Warren Buffett predicts ‘higher taxes are likely’ since the national debt won’t pay for itself
Warren Buffett predicts that companies like his may have to pay higher taxes in the future, and he is fine with the idea.
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Warren Buffett Adores Apple as Much as Ever
– Apple stock declined after Berkshire Hathaway disclosed it cut its stake by 13% in the most recent quarter.
– Warren Buffett, Berkshire’s chairman and CEO, stated that Apple is still the company’s largest holding and is “even better” than American Express or Coca-Cola.
– Buffett sold some shares of Apple because he believes corporate taxes are likely to go up in the future.
– Apple is still Berkshire Hathaway’s largest holding, but the exact breakdown of holdings will be revealed in a filing on May 15.
House and Senate DFL to battle over progressive tax provisions • Minnesota Reformer
Fact: The Minnesota House passed a tax bill that includes requiring large corporations with 0 million or more in gross domestic sales to publicly disclose their tax returns.
$100 million-plus tax hike on oil company Hilcorp added to carbon storage bill
Hilcorp would pay over 0 million more in state taxes per year under a provision added by Alaska lawmakers to a carbon sequestration bill.
French carmakers target fourfold jump in EV sales by 2027
Fact: France aims to ramp up electric car sales fourfold by 2027 under a strategy agreement with the government.
ATO targets directors over $2.5 billion in unpaid super, GST, employee income tax
The Tax Office is increasing action against company directors to recover .5 billion in unpaid taxes. Director Penalty Notices (DPNs) have increased by 320% in the past eight months, making directors personally liable for company tax debts. Directors who ignore DPNs may face serious consequences like asset seizure, bankruptcy, or wage garnishment by the ATO.
‘Perhaps there will be no Turkish Cypriots left’
Fact: Turkish Cypriot opposition party CTP leader Tufan Erhurman expressed concern that there may be “no Turkish Cypriots left” in some areas of the north in five or ten years due to lack of land quotas or property planning.
Road safety top of north, ’s agenda after Greek Cypriot death
Fact: Greek Cypriot Photis Photiou died in a road accident in the north, and his wife was injured in the crash.
Foreign interests working against Greece is a myth
Fact: Jacques Delors recounted an exchange at a meeting of the Council of the EEC where the French president argued in favor of Greece’s full membership by highlighting its historical significance as the homeland of Aristotle.
Helicopters and firefighters arrive from Jordan
Two firefighting helicopters and 18 crew members arrived in Cyprus from Jordan to boost firefighting capabilities ahead of the summer. The crews will be “operationally ready” within 24 hours and there will always be at least one crew on standby with a response time of 30 minutes. Ground-level firefighting crews have been at full operational readiness since April 1.