Global Tax Revolt
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Disappearing migrants and street revolts. Sunak’s Rwanda round-up is just the mess we knew it would be | Gaby Hinsliff
The policy has always been a sordid theatre of cruelty, and it is unravelling in ways that were entirely predictable. Handcuffed and surrounded, faces pixelated for the video as if they were dangerous criminals, one by one they were bundled into ...The Guardian - World -
Jump in penalties for late filing of tax returns
A self-assessment return may be due even if there is nothing to payFinancial Times - World -
Capital-Gains Tax Hits More Home Sellers
The $500,000 exemption for home sales hasn’t changed since 1997.The Wall Street Journal - World -
Windfall tax weighs heavy on North Sea producers
Smaller independent operators say they have taken the brunt of the pain from the 75% tax rate on profitsFinancial Times - Business -
How a ‘Hidden’ $1.4 Billion Tax Will Make N.Y.C. Water Bills Rise
Mayor Eric Adams is resurrecting a budget gimmick and charging rent to the city’s Water Board, which will pass on the costs to ratepayers.The New York Times - Top stories -
EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.The Wall Street Journal - World -
Biden administration grants flexibility for automakers in EV tax credit rule
The Biden administration on Friday granted automakers some flexibility on qualifying for electric vehicle tax credits. The new final guidance, issued as part of the 2022 Inflation Reduction Act, incorporates a two-year exemption to provisions of ...The Hill - Politics - Joe Biden -
Manchin blasts leeway in Biden’s EV tax credit rule: ‘Outrageous and illegal’
Centrist Democrat Sen. Joe Manchin (W.Va.) is blasting the Biden administration’s new interpretation of which vehicles can qualify for electric vehicle tax credits — saying it gives too much leeway for batteries containing Chinese materials. “The ...The Hill - Politics - Joe Biden -
Pension savers warned of new tax-free lump sum cap
Withdrawals of more than £268,275 will be treated as taxable incomeFinancial Times - Business -
EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.The Wall Street Journal - Business -
Reclassifying Marijuana Could Unlock Billions in Tax Savings for Cannabis Companies
The proposed change could lift an income tax burden that wipes out most licensed marijuana retailers’ earnings.The Wall Street Journal - World -
New Treasury Tax Guidelines Open Door for Corn and Soy in Sustainable Aviation Fuels
The guidance is a boon for biorefineries, but some observers worry it is based on unproven assumptions.The Wall Street Journal - World -
We need to make a housing decision fast, and the only place to get the funds is our retirement savings
A couple needs to make a housing decision fast, and the only place to get the funds is their retirement savings.MarketWatch - Business -
US loosens some EV battery rules, potentially increasing tax credit eligibility
West Virginia Sen. Joe Manchin says new rules governing electric vehicle tax credits are a giveaway to ChinaABC News - Top stories -
South Sudan removes newly imposed taxes that had triggered suspension of UN food airdrops
South Sudan has removed recently imposed taxes and fees that had triggered the suspension of U.N. food airdropsABC News - World - United Nations -
Top 20 Global Concert Tours from Pollstar
Top 20 Global Concert Tours from Pollstar from week 05/06/2024ABC News - Entertainment -
U.S. college protests inspire rise in pro-Palestinian demonstrations around the world
Pro-Palestinian demonstrations that have rocked college campuses in the United States are now gaining traction across the world as protesters join the movement globally.NBC News - Top stories -
Southern border sees surge of global migrants
Many people who are migrating at the southern border are not just coming from Central America, but also from Asia and Africa. NBC News’ David Noriega spoke with some who traveled around the world to seek asylum in the U.S.NBC News - Top stories -
Apple vs. the world: Can the tech giant survive a global regulatory onslaught?
Apple has a strong track record fighting antitrust enforcers, but the global scope of its current fight is something new.MarketWatch - Business - Apple -
Gambling-software company Games Global valued at about $2 billion in IPO
Games Global, which recently entered the U.S. market, has 40 exclusive studios, more than 1,300 proprietary games, and “some of the industry’s highest paying progressive jackpot network,” according to the company.MarketWatch - Business -
There’s been a major shift in demographics at the border. Here’s what’s behind the change.
Before the pandemic, roughly 9 in 10 migrants crossing the border illegally came from Mexico, Guatemala, Honduras and El Salvador. Those countries no longer hold the majority.NBC News - Top stories