About 20 of the highest grossing businesses — including large medical care providers, big box retailers and some contractors — would’ve seen their taxes increase to $100,000 or more. For example, a medical office whose gross receipts total $167.6 million annually would have paid $586,500, under the proposal, a more than 19,000% jump, according to … Read more
Boston Mayor Michelle Wu framed her plan to increase commercial tax rates as a necessary evil during a hearing before state lawmakers, saying residents may be forced out of their homes if the bill doesn’t pass and their property tax bills spike next year.Originally Published: July 16, 2024 at 8:30 p.m.
Facing a deadline just days away, New Jersey lawmakers Wednesday night introduced and quickly began approving a record new $56.6 billion state budget that’s backed by a new tax hike on large companies, adds some funding for property-tax relief, and includes big spending on public schools and pensions.But Democratic leaders once again faced objections from … Read more
It is noticeable how city centres can change from one day to another, so to speak. Larnaca, the “poor” relative of all towns, partly due to its unfortunate vocal pressure groups and some municipal corruption in the past, has been left behind in its development. The very recent upgrade of the original town with numerous … Read more
MORRISTOWN, NJ — Dozens of mayors are calling on Gov. Phil Murphy and state legislators to inject more cash flow into New Jersey Transit by way of a corporate transit tax, including Morristown’s Tim Dougherty. Commuters, labor leaders, and community activists echoed this call at a rally outside NJ Transit headquarters on Thursday, while also … Read more
Amid the myrriad of elections which unfolded on Sunday, here’s a wrap of who got elected as mayor for Limassol, Nicosia, Paphos, Larnaca and Famagusta.Nicosia: Charalambos Prountzos Limassol: Yiannis Armeftis Paphos: Phedonas Phedonos Larnaca: Andreas Vyras Famagusta: Simos Ioannou
An exit poll by Alpha showed Charalambos Prountzos as the popular candidate for Nicosia mayor, where he gathered up to 56 per cent of supporters.This left his main rival Nicos Tornaritis lagging behind with 42 per cent. Prountzos is supported by Akel, Edek and Volt, while Tornaritis has the backing of Disy, Diko, Depa and … Read more
Lawyer Charalambos Prountzos is leading the race for the Nicosia mayorship, first exit polls showed on Sunday. According to ALPHA TV, AKEL-backed Prountzos is forecasted to gain between 48%-56%, which is enough to grant him the victory. DISY’s candidate Nicos Tornaritis, who is also supported by DIKO and DEPA is predicted to win between 34%-42%, … Read more
THE BIGGEST news story over last few days has been that it was very hot. As if anyone in Kyproulla had not felt the scorching heat and had to be informed about it by continuous reports and updates from the media.OK, it was the highest ever temperature recorded in early June, but what more is … Read more
The Nicosia municipal swimming pool will be closed for the fifth consecutive summer season in 2024 due to the public sector’s inefficiency and lack of competence. The pool needed a major overhaul after 30 years, but the project has been delayed significantly. The pool was handed over to the Cyprus Sports Organisation for training purposes, leaving the public without an affordable swimming option for several years.