I’ll close, however, by focusing on an issue that is far more important. I like that the Magnolia State has a goal of eliminating the income tax. Such a reform would be great for jobs and growth. But what will really determine success is not a typo in the bill, but rather a commi...
While Americans may disagree on how the government spends their taxes, at tax time, many of us are looking for ways to pay no more than we owe — or even boost our tax refunds. These strategies go beyond the obvious to give you tried-and-true ways to reduce your tax liability. 1....
Osborne and Ted Gaebler's Reinventing Government in 1992, the world of innovation, reform and modernization in the public sector moved from the back-room stacks frequented by accountants, city managers and quality gurus to the front shelves reserved for best sellers.Soglin, Paul R...
Inbound consumption in China is expected to exceed 1.5 trillion yuan (around 205 billion U.S. dollars) over the next five years, said economist Hong Tao at Beijing Technology and Business University. In 2024, inbound travelers spent over 94.2 billion dollars in China, according to the National...
In Guangzhou, where Singaporean visitor Lee explored, a commentary carried by a local newspaper on April 10 has called for more efforts to identify choke points to make shopping in China more enjoyable. "I'll visit China again — and ...
These accounts allow your retirement savings to grow tax-free, and withdrawals are not taxable if you're 59 1/2 or older and have held the account for a minimum of five years. That's because contributions are made with after-tax dollars. “Also, unlike traditional accounts, Roth IRAs don...
On its current trajectory, the U.S. national debt could soon reach its highest level in 80 years. Dawn PapandreaMarch 13, 2025 Will Trump Cause a Recession? Donald Trump took office on Jan. 20, 2025, and experts debate whether his policies will usher in a period of economic decline...
It's important to note that all of these transactions are referenced back to United States dollars since this is the currency that is used for your tax return. So, even if you buy one cryptocurrency using another one without first converting to US dollars, you still have a ...
“If the high U.S. tariffs persist, we may see the rise of a 'daigou' trade,“ said Wang Huayu, an associate professor of fiscal and tax law at Shanghai Jiao Tong University, referring to a practice that Americans pay intermediaries to shop in China on their behalf. ...
But on the other, Goldman is now on the hook for several billion dollars in payments to the IRS. Goldman, at the very least, is in good company. Barclays earlier this week estimated the tax bill would cost the company more than $1.3 billion. Bank of America last week warned its ...