TAX INCREASES

Oct 31 2025POLITICS

Chicago's Plan to Fix Public Transport Without New Taxes

Chicago has a new plan to keep its public transport running smoothly. The idea is to use money that is already being collected, instead of asking people to pay more in taxes. This plan is expected to bring in about $1. 5 billion every year. Most of this money will come from sales tax on fuel and some interest from the Road Fund, which usually pays for road projects. ...

reading time less than a minute
Oct 30 2025FINANCE

Tax Time: What's Next for UK's Finance Chief?

In the UK, big changes might be coming to taxes. The finance minister, Rachel Reeves, has a tough job. She needs to find more money. She wants to raise about 30 billion pounds every year. This is to keep the country's finances stable and to avoid problems with investors. Reeves has said she will look at cutting spending. But most people think these cuts will be smal...

reading time about 2 minutes
May 09 2025POLITICS

Taxing the Wealthy: A Political Puzzle

The idea of taxing the wealthy to fund tax cuts and spending reductions has sparked debate among Republicans. This discussion comes as they struggle to find $1. 5 trillion in spending cuts to balance out the tax reductions they want to make permanent. The former president has suggested that he would accept a small tax increase on the rich. He believes this could hel...

reading time about 1 minute
Dec 13 2024POLITICS

Mayor Postpones Budget Vote to Monday Amidst Council Dubiety

Mayor Brandon Johnson and his allies decided to delay the final vote on the 2025 budget until Monday, instead of voting as expected on Friday. Johnson's budget plan includes a $68. 5 million property tax hike and other fee and tax increases. This decision follows an extended and contentious budget season where even some of the mayor's supporters have concerns. The bu...

reading time about 1 minute
Oct 07 2024POLITICS

Auma Obama's Protesting Journey Interrupted by Tear Gas

Auma Obama, the half-sister of former US President Barack Obama, found herself in the middle of a tense situation while being interviewed in Kenya. During the interview with CNN's Larry Madowo in Nairobi, she was caught in the crossfire of tear gas aimed at protesters. The protests were sparked by proposed tax increases, with young Kenyans taking to the streets with ...

reading time about 1 minute