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Taxes

No tax on tips: 4 reasons why Donald Trump and Kamala Harris both believe in this economic policy

Zorica Nastasic / iStock.com Commitment to our readers The GOBankingRates editorial team is committed to providing you with unbiased reviews and information. We use data-driven methods to evaluate financial products and services – our ratings and reviews are not influenced…

ACUD reports EGP 26 billion pre-tax profit for 2023

Egyptian company New Administrative Capital Urban Development (ACUD) achieved a total profit before tax of EGP 26 billion in 2023, an increase of EGP 6 billion or 30% over the previous year. This was announced during the company’s annual general…

Bellmead proposes tax hike and higher bills for homeowners

Bellmead City Council this week reiterated its support for a tax increase to support the 2024-25 fiscal year, which includes money for future road improvements. The six-member council agreed Tuesday to a tax rate of 34 cents per $100 of…

Governor Justice: West Virginia income tax to be cut by 4% next year

Sunday Business Page: Mid-year tax audits Sunday Business Page: Mid-year tax audits 05:26 According to Governor Jim Justice, West Virginia residents will see a 4% cut in their income taxes in the new year. The Republican governor announced Thursday that…

Donald Trump warned against “cynical” social security plan

Hot on the heels of his proposal to eliminate the tax on tips from service workers, Donald Trump has proposed another tax cut: the elimination of all taxes on Social Security retirement income. “SENIORS SHOULD NOT PAY TAXES ON SOCIAL…

Letter: Hoping his good work will continue in the House of Representatives | Letters

I don’t believe in attacking my opponent or conducting a negative campaign. I think my record speaks for itself. As your State Representative of Rhode Island, I have championed families, children, seniors, and veterans. This includes expanding access to quality…

Warren County sales tax increase questioned in workshop

As Warren County government debates whether to increase the sales tax from 7 percent to 8 percent, taxpayers complain that it is a “regressive tax” that will disproportionately affect low-income families and cause local businesses to lose their competitive advantage…

IRS still uses JFK-era technology, whistleblower claims, revealing four shameful ways the agency wastes taxpayer money

Decades-old computer systems “paid for by the Kennedy administration” and terrible management are the reasons for the IRS’s poor customer service, an insider claims. An IRS employee who has worked at the agency for more than a decade spoke exclusively…

Governor Justice: West Virginia income tax to be cut by 4% next year

CHARLESTON, W.Va. (AP) — West Virginia residents’ income taxes will drop 4% in the new year, Gov. Jim Justice said. The Republican governor announced Thursday that state revenues had reached the threshold for the cut, which is set to take…

Impact of the “no tax on tips” rule on service workers in Las Vegas

LAS VEGAS, Nevada (FOX5) — Following a major campaign promise from both former President Donald Trump and Vice President Kamala Harris, it’s an issue that’s on many people’s minds in the Las Vegas Valley. Both say that if elected, they…