Deputy Prime Minister and Finance Minister Chrystia Freeland did not confirm whether the upcoming federal budget could include higher taxes for corporate Canada or major grocers.
A New York state appeals judge denied Donald Trump’s bid to delay his April 15 trial on criminal charges related to hush money paid to a porn star.
Some green energy companies in the US are not paying their fair share of taxes, despite receiving billions in subsidies. President Biden, who advocates for fair taxation, is in bed with these companies. The renewable energy lobby has collected over a quarter trillion dollars in subsidies over the past two decades, with little to show for it in terms of energy production. These companies are exempt from a proposed minimum corporate tax, highlighting the hypocrisy in the industry.
Sri Lanka Lions had a mixed weekend of cricket, beating Amdocs in the BAOFinancial 40 Over Cup before losing to MSN Punjab Lions in a T20 match.
President Joe Biden is calling on corporate America to pay their fair share of taxes, but it turns out that some companies, particularly green energy firms, are not paying their fair share. Despite receiving billions in subsidies, wind and solar power industries are among the biggest tax dodgers in the country, paying nearly zero income taxes. These companies have received over a quarter trillion dollars in subsidies over the past two decades, with no significant increase in renewable energy production. Biden’s policies, such as the Inflation Reduction Act, are expected to drain the Treasury of up to .8 trillion over 10 years. The green energy lobby is exempt from Biden’s proposed mandatory 15% minimum corporate tax, highlighting the hypocrisy in his stance on tax evasion. The green energy industry is profiting off climate change hysteria, with little to show for the taxpayer-funded subsidies they receive.
Spain’s Prime Minister Pedro Sanchez announced the scrapping of the golden visa programme, which grants residency rights to foreigners who make large investments in real estate. The programme, which required a minimum investment of 500,000 euros, will be eliminated to make access to affordable housing a right instead of a speculative business. Portugal has also revamped its golden visa scheme, excluding real estate investment to address a housing crisis.
– Pullix (PLX) is a new hybrid DeFi token that requires no KYC verification and has launched on several tier-1 exchange platforms.
– Pullix is implementing a Revenue Share Model that allocates a portion of the platform’s daily revenue to active members, making it a potential passive income powerhouse.
– Pullix is in the process of onboarding the platform to the Google and Apple App Stores and has a staking system that has gone live.
– Polygon (MATIC) has been in a bearish market for more than 60% of the past year, dropping by over 11% in the past week and 22% in the past month.
– Arbitrum (ARB) saw an all-time high three months ago but has declined since, losing over 14% in the past week and over 33% overall.
Two key U.S. lawmakers reached a deal on draft bipartisan data privacy legislation that would restrict the data collected by technology companies and give Americans control over their personal information. The legislation would also allow individuals to prevent the selling of their personal data and compel its deletion. The bill would give the Federal Trade Commission and state attorneys general authority to oversee consumer privacy issues and establish enforcement mechanisms. The legislation does not ban targeted advertising but gives consumers the ability to opt out of it. The bill also includes provisions for fines for privacy violations and annual reviews of algorithms to ensure they do not harm individuals.
Fact: In the northeastern Italian city of Trieste, a construction project is underway to demolish and replace eight buildings with social housing from the 1950s with energy-efficient apartments, creating green spaces and improving existing ones to enhance the area and promote outdoor activity and social interaction.
A 31-year-old man in Paphos was arrested for forgery, circulation of a false document, theft, and obtaining money by false representation. He used a fuel refueling debit card from a car rental company on 80 occasions at four different petrol stations to refuel vehicles not belonging to the company. The man was identified as the one who made the unauthorized refueling using the card. The Paphos CID is currently investigating the case.