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Warren: Republicans want to cut health care, food assistance for ‘tax give-aways’ to the rich
MSNBC· 2025-07-01 03:40
I know you had an amendment on on the floor. Tell us about it. Tell us about what was what is important in that amendment, right? So, my amendment was about what the Republicans have done to the Consumer Financial Protection Bureau. And let me just remind everyone, that's that little agency that has forced giant banks and giant finance companies to return more than 20 billion dollar directly to 203 million people across this country, very popular. And the Republicans, they've actually taken a couple of cuts ...
X @The Wall Street Journal
The Wall Street Journal· 2025-07-01 01:02
A new cruise passenger tax will go into effect in Mexico on July 1 as the government negotiates with Royal Caribbean and other companies https://t.co/lcbwstMjwf ...
X @The Economist
The Economist· 2025-06-30 23:41
Britain has lost a distinctive advantage—the non-dom tax status. “The UK had the most attractive tax system,” says one property entrepreneur. “Overnight it turned into one of the worst” https://t.co/hhr5XiVaq3 ...
X @BBC News (World)
BBC News (World)· 2025-06-30 08:56
Canada drops tech tax to restart US trade talks https://t.co/mqqwQZ8fQx ...
X @The Wall Street Journal
The Wall Street Journal· 2025-06-29 09:33
A new cruise passenger tax will go into effect in Mexico on July 1 as the government negotiates with Royal Caribbean and other companies https://t.co/s1Yn1cZfax ...
X @Bloomberg
Bloomberg· 2025-06-27 04:55
Australia’s $2.7 trillion pension industry signaled relief over US plans to scrap the so-called “revenge tax” https://t.co/iYudS8S6qh ...
X @Investopedia
Investopedia· 2025-06-23 18:30
Private equity and hedge funds are generally structured as pass-through entities, allowing them to pass their entire tax obligation along to their investors or limited partners. Here is how private equity and hedge funds are taxed. https://t.co/7J03lZupFc ...
DraftKings CEO Jason Robins on Illinois sports betting tax
CNBC Television· 2025-06-18 18:00
Regulatory Changes & Impact - Illinois legislature imposed a $050 per wager tax increase, described as "illconceived" [1][2] - The tax increase is set to take effect on September 1st [1] - The company was not warned about the tax increase, which was decided unexpectedly [2][3] Business Strategy & Consumer Behavior - The company intends to pass the $050 tax on to consumers [2] - The company anticipates the tax will drive consumers to illegal markets or encourage them to bet more [2] - The company hopes for public reaction that will lead to reconsideration of the tax [3] Financial Implications - The $050 per wager tax makes it unprofitable for the company to accept small bets (e g, $1, $050, $5, or $10) [2] - The company is implementing the tax pass-through to continue offering its product in Illinois [3]
Britain's billionaire exodus shows cost of tax raid
Bloomberg Television· 2025-06-14 06:00
Economic Impact of Non-Dom Regime Change - The UK economy could potentially lose up to 122 billion (12.2% billion) pounds by the end of the parliament if half of all non-doms keeping their overseas earnings outside the scope of UK tax decide to leave [3] - Over the next decade, the policy could cost 111 billion pounds and 44000 (44 thousand) jobs [4] - The Labour government anticipates that the non-dom reforms will generate over 30 billion pounds in the coming years [4] Non-Dom Resident Dynamics - The UK's non-dom regime was scrapped in April, leading many wealthy residents to consider living elsewhere [1] - Before the change, there were approximately 74000 (74 thousand) non-doms in the UK [2] - Estimates suggest that at least 10% of non-doms have already left the UK since the Labour Party came to power [2] Destination Preferences - Bloomberg's analysis indicates that the United Arab Emirates, a mostly tax-free destination, is the top choice for departing non-doms [5] - Italy is emerging as a significant hub for private equity executives [5]