginia’s personal income tax to drop by 4% next year, Gov. Justice says
4 months, 1 week ago

West Virginia’s personal income tax to drop by 4% next year, Gov. Justice says

Associated Press  

CHARLESTON, W.Va. — West Virginians will see their personal income taxes drop by 4% in the new year, Gov. Justice has stressed that he wants to see the personal income tax eliminated to promote economic growth in one of the nation’s poorest states, and he has tried repeatedly to persuade state lawmakers to cut the tax completely. “We all know, …

Personal Justice Income Tax Cut State Revenue
Inside the tax cut that changed everything for the middle class in America
4 months, 1 week ago

Inside the tax cut that changed everything for the middle class in America

Raw Story  

Twenty-two years ago, Nobel Prize-winning economist Paul Krugman wrote for The New York Times Magazine about the era in which he and I both grew up, when the top income tax rate on the morbidly rich ran between 74 and 90 percent. This middle class paradise came about following the Republican Great Depression because President Roosevelt imposed a 90 percent …

Political Wealth Taxes Congress Income Small Businesses Democrats
ATF price cut 6.5% to ₹94,969.01/kl, 19-kg commercial LPG price cut by ₹69 to ₹1,676/cylinder
6 months, 3 weeks ago

ATF price cut 6.5% to ₹94,969.01/kl, 19-kg commercial LPG price cut by ₹69 to ₹1,676/cylinder

Live Mint  

In Mumbai, the jet fuel price dropped to ₹ 88,834.27/kl from ₹ 95,173.70/kl. Jet fuel, also known as aviation turbine fuel, saw a significant reduction of 6.5 per cent on June 1, down by ₹6,673.87 per kilolitre to ₹94,969.01/kl in New Delhi, as per a PTI report. Commercial LPG Prices Lowered Oil companies also reduced the price of commercial LPG …

Tax Fuel Prices Price Adfree Commercial Lpg
Tennessee lawmakers adjourn after finalizing $1.9B tax cut and refund for businesses
7 months, 4 weeks ago

Tennessee lawmakers adjourn after finalizing $1.9B tax cut and refund for businesses

Associated Press  

NASHVILLE, Tenn. — Tennessee’s GOP-controlled General Assembly on Thursday adjourned for the year, concluding months of tense political infighting that doomed Republican Gov. “Unfortunately some really really bad bills ended up passing.” While Lee was unable to find consensus on his voucher pitch — an initiative that he vowed to renew next year — he was able to secure a …

School Democratic Republican State House Public Tennessee
West Virginia Legislature ends session with pay raises, tax cut and failure of social issue bills
9 months, 1 week ago

West Virginia Legislature ends session with pay raises, tax cut and failure of social issue bills

Associated Press  

CHARLESTON, W.Va. — West Virginia’s Republican-dominated state Legislature on Saturday concluded a 60-day session marked by budget disputes and controversial social issue bills that advanced but ultimately didn’t go anywhere. Lawmakers conferenced behind closed doors Saturday to reach an agreement on a budget just under $5 billion, bills that would cut unemployment benefits, a Social Security tax cut and a …

Benefits Social School Tax Social Security Work Republican
Tax calculator: See how Jeremy Hunt’s spring Budget will affect you
9 months, 2 weeks ago

Tax calculator: See how Jeremy Hunt’s spring Budget will affect you

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Jeremy Hunt has …

Budget Email Westminster Email View Jeremy Hunt
Evers vetoes Republican-backed bills slashing the income tax, cutting taxes on retirees
9 months, 3 weeks ago

Evers vetoes Republican-backed bills slashing the income tax, cutting taxes on retirees

Associated Press  

MADISON, Wis. — Gov. Tony Evers on Friday vetoed a nearly $800 million income tax cut passed by Republicans, along with bills that would have increased the income tax credit for married couples and raised the amount of retiree income exempt from the state income tax. Republican Sen. Rachael Cabral-Guevara, the main sponsor of the tax cut for retirees, said …

Credit Income Wisconsin Republican State Republicans Evers
PM Anthony Albanese dodges Senate question on stage three tax cuts
10 months, 3 weeks ago

PM Anthony Albanese dodges Senate question on stage three tax cuts

Daily Mail  

Anthony Albanese has declined to say what he'd be willing to offer to secure the smooth passage of his overhauled stage three tax cuts as he danced around a grilling on whether he should apologise for breaking an election promise. Anthony Albanese has declined to say what he'd be willing to offer to secure the smooth passage of his overhauled …

Labor Tax Relief Plan Cut Stage Albanese
Labour plans could leave pensioners worse off if other levies are hiked to pay for a cut in income tax or national insurance, leading economist warns
11 months, 2 weeks ago

Labour plans could leave pensioners worse off if other levies are hiked to pay for a cut in income tax or national insurance, leading economist warns

Daily Mail  

Pensioners could be worse off if Labour hikes other levies to pay for a cut in income tax or national insurance, a leading economist warned yesterday. Paul Johnson, director of the Institute for Fiscal Studies, said he was 'pretty surprised' by reports that Labour was considering pledging tax cuts in its election manifesto. 'But what you can't do given the …

