RT Dean W. Ball (@deanwball)Not even an attempt, you will notice in the quoted post, to interrogate why it is that NYC, as one of the highest-tax-revenue cities on earth, has this budget shortfall. No vision for improving anything, either in quality or efficiency. Just “pay more.” Mode collapsed politics. https://t.co/HoaxDhT4oR ...

The Singapore government reaped billions of dollars more in vehicle quota premiums and car taxes than it projected https://t.co/vWkRFyGzgV ...

Kyrgyzstan’s crypto market has quickly become one of the fastest-growing sectors in the country’s economy. According to official data, the country’s crypto transaction volume surpassed $7.9 billion in the first three quarters of 2025, with a total annual volume exceeding $20.5 billion, generating $22.8 million in tax revenue. This tax revenue exceeds the combined total from the country’s largest commodity market, Dordoi Bazaar ($7.9 million), and patent taxes ($13.6 million).https://t.co/JqQPoFz3Bj ...

Uncle Sam’s take may go downhill from here https://t.co/jTO4ddH9KQ ...

Fiscal Deficit and Economic Projections - The fiscal deficit is estimated at 4.2% of GDP for FY27, with the government's borrowing cost expected to be between 6.8-7% [1] - Nominal GDP growth for FY27 is projected at 10.5-11%, influenced by rising international commodity prices affecting wholesale inflation [1] - Capital expenditure is projected to exceed ₹12 lakh crore in FY27, reflecting a year-on-year growth rate of 10% [1] Tax Revenue and Borrowing Trends - Personal income-tax collections are expected to continue surpassing corporate tax collections in the FY27 Budget [2] - Gross market borrowing over the next five fiscal years is estimated at ₹93.8-95.2 lakh crore, indicating a need for alternative borrowing sources such as small savings [2] Medium-term Fiscal Strategy - The central government has established a medium-term fiscal consolidation roadmap, aiming to reduce the debt-to-GDP ratio to 56.1% in FY26 from 57.1% in FY25 [5] - The government is committed to a declining trajectory for central government debt towards around 50% (± 1%) of GDP by March 2031, barring major external shocks [5] - The report recommends that state governments adopt medium-term, scenario-based debt-to-GSDP paths aligned with realistic growth assumptions and development needs [5]

Project Overview - Steve Cohen is building a large gambling complex in Queens, including a soccer stadium [1][2] - The project is slated to open in 2030 [2] Economic Impact - The project is expected to create 17,000 construction jobs and 6,000 permanent jobs [2] - It is projected to generate $3.9 billion in tax revenue, with $850 million in annual taxes [2] Community and Political Aspects - The project initially faced opposition from a local councilmember [4] - Community support and the borough president ultimately favored the casino [4] - Steve Cohen is credited with cleaning up the area around Citi Field [4] - A ferry service to Citi Field is under consideration to improve accessibility [5] Regulatory Approval - The project needs a gaming commission license approved by December 31 [6] - The board recommends the project as one of three sites [6] - Limited public protest suggests less pushback than anticipated [7]

Tax Revenue Forecast - Germany expects €33.6 billion higher total tax revenue through 2029 compared to May's prediction [1]

Mexico has recovered as much as $10.9 billion in tax revenue this year due to the government’s efforts to stop illegal fuel imports, the head of Mexico’s customs agency said https://t.co/2TyEg418H9 ...

Economic Contribution of Immigration - International students contribute approximately $50 billion (USD) to Australia [1] - Immigrants contribute around $48 billion (USD) to tax revenue [2] - A halt to immigration could result in a loss of approximately $100 billion (USD) to the country [3] Societal Impact of Immigration - Immigration is vital for the country's development and cohesion [3] - Immigrants face stereotypes and discrimination based on their background [3][4] - Immigrants often experience unfair treatment, such as increased security checks [5] Call to Action - Advocates for better understanding and inclusion of immigrants [6] - Encourages immigrants to integrate and celebrate Australian culture [7] - Emphasizes that immigration strengthens the country by fostering diversity and providing talent [7][8]

Economic Impact - New York City's marathon season boosts labor income, tax revenue, and business activity [1] - Runners are clocking miles and boosting the city's economy [1]