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]

Germany expects total tax revenue through 2029 to be €33.6 billion higher than what it predicted in May https://t.co/AuYAXbCHyF ...

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]

Economic Growth & Tax Revenue - Nigeria is projected to achieve its 2025 tax revenue target earlier than anticipated [1] - Tax collections last month are nearing the government's annual target [1] - Strong economic growth is contributing to the increased tax revenue [1]

Taxation Trends - Local governments are increasing taxes on vacation homes of wealthy individuals to generate revenue [1] - Rhode Island implemented a property tax on primary residences valued at $1 million or more, adding $5 for every $1,000 in assessed value [2] - Montana is implementing a tax that will raise property taxes by 68% for vacation homes while lowering taxes for full-time residents [4] - Cape Cod is considering a special transfer tax on homes sold for over $2 million [4] - Los Angeles' new mansion tax on sales over $5 million has raised less than half of the expected $1 billion per year [4][5] Housing Market Impact - These taxes are aimed at addressing housing market affordability issues, where many Americans cannot afford homes [5] - The luxury and vacation home market has been booming due to all-cash buyers [5] - Revenue generated in Rhode Island and Montana will go towards property tax relief for full-time residents and housing affordability programs [6] Alternative Approaches - Some European countries, like Spain, are implementing laws to restrict renting out houses in resort towns to address affordability issues [7] - Montana taxes short-term rental leases like second homes, aligning with hotel tax regulations [8]

Taxation Trends - Blue cities and states are exploring methods to increase revenue from their wealthiest taxpayers [1] Geographic Focus - Initiatives are being considered across the United States, from Washington state to Rhode Island [1]

An Estonian initiative catering to digital nomads brought in a record €68 million ($79.2 million) in tax revenue and fees in the first half of the year, according to the government https://t.co/DVdOSeuoaG ...

UK has insanely high tax, bad weather, violent migrants running wild, police going after X users, bad crypto regs.... AND THEY THINK THEY CAN INCREASE TAXHAHAHAHHAHAAlex Recouso (@alexrecouso):🇬🇧 The recent capital gains tax increase in the UK was expected to bring additional tax revenue.Instead, high-net-worth individuals and families are leaving the country leading to an 18% fall in net capital gains tax revenue. A £2.7b loss.Welcome to the Laffer curve, suckers. https://t.co/f8zWaHPO2l ...