Noticias de dinero

The Limited Effects of Taxes on Sugar-Sweetened Beverages

Here’s the case for imposing a tax on sugar-sweetened beverages: 1) Obesity is a major public health problem, through its effects on diabetes, cardiovascular diseases, asthma, certain cancers, and mental health; 2) Consumption of sugar-sweetened beverages is an outsized contributor to obesity; 3) Taxing sugar-sweetened beverages will raise the cost that consumers pay, and thus

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Noticias de dinero

When paying taxes, the simpler the better

I HAVE been in the tax practice for more than a decade now, and everyone will agree that the Philippine tax system is overly complicated. In the last few years, the system has undergone some major changes, starting with the Tax Reform for Acceleration and Inclusion (Train) Act and followed by the Corporate Recovery and

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Global

Malaysia to introduce new taxes, slash subsidies in economic reform push

Malaysia will progressively cut subsidies and launch new taxes including for luxury goods next year as part of economic reforms and to tighten its finances, Prime Minister Anwar Ibrahim said Thursday. Anwar, who took power last November, announced the measures while tabling 2024 federal budget in Parliament. He said the 393.8 billion ringgit ($83.3 billion)

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Noticias de dinero

New Studies Show How Business Taxes Hurt Average Americans

Did you know that Congress and President Biden raised your taxes? The hike masquerades as a tax hike on business, but according to the latest research, it actually hits your paycheck. State-of-the-art economic research overwhelmingly confirms that high business income taxes harm investment, research and development, worker productivity, wages, and growth, and three new studies

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Noticias de dinero

Trudeau Removing Attorney Client Privilege For Taxes

Trudeau is Klas Schwab’s pet. He does as he is told. No world leader has sought to destroy the attorney-client privilege, but Trudeau is hunting money for taxes and removing the confidentiality between Canadians and their lawyers. What is next? Priests must report every sin to Trudeau they hear in confession. Trudeau is now passing

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Noticias de dinero

Suspending fuel taxes ‘short-sighted’ – Diokno

FINANCE Secretary Benjamin Diokno on Tuesday criticized proposals to suspend value-added and excise taxes on fuel as a means to address surging pump prices, saying these would lead to substantial revenue losses for the government. “We recognize public sentiment to address the elevated fuel prices,” Diokno said in a statement. FINANCE Secretary Benjamin Diokno. Photo

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