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Cars made in Canada and Mexico. BMW, Volkswagen, Honda, Stellantis, Toyota, General Motors President-elect Trump plans to levy 25% tariffs on goods from Canada and Mexico, he said Monday.
The new bill was based on an assessment valuing Lloyd's modest 1950s home in Chicago Heights at more than $1 million. ... Car insurance rates have spiked in the US to a stunning $2,150/year ...
During an earnings call on Wednesday, Dollar Tree CEO Michael Creedon said that Trump’s plans to tax imported goods may lead to altered product sizes, or in some cases removing them from stores ...
While the RAC system had protected the home market from the import of large-engined low-priced mass-produced American cars, the need for roomy generously proportioned cars for export was now paramount and the British government abandoned the tax horsepower system [1] with effect from 1 January 1947 [4] replacing it at first with a tax on cubic ...
The RTA sales tax was increased to 1.25% in Cook County, and 0.75% in the collar counties (from 1% and 0.25%, respectively), but one-third of the sales tax collected in the collar counties (i.e. 0.25%) is distributed directly to the counties [39] and the county boards may use that money for transportation or public safety purposes.
Import surtaxes, also known as special tariffs, are extra taxes on top of the normal import tax of imported goods, with the extra taxes being reserved for some purposes. They are different from import duty , which is not reflected in the customs tariff and is set for a specific purpose.
If you spend $7,000 on a car and an additional $1,000 on improvements, but you sell the car for $7,000, it's considered a capital loss, and you don't need to pay tax on the sale.
The mayor's alcohol tax would potentially be more defensible were revenue strictly being used to fund vital government services, but the 2025 proposed budget still earmarks over $72 million to ...