Most people are used to seeing sales tax on a receipt, but not every purchase includes it. When it doesn’t, you may still owe tax on that purchase through what’s called a use tax. This comes up most ...

The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.

The White House’s top economic advisors recently advised states to consider repealing taxes on corporate and personal income and to make up for it by drastically raising their sales taxes. This is the ...

On the far-too-long list of big mistakes I have made over time, several come under the heading “too much of a good thing.” It started with that third piece of coconut cream pie I ate at age 5. That ...

When government grows to dominate ever-larger shares of the economy, and when politicians refuse to be responsible about what they spend, there's a predictable next move: Insist that the problem is ...

DUBAI, Feb 5 (Reuters) - Sugar consumption is declining in the United States and Western Europe and is stagnating globally as higher taxes on soft drinks and the widening use of weight-loss drugs ...

TOKYO - Consumption tax and inflation dominate social media X posts mentioning Japan's upcoming general election, an analysis found Wednesday, underscoring that the cut in sales tax on food items as ...

TOKYO, Jan 30 (Reuters) - Japanese Prime Minister Sanae Takaichi is carefully considering the implications for fiscal sustainability of a consumption tax suspension and is consulting with the Finance ...

President Donald Trump displays the newly signed One Big Beautiful Bill Act at the White House on July 4, 2025. It will reduce federal funding for assistance programs by as much as a trillion dollars ...

Shares of Japanese food-and-beverage companies rose amid growing hopes that a consumption tax cut is coming. When Japanese Prime Minister Sanae Takaichi on Monday confirmed plans to dissolve the lower ...