Taxation

As the world becomes more globalized, the debate surrounding income tax and wealth redistribution continues to heat up. On one hand, some believe that it is the government’s duty to ensure that wealth is distributed fairly among all citizens, while others argue that high taxes stifle economic growth and personal…

Here are the key facts of this story, as agreed upon by Wall Street Journal, Reuters, CNN, and CNBC. On Friday, Chevron Corp. revealed that it pocketed its highest-ever annual profit in 2022, with its quarterly earnings report detailing historic profits of $35.5B last year. …

Here we go again: The “Fair Tax Act” is out for its perennial limp around the dead legislation track. The “Fair Tax” (or “FairTax” for those with defective space bars on their keyboards) proposes to replace the current federal tax regime with: First, a 30% national sales tax, falsely advertised…

It’s been some time since we met but from now on we will meet more frequently. The first story was about telescopes, if you haven’t read it, check it out here, this story is on business, and stories on Greek mythology, human trafficking, and Taiwan are in the pipeline and…

Here are the key facts of this story, as agreed upon by BBC News, Politico, Independent, Sky, and Standard. UK Prime Minister Rishi Sunak has asked his independent ethics adviser to look into the tax affairs of Nadhim Zahawi, amid pressure for Sunak to remove Zahawi from his role as…

Taxes are a major factor in our personal finances and can significantly affect how financially stable we are. Making wise financial decisions requires knowledge of the different types of taxes and how they impact our income and expenses. …

Here are the key facts of this story, as agreed upon by USA Today, ABC, Wall Street Journal, Breitbart, Guardian, and Wall Street Journal. After being convicted last month of 17 felonies total, two Trump organizations have been dealt a roughly $1.6M fine, with entities Trump Corp. and Trump Payroll…