tax increase
Coverage of tax increase in the Nexus archive.
- Jersey City plans smaller tax hikes after NJ lawmakers approve $120M bailout
Jersey City Mayor James Solomon has revised his proposed tax increase to 15% from an initial 20% following New Jersey lawmakers' approval of a $120M bailout. The adjustment reflects a scaled-back approach to budget planning.
- From 19 to 55 cents: IPEC hears options for a possible tax increase
The Indianapolis Public Education Corporation (IPEC) is considering options for a potential tax increase, ranging from 19 to 55 cents per $100 of assessed property value. The decision could impact homeowners with annual costs between $169 and $475, depending on the rate approved. A vote on the tax measure is scheduled for June 22, ahead of a July 22 deadline for the ballot question.
- Italy region: +200% tax on datacenters built in green/agricultural areas
Lombardy, Italy, has introduced a 200% tax increase on data center construction in green and agricultural areas to discourage development in environmentally sensitive regions. The policy aims to balance economic growth with environmental preservation.
- Why am I suddenly being hit with £600 extra in tax a month on my pensions? STEVE WEBB replies
A reader is questioning a sudden £600 monthly tax increase on their pensions, with Steve Webb providing an explanation. The issue highlights unexpected financial changes affecting retirees.