Keyword: “fiscal deficit” 26 related articles found
Florida Property Tax Reform Proposal Sparks Debate: Alleviating Burden or Undermining Services?

Taxation · 07/18/2025

Florida Property Tax Reform Proposal Sparks Debate: Alleviating Burden or Undermining Services?

Florida is engaged in intense discussions about abolishing property tax to alleviate the economic burden on residents. Although the proposal has garnered significant support, eliminating the tax would create a fiscal shortfall for local governments, potentially impacting public services. Balancing residents' needs with public interests is the central issue of this reform.

Singapore Business Guide Finance Taxes and Compliance Rules

Taxation · 08/21/2025

Singapore Business Guide Finance Taxes and Compliance Rules

This article addresses common operational questions for Singapore companies. It covers topics such as CPF tax relief, cash accounting schemes, fiscal year-end selection, CEO appointment, and services including company registration in China (Hong Kong, Taiwan), ODI overseas investment filing, auditing & accounting, trademark registration, and immigration visas. It aims to provide businesses with a comprehensive and practical guide.

US Bond Market in Crisis A Deep Dive From AAA to Emergency

Finance · 05/21/2025

US Bond Market in Crisis A Deep Dive From AAA to Emergency

Moody's has downgraded the US credit rating, bringing an end to a 108-year history of AAA ratings. This has led to a sell-off in the US debt market, with rapid capital outflows from US stocks, bonds, and the dollar. The yield on 10-year US Treasuries has surpassed 4.5%. A new 'sell-off America' trend has emerged as concerns about US fiscal stability increase.

Tax Filing Deadlines And Late Filing Guide

Taxation · 07/23/2025

Tax Filing Deadlines And Late Filing Guide

In the United States, the deadline for individual tax filings is April 15 each year, while fiscal year taxpayers have a due date four months later. A 6-month automatic extension can be requested, but payments must still be made on time during the interim. Those who have not filed should address this promptly, and military personnel are granted an additional 180-day grace period.

US Job Market Challenges for H1B Lottery Rejects

Job Search · 07/18/2025

US Job Market Challenges for H1B Lottery Rejects

The U.S. Citizenship and Immigration Services has announced that the H-1B lottery for fiscal year 2026 is fully subscribed, and there will be no additional draws. Many applicants who were not selected face new challenges. Despite the disappointment, there are several strategies to consider, including looking for exemption visas and exploring other visa options, to seek new opportunities for studying and working in the U.S.

Starbucks Reports Mixed Earnings Amid Market Uncertainty

Finance · 07/31/2025

Starbucks Reports Mixed Earnings Amid Market Uncertainty

Starbucks' Q3 earnings report for fiscal year 2025 showed revenue exceeding expectations, but EPS fell short with a year-on-year decline in same-store sales. Strong performances in North America and China boosted the stock price by about 4%. In contrast, SoFi's announcement of a large stock issuance led to a decline in its share price by approximately 7%. The upcoming Federal Reserve meeting is expected to maintain current interest rates, while the market is focused on future rate cut expectations.

NYC Rent Hike Puts Lowincome Tenants at Risk

Apartment Rental · 05/17/2025

NYC Rent Hike Puts Lowincome Tenants at Risk

New York City is considering adjusting the CityFHEPS housing voucher program, potentially increasing the rent burden for low-income tenants, sparking controversy. The move aims to control program costs but could exacerbate the financial strain on renters and increase the risk of homelessness. Facing a severe housing crisis, the New York City government needs to balance fiscal pressures with the rights of vulnerable populations, seeking sustainable housing solutions. This adjustment requires careful consideration to ensure fair and equitable access to affordable housing for all New Yorkers.

Chinas Spring Festival Spurs Consumer Trends Investment Shifts

Finance · 08/13/2025

Chinas Spring Festival Spurs Consumer Trends Investment Shifts

This article delves into the economic data of the 2025 Spring Festival, analyzing fiscal and tax revenues, aviation, film, and commodity prices to reveal consumption trends and investment opportunities. The stock market made a significant contribution, the aviation industry achieved record revenues, and the film market exceeded expectations, but inflationary pressures persist. Young people's gold consumption is on the rise, and Spring Festival travel remains challenging. Retail themed stores are attracting attention, and the steel industry anticipates improved operations. Overall, the Spring Festival economic data provides important reference for grasping investment opportunities.

Analysis And Impact Of The Tax Gap

Taxation · 07/21/2025

Analysis And Impact Of The Tax Gap

The U.S. tax gap reached $496 billion from 2014 to 2016 and is projected to be $540 billion from 2017 to 2019. Increasing compliance rates is crucial.

U.S. Treasury Stops Minting One-cent Coins: Background and Impact

Finance · 05/26/2025

U.S. Treasury Stops Minting One-cent Coins: Background and Impact

The U.S. Treasury has decided to gradually halt the production of the one-cent coin, as its manufacturing cost has reached four times its face value, leading to financial losses. With rising inflation, the actual market value of this coin is nearly zero. Additionally, discussions among nations regarding the production and elimination of low-denomination coins reflect trends towards digital payments and potential impacts on low-income populations. While the Treasury has the authority to make this

How Businesses Can Respond To Tax Reform Changes Key Changes And Resources To Know

Taxation · 07/25/2025

How Businesses Can Respond To Tax Reform Changes Key Changes And Resources To Know

This article analyzes the key changes in the Tax Cuts and Jobs Act and interprets its impact on corporate tax policies. It provides relevant IRS resources to assist businesses in adapting to the new tax environment and making effective tax planning and decision-making.