Pay Minimum 2% Wealth Tax
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Voters want to tax outrageous CEO pay. Are lawmakers listening?
A new poll reinforces my informal findings: Americans across the political spectrum are fed up with overpaid CEOs — and want something done about it.The Hill - Politics -
Sunaks' wealth rises to £651m in latest rich list
Rishi Sunak and his wife Akshata Murty are richer than King Charles, according to The Sunday Times.BBC News - Top stories -
Chinese social media companies remove posts ‘showing off wealth and worshipping money’
Targeting posts boasting of personal wealth appears to be part of campaign to ‘purify the internet cultural environment’. Chinese social media companies have launched a new crackdown on user content, targeting posts that show off personal wealth ...The Guardian - World -
'Quiet wealth' takes on new meaning with super-private deals for mansions, art and classic cars
Last year, while combined public auction sales for Sotheby's, Christie's and Phillips fell by 19%, private sales rose.CNBC - Business -
How can a child in care cost £281,000 a year? Ask the wealth funds that have councils over a barrel | George Monbiot
Children crying out for stability are paying the highest price for Britain’s chaotic and exploitative residential care. I’m a patron of a small local charity that helps struggling children to rebuild trust and connection. It’s called Sirona ...The Guardian - World -
Hunt hints at another National Insurance tax cut
Jeremy Hunt promises further tax cuts, as he launches an attack on Labour's plans ahead of an election.BBC News - Top stories -
You Made a Mistake in Your Taxes. Now What?
The rules around amending a return can get complicated. Here’s what you need to know.The Wall Street Journal - World -
Hunter Biden attorneys ask for delay in tax case
Hunter Biden’s attorneys have asked the judge overseeing his tax case in California to delay the trial, which is set for June, until September or later. Earlier this week, Biden lost his attempt to delay his federal gun trial in Delaware, with the ...The Hill - Politics - Joe Biden -
Chicago Won't Tax Its Way Out of This Mess
Chicagoans consistently rank taxes neck and neck with public safety as their top concern.The Wall Street Journal - World -
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US green energy push expected to generate $47bn market in tax credits
Oil companies, banks, private equity and others partner with renewables developers to offset liabilitiesFinancial Times - World -
Here are some options to reduce taxes on your savings interest this year
Here's how to reduce income taxes on your savings interest amid rate uncertainty from the Federal Reserve.CNBC - Business -
Hunt to claim only Tories will cut UK tax burden after the election
Chancellor to attack Labour in keynote speech after canvassing tech bosses’ views on growth measuresFinancial Times - Business - United Kingdom -
Private Equity Warms Up to Clean-Energy Tax Credits
Private-equity firms are beginning to tap a nascent market for clean-energy tax credits, betting on a boost to returns from helping project developers get better terms for the tradable credits.The Wall Street Journal - World -
Hunt signals pre-election tax cut as Tories move on to campaign footing
UK chancellor accuses Labour of ‘a lie’ and funding ‘black hole’ in political speechFinancial Times - Business -
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Youngkin Vetoes Measures to Remove Tax Breaks for Confederate Heritage Group
The Virginia governor rejected efforts by the state’s Democrats to reshape the Commonwealth’s relationship with its Confederate past.The New York Times - Top stories -
Does a Smash Hit Like ‘Lion King’ Deserve a $3 Million Tax Break?
Broadway is still recovering from the pandemic. A state tax-credit program has helped, but watchdogs say it aids some shows that don’t need a boost.The New York Times - Top stories -
Vaughan Gething says Plaid Cymru ‘walked away from opportunity to deliver for Wales’ as it ends cooperation agreement - UK politics live
Plaid Cymru has ended its cooperation agreement with Welsh Labour government in the Senedd over concerns regarding donations to leader Vaughan Gething. The Daily Express and Daily Mail have both asked questions about the taxing of pensions. Jeremy ...The Guardian - World - United Kingdom -
May 17 is your last chance to claim your 2020 tax refund — the median payment is $932, IRS says
There is no late filing penalty if you're owed a tax refund. Roughly 940,000 taxpayers could surrender their 2020 refund payment if they don't file by May 17.CNBC - Business -
IRS whistleblowers ask judge to toss Hunter Biden lawsuit against the tax agency
IRS whistleblowers Gary Shapley and Joseph Ziegler are also asking to intervene in the case, arguing the IRS has a conflict of interest in the matter.CBS News - Top stories - Joe Biden -
Trump pays close attention to Cohen cross-examination
Former President Donald Trump appears attentive in court as his defense team questions his former attorney Michael Cohen. Cohen already testified against Trump in the "hush money" criminal trial in New York. CBS News' Errol Barnett and Katrina ...CBS News - Top stories - Donald Trump -
Linklaters raises junior lawyer pay to £150,000
‘Magic circle’ firm matches Freshfields’ recent move as talent war heats upFinancial Times - Business -
Our adviser put 50% of our holdings in individual stocks, but now we fear a big tax hit by switching to index funds
Changing investment strategies midstream can lead to significant capital gains when you sell.MarketWatch - Business