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The Social Security Administration just released a statement announcing five key changes that will be made to the Social Security program starting in 2025...
‘Starting with the 2025 filing season, the IRS will make Direct File a permanent option for filing federal tax returns,’ said IRS Commissioner Danny Werfel.
A report has revealed that the Queensland government has received an extra $3.5 billion in stamp duty over the last 3 years.
‘After a decade of Labor, debt in Victoria still remains more than NSW, Queensland, and Tasmania combined.’
A letter calling for an extra $10 billion of tax has been signed by mostly Green and independent councillors across the country.
So far, the IRS has delivered more than $200 billion in refunds through early April, and 101 million people have filed returns this tax season.
‘The more you recycle, the more you’ll have to pay the government.’
The bill is accompanied by Trump-era tax breaks for businesses.
The plan will, instead, see the government lower the tax rate for low and middle income earners.
‘We should all be worried that a future government will make this permanent,’ Libertarian MP David Limbrick said.
Australia Institute estimated that the government could raise nearly $1.5 billion a year with the tax while forcing companies to step up recycling efforts.
Siyamak sits down with Joe Vinatieri, Mayor of Whittier, California and a tax expert. He'll talk about why people are leaving California and the impact of high taxes on the state.
