Tag #Sales Tax

Showing 1 to 7 of 7 results

bbc.com
🌐 75% Global Worthiness
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Somaliland Expands Sales Tax to Boost Domestic Revenue

Somaliland's government expanded a 5% sales tax to various services including mobile money and internet access on Monday, aiming to boost domestic revenue amid customs revenue instability due to regional conflicts and global factors.

Progress

36% Bias Score

Reduced Inequality
cbsnews.com
🌐 55% Global Worthiness
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Yuba City's Budget Shortfall Leads to Service Cuts

Yuba City faces a $1.2 million budget shortfall due to the failure of Measure D, a proposed sales tax increase, resulting in reduced city hall hours, aquatic park limitations, and cancellation of the Summer Concerts in the Park series, beginning next week.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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New Jersey Seeks to Simplify Sales Tax Compliance by Eliminating Transaction Thresholds

New Jersey is proposing to eliminate the 200-transaction threshold for sales tax economic nexus, instead requiring businesses to collect sales tax if their gross revenue exceeds \$100,000 annually in the state; this simplifies compliance and enhances revenue collection.

Progress

48% Bias Score

Reduced Inequality
apnews.com
🌐 75% Global Worthiness
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Louisiana Implements Sweeping Tax Reform: $1.3 Billion in Cuts, Sales Tax Hike

Louisiana Governor Jeff Landry signed a bipartisan tax reform package into law, cutting income and corporate taxes while raising the state sales tax to fund the changes and redirecting $280 million from infrastructure projects. The plan will provide $1.3 billion in income tax cuts but has drawn crit...

Progress

56% Bias Score

Reduced Inequality
apnews.com
🌐 75% Global Worthiness
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Arkansas Proposes Eliminating Remaining Grocery Sales Tax Amid Nationwide Trend

Arkansas Governor Sarah Huckabee Sanders proposed eliminating the state's remaining 1/8th of a cent grocery sales tax, costing nearly \$11 million annually, amid similar proposals in Tennessee, Mississippi, and Alabama due to rising food prices and concerns about regressive taxation.

Progress

44% Bias Score

No Poverty
azatutyun.am
🌐 75% Global Worthiness
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Armenia Partially Reverses Turnover Tax Hike After Protests

The Armenian government announced a temporary reversal of a turnover tax increase, refunding excess tax paid by businesses in the first half of 2024 after protests. The government will reimburse the difference between the 5 percent tax and the amount actually paid, creating a six-month transition pe...

Progress

44% Bias Score

Reduced Inequality
apnews.com
🌐 75% Global Worthiness
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Mississippi House Passes Bill Phasing Out Income Tax, Raising Sales and Gas Taxes

The Mississippi House passed a bipartisan bill (HB 1) phasing out the state income tax over 10 years while raising sales taxes by 1.5% and implementing a 5% gasoline tax to fund infrastructure; this plan also gradually lowers the grocery tax from 7% to 2.5% over 10 years and is projected to cut $1.1...

Progress

36% Bias Score

Reduced Inequality

Showing 1 to 7 of 7 results