Taxes
Coverage of Taxes in the Nexus archive.
- Philippines’ Marcos uses national address to promise relief, but funding questions loom
Philippine President Ferdinand Marcos Jnr promised relief from taxes, electricity charges, and high rice prices in his 2026 State of the Nation Address. He pledged to pursue corruption cases linked to a flood-control scandal, though analysts questioned how the government will afford the proposed relief and noted the absence of austerity measures.
- Detroit developer cites 'substantial taxes' as reason big blue cities like NYC are in trouble
A Detroit developer attributes economic struggles in high-tax cities like New York City, Los Angeles, and San Francisco to population decline and structural issues. He proposes transforming Detroit's Belle Isle into a self-governing 'Freedom City' to drive economic revival, citing a National Taxpayers Union Foundation study showing migration to low-tax states like Texas and Florida.
- CURE Bill raises taxes and snatches powers of elected representatives: MLA
The CURE Bill is criticized for increasing taxes and removing powers from elected representatives, as stated by an MLA. The bill's provisions are portrayed as undermining legislative authority.
- At Money Camp, Fairfax Co. students learn taxes, jobs and the real world
Fairfax County students participate in Money Camp at Oak Hill Elementary School in Herndon, Virginia, where they learn personal finance skills through a simulated economy called Cent City. Activities include managing jobs, bank accounts, and starting businesses, with lessons on taxes and insurance. Jeanette O’Malley co-founded the program 15 years ago, and students like 10-year-old Surya Kosaraju gain real-world financial insights.
- Mayor Brandon Johnson talks crime, taxes and reelection plans in FOX Chicago interview
Mayor Brandon Johnson addressed crime, taxes, and the city's budget in a FOX Chicago interview and mentioned a decision on his political future is coming soon.
- Chicago mayor answers questions on crime, taxes and a possible reelection run
Chicago Mayor Brandon Johnson discusses crime, taxes, the city's budget, public safety leadership, and a potential reelection run in an interview with FOX Chicago.
- Candidate Q&A: State Senate District 17 – Nani Brown
Nani Brown, a candidate for State Senate District 17, advocates for imposing taxes on extractive businesses to cover environmental damage caused to land, framing it as a moral obligation. The statement reflects her policy stance on corporate accountability for ecological harm.
- Candidate Q&A: State House District 14 — Ashley Olson
Ashley Olson emphasizes the need to balance generating revenue for low-income residents with avoiding excessive tax burdens on middle-class families. The statement focuses on equitable tax policy in the context of a state house district campaign.
- Nigerian president signs order on approach to crypto regulation, taxes
The Nigerian president signed an executive order establishing a virtual asset council and addressing the fragmentation of crypto regulation for oversight and enforcement. The order also includes provisions for taxing virtual assets.
- High taxes are already killing New York’s future
The article argues that high taxes in New York are harming its future and that urgent tax cuts are needed to prevent hardship for non-government workers.
- Hungary Crackdown on $20 Billion EV Sector Puts China on Notice
Hungary's $20 billion electric-vehicle industry is facing a crackdown under new leadership, targeting environmental violations and considering tax increases. The sector previously benefited from protection under former premier Viktor Orban.
- [US] Husband knows he is being scammed, but still gives them money
A husband invested in CFDs through an unnamed website, initially contributing funds and later adding $250,000 from inheritance. The platform locked his account and demanded additional fees, now seeking more money for 'taxes,' with plans to use his 401K. The couple, in their mid-50s, faces financial strain as the inheritance was meant to last their lifetime.
- Shabana Mahmood tipped to be Burnham's Chancellor - what could her plans be for the economy and taxes?
Shabana Mahmood is being considered for a chancellor role under Burnham. The article speculates on her potential economic and tax policies.
- Renting beats buying in many California cities, new report finds
A new report finds that renting is more favorable than buying in many California cities due to stagnant home prices and rising homeownership costs. The report highlights that appreciation, a key argument for buying, has weakened as taxes and insurance expenses increase.
