taxes

Politics

Harris and Trump Agree That Tips Shouldn’t Be Taxed

Photo by Sam Dan Truong via Unsplash

Kamala Harris supports eliminating federal taxes on tips for service and hospitality workers, which Donald Trump also supports.

2 min read

Photo by Chris Czermak via Unsplash

International Economics

Italy Raises Tax on Wealthy Migrants’ Foreign Income by 100%

Italy doubled a flat tax on the foreign income of new residents, upping it from €100,000 to €200,000 annually.

1 min read
Photo by Harrison Fitts via Unsplash

International Economics

Spain Cans its Golden Visa Program

The government decided to end the program because of its impact on the country’s housing crisis.

2 min read
Photo by Gage Skidmore via CC BY-SA 2.0

Politics

Biden Administration Has Been a Net Tax-Cutter, Study Finds

A new report says the president has effectively lowered the nation’s total tax burden by $600 billion over his term so far.

2 min read

Big Tech

Tech Giants Win Regulatory Case in EU, But Tax Clouds Loom

(Photo by Chris Nagahama on Unsplash)

Meta, Google, and TikTok successfully argued that individual European countries can’t cook up their own laws for large digital platforms.

1 min read

(Photo by Aboodi Vesakaran on Unsplash)

International Economics

Ireland Is Launching a Sovereign Wealth Fund

On Tuesday, Ireland said it wants to leverage its corporate tax revenue from tech giants to create a sovereign wealth fund.

1 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by Blue Origin and Daniel Oberhaus via CC BY 4.0

Technology

The State of the Billionaire Space Race

Blue Origin is going slower than SpaceX, but it also nailed a massive rocket launch on the first try. Jeff Bezos is back in the space race.

5 min read
Photo by Web Summit via CC BY 2.0

Finance

Crypto-Friendly Neo-Broker eToro Files for IPO

The listing marks a potentially triumphant comeback story and an insult of sorts to the embattled London stock exchange.

2 min read
Photo by Jay R. via Pexels

Energy

Oil Markets Show Signs of Resilience and Retreat as 2025 Gets Underway

With the way things are going today, it’s becoming increasingly hard to figure out what’s going on with the oil market.

2 min read

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