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Taxation & Budget
Revenue policy, spending bills, deficits/surpluses, and public finance at all levels.
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Amendment 1 would lock in tax cuts for wealthy Iowans
50+ min ago (409+ words) This November, Iowans will be asked to change our Iowa Constitution for the 52nd time. The question on the ballot — Amendment 1 — sounds technical: It would require a two-thirds vote of both chambers of the Legislature, instead of a simple majority, before lawmakers…...
Proposed EU budget cut back in search for Christmas deal
6+ hour, 9+ min ago (672+ words) Ireland, which holds the EU's rotating presidency, suggested Saturday slashing the bloc's next proposed budget by 140 billion euros ($155 billion), in a quest to bridge deep divisions and reach a deal by the end of the year. European Union countries have…...
Council set to start scrutiny on P15.7 billion investment plan
5+ hour, 27+ min ago (241+ words) CEBU, Philippines — The Cebu City Council is set to begin deliberations on Tuesday on the city government’s proposed?15.736-billion Annual Investment Plan (AIP) for 2027. Mayor Nestor Archival, chairman of the Cebu City Development Council (CCDC), has formally endorsed the proposed…...
Port St. Lucie woman among 7 charged in alleged $57M IRS tax refund fraud scheme
1+ mon, 1+ week ago (235+ words) PORT ST. LUCIE, Fla. (CBS12) — A Port St. Lucie woman is among seven people charged in an alleged tax refund fraud scheme that sought more than $57 million from the IRS, according to the U.S. Department of Justice. A superseding indictment unsealed…...
GRA cautions taxpayers against attacking tax officials
2+ hour, 1+ min ago (340+ words) Accra, Oct. 9, GNA – The Ghana Revenue Authority (GRA) has cautioned taxpayers against attacking tax officials performing their lawful duties, warning that offenders would face the full force of the law. Mr Joseph Annan, Assistant Commissioner and Head of the Accra…...
Malaysia Allocates Cash Aid and Hikes Minimum Wage in Budget 2027
2+ hour, 19+ min ago (442+ words) Malaysia will disburse RM1,500 in special financial assistance to 1.3 million civil servants under the newly tabled Budget 2027. Over one million pensioners will receive RM750. Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim announced the cash distribution in the Dewan Rakyat on…...
Pierre City Commission Approves 2027 Electrical Bids
1+ hour, 16+ min ago (106+ words) KCCR-AM Pierre City Commission Approves 2027 Electrical Bids PIERRE, (KCCR) — The City of Pierre is ready to keep the lights on next year after the Pierre City Commission approved the annual purchase of various bits of electrical infrastructure last week. Electric…...
Healey Readies Short-Term Cost Relief for Winter
2+ hour, 41+ min ago (312+ words) Short-term help still has to be paid for. The options on the table are higher taxes, spending cuts or additional borrowing. Ahead of the budget, the Treasury has explored options to raise revenue - including a windfall charge on bank profits…...
DBM: Proposed budget does not mean cash is available
3+ hour, 58+ min ago (570+ words) ACTING Budget Secretary Kim Robert de Leon clarified that the proposed national budget does not represent readily available cash. The Department of Budget and Management (DBM) clarified that the proposed national budget does not represent readily available cash, saying funding…...
Government revenue growth stalled in 2025-2026 budget year
14+ hour, 28+ min ago (420+ words) Fiji’s total government revenue remained virtually unchanged in the 2025–2026 financial year, increasing by just $500,000 despite collections exceeding the original budget by more than $106 million. According to the Ministry of Finance’s Government’s Fiscal Performance – August 2025 to July 2026 provisional report, released last…...