Opinion Is Kamalanomics a winning strategy?

You’re reading the Prompt 2024 newsletter. Sign up to get it in your inbox. Vice President Kamala Harris is out with her economic plan “to bring down costs for American families.” There’s already a lot of buzz about her proposals to go after corporate “price gouging,” cut taxes for families with kids and offer $25,000 … Read more

Where Does Kamala Harris Stand on Taxes?

Where Does Kamala Harris Stand on Taxes?

Kamala Harris Tax Proposals, 2024 | Tax Foundation Skip to content Home • Blog • Where Does Kamala Harris Stand on Taxes? Kamala Harris has a record of favoring steeper taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general … Read more

Cyprus real estate on steady path , – what’s lies ahead?

Cyprus real estate on steady path , – what’s lies ahead?

In the near future, the Cyprus property market is expected to continue on its dynamic path, however, it will not be a bed of roses, and strategic planning will be crucial to navigate changes and challenges ahead. In the next couple of years, we should expect to experience moderate growth as high interest rates stabilise … Read more

Tax cuts worth €500 million unveiled for 2025

Tax cuts worth €500 million unveiled for 2025

Finance Minister Gilles Roth has unveiled details of a package of tax cuts that will cost the state around €500 million a year from 2025, including reductions to personal and corporate taxes, tax credits for single parents and financial incentives for expats.The government has approved plans to adjust tax brackets by 2.5 indexations or 6.4% … Read more

Your Union Budget 2024 cheatsheet: Direct, indirect taxes and what you must look for

Your Union Budget 2024 cheatsheet: Direct, indirect taxes and what you must look for

ByHT News Desk | Edited by Abhyjith K. Ashokan Jul 09, 2024 03:12 PM IST Share Via Copy Link The Union Budget 2024 sees a lot of expectations for both direct and indirect tax rate cuts to boost consumption in the economy. What are direct taxes? Direct taxes are taxes that are levied by the … Read more

NJ budget deal taxes companies more to fund NJ Transit and supports senior tax break

NJ budget deal taxes companies more to fund NJ Transit and supports senior tax break

New Jersey Gov. Phil Murphy and legislative leaders have once again hashed out a budget behind closed doors just in time to avert a government shutdown — leaving little time for lawmakers to review more than $56 billion in spending.Among the key provisions: The state will be investing more than expected in a program slated … Read more

WTI sticks to $81, below two-month high

WTI sticks to $81, below two-month high

The benchmark West Texas Intermediate (WTI) attracted fresh buyers in Asian trading on Wednesday and reversed a part of the previous day’s retracement slide from the $81.65 area, or a nearly two-month top. The US crude oil currently trades around $81.00/barrel, up over 0.50% for the day amid persistent geopolitical tensions stemming from Israeli strikes … Read more

Biden’s plan to make corporations and billionaires pay more in taxes

Biden’s plan to make corporations and billionaires pay more in taxes

The president plans to raise taxes on billionaires and giant corporations to help fund more affordable housing and childcare, while keeping taxes the same for those earning under $400,000 per year. With the 2024 presidential election less than five months away, President Joe Biden and former president Donald Trump have been busy highlighting their tax … Read more

WTI trades around $81.00, bullish potential intact

WTI trades around $81.00, bullish potential intact

West Texas Intermediate (WTI) prices ticked lower in Asian trading on Friday, albeit lack follow-through and remain well within striking distance of the highest level since late April seen on Thursday. The US crude oilv currently trades around the $81.00/barrel mark and seems poised to register strong gains for the second successive week. Data published … Read more

Growing number of investors opting for gold

Growing number of investors opting for gold

Gold is up around 12% year-to-date, but despite this impressive price jump, many investors are planning to continue to pile into the precious metal, according to the chief executive of a leading independent financial advisory and fintech. “There’s been a 35% year-to-date jump in clients seeking to increase their exposure to gold and a growing … Read more