When the US Supreme Court legalized sports betting, states were quick to get in on the action. But as lawmakers grow reliant on taxes from betting, what do they owe problem gamblers?
Government gets R90 billion a year from fuel levies.
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Much of the infrastructure Australia needs will be funded by “value capture” – raising tax revenue by boosting land values. Some have decried it as a tax hike in all but name, but it isn’t really.
One of the ways that super-rich individuals in Africa are evading tax is through keeping their money in offshore accounts.
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The number of super-rich individuals in Africa is growing, but they are not paying their fair share of taxes. African governments are losing out on roughly US$15 billion in taxes annually.
The political to-and-fro after George Osborne’s budget failed to ignite political imaginations. Maybe because all parties are struggling to rationalise the hole government coffers.
Prime minister Tony Abbott has said the upcoming budget will be “routine”.
AAP/Nikki Short