Denver's leaders are pushing for more bonds to fund new parks, recreation centers, and roads. But bonds are not free money. They are loans that must be repaid with interest. This means that every time the city takes on more debt, it is the taxpayers who will ultimately foot the bill. Bonds are often misleadingly presented as a way to get things done without raising ...
Zohran Mamdani, the Democratic frontrunner for New York City's mayoral race, has made his intentions clear to the city's business leaders: higher taxes are coming their way if he wins. He even challenged them to consider leaving the city if they disagree with his plans. During a recent meeting with top business figures, Mamdani stood firm on his policies. He didn't ...
The Bay Area's transit systems are in a tough spot. BART and other services are facing big money problems. They need around $800 million every year just to keep running. One idea is to ask voters to approve a sales tax in 2026. But this might not be the best way. Sales taxes hit people who can least afford it the hardest. There's another idea. Big tech companies in ...
The United States tax system is always changing, with Congress regularly reviewing it. The goal is to reward success in the marketplace, which comes from innovation, productivity, and job creation. This is the American way of doing business. It is not a chaotic system; it is a deliberate engine that drives investment based on real economic potential. Businesses succe...
Imagine this: an Iowa state senator has a unique idea to grow his state. Instead of building new towns or attracting more residents, he thinks Iowa should buy a chunk of Minnesota. Senator Michael Bousselot suggested this in a post on X, starting with "Make Minnesota Iowa Again! " He believes that lower taxes and more farm-friendly policies would make the deal attrac...
Almost 100 years after the end of Prohibition, the alcohol industry is facing a new challenge in the United States. In New Mexico, where alcohol-related deaths are the highest in the country, lawmakers are considering two proposals to change how alcohol is taxed. One plan suggests a flat 3% tax rate, while the other adds a 20-cent healthcare fee per drink and adjusts...
Ever thought about how our daily routines can shape our views on big issues like climate change? A recent study in Sweden dug into this, focusing on how habits influence people's acceptance of higher carbon taxes. The research gathered data from over 5, 200 participants, looking at their car driving habits and other key factors. What they found was pretty interesting...
Between 1840 and 1870, the province of Coquimbo saw a significant transformation in its medical practices. This shift was driven by the arrival of attending physicians at the San Juan de Dios Hospital in La Serena. These doctors brought with them the idea of modernizing local healthcare. One of the key changes they introduced was the implementation of sanitary taxati...
Starting in 2026, the Treasury Department in the U.S. will make it mandatory for crypto exchanges like Coinbase to disclose the details of user transactions to the Internal Revenue Service (IRS). This move is aimed at reducing tax evasion through cryptocurrencies. Think of it like a report card that crypto investors will get every year, similar to what stock investor...
As the world shifts towards electric vehicles, a US subsidiary of China's Gotion High-tech Co. Ltd., Gotion Inc., is planning to set up electric vehicle battery plants in Illinois and Michigan. The company has received substantial tax credits and subsidies to achieve this goal. However, local residents and politicians are raising concerns about the impact of these pl...