Income Tax
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X @Forbes
Forbes· 2026-03-21 16:17
Whether you’re still wrestling with your 2025 income tax return or have finished this time-consuming and annoying task, you might be feeling right now that everything is taxable.From everyday perks to little-known exemptions, here are 50 ways that the U.S. tax code lets you keep more of your money.Read more: https://t.co/mK1zhiqernIllustration: Macy Sinreich for Forbes; Photo: MirageC and Mykhailo Vasylenko via Getty Images ...
X @The Wall Street Journal
The Wall Street Journal· 2026-03-21 14:17
From @WSJopinion: A secret to the Evergreen State’s success has been that it has no income tax. But Democrats in Olympia are perilously close to enacting a “millionaire tax” of 9.9%, write Arthur Laffer and Stephen Moore.https://t.co/CgiZpdL9rn ...
X @Bloomberg
Bloomberg· 2026-03-20 06:05
Sunshine, safety and zero income tax turned Dubai into a second home for many Brits. Now that equation is under pressure. https://t.co/dLzEqK4wqH ...
X @CoinDesk
CoinDesk· 2026-03-19 11:22
POLICY: South Korea's opposition party introduce bill to fully abolish planned crypto taxation set for 2027, arguing it's unfair to tax crypto gains at 22% compared to stocks which face no income tax. https://t.co/sp4Bv06Ws4 ...
X @The Wall Street Journal
The Wall Street Journal· 2026-03-18 15:25
From @WSJopinion: A secret to the Evergreen State’s success has been that it has no income tax. But Democrats in Olympia are perilously close to enacting a “millionaire tax” of 9.9%, write Arthur Laffer and Stephen Moore.https://t.co/yfxYpnvMtp ...
NL REPORTS FOURTH QUARTER 2025 RESULTS
Globenewswire· 2026-03-09 20:18
NL Industries, Inc. Financial Performance - NL Industries reported a net loss attributable to stockholders of $31.0 million, or $0.63 per share, in Q4 2025, compared to a net income of $16.5 million, or $0.34 per share, in Q4 2024 [1] - For the full year 2025, NL reported a net loss of $37.8 million, or $0.77 per share, compared to a net income of $67.2 million, or $1.38 per share, in 2024 [1] - The results for 2025 included an unrealized loss of $13.6 million related to marketable equity securities, contrasting with an unrealized gain of $9.8 million in 2024 [1] Kronos Worldwide, Inc. Performance - Kronos reported net sales of $418.3 million in Q4 2025, a decrease of $4.8 million, or 1%, compared to Q4 2024 [5] - For the full year 2025, Kronos' net sales were $1.9 billion, down $27.7 million, or 1%, from 2024 [5] - The decline in sales was primarily due to lower average TiO2 selling prices and changes in product mix, despite higher sales volumes in certain markets [5][7] Segment Performance - CompX's net sales for Q4 2025 were $37.7 million, down from $38.4 million in Q4 2024, while full-year sales increased to $158.3 million from $145.9 million in 2024 [2] - CompX's segment profit for Q4 2025 was $5.6 million, an increase from $4.9 million in Q4 2024, driven by higher sales and improved gross margins [2] Equity in Losses - NL recognized equity in losses of Kronos amounting to $25.3 million in Q4 2025, compared to losses of $4.0 million in Q4 2024 [3] - For the full year 2025, NL's equity in losses from Kronos was $33.9 million, a significant decline from equity earnings of $26.4 million in 2024 [3] Operational Challenges - Kronos experienced a loss from operations of $63.1 million in Q4 2025, compared to income of $28.6 million in Q4 2024, primarily due to higher unabsorbed fixed production costs and lower TiO2 selling prices [7] - The average capacity utilization for Kronos' production facilities was 77% in 2025, down from 96% in 2024, indicating operational challenges [7] Currency Impact - Fluctuations in currency exchange rates positively impacted Kronos' net sales by approximately $13 million in Q4 2025 and $24 million for the full year [6]
X @Mayne
Mayne· 2026-03-06 17:24
At least we got free healthcare!Richard Cooper (@Rich_Cooper):How you get taxed to death in Toronto, Canada 🇨🇦Me: Earn $220k+ in incomeCRA: Lovely. We’ll take 53.53% of thatMe: Treat yourself to a exotic car for the hard workCRA: Add 23% TaxMe: Put $100 in the gas tankCRA: That'll be 35% TaxMe: Make $250k capital gains on ...
If you make $400k per year, don’t retire at 65 unless you have this much saved
Yahoo Finance· 2026-03-02 16:23
Core Insights - Determining an approximate net worth for retirement varies based on individual needs and wants, particularly for those earning around $400,000 annually [1][2] Financial Calculations - For individuals making $400,000 and aiming to retire by age 65, a minimum savings target of $2.98 million is recommended, which is approximately 7.5 times their annual salary [3] - This calculation assumes a 15% pre-tax retirement contribution while working, a 28% effective tax bracket, and an average annual portfolio return of 6% before retirement, reducing to 5% post-retirement [4][6] - The $2.98 million figure also factors in Social Security benefits starting at age 65, with an expected maximum payment of $3,822 at age 67 [5] Market Considerations - The calculations account for inflation and aim to ensure financial security during retirement, acknowledging potential market volatility and standard return rates [6] Catch-Up Strategies - There are multiple methods available for individuals who are behind on the $2.98 million retirement target to catch up [7] - For those ahead of this target, diversification strategies can be employed to enhance earnings [8]
Would Trump’s Tariff-Only Tax System Make You Richer or Poorer? Middle-Class Math, Explained
Yahoo Finance· 2026-02-26 15:31
Kenny Holston and Jessica Koscielniak/CNP / SplashNews.com / Kenny Holston and Jessica Koscielniak/CNP / SplashNews.com Days after the Supreme Court struck down President Donald Trump’s tariffs, the president defended the policy and reiterated during his State of the Union address that he wants tariffs to replace income taxes.“As time goes by, I believe the tariffs paid by foreign countries will, like in the past, substantially replace the modern-day system of income tax, taking a great burden off the peo ...
President Trump Claims Tariffs Can "Substantially Replace" the Income Tax -- but Is He Right? The Data Doesn't Lie.
Yahoo Finance· 2026-02-25 08:44
On Feb. 24, President Donald Trump delivered his highly anticipated State of the Union address to a joint session of Congress. His speech outlined accomplishments and milestones reached since taking office -- e.g., the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) have all hit several record-closing highs -- as well as laid out select policy proposals for the upcoming year. Of note, Trump championed tariffs as "one of the primary reas ...