Mamdani vs. Hochul: the New York mayor's request regarding property tax
New York Mayor Zohran Mamdani has proposed increasing property taxes if the state does not approve new taxes on large incomes and corporations, highlighting a significant budget gap in the city's financial plans.
People approaching state pension age face one-year gap under new HMRC rules
People nearing retirement will encounter a significant change in ISA savings rules starting April 2027, affecting their tax-free savings options.
Tax Gap and Loss of Competitiveness Against Brazil and Uruguay: Argentine Agriculture Pays Up to 70% of Its Income to the State
Argentine agricultural producers face significant tax burdens, paying up to 70% of their income to the state, which hampers their competitiveness compared to Brazil and Uruguay.
Half of the money saved from the elimination of the tax gap goes to consumption
Following the elimination of the tax gap, half of the additional income will be used for everyday consumption, with analysts predicting that about one-quarter of wage earners will invest the surplus income.
The extra money left after the removal of the tax gap in Poland goes to consumption
The extra money that people receive from the elimination of the tax gap in Poland is expected to be largely spent on everyday consumption, with analysts predicting that about a quarter of earners will invest the additional income.
A financial gap of $79 billion.. war exacerbates the Israeli economic crisis
The ongoing conflict in Gaza has revealed the fragility of Israel's economic and tax system, resulting in a projected defense gap of approximately $79 billion over the next decade.