tax burden
Coverage of tax burden in the Nexus archive.
- Voters in deep blue California are souring on ballot measures that add new taxes
California voters are increasingly rejecting ballot measures that add new taxes, despite the state's high tax burden. Recent election results show declining approval rates for tax increases, including rejections in San Francisco and other Democratic-leaning regions.
- I inherited a $500,000 IRA. Can I reduce the tax burden by using it for my children’s education?
The individual inherited a $500,000 IRA and wants to use it to fund their three children's college education to reduce the tax burden.
- How much more tax can we take? Rachel Reeves hints burden will rise AGAIN to fund defence boost - as Labour refuses to cut welfare
Rachel Reeves suggests tax burdens may increase further to fund a defense boost, while Labour maintains its stance against welfare cuts.
- Respite needed
The federal budget is criticized as a futile exercise constrained by IMF programs and limited fiscal space, with repeated budgets failing to address economic stagnation. Regressive tax policies and a cost-of-living crisis exacerbate hardship for households amid stagnant income growth and high oil prices.