Trump wants to introduce 20% import tax from Mexico to cover the cost of the wall

US President Donald Trump intends to ask Congress to introduce a tax of 20% of all imports from Mexico in order to use the money received to build a wall on the US-Mexican border. This was stated by the press secretary of the White House Sean Spicer, according to the New York Times. ...

The new decree trump hit on mortgage lending

One of the first actions of the Trump administration was to suspend a recent bill that would make buying a home this year cheaper for 1 million families, writes NBC New York. On January 9, 2017, the US Department of Housing and Urban Development (FHA) issued ...

4 US Cities Impose a Tax on Carbonated Drinks

A can or a bottle of a carbonated drink will rise in price in the near future in 4 US cities due to the wave of tax increases on these goods. Healthy eating advocates believe tax increases will reduce consumption of these sweetened beverages that lead to obesity, diabetes and other diseases. ...

Chicago package tax imposed

Starting January 1, 2017, all stores in Chicago, Illinois will have a package tax of 7 cents per unit (5 of them will go to the state budget, 2 to the store). This is done in order to reduce the consumption of packages and ...

Chicago Finance Committee approves new water tax

According to the mayor's calculations, the tax will add about $ 230 million a year to pay workers' pensions in full. This plan raises the water and sewage tax for the average family to $ 53 per year in 2017; up to $ 115 in 2018; up to $ 180 to ...

Tourists will be able to return some taxes after shopping in Russia

In Russia, by the end of 2016, it is planned to introduce a tax free system, which allows foreign tourists to return part of the taxes on purchased goods. The possibility of introducing a refund of value added tax (VAT) to foreign individuals on behalf of the First Deputy Prime Minister of Russia Igor Shuvalov is being considered by the Ministry of Industry and Trade, the Ministry of Finance, customs and tax authorities. With the initiative to introduce ...

States with the highest and lowest real estate taxes

After the close of the next tax season, it was revealed that the state of Illinois has the highest real estate tax rate in the country. The state rate is 2,67 percent. The average real estate rate nationwide is 1,31 percent. This means that the house is worth $ 200, ...

In New York, for plastic bags have to pay extra

Soon, in New York stores, plastic bags will have to pay an extra 5 cents. This was announced by a group of lawmakers who won the necessary number of votes in the city council to introduce a duty on one-time packages. Council members - Democrat Brad Lander, Margaret Chin and Antonio Ruenoso - ...

In California, gasoline prices have risen above $ 4

The price per gallon (3,78 liters) of regular gas has climbed California-wide from $ 1,80 to $ 2,06. In parts of the country, gasoline prices are already nearly double the average, reaching $ 4.99 a gallon. The most expensive gasoline in California is sold near San Francisco and ...

New York Millionaires are asked to raise taxes for the rich

More than 40 millionaires in New York, including members of the Rockefeller and Disney families, are asking for tax increases for wealthy residents. They believe that in this way they will help solve the problem of poverty and restore the city's infrastructure. Millionaires wrote a letter to New York State Governor Andrew Cuomo. “Like the New Yorkers who contributed ...

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