taxes

Politics

Harris and Trump Agree That Tips Shouldn’t Be Taxed

Photo by Sam Dan Truong via Unsplash

Kamala Harris supports eliminating federal taxes on tips for service and hospitality workers, which Donald Trump also supports.

2 min read
International Economics

Italy Raises Tax on Wealthy Migrants’ Foreign Income by 100%

Photo by Chris Czermak via Unsplash

Italy doubled a flat tax on the foreign income of new residents, upping it from €100,000 to €200,000 annually.

1 min read
International Economics

Spain Cans its Golden Visa Program

Photo by Harrison Fitts via Unsplash

The government decided to end the program because of its impact on the country’s housing crisis.

2 min read
Politics

Biden Administration Has Been a Net Tax-Cutter, Study Finds

Photo by Gage Skidmore via CC BY-SA 2.0

A new report says the president has effectively lowered the nation’s total tax burden by $600 billion over his term so far.

2 min read
Big Tech

Tech Giants Win Regulatory Case in EU, But Tax Clouds Loom

(Photo by Chris Nagahama on Unsplash)

Meta, Google, and TikTok successfully argued that individual European countries can’t cook up their own laws for large digital platforms.

1 min read
International Economics

Ireland Is Launching a Sovereign Wealth Fund

(Photo by Aboodi Vesakaran on Unsplash)

On Tuesday, Ireland said it wants to leverage its corporate tax revenue from tech giants to create a sovereign wealth fund.

1 min read