Tax articles
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GENIUS: Dem Suggests Tax Exemption For Blacks As Reparations, Then Worries About Those Not Paying Taxes
In an interview on “The Black Lawyers Podcast,” freshman Rep. Jasmine Crockett (D-TX) floated the idea of exempting black Americans from paying taxes as a form of reparations. “I don’t remember which celebrity, but it was actually a celebrity,” she said, recalling the proposal. “And I was like, ‘I don’t know if that’s not necessarily […]
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Bill phasing out corporate income tax, tax credits in hands of Missouri Senate
(The Center Square) – In the stack of more than 80 bills the Missouri House of Representatives voted to send to the Senate is an effort to phase out the corporate income tax and end tax credits. If the Senate passes House Bill 2274 as it currently is written, the corporate tax rate would decrease from 4% to 3% on Jan. 1, 2025, drop to 2% in 2026, 1% in 2027, and no corporate tax would be imposed in 2028 and thereafter. The bill was first read in the Senate in late March and no...
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Tax Authority investigating how many others use Heineken-construction for tax avoidance
The Tax Authority will investigate how many people use the same tax construction as Charlene de Carvalho-Heineken to avoid paying taxes in the Netherlands, outgoing State Secretary Marnix van Rij of Finance told the Tweede Kamer, NOS reports.