Tag: Taxes

Putin signs bill increasing income taxes for the wealthy in Russia

MOSCOW -- Russian President Vladimir Putin on Friday endorsed a bill that raises income taxes for the rich, part of efforts to help...

IRS collects milestone $1 billion in back taxes from high-wealth taxpayers

WASHINGTON -- The IRS announced Thursday that it has collected $1 billion in back taxes from high-wealth tax cheats — a milestone meant...

Biden administration to tax foreign-made steel and aluminum imports routed through Mexico

WASHINGTON -- The Biden administration is imposing tariffs on steel and aluminum shipped from Mexico that were made elsewhere — an attempt to...

New Zealand will radically ease zoning rules to try to relieve its stubborn housing shortage

WELLINGTON, New Zealand -- New Zealand will drastically ease zoning restrictions in a bid to “flood the market” with land for homes and...

Spain eliminates sales tax on olive oil to help consumers cope with skyrocketing prices

FILE - A day laborer works at the olive harvest in the southern town of Quesada, a rural community in the heartland of...

Congressional Budget Office raises this year’s federal budget deficit projection by $400 billion

WASHINGTON -- The Congressional Budget Office said Tuesday that it projects this year’s federal budget deficit to be $400 billion higher, a 27%...