Illinois Ticket Wins $1.04 Billion Powerball Jackpot
A Powerball ticket sold in Illinois won a $1.04 billion jackpot, with the winner able to choose between a $450.5 million lump sum or annuity payments over 29 years.
#Taxes
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Sergey Brin Has Spent More Than $100 Million Fighting California’s Billionaire Tax
Google co-founder Sergey Brin has spent more than $100 million opposing California’s proposed 5% billionaire tax, which could cost him roughly $13.3 billion.
South Korea to Invest AI Tax Windfall Into Future Fund
South Korea plans to channel tax revenue generated by the AI boom into a new Future Adaptation Fund supporting education, technology, regional development, and young people.
Netherlands to Introduce 36% Tax on Unrealized Gains From 2028
By
Emma Clarke
• 3 mins read
The Netherlands plans to impose a 36% tax on unrealized gains from stocks, bonds, and cryptocurrencies starting in 2028. Critics warn the move could drive investors to shift capital abroad.
What Are Personal Taxes? A Beginner’s Guide
By
Nathan Cole
• 6 mins read
Taxes affect income, purchases, investments, property, estates, and many everyday financial choices, with rules differing by jurisdiction and year. Learn how it works, why it matters, how to evaluate it, and which risks beginners should understand.
What Is Fiscal Policy? A Beginner’s Guide
By
David Sinclair
• 7 mins read
Fiscal policy uses government spending, taxes, and transfers to influence the economy. Learn how budgets, deficits, debt, multipliers, stabilizers, and trade-offs work.