Wealth Tax Impact: Details & Analysis | Tax Foundation Skip to content Colombia, Norway, Spain, and Switzerland. Countries have repealed their wealth taxes for a variety of reasons. They raise little revenue, create high administrative costs, and induce an outflow of wealthy individuals and their money. Many policymakers have also recognized that high taxes on … Read more
June 20, 2024 Click for PDF Moore v. United States, No. 22-800 – Decided June 20, 2024 Today, in a case widely seen as a test of Congress’s ability to enact wealth taxes, the Supreme Court held narrowly that Congress did not violate the Sixteenth Amendment by requiring U.S. shareholders to pay a one-time tax on … Read more
In Moore v. United States, the U.S. Supreme Court rejected a constitutional challenge to the Mandatory Repatriation Tax (MRT), holding that the MRT does tax income — the realized earnings of foreign corporations — and thus is a constitutionally permissible income tax authorized by the Sixteenth Amendment. The MRT is a “one-time, backward-looking” tax in … Read more
Before the first full week of June ends, an artistic event will take place in Limassol exhibiting the work of several local creatives. Ιn the framework Radical Afterlives: The Cyprus Movements Archive Project, the resident artists Belinda Papavasiliou, Emily Demetriou and x.ypno present their works at Vinegar Factory this month. The works were already presented … Read more
Unhedged podcast episode: ‘The billionaires’ tax’[MUSIC PLAYING]Robert ArmstrongThe G20 group, which represents the world’s largest economies, is discussing a billionaires’ tax for the first time. Today on the show, why are the very, very rich so very, very rich? Is it a problem and what should we do about it? This is Unhedged, the finance … Read more
– Two international photography exhibitions are taking place at 6×6 Centre for Photography in Limassol.
– The exhibitions feature photos from around the world and include work from diverse photographers.
– GuruShots provides a platform for photographers to showcase their talent and receive feedback on their work.
– The exhibitions will run from June 7-9, with an opening night on Friday from 7pm-9pm and open hours on Saturday and Sunday from 10am-6pm.
Parents of children with haematological and oncological conditions are concerned about the construction works planned at Makareio Hospital. They argue that building near clinics treating immunocompromised patients can be extremely dangerous. The Cyprus Pediatric Society warns of the risks, specifically mentioning the potential increase in hospital fungal infections, such as aspergillosis. Despite opposition from parents and medical professionals, the Health Insurance Organisation (HIO) has suggested relocating the Pediatric Oncology Clinic temporarily to another part of the hospital, which is not seen as a suitable solution. The decision to upgrade Makareio Hospital instead of building a new, modern hospital has been made without consulting those directly involved, raising concerns about the safety and health of the children undergoing treatment. The focus should be on prioritizing the health and well-being of these vulnerable patients.
– Anna Achilleos-Staeubli is an artist who uses the encaustic technique, blending beeswax, pigments, acrylics, and oil in her paintings.
Deputy Culture Minister Vasiliki Kassianidou emphasized the ministry’s commitment to supporting all forms of art and professionals in their fields during the presentation of the book ‘Aspelia Naturalis’ by Silvio Augusto Rusmigo. The event took place at the Cyprus Museum in Nicosia.
The Cyprus Contemporary Dance Festival is back with seven unique performances at the Rialto Theatre and Nicosia Municipal Theatre. Italy’s performances include “AMAE” exploring co-dependency in relationships and “Save the Last Dance for Me” reviving the Polka Chinata dance tradition. Ticket prices are €8, with free admission for students, soldiers, pensioners, and professional dancers. Free transportation is available from Nicosia to Limassol for certain performances.