Biden drug tax on seniors

The Biden Drug Tax on Seniors

The erroneously titled ‘Inflation Reduction Act’ (IRA) contained a winding provision that would tax seniors on prescription drugs. The IRA does all this in the name of ‘senior discounts’ – double talk about healthcare. The Biden administration has introduced a policy that sounds good but actually hurts seniors. Remember President Obama’s false promise ‘if you … Read more

UK government launches consultation on proposed RET gambling tax

UK government launches consultation on proposed RET gambling tax

The UK government has launched a consultation on plans to introduce a new mandatory gambling levy to raise additional funds for research, education and treatment (RET) into gambling harm. Proposed as one of the measures in the Gambling Act white paper, the government said the tax would raise around $100.0 million ($115.5 million/$121.7 million) per … Read more