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Biden Administration Proposes Tax Hikes For Businesses, Wealthy
The U.S. CongressPresident Democrats on Monday unveiled a sweeping proposal for tax hikes on big corporations and the wealthy to fund President Joe Biden’s $3.5 trillion rebuilding plan. The Democrats proposed 39.6% tax rate on individuals earning more than $400,000, or $450,000 for couples, and there would be a 3% tax on wealthier Americans with […]
NNPC Spuds Nasarawa Ebenyi-1 Oil Well, Targets 50Bn Barrels
….As Buhari Tasks Firm On Protection Of Environment The Nigerian National Petroleum Company Limited (NNPCL) on Tuesday spudded the Ebenyi-1 oil well located in Obi Local Government area of Nasarawa State as part of the Federal Government’s drive for oil and gas exploration and production in the frontier basins across the country. In his […]
Reps To Consider Bill Seeking VAT’s Movement To Concurrent List
The House of Representatives is reportedly making moves to consider a Bill that will empower the state governments to collect value added tax (VAT) by moving it to the Concurrent Legislative list. A news report linked to SaharaReporters stated that bill titled “An Act to Alter 39 Part 1 of the Second Schedule of the […]