- Jon Henry
Jon Henry, a Republican candidate for Tennessee's Congressional District 6, emphasizes tax reforms, strict immigration enforcement, and a federal abortion ban. His campaign highlights on-shoring jobs, housing policies tied to immigration control, and balanced AI regulation.
- 25 things to know before investing in anything
The article outlines 25 essential fundamentals for investing, covering topics such as compound interest, diversification, fees, taxes, and cognitive biases. These principles are presented as universally applicable to all types of investments.
- Waikīkī, Noise Pollution And Taxes: State House District 24 Candidate Q&As
The article covers a candidate Q&A for State House District 24, focusing on issues like Waikīkī's noise pollution and taxes. Two Democrats and a nonpartisan candidate are listed on the primary ballot.
- Slash spending and tackle youth jobs crisis but don't put up taxes, OECD tells Burnham
The OECD advises Burnham to reduce spending and address the youth jobs crisis without increasing taxes.
- Welcome to tech bro island: Thirty billionaires fund self-proclaimed 'crypto micronation' to create a 'utopia' without taxes and government regulation
Thirty billionaires are funding a self-proclaimed 'crypto micronation' aimed at creating a 'utopia' without taxes and government regulation. The initiative, dubbed 'tech bro island,' seeks to establish a community free from traditional governance structures.
- GOP gubernatorial candidates trade personal blows, agree on taxes and data centers
Republican gubernatorial candidates John James, Perry Johnson, and Mike Cox debated in Grand Rapids, emphasizing tax cuts, data center regulations, and education improvements. They highlighted distinct campaign strategies, with Johnson stressing independence, James focusing on Trump endorsements, and Cox citing past statewide experience.
- LIAM HALLIGAN: To stave off a shameful bailout, Britain needs to raise £120billion a year - by cutting welfare or raising taxes. Guess which Labour will do!
Britain needs to raise £120 billion annually by cutting welfare or raising taxes to avoid a bailout, with the article suggesting Labour will choose one of these options.
- Mega Millions hits $604M, but you would take home far less as the winner
The Mega Millions jackpot reached $604 million, but winners would take home significantly less due to taxes.
- Bickering, electability, Trump take center stage at first of back-to-back GOP gubernatorial debates
GOP gubernatorial candidates John James, Perry Johnson, and Mike Cox engaged in personal attacks during a Fox 2 Detroit debate, focusing on electability and criticisms of each other's qualifications. They agreed on issues like tax cuts, budget reduction, and supporting President Donald Trump's agenda, but the debate was marked by bickering and accusations of deceit.
- Ethiopia Passes a Record $14.6 Billion Tax-Financed Budget
Ethiopia’s parliament approved a record 2.34 trillion birr ($14.6 billion) budget for 2026/27, primarily funded by taxes. The budget is described as a self-reliance test for Ethiopia’s post-default economy.
- Hochul swipes back at Blakeman blaming her for rising NY costs – as new poll hints gov’s race is tightening
Hochul responded to a Blakeman campaign mailer that blamed her and New York City Mayor Zohran Mamdani for 'sky high taxes, rising utility bills and out of control crime,' calling the claims 'pure fantasy.' A new poll suggests the governor's race is tightening.
- Why Flying Within Central America Costs More Than Reaching Miami
Flights between Central American capitals can cost $600-$700, often exceeding the price of a flight to Miami, due to taxes and airport fees that account for 70% of the fare. Officials are seeking reforms under the CA-4 initiative to address the issue.
- V. Sivankutty slams Kerala CM’s ‘reverse remittance’ remarks on migrant workers
V. Sivankutty criticized Kerala Chief Minister's remarks on reverse remittances, arguing that migrant workers' contributions to the state economy are not adequately recognized. The CM claimed money earned in Kerala flows to other states, and migrant workers primarily contribute through taxes from liquor consumption.