Labour Taxes Income Tax Johnson National Insurance Tax Cut Leading Economist
Hunt refuses to rule out shock income tax cut amid warnings of revolt if budget favours rich
1 year, 1 month ago

Hunt refuses to rule out shock income tax cut amid warnings of revolt if budget favours rich

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. A leading Tory advocate of tax cuts, Sir John Redwood, described the possibility of an …

Independent Labour Income Tax Inheritance Income Bbc Westminster Email
Sunak to give update on state of the nation’s finances ahead of autumn statement
1 year, 1 month ago

Sunak to give update on state of the nation’s finances ahead of autumn statement

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “It requires enormous discipline year in, year out.” The one thing we won’t do …

Tax Inflation State Cut Inheritance Tax Hunt Mr Hunt
Mississippi governor rejects revenue estimate, fearing it would erode support for income tax cut
1 year, 1 month ago

Mississippi governor rejects revenue estimate, fearing it would erode support for income tax cut

Associated Press  

Tate Reeves refused to approve top lawmakers’ proposed revenue estimate Wednesday, fearing a lower projection than he wanted would prevent him from justifying future income tax cuts. The rare move comes as Reeves pushes for a revenue estimate that would shore up political support for a future income tax cut. Reeves later said he would agree to the revenue estimate …

Tax Income Revenue State Committee Reeves Cut
Truss-backed economists say minimum wage is ‘destroying jobs’ and call for cut
1 year, 1 month ago

Truss-backed economists say minimum wage is ‘destroying jobs’ and call for cut

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Commission co-chairman Douglas …

Growth Brexit Jobs Minimum Wage Singham Report Sign
Rishi Sunak considers tax cut for five million highest earners
1 year, 2 months ago

Rishi Sunak considers tax cut for five million highest earners

The Telegraph  

Downing Street is considering a tax cut for five million high earners next year to galvanise Tory voters after suffering historic by-election defeats in two “safe” Conservative seats. The threshold for paying the 40 per cent higher rate of income tax could be raised in an effort to plot a path to re-election despite polls predicting a Labour victory. Surveys …

Income Tax Tax Cut Tax Threshold
Lawmakers vote to exempt overtime pay from state income tax
1 year, 6 months ago

Lawmakers vote to exempt overtime pay from state income tax

Associated Press  

MONTGOMERY, Ala. — Overtime pay in Alabama will be temporarily exempt from state income tax under a tax cut approved Tuesday by lawmakers The legislation will exempt overtime pay from the state’s 5% income tax beginning in the 2024 tax year. House Minority Leader Anthony Daniels, the sponsor of the legislation, said the tax cut will help hourly workers and …

Income Tax State Daniels Overtime Pay Overtime Lawmakers Tax Cut
Arkansas Gov. Sanders signs $124 million tax cut into law
1 year, 8 months ago

Arkansas Gov. Sanders signs $124 million tax cut into law

Associated Press  

Sarah Huckabee Sanders on Monday signed into law a measure cutting individual and corporate income taxes in Arkansas by $124 million a year. Sanders signed the bill she and legislative leaders backed that will cut the top individual income tax rate to 4.7% from 4.9%. Lawmakers last week sent Sanders the tax cut legislation, one of the last remaining items …

Million Sanders Tax Cut
Arkansas lawmakers approve $124 million income tax cut plan
1 year, 8 months ago

Arkansas lawmakers approve $124 million income tax cut plan

Associated Press  

— Arkansas lawmakers on Wednesday approved a plan by Republican Gov. Sarah Huckabee Sanders and legislative leaders to cut individual and corporate income taxes by $124 million a year. The bill, which now heads to Sanders’ desk, also cuts the top corporate income tax rate to 5.1% from 5.3%. “The more we cut income taxes, the heavier the burden to …

Income Republican House Sanders Tax Cut
Noem approves tax cut, budget plan, despite disagreements
1 year, 9 months ago

Noem approves tax cut, budget plan, despite disagreements

Associated Press  

Kristi Noem signed legislation Tuesday that will reduce overall sales taxes in the state for four years, even though the bill fell short of the permanent tax breaks she had urged. She added: “While this legislation is not ideal or the best way to help the people of South Dakota, I recognize that the legislature has chosen this path, and …

Tax Sales Republican State South Dakota Noem Tax Cut
Childcare tax trap means parents are better off with £34,000 pay cut
1 year, 9 months ago

Childcare tax trap means parents are better off with £34,000 pay cut

The Telegraph  

A parent with a one- and three-year-old, whose childcare provider charges the average English rate for 40 hours per week, will effectively lose £14,500 in disposable income if their salary hits £100,000, the IFS calculated. If the same parent was paying average London childcare rates for 50 hours a week, their disposable income would plunge by £20,000 once their pre-tax …

Childcare London Tax Income Ifs Parent
South Dakota session saw tax cut, transgender care limits
1 year, 9 months ago

South Dakota session saw tax cut, transgender care limits

Associated Press  

— South Dakota lawmakers are taking a break in the legislative session until they return later in March to consider any bills Republican Gov. “I still believe that the best budget option for our state’s future is the one that I presented in December, including the elimination of the sales tax on groceries,” Noem said Friday in a statement. “What …

Tax Transgender Native American Care Sales South Republican