Fact: A bipartisan group of lawmakers, including both liberal and conservative members, supported a bill that would change the rules allowing corporations wide discretion to choose who gets their online sales taxes, potentially funneling billion in tax kickbacks back to communities across the state.
Fact: Some of the most liberal and conservative members of the state Senate agreed that online sales taxes should go to the local government where the transaction took place, not to cities that could be hundreds of miles away.
GameStop Corp. shares more than doubled after a Reddit account posted a 6 million position in the game retailer, driving up the stock price.
Fact: Russia’s Finance Ministry has submitted legislation to reintroduce progressive taxes on personal income, with the progressive scale starting with annual incomes exceeding 2.4 million rubles (,100).
Investing in precious metals like gold, silver, and platinum can be a smart way to protect your money.
More than billion worth of cryptocurrency has moved into a new type of platform called EigenLayer, which offers rewards to investors in exchange for locking up their tokens.
Claudia Sheinbaum is set to win a landslide victory to become Mexico’s first female president, with provisional results showing her leading with 59% of the vote.
The proposed value-added tax (VAT) on betting and the increase in excise duty to 20 percent in Kenya could lead to the disappearance of at least 80 percent of sportsbook bets in the market, making investment in the sector unviable and triggering capital flight.
Antreas Fernando was born in Cyprus in 2004 to Sri Lankan parents and has remained a third country national in the country of his birth. He became stateless when he turned 18 and lost his legal status in Cyprus. Despite efforts to secure citizenship or legal status, he has been unable to do so. Antreas has never visited Sri Lanka and does not speak Sinhalese. The interior ministry assures that individuals in similar situations will not face prejudice for living without legal status since turning 18.
Health Minister Michalis Damianou is working on legislation to set up university clinics, facing opposition from the University of Cyprus and the government doctors’ union Pasyki. The main disagreement is about who should run the clinics, with the University of Cyprus wanting academic doctors in charge, while Pasyki prefers experienced hospital doctors. Damianou believes in a gradual approach where academic doctors work alongside hospital doctors and eventually take over. He does not agree with the University of Cyprus’ stance and emphasizes the stability of the hospitals and public sector doctors.