- Kerala CM promises new models beyond PPP to make private developers part of State’s growth
Kerala Chief Minister P. Satheesan has pledged to introduce new models beyond public-private partnerships (PPP) to involve private developers in the state's growth. The government emphasizes it will not increase taxes to fund these developmental activities.
- Mamdani admits he wants to end his ‘one-sided beef’ about taxes with 50 Cent
Mamdani wants to resolve his disagreement with 50 Cent over tax policies. Mamdani supports increasing taxes on the wealthiest, while 50 Cent opposes this.
- New questions about Trump's taxes after financial disclosure release
President Trump's financial disclosure has sparked questions about potential ethical concerns regarding profiting from the presidency and the amount of taxes he pays.
- Andy Burnham rules out 'crude cuts' to welfare - as he hints that taxes will have to rise
Andy Burnham has ruled out 'crude cuts' to welfare and indicated that taxes may need to increase. The statement suggests a shift in policy approach to address financial challenges.
- BlackRock CEO Larry Fink 'worried' about NYC under Mamdani, floats investing elsewhere under weaker conditions
BlackRock CEO Larry Fink expressed concern about New York City's future under Mayor Zohran Mamdani, citing potential tax impacts on the city's finances and considering alternative business locations if conditions worsen. Fink criticized the city's '13 years of weak administrations' and highlighted disparities in tax services, comparing New York's system to the Netherlands. He stated BlackRock could shift resources if the New York environment deteriorates.
- King Charles III will not live at Buckingham Palace after its costly refurbishment
King Charles III will not reside at Buckingham Palace following its refurbishment. He disclosed his tax payments during a briefing on royal finances.
- Democrats want us to focus on Graham Platner’s policies. He fails Maine there, too
Graham Platner, the Democratic candidate for Maine's Senate seat, faces criticism over personal controversies and policy positions. The article argues his progressive policies, including higher taxes and energy mandates, exacerbate Maine's cost-of-living crisis.
- Looking for areas where Michael Bennet and Phil Weiser differ on policy? There aren’t many.
Michael Bennet and Phil Weiser, Democrats running for Colorado governor, have focused their campaign contrasts on President Donald Trump rather than issues like housing and taxes. The article notes there are few policy differences between the two candidates.
- Whose tax bill has risen most? Endless hikes have left households paying up to 90 different taxes - we reveal the biggest losers
The article highlights that households are facing up to 90 different taxes due to continuous hikes, identifying the biggest losers in the tax increases. It focuses on the rising burden of multiple tax obligations on individuals.
- Raise Social Security taxes — and cut benefits, too
The article argues for increasing Social Security taxes and reducing benefits to ensure the program's sustainability. It emphasizes that prompt action is necessary to minimize future financial strain on Americans.
- Gavin Newsom accuses Trump of launching political probe into him. The real issue may be his wife’s taxes
Gavin Newsom claims the Justice Department is conducting a politically motivated investigation into him and his wife, alleging it is part of a broader effort by the Trump administration to target political opponents. The probe reportedly includes inquiries into his wife's taxes and has expanded to involve his family and professional network. The Justice Department did not comment on the allegations.
- PTI rejects federal budget for FY2026-27, terms it an 'exercise in elite self-preservation'
PTI, the main opposition party, rejected Pakistan's Rs18.8 trillion federal budget for FY2026-27, criticizing it as prioritizing elite interests over economic recovery and民生 challenges. The party accused the government of relying on remittances and foreign borrowing while imposing taxes that disproportionately burden the poor and small businesses.
- There’s no such thing as ‘other people’s money’
Lee Russ challenges Matt Swenson's argument that Vermont legislators are detached from the working class, asserting that taxes fund social programs using everyone's money. Russ criticizes the conservative notion of 'other people’s money' as a propaganda tool that ignores the shared responsibility of funding public services.