15 countries with the lowest taxes

Because of the level of taxation in most industrialized countries, many turn to tax havens. Tax havens are places where people and companies move to avoid paying high taxes. GoBankingRates writes about it. The International Monetary Fund estimates tax havens are costing ...

12 profitable tax deductions and refunds you can get

There are many tax deductions that you can claim on your tax bill, which can either reduce your debt or increase your tax refund. You are probably already familiar with some of the more common write-offs such as property taxes, but there are more ...

In which states do Americans pay the most and least taxes

On April 15, 2020, the tax deadline will again come - and Americans may already be wondering how much damage will be done to their wallets this year. Unlike tax rates, the tax burden measures the amount of money taken from personal income. ...

Which US residents pay the most local taxes?

When it comes time to pay tax, all Americans are in the same boat. But the tax amount is not the same in all states. Although the bulk of taxes for a given year are collected by the federal government, there is still a large proportion of taxes that are paid differently from state to state. ...

97,5% tax rate: Sanders plans to halve the number of billionaires

Economists at the University of California, Berkeley argue that billionaires could face an average tax rate of $ 97,5, according to plans by Vermont Senator Bernie Sanders, who is in the 2020 election. Writes about this Fox News. Economist…

The United States wants to introduce a tax on wealth: the middle class may suffer from this

The US decided to tax the rich. While the wealth tax is intended for the wealthiest taxpayers, it can ultimately hurt middle-class families. Writes about this Fox Business. Unlike payments levied on income and wages, ...

Millionaires from San Francisco can be made to pay for the homeless

San Francisco has decided to fight homelessness at the expense of the rich. San Francisco is known all over the world for the problem of fighting drugs and homelessness. Some streets are so dirty that officials have launched a special "patrol". A young technician created "Snapcrap" - an application through which you can communicate ...

Trump wants to lower debts for the rich by saving them $ 100 billions

The Trump administration is examining a plan to cut capital gains taxes by $ 100 billion over 10 years by factoring inflation, according to the New York Times. US Treasury Chief Steven Mnuchin said in an interview on the sidelines of the G20 meeting in Argentina, ...

Trump threatened to introduce duties on Chinese goods for another $ 200 billion

Washington has reacted to Beijing's decision to raise duties on American goods. Trump has threatened China with new measures, for an even greater amount, writes RTVi, citing a statement by the US President. Trump said he had asked US Trade Representative Robert Lighthizer to compile a list of Chinese goods in ...

New tax rules that residents of five states will not like

The recent federal tax code revises the deduction limits for state and local taxes, which include property taxes. This can be an expensive treat for taxpayers in many states, writes Money Talks. WalletHub recently released state property tax rankings. They shed light on ...

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