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...
Imagine driving on a highway with no speed limit signs, no traffic police, and no restrictions. Sounds chaotic, right? Yet, this is the reality for many drivers in Dallas, where speed limits are often ignored. The Texas Department of Transportation has recently lowered speed limits on several roads in the area, but without enforcement, this move is mere lip service. ...
The world's richest nations have gathered in Rio de Janeiro to discuss a proposal to implement a global tax on individuals with over $1 billion in total assets. This 2% tax on the super-rich could generate $200 billion to $250 billion per year, funding essential public services like education, healthcare, and climate change initiatives. While the proposal has gained ...
The newly appointed UK Finance Minister, Rachel Reeves, has vowed to create the most pro-growth and pro-business government the country has ever seen. Her mission is to attract wealth creators to Britain, stimulate economic growth, and improve the living standards of ordinary Britons. But will her approach be effective, or will it prioritize the interests of big busi...
Britain is on the brink of a financial crisis, and the government is scrambling to find a way out. Finance Minister Rachel Reeves has been tasked with conducting a fiscal audit, and her findings are expected to be damning. The previous Conservative government overspent this year's budgets by billions, leaving the country with a massive deficit. The new government has...