How the US Tax System Stole $600 Billion From Black Americans
A new book by University of Virginia professor Andrew W. Kahrl argues that the country has weaponized tax collection against its citizens for more than a century.
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A new book by University of Virginia professor Andrew W. Kahrl argues that the country has weaponized tax collection against its citizens for more than a century.
Chinese developer Country Garden Holdings Co., one of the biggest symbols of the nation’s broader property debt crisis, won approval to push back payments on three yuan bonds, people familiar with the matter said, staving off its first local default for now.
Iron ore climbed to the highest level in seven weeks as Fortescue Ltd., the fourth-biggest producer, said full-year shipments are likely to be at the lower end of guidance after disruptions hit supplies at mines in Western Australia.
The East London financial district is struggling to retain some major occupiers but its not all doom and gloom.
Centerbridge Partners’ Billy Rahm, who oversees global real estate investing, is leaving the firm, according to people with knowledge of the matter.
Sep 12, 2019
BNN Bloomberg
Liberal Party Leader Justin Trudeau said if re-elected his government would introduce new measures aimed at improving housing affordability, which would include a federal speculation tax on non-residents.
Trudeau said the one-per-cent annual levy would be modelled after the foreign buyers’ tax already in place in British Columbia. Ontario also implemented a similar tax under the previous provincial Liberal government.
In the announcement made from Victoria, B.C. on Thursday, Trudeau also said he would increase the value of a qualifying home in certain markets for the First-Time Home Buyers Incentive that was implemented earlier this month.
The cap on a qualifying home under the plan would increase to about $800,000 from $500,000 on homes in Toronto, Vancouver and Victoria if the Liberals win their re-election bid and would take effect in November.
Trudeau’s announcement came one day after he officially triggered the election campaign.