You Searched For "tax blow" and got 20 results
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3 mins read
Budget 2024: Tax alterations affecting stock markets — capital gains tax, STT on F&O, and more
Finance Minister Sitharaman’s 2024 Finance Bill revises capital gains tax: 20% STCG for some assets…
2 mins read
Massachusetts' millionaire tax is earning more than expected and could help make up for the last few years of high earners fleeing the state
The millionaires tax in Massachusetts beat estimates by bringing in $1.8 billion so far, helping th…
Cork Gaines
2 mins read
Taxing times persist for Delta Corp as ace investor Ashish Kacholia sells shares
Delta Corp has been under pressure in the past six trading sessions with the stock sliding more tha…
4 mins read
The House Republican Conference has been built for chaos since the 1990s. It only took one slim majority for that to blow up on them.
Rep. Jim Jordan of Ohio may very well secure the speaker's gavel this week, but the divisions curre…
John L. Dorman
1 min read
Russia's economy dealt a crushing blow as its current-account surplus collapses by 93%
Russia's current-account surplus tanked 93% to $5.4 billion last quarter from the year-earlier peri…
Zahra Tayeb
2 mins read
'Mind-blowing' US debt binge amid high interest rates is threatening financial stability, Larry McDonald says
The US government has spent some $28 trillion since 2020, causing its debt to surge toward $33 tril…
Joseph Wilkins
3 mins read
Manchin nixes support for climate spending and tax hikes, blowing up Biden's economic agenda for the 2nd time
The roadblock comes just days after Democrats began reviving parts of their sidelined economic agen…
Erin Snodgrass,Joseph Zeballos-Roig
3 mins read
I advise lottery winners. It's easy to make bad decisions – here's what I tell people so they don't blow all their money.
A lottery-winner financial advisor says pay off debts, don't overspend, and diversify your portfoli…
Joshua Zitser
2 mins read
Budget blow to HNIs claiming huge deductions for expensive houses
For better targeting of tax concessions and exemptions, Finance Minister Nirmala Sitharaman capped …
2 mins read
Biden's pollster says Democrats are blowing it on their economic messaging: 'We're scared of our own shadow on taxes'
Biden pollster John Anzalone argues Democrats must overhaul their campaign messaging or face a wipe…
Joseph Zeballos-Roig
4 mins read
Democrats may blow campaign promises and give the rich a big tax cut in Biden spending bill: 'We couldn't be giving Republicans a better gift'
A Trump tax law raised taxes on wealthy blue staters. Democrats want to give those high earners a c…
Joseph Zeballos-Roig,Andy Kiersz
3 mins read
Student-loan payments are about to restart and 'exacerbate financial distress' for millions of borrowers, Elizabeth Warren says. Here are 6 steps she wants Biden to take to soften the blow.
Sen. Elizabeth Warren wants Biden to ensure student-loan borrowers "avoid the harshest consequences…
Ayelet Sheffey
2 mins read
New study blows a hole in Joe Manchin's argument that the revamped child tax credit discourages people from working
The analysis found "statistically insignificant impacts" of the credit on job seeking and workforce…
Joseph Zeballos-Roig
2 mins read
Democratic Rep. calls on Biden to oppose suspension of the federal gas tax
"There is no guarantee a gas tax suspension would reduce prices ... or stem the broader inflation a…
John L. Dorman
2 mins read
Treasury Secretary Janet Yellen says a federal gas tax holiday is 'certainly worth considering'
"President Biden wants to do anything he possibly can to help consumers," she said on ABC's "This W…
John L. Dorman
1 min read
Bengal Chamber of Commerce braces for financial hurdle after property tax blow
The 187-year-old chamber has its office inside the Royal Exchange Building in Dalhousie area, the t…
PTI
3 mins read
Billionaires made enough during the pandemic to pay off everyone's student loans
Forget cancelling student debt. Americans for Tax Fairness found that billionaires' collective weal…
Juliana Kaplan,Ayelet Sheffey
3 mins read
Joe Manchin gave a fresh hint on what he wants from a skinny Build Back Better: 'Just fix the tax code'
It's sometimes hard to know what, exactly, Sen. Joe Manchin wants from legislation — but it s…
Juliana Kaplan,Joseph Zeballos-Roig
2 mins read
Trump implementing a payroll tax cut through executive order would blow a hole in Social Security and Medicare's finances, economists warn
"It's like borrowing money from the Social Security and Medicare trust funds to give to employers j…
Joseph Zeballos-Roig
2 mins read
Manchin wants Sinema to take a fresh look at tax rate hikes on corporations and the rich, but she's not budging
Sen. Joe Manchin is prodding Sen. Kyrsten Sinema to drop her opposition to rolling back parts of th…