June 8, 2025
Sydney 29

‘Eat the tariffs’: Donald Trump scolds Walmart after retailer blames import taxes for price hikes

US President Donald Trump on Saturday told Walmart to “eat the tariffs” after the retail giant warned that it would have to raise prices because of the new import taxes. Trump said that the retail giant should not blame tariffs for the price hikes.The US’s biggest retailer recently said that tariffs, even at reduced levels, […]

Bye-bye paycheck taxes? Mississippi and Kentucky plan to eliminate state income tax for first time in decades

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 […]