Tuesday, October 19, 2021

State revenues are up after top earners paid more in taxes – troyrecord

ALBANY, N.Y. (AP) — New York is seeing a surge in revenues this year following a tax increase on the state’s highest-earning people and businesses.

New York ended September with a balance of about $20 billion in the main operating fund, which is where most state revenues go.

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Publisher: troyrecord
Date: 2021-10-19T15:26:36 00:00
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Bloomberg - Are you a robot?
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DREW HAMRICK: Lower property taxes helps everyone, especially Colorado renters — Yes on 120 -

T his November, Colorado voters can decide whether to reduce our property taxes – benefiting both homeowners and small businesses across the entire state.

The measure reduces the multifamily residential property tax assessment rate from 7.15 percent to 6.5 percent, as well as tax assessment rates for commercial property, including lodging, hotels and motels, from 29 percent to 26.5 percent.

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Publisher: Sentinel Colorado
Date: 2021-10-18T20:09:05 00:00
Twitter: @SentinelColo
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3 letters: on taxes, codes, childishness | Palm Coast Observer

I attended a recent City Council meeting when elected officials were discussing property taxes.

I currently spend $20.59 a month on stormwater. If I’m not mistaken, some of that money should be going toward the swales! Pay raises or bonuses will offset tax increases for the city employees but won’t help those who are on fixed incomes in the city.

Publisher: Palm Coast Observer
Date: 2021-10-18T16:27:53-04:00
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IRS Bank reporting requirement could raise taxes on working class | KARK

A provision is being proposed as part of the $3.5 trillion Build Back Better spending package that has the potential to change the rules for all banks and credit unions.

In addition, the proposed provision could potentially increase the amount of income taxes paid by the majority of all account holders, this according to John Heasley, the Vice President of Federal Affairs for the Texas Bankers Association.

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Publisher: KARK
Date: 2021-10-20T01:22:33 00:00
Author: Christina Aguayo
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Comptroller: Israelis Overpaying Taxes - Hamodia.com

Amid claims by the Israel Tax Authority that billions are lost to tax evaders every year, State Comptroller Matanyahu Englman revealed on Tuesday that Israelis overpay billions of shekels in taxes annually because they are ill-informed about their tax entitlements.

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Publisher: Hamodia
Date: 2021-10-19T19:05:18 00:00
Author: Amid claims by the Israel Tax Authority that billions are lost to tax evaders every year State Comptroller Matanyahu Englman revealed on Tuesday that
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Understanding taxes on retirement income | WGN-TV

No one wants to pay more taxes than they owe, right? This is especially true for people in retirement.

CHICAGO — A six-year-old girl was grazed by two bullets outside a West Englewood home, according to police.

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Publisher: WGN-TV
Date: 2021-10-19T17:24:06 00:00
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UPDATE 2-Italy moves to cut taxes, reduce energy bills in budget - sources

ROME, Oct 19 (Reuters) - Italy plans to set aside at least 8 billion euros for tax cuts ($9.33 billion) in its 2022 budget and to spend another 1 billion to reduce household energy bills, two political sources said.

To help boost the country's chronically weak economic growth, the government wants to reduce the so-called tax wedge, the difference between the salary an employer pays and what a worker takes home, which is particularly high in Italy.

Twitter: @Yahoo
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Fuel duty losses in green transition may mean new taxes, Treasury warns | Green economy | The

In documents released on Tuesday by Rishi Sunak's department alongside the government's net zero strategy, No 11 Downing Street said much of the £37bn raised last year from fuel duty and vehicle excise duty (VED) could be lost if drivers make the switch to electric cars, which have a low or zero

Publisher: the Guardian
Date: 2021-10-19T18:23:54.000Z
Author: https www theguardian com profile phillipinman https www theguardian com profile graemewearden
Twitter: @guardian
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Propositions would raise taxes to fix roads, flooding in West Lake Hills | KXAN Austin

AUSTIN (KXAN) — Early voting is underway in the Nov. 2 election, and voters in the City of West Lake Hills are being asked to consider potential tax hikes in exchange for road and flooding improvements.

Proposition B would allow West Lake Hills to issue bonds (debt) not to exceed $11.8 million.

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Publisher: KXAN Austin
Date: 2021-10-19T23:33:39 00:00
Author: Daniel Marin
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