tax increase
Coverage of tax increase in the Nexus archive.
- Anoka-Hennepin School Board addresses petition to increase taxes, frustrations remain
Anoka-Hennepin School Board publicly discussed a parent-backed petition to increase taxes for school funding after over 3,000 signatures were collected. The board did not take an official stance or outline next steps, leading to frustration from the parent group, Parents for Good Anoka-Hennepin, which insists further delays harm students. The district’s lawyer clarified that only the board can approve a funding referendum, conflicting with the group’s legal advice.
- 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.