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Hometax

tax

Biden
Aljazeera International

Biden warns of windfall tax on ‘war profiteering’ oil companies

November 1, 2022 Mariel Alumit

US President Joe Biden has criticised oil and gas companies for recording big profits after crude prices surged following Russia’s invasion of Ukraine. Biden, speaking ahead of the November 8 mid-term elections, warned that if […]

Finance

Tax Cuts Do Not Cause Inflation. Printing Does…

October 24, 2022 Mariel Alumit

Authored by Daniel Lacalle, The narrative to attack any tax cut and defend any increase in government size is reaching feverish levels. However, we must continue to remind citizens that constantly bloating government spending and […]

Russia
Finance

Russia To Set Higher Oil, Gas Taxes To Plug Budget Deficit

September 23, 2022 Mariel Alumit

Russia will squeeze oil and gas producers for additional funds by assessing higher taxes, according to a new Russian draft budget. The move is telling both of the state of Russia’s oil and gas producers […]

Bill
Energy Policy

List of Tax Hikes in Democrat Reconciliation Bill

August 16, 2022 Mariel Alumit

$6.5 Billion Natural Gas Tax Which Will Increase Household Energy Bills        The bill imposes a regressive tax on American oil and gas development. The tax will drive up the cost of household energy bills. The […]

JPMorgan
Finance

JPMorgan CEO Jamie Dimon: ‘Why can’t we get it through our thick skulls?’ America boosting oil and gas production is ‘not against’ climate change

August 15, 2022 Mariel Alumit

JPMorgan CEO Jamie Dimon spoke to wealthy clients on a call Tuesday, Yahoo Finance reported. The call touched on various topics, including climate change and the odds of a recession. He said US natural gas production […]

UK North Sea
Finance

UK North Sea Tax Receipts Now $27 Million Daily

August 2, 2022 Mariel Alumit

The UK Government is being urged to do more to support families, businesses, and the energy transition after research by the Aberdeen & Grampian Chamber of Commerce (AGCC) revealed a 662 percent increase in North […]

Democrats’ oil import tax would violate Biden pledge, group says
Imports

Democrats’ oil import tax would violate Biden pledge, group says

August 1, 2022 Stu Turley

Democrat’s plan to reinstate a 27-year-old fee on oil imports represents a violation of a pledge by President Joe Biden not to raise taxes on anyone making less than $400,000 per year, according to the […]

Biden's
Finance

Biden pledge to tax wealthy, companies revived with Manchin-led bill

July 28, 2022 Mariel Alumit

WASHINGTON, July 28 (Reuters) – U.S. President Joe Biden’s campaign trail promise to increase taxes on corporations and the wealthy as part of a battle against glaring income inequality in the United States got an […]

What’s in the Manchin-Schumer Deal on Taxes, Climate and Energy
Climate Crisis

What’s in the Manchin-Schumer Deal on Taxes, Climate and Energy

July 27, 2022 Stu Turley

Senate Majority Leader Chuck Schumer and West Virginia Senator Joe Manchin released the outline of a tax, climate and health care deal on Wednesday, in what could prove to be major breakthrough after weeks of […]

UK’s
Energy Policy

New UK oil and gas tax will damage production, diminish energy security, Offshore Energies UK warns

June 29, 2022 Mariel Alumit

The UK government’s decision to impose a 65% tax rate on the nation’s offshore energy providers will do long-term damage to the industry – and raise the risk of future energy shortages, OEUK has told […]

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