If you've ever bought a pack of cigarettes, a six pack of beer or legally gambled, you likely paid a sin tax.
A sin tax is something we pay when the government is, paradoxically, trying to raise money off bad behavior. But a finance and marketing professor at Rensselaer Polytechnic Institute is worried some of these taxes can have unintended consequences.
Would Stamford residents trade higher taxes for no beach pass? Some city reps are willing to ask
STAMFORD — Some members of the Board of Representatives are betting that residents would rather pay slightly more in taxes than go through the process of paying for a beach parking permit.
Rep. Nina Sherwood, D-8, argued that passage of the resolution would be a "win for the city," even if taxes had to be raised a small amount to make up for the loss in revenue.
New taxes will hit America's rich. Old loopholes will protect them | The Economist
T HE LAST time Congress passed a significant tax increase, Seinfeld won an Emmy award, Nirvana unplugged their guitars for MTV and lawmakers were pondering whether to vote for NAFTA. Early in Bill Clinton's presidency, in 1993, Congress raised personal and corporate income taxes.
Kansas collects over $876 million in taxes in September
/cloudfront-us-east-1.images.arcpublishing.com/gray/Y5PELPE4ZJNBNPWHK6EWAVYAEI.jpg)
TOPEKA, Kan. (WIBW) - September's tax totals continue to exceed goals and estimates as the COVID-19 pandemic continues to affect Kansas's economy.
Kansas Governor Laura Kelly says Kansas' September total tax receipts were $876.5 million. She said those collections are $162.2 million over the estimate at a growth of $147.6 million from September 2020.
For the Stock Market, Taxes Trump Stimulus | Barron's
The sausage-making process in the halls of Congress is in high gear. At stake: the size, scope, and contents of Democrats' budget reconciliation bill. For investors, the details of the corporate tax hikes may matter more than the final spending amounts.
This past week, a nearly 2,500-page draft of the bill was advanced by the House budget committee, totaling some $3.5 trillion in new spending and tax credits, offset by tax increases on corporations and the wealthy.
Waited Until October To File Taxes?
Procrastinating taxpayers rejoiced when the IRS extended the filing deadline from April 15 to May 17. Even so, many still weren’t ready and had to request a filing extension. Plenty of others simply skipped that step and just never filed at all.
Did You Know: Here’s the Average IRS Tax Refund Amount
Find Out: What To Do When You Can’t Pay Your Tax Bill
You might be paying higher property taxes in Cook County because some homeowners aren’t
Laurence Msall, president of the Civic Federation, joins Steve Bertrand on Chicago’s Afternoon News to explain how property tax exemptions for veterans, disabled people, and senior citizens in Cook County result in higher property tax bills for other homeowners.
Bayer is voluntarily recalling all unexpired Lotrimin® AF and Tinactin® spray products with lot numbers beginning with TN, CV or NAA, distributed between September 2018 to September 2021, to the consumer level due to the presence of benzene in some samples of the products.
Sales and use taxes: Loss contingencies
FASB Accounting Standards Codification (ASC) Topic 450, Contingencies , requires companies to assess the degree of probability of an unfavorable outcome before reporting a loss contingency.
ASC Subtopic 450 - 20 defines a loss contingency as "[a]n existing condition, situation, or set of circumstances involving uncertainty as to possible loss to an entity that will ultimately be resolved when one or more future events occur or fail to occur."
Disabled veterans property tax exemption, other tax breaks mean 27,288 Cook County homeowners pay
No one likes to pay property taxes. This year, the owners of 27,288 homes across Cook County don't have to.
That they're paying nothing means the rest of the county's 1.8 million property taxpayers — the remaining homeowners and business owners — have to pick up the slack, a total of just under $102.8 million.
Stanford NY taxes, fluctuating wildly for years, may soon be fixed
Town of Stanford residents can expect to receive a tax bill next year that accurately represents the financial situation of the town.
That hasn't been the case for several years, according to a state comptroller's audit and the town's own findings. Residents have been overtaxed and saw tax rates that fluctuated wildly, as the town stockpiled an oversized general fund balance.
No comments:
Post a Comment