The average Canadian family spent 42.3% of its income on taxes in 2024, according to a new study published by the nonpartisan Fraser Institute. The percentage spent on taxes is greater than the 35.5% allocated to housing, food and clothing combined. Last year, the...
The government of Vietnam is considering new taxes designed to limit real estate speculation that has been driving up prices. Vietnam News reports Prime Minister Phạm Minh ChÃnh has asked the Ministry of Finance to draft new policies designed to improve oversight of...
The average Canadian family spent 43% cent of its income on taxes in 2023, according to new data from nonpartisan think-tank Fraser Institute. Last year, the average Canadian family earned an income of $109,235 and paid in total taxes equaling $46,988. This level of...
Boston Mayor Michelle Wu is seeking a temporary hike in commercial property taxes, a move designed to fill the city’s budget gap without creating a greater tax burden on homeowners. A recent data analysis determined the city risks losing more than $1 billion in tax...
The challenges facing the U.S. housing market and the commercial real estate markets will not be acknowledged by President Biden tonight in his State of the Union address. The advanced “fact sheet” of the speech released by the White House did not include...