Tax Archives - 9xm News

Tax the rich, but who’s rich? Zohran Mamdani’s allies call for equality while sitting on millions; reveal disclosures

Liz Krueger (left), Zohran Mamdani (Hans Pennink, AP) Several lawmakers in Albany who describe themselves as socialists and progressives have access to considerable financial resources, despite advocating for policies centered on economic equality and wealth redistribution. Their well-funded positions highlight a growing presence of resource-rich progressive voices in New York politics.State Senator Liz Krueger, who […]

Canada drops tech tax: White House Says Ottawa ‘caved’ to Trump; trade talk to resume

US President Donald Trump (left), Canadian PM Mark Carney (AP) The White House on Monday said that Canadian Prime Minister Mark Carney had “caved” to pressure from US President Donald Trump, after Canada withdrew a controversial tax targeting American tech companies, a move that had triggered a freeze in trade talks.White House press secretary Karoline […]

After ‘tax the rich’, Zohran Mamdani says he thinks billionaires should not exist because…

Zohran Mamdani said he frankly thinks billionaires should not exist. New York City mayoral candidate Zohran Mamdani said Sunday he doesn’t believe “that we should have billionaires” because they have too much money at time when there is a lot of economic inequality. “You are a self-described democratic socialist. Do you think that billionaires have […]

‘Big Mistake’: Trump goes after Senator Tillis for rejecting ‘Big Beautiful’ tax bill | World News

‘Big Mistake’: Trump goes after Senator Tillis for rejecting ‘Big Beautiful’ tax bill US President Donald Trump rebuked North Carolina Republican Senator Thom Tillis on Saturday night after the lawmaker voted against moving Trump’s signature “big beautiful” tax‑and‑spending bill forward in the Senate. In a lengthy post on Truth Social, Trump accused Tillis of offering […]

‘Difficult country to trade’: Donald Trump calls off trade talks with Canada, slams digital services tax

US President Donald Trump (left) and Canadian PM Mark Carney (AP) US President Donald Trump came down hard on Canada over its decision to impose a Digital Services Tax (DST) on American technology companies, calling it a “direct and blatant attack” on the United States. In a post on his social media platform Truth Social, […]

‘Racial discrimination illegal’: Indian-origin Harmeet Dhillon threatens DOJ probe against Zohran Mamdani for ‘tax the whites’ proposal

Harmeet Dhillon threatens probe against Zohran Mamdani’s ‘tax the whites’ proposal. Assistant Attorney General for Civil Rights Harmeet Dhillon threatened to investigate Zohran Mamdani over his proposal to tax ‘whiter neighborhoods’ in NYC if he becomes the mayor. “Racial discrimination is illegal in the United States – period. Full stop! The illegal discriminatory scheme described […]

GOP tax bill would ease regulations on gun silencers and some rifles and shotguns

GOP tax bill would ease regulations on gun silencers and some rifles and shotguns (Image: AP) WASHINGTON: The massive tax and spending cuts package that President Donald Trump wants on his desk by July 4 would loosen regulations on gun silencers and certain types of rifles and shotguns, advancing a long time priority of the […]

Pakistan’s tax exemptions hit $21 billion; exceed external debt repayments: Economic survey reveals

Pakistan’s tax exemptions to various sectors cost the country over $21 billion this year, more than the $17 billion it needs to repay in commercial and bilateral external debt, as revealed in the latest economic survey.Pakistan’s finance minister Muhammad Aurangzeb presented the Economic Survey of Pakistan 2024-25 on Monday, which outlines various economic developments and […]

Republicans will pass Trump’s tax bill: Speaker Mike Johnson

WASHINGTON: With an uncharacteristically feistiness, speaker Mike Johnson took clear sides Sunday in President Trump’s breakup with billionaire Elon Musk.The Republican House leader and staunch Trump ally said Musk’s criticism of GOP’s massive tax and budget policy bill will not derail the measure, and he downplayed Musk’s influence over GOP-controlled Congress. “I didn’t go out […]

Trump’s $5 trillion tax gamble sparks GOP revolt, market jitters; and a rare rebuke from Elon Musk

President Donald Trump is facing mounting resistance from Republican senators, financial markets, economists, and even Elon Musk, over his multitrillion-dollar tax cut plan, which critics say could explode the national debt and rattle an already wary economy.The House recently passed Trump’s proposed tax and spending cuts, but analysts say they would add over $5 trillion […]