A court in Kenya on Thursday approved a decision to send in the army as police backup, as protests continue against a controversial tax bill that the government has promised to withdraw. While armoured military vehicles could be seen in the city, the court ruled in the evening that the deployment authorized by parliament was […]
Tag: tax
After state expands eligibility for property tax exemption, Kitsap’s applicant list grows
The income limit for seniors, disabled, or service-connected disabled veterans to qualify for a property tax exemption jumped across Washington state this year, and the number of individuals applying for the break has dramatically increased in Kitsap County through the first half of 2024. The Washington State Legislature passed the Substitute House Bill 1355 in […]
Kenya deploys more security forces as tax protests boil on
Despite the promised withdrawal of Kenya’s controversial tax bill, protests continued against the government of President William Ruto on Thursday, with gunfire reported in Nairobi. The situation was tense in the capital, where demonstrators announced a march to State House, Ruto’s official residence. Access roads were cordoned off over a wide area and numerous police […]
Broward RV dealership owner arrested, accused of not paying nearly $500K in sales tax
A Broward County RV dealership owner was arrested Wednesday night after being accused of not payingnearly $500,000 in state taxes. Gigi Stetler, 62, owns RV Sales of Broward in Dania Beach where she “collected and failed to pay a minimum of $471,447.35 in sales tax” to the Florida Department of Revenue from May 2019 to […]
Kenya rocked by fresh protests despite president’s U-turn over tax bill
Police in Kenya fired tear gas on protesters as a fresh wave of demonstrations swept the country, despite President William Ruto’s U-turn on controversial tax plans. Fresh protests dubbed “One Million People March” began Thursday, with demonstrators calling for roads leading to the capital Nairobi to be blocked. Others threatened to occupy the State House, the president’s […]
Denmark set to impose world’s first carbon tax on cows
Denmark, a major pork and dairy exporter, will introduce a tax on livestock carbon dioxide emissions from 2030, making it the first country to do so and hoping to inspire others such as Ireland to follow. Cattle farmers in the Scandinavian country are set to be charged almost €100 a year for the greenhouse gas […]
$1.2 billion STL riverfront plan moves forward with tax breaks
ST. LOUIS – A $1.2 billion redevelopment project for the St. Louis riverfront is one step closer to taking shape as board members approved a key tax break. On Tuesday, board members with the St. Louis Land Clearance for Redevelopment Authority approved a sales tax exemption on construction materials for a riverfront plan known as […]
IRS Apologizes to Ken Griffin to Settle Tax Data Breach Case
(Bloomberg) — The US Internal Revenue Service issued an unusual public apology to hedge fund manager Ken Griffin for failing to protect his confidential tax data from being stolen and leaked to the media by a contractor now in prison. Most Read from Bloomberg That contractor, Charles Littlejohn, pulled off one of the most egregious […]
Kenyan leader nixes tax hikes after more than 20 killed in protests
Johannesburg — Human rights groups say at least 22 protesters were killed and scores more wounded on the streets of Kenya Tuesday as they clashed with police in chaotic demonstrations over a contentious finance bill laden with tax hikes that was passed by the country’s parliament. With the deaths and injuries still being counted, the protesters’ […]
Kenya’s Ruto withdraws controversial tax bill as protests escalate
The News NAIROBI — Kenya’s President William Ruto on Wednesday withdrew a controversial finance bill that contained unpopular tax hikes following pressure from youth-led protests. Twenty-one protesters had been killed as of Tuesday evening, according to the Kenya Human Rights Commission (KHRC), with more than 200 injured. “Listening keenly to the people of Kenya who […]
Kenya Dollar Bonds Deepen Losses as Ruto Abandons Tax Plans
(Bloomberg) — Kenya’s sovereign dollar bonds extended losses after anti-government protests forced President William Ruto to scrap a $2.3 billion plan to balance the budget and make the country’s debt sustainable. Most Read from Bloomberg The nation’s 2031 debt security fell to its lowest price since being issued in February, pushing Kenyan bonds as a […]
Tax-Free Dream Or Costly Nightmare? The Truth About Living In States With No Income Tax
Tax-Free Dream Or Costly Nightmare? The Truth About Living In States With No Income Tax Ditching income taxes sounds like a dream for many Americans, and the nine states offering that see their fair share of interest. Although you may initially keep more of your paycheck, the story doesn’t end there. These states often make […]