On 2 January, the U.S. dollar index rose 0.8 percent in intraday trading against an assortment of other currencies, reaching its highest mark since November 2022.
Tag: taxes
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BRITISH SHOPPERS ARE NOT SHOPPING
During the four weeks ending 27 July, foot traffic in U.K.’s retail storefronts was 3.3 percent less than a year earlier and 2.3 percent less than in June, the British Retail Consortium (BRC) reported.
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TOP TREND 2024: EV GO FU
Around the world, lawmakers and regulators are setting new fees and taxes on electric vehicles (EVs) to make up for the loss of taxes on gasoline and diesel fuel as more drivers opt for electric mobility.
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HOME AFFORDABILITY FALLS TO LOWEST IN 40 YEARS
Buying and owning a home takes a bigger slice of a household’s income than it has at any time in the last 40 years, The Wall Street Journal reported.
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U.S. SUPREME COURT ALLOWS IRS TO CARRY OUT SECRET, WARRANTLESS SEARCHES OF INNOCENT TAXPAYERS’ BANK ACCOUNTS
WASHINGTON, DC — In a unanimous opinion, the U.S. Supreme Court is allowing the IRS to go on secret, warrantless fishing expeditions through innocent taxpayers’ bank records in order to identify and collect unpaid taxes from family members and associates who have no legal interest in those bank accounts.
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RUTHERFORD INSTITUTE ASKS SUPREME COURT TO REIN IN THE IRS’ UNCONSTITUTIONAL POWER GRABS, WARRANTLESS SEARCHES OF INNOCENT TAXPAYERS’ BANK ACCOUNTS
Warning against unconstitutional power grabs and overreaches by the IRS, The Rutherford Institute has asked the U.S. Supreme Court to restrict the tax agency’s authority to carry out warrantless searches of innocent taxpayers’ bank accounts and financial records as part of its efforts to identify and pursue the funds of associated family members and friends with delinquent taxes.
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