Tag: Taxes

Massachusetts ratepayers to pay extra $512M for transmission line for Canadian hydropower

PORTLAND, Maine -- Three Massachusetts utilities and Central Maine Power’s parent company have agreed that Massachusetts ratepayers must shoulder $512 million in additional...

Missouri sports betting ballot measure highlights national debate about tax rates

JEFFERSON CITY, Mo. -- The ads promoting a ballot measure to legalize sports betting in Missouri tout the potential for millions of new...

Georgia's Gov. Kemp and fellow GOP leaders promise new state income tax rebates

ATLANTA -- Georgia Gov. Brian Kemp and Republican legislative leaders want to issue another round of income tax rebates, thanks to state financial...

Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit

KUALA LUMPUR, Malaysia -- Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive reforms...

Italy approves tight budget partly funded by a levy on banks and insurers

ROME -- Italy’s far-right government has approved a budget for next year of about 30 billion euros ($33 billion), which officials say will...

Hong Kong cuts liquor tax in effort to reignite its nightlife industry

HONG KONG -- Hong Kong’s leader announced a cut to liquor tax Wednesday as the Asian financial hub hopes to revive its reputation...