New Jersey lawmakers are looking at raising money from sports betting to cover extra security for the World Cup. A Senate budget leader has drafted a bill that would add a 10 percent tax on the money casinos earn from online bets during the tournament. The extra charge would last until August 10. T
The French government is not ready to lower fuel taxes or give big subsidies after the price spike caused by the Iran war. Finance Minister Roland Lescure told lawmakers that cutting taxes would not help the shortage of energy supplies and could make inflation worse. Opposition parties want lo
Colorado voters face a new tax proposal that promises more money for schools but takes away refunds they have come to rely on. The plan, called Senate Bill 135, would stop the state from giving back money to taxpayers under the Taxpayer’s Bill of Rights (TABOR). Instead, it would let the government
In recent months the Democratic Party has moved from vague anti‑Trump slogans to concrete tax ideas. Earlier, many saw them as a group without clear plans beyond anger at the former president. Now they have rolled out several proposals that aim to tax the wealthy and redistribute money. Bernie Sand
The state has just rolled out a new tax credit that could give almost one million Pennsylvanians up to $805 each, totaling about $193 million in savings. The credit is called the Working Pennsylvanians Tax Credit and works exactly like the federal Earned Income Tax Credit: if a taxpayer qualifies fo
Oregon lawmakers are pushing a bill that would lower taxes for more than 200, 000 families and give a $25 million credit to local businesses that create good jobs. The proposal aims to fix the state’s budget gap created by federal tax cuts that largely benefited billionaires. If the current fede
Governor JB Pritzker of Illinois made some strong statements recently. He said that the current political situation in the US is even tougher than the COVID-19 pandemic. This is quite a claim, given that the pandemic caused so many deaths. During a podcast, Pritzker was asked how he was handling th
In December, Britain's manufacturing sector showed some signs of improvement, but the overall outlook remains uncertain. The S&P Global Purchasing Managers' Index (PMI) for manufacturing rose to 50. 6, up from 50. 2 in November. However, this was lower than the initial estimate of 51. 2. This increa
Colorado is facing another tough year when it comes to money. Lawmakers are getting ready for a tough time, as the state's income is expected to drop. This means they will have to cut spending by a lot, around $850 million. They already cut $1. 2 billion this year and another $783 million over the s
In recent times, the U. S. military's actions in the Caribbean have sparked a heated debate. A top military official, Pete Hegseth, has been under scrutiny after reports suggested he ordered a second strike on a suspected drug boat, ensuring no survivors. This incident, which occurred in September,
