It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
Two tax plans are emerging for the upcoming U.S. presidential election. Trump proposes extending the Tax Cuts and Jobs Act, including permanent cuts for individuals. Biden plans to extend these cuts for those earning less than $400,000, while increasing taxes for the wealthy and corporations. Both plans rely on the expiration of the Tax Cuts and Jobs Act provisions in 2025, which could result in higher taxes for most Americans if Congress does not act.
President Biden's proposal includes tax credits to enhance homeownership affordability for middle-class families. First-time buyers would receive $5,000 annually for two years, while families upgrading would be eligible for up to $10,000. However, experts express skepticism that these credits alone can address the underlying issues of high mortgage interest rates and insufficient affordable housing supply.
