Saturday, July 24, 2021

Tesla lobbies India for sharply lower import taxes on electric vehicles - sources | Reuters

Tesla lobbies India for sharply lower import taxes on electric vehicles - sources | Reuters

A Tesla logo is pictured on a car in the rain in the Manhattan borough of New York City, New York, U.S., May 5, 2021. REUTERS/Carlo Allegri/File Photo

The electric-car maker's pitch to lower duties, however, is likely to face resistance from Prime Minister Narendra Modi's administration which has championed high import taxes for many industries in a bid to boost local manufacturing.

Publisher: Reuters
Date: 2021-07-23T08:30:41Z
Author: Aditi Shah
Twitter: @Reuters
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Labat calls for community investment in schools as taxes stay flat - The Dispatch

Columbus Municipal School District patrons will pay a virtually flat ad valorem tax rate this fiscal year, but two board members and Superintendent Cherie Labat believe that decision could cost the community long-term in different ways.

Last week, board members voted 3-2 to request $10,792,525.86 in ad valorem taxes for operations in Fiscal Year 2022, which began July 1. At that level, the tax rate — which was 61.98 mills last fiscal year for operations and debt service combined — may increase by less than a half-mill.

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Publisher: The Dispatch
Date: 2021-07-23T15:14:22 00:00
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Inflation and taxes are heading higher, be prepared - StarTribune.com

In the short term, the unprecedented amount of monetary and fiscal stimulus has helped push financial assets to all-time record highs. In the longer term, it's likely to cause inflation and ultimately, when the bill comes due, higher taxes.

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Publisher: Star Tribune
Twitter: @StarTribune
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Walmart again sues Beaver Dam over property taxes | Business News | madison.com

Walmart is suing the city of Beaver Dam again over the assessments of its properties in the city. Lower assessments would mean lower property taxes for the company.

Walmart has filed more lawsuits against the city of Beaver Dam seeking to lower its property assessments and get a refund on the property taxes already paid.

Publisher: madison.com
Author: CHRIS HIGGINS Capital Newspapers chiggins wiscnews com
Twitter: @madisondotcom
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Haven't filed taxes, but eligible for new child tax credit?

TAMPA, Fla. - The Suncoast United Way teamed up with the IRS office on Saturday to assist households that qualify for the child tax credit, but haven’t filed taxes.

"Our biggest challenge is people don't realize they're entitled to this credit," Internal Revenue Service Tampa Area Director Tracey Carter said.

Publisher: FOX 13 Tampa Bay
Date: 2021-07-24
Author: Jordan Bowen
Twitter: @FOX13news
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PolitiFact | Paying taxes is not voluntary

Misinformation isn't going away just because it's a new year. Support trusted, factual information with a tax deductible contribution to PolitiFact.

In the video itself, a moustachioed man with law books behind him says, "There is no law that makes the average citizen liable for the income tax."

Publisher: @politifact
Twitter: @PolitiFact
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Grayson sues to force Gwinnett tax commissioner to collect city taxes

The city of Grayson filed a lawsuit Friday against the Gwinnett County tax commissioner, escalating a dispute about whether she is required to collect taxes on behalf of cities if they don't pay her personally to do so.

The lawsuit , filed in Gwinnett County Superior Court, seeks to compel Tax Commissioner Tiffany Porter to collect taxes on behalf of the city with a population of about 5,000. The mayor said property taxes make up $505,535 of the city's proposed $1.583 million budget — a third of the total.

Publisher: ajc
Twitter: @ajc
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Taxes, anti-business policy threaten 'economic boom,' market expert says | Fox Business

Big tech giants such as Facebook, Google and Apple will all be reporting earnings next week which Lee predicted should look positive with the recent track record of almost 90% of companies beating the street.

"I think we’re set up to see new highs potentially in some of those companies," he said. "I’m expecting good numbers… We’re set up for an economic boom. I think the biggest risk to that are the politicians."

Publisher: Fox Business
Date: 2021-07-23
Twitter: @FoxBusiness
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