Mark Carney government reduced income tax in its first decision after coming to power. The first cabinet meeting of the Mark Carney government decided to reduce the income tax for 22 million Canadians starting from July 1. This will help some families to save up to $840 a year, according to a calculation given by […]
In a move that could reshape the way Americans are taxed at the state level, Mississippi and Kentucky have launched ambitious plans to eliminate personal income taxes—something no US state has done in more than four decades.The last time this happened was in 1980, when oil-rich Alaska scrapped its income tax. Now, with budget surpluses […]
AI image (Credit: Lexica) UK families face declining living standards by 2030, with lower-income households experiencing twice the decline compared to middle and high-income earners, according to recent data from the Joseph Rowntree Foundation (JRF). This challenges Keir Starmer‘s commitment to improve working people’s financial situation. prioritising increased income for working individuals. The prime minister’s […]
