Watchdog warns Boston Mayor Wu’s plan to hike business taxes could hurt city’s economy

A fiscal watchdog is cautioning Mayor Michelle Wu against moving forward with her plan to raise property taxes on Boston businesses beyond the state limit, saying that there are better alternatives that won’t hurt the city’s economy.  Subscribe to continue reading this article. Read original article here Denial of responsibility! Pioneer Newz is an automatic … Read more

Michelle Wu rolls out $4.6 billion budget to Boston City Council with property tax warning

Boston Mayor Michelle Wu proposed a $4.6 billion budget to the City Council with a reminder of her intertwined proposal that would seek to absorb the “shock” of higher residential property taxes by taxing businesses beyond the state limit. Wu rolled out her recommended city budget for fiscal year 2025, per a correspondence filed with … Read more

Unpaid NYC property taxes to hit record $880M: ‘no consequences’

New York City officials are forecasting overdue property taxes will surge to a record $880 million in the current fiscal year — and they say it’s because they’ve lost the power to enforce punishments for delinquencies. The staggering figure — forecasted for the fiscal year ending in June — marks a jump of more than … Read more

The best European countries to buy a vacation home: Spain, Italy, France

The Spanish town of Marbella, on the country’s south coast, is popular among overseas buyers. Artur Debat | Moment | Getty Images There are three European countries that are “perennial favorites” for people to buy a vacation home, according to Kate Everett-Allen, a partner at real estate firm Knight Frank. France, Italy and Spain all … Read more