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BBC @bbc.com Β· London πŸ‡¬πŸ‡§ Β· 2d

A recent Australian Senate hearing revealed that the country collects more tax revenue from beer than its substantial gas exports, igniting a campaign for a proposed 25% gas export tax, which, despite gaining popular support, has been dismissed by Prime Minister Anthony Albanese amidst concerns about investment stability and contract integrity, as the nation faces rising domestic gas prices and a fuel crisis. #Australia #GasTax #CostOfLiving #AU #US #JP #NO

www.bbc.com
Gas tax: How beer fuelled a debate on Australia's energy giants
Back in February, an otherwise dry senate hearing took an unexpected turn when a flustered treasury official confirmed a little known fact: Australia gets more tax from beer than gas exports.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 2d

As gas prices surpass $4.50 a gallon, lower-income households in America are driving less and allocating a larger portion of their budgets to transportation, further widening the economic divide highlighted by a recent Federal Reserve Bank of New York report. #GasPrices #EconomicInequality #CostOfLiving #US #IR #RU

www.nytimes.com
Higher Gas Prices Are Hitting Lower-Income Americans the Hardest
People with lower incomes are driving less and devoting more of their budgets to transport as gas prices soar. Surging gas prices are inflaming a longstanding economic divide in America, as households with lower incomes struggle to pay more at the pump at a moment when prices are already elevated.
Mary Lou McDonald @MaryLouMcDonald Β· 2d

β€œWe’ve already acted!” That’s MicheΓ‘l Martin’s tone-deaf reply! Rip-off energy bills on the rise again. The highest electricity prices in Europe. Over 300,000 households in arrears. Workers and families under huge pressure. We won’t allow Fianna FΓ‘il and Fine Gael to get away https://t.co/bcVGIyIg9P #EnergyCrisis #Ireland #CostOfLiving #IE

MicheΓ‘l Martin @MichealMartinTD Β· 2d

More than 947,000 children in primary and post primary schools have benefitted from this year’s free school books scheme - thanks to a €157m investment. This Government will continue to support education and working to ease the cost of living for families across Ireland. πŸ“š #EducationSupport #FreeSchoolBooks #CostOfLiving #IE

The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 3d

At a Small Business Week event at the White House, President Trump praised tax cuts and deregulation for boosting the economy, despite rising energy prices and growing economic concerns among Americans due to his foreign policy and job cuts, while struggling to deliver a cohesive economic message ahead of the midterm elections. #Economy #TaxPolicy #CostOfLiving #US #IR #VE

www.nytimes.com
Iran War Live Updates: Iranian Official Warns of Escalation Amid Strait of Hormuz Standoff
Speaking to business leaders from across the country at an event in the East Room of the White House, Mr. Trump declared that slashing taxes and regulations had yielded "record business," and that the economy was "roaring.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 3d

During a Small Business Week event at the White House, President Trump touted record business and economic revival under his policies, while starkly contrasting this optimistic portrayal with the harsh economic realities faced by Americans, including soaring energy prices and increased cost-of-living concerns exacerbated by ongoing foreign conflicts and his own policy decisions, which he downplayed amidst mounting criticism from within his political base regarding his focus on foreign rather than domestic economic issues. #Economy #TaxPolicy #CostOfLiving #US #IR #VE

www.nytimes.com
Iran War Live Updates: Iranian Official Warns of Escalation Amid Strait of Hormuz Standoff
Speaking to business leaders from across the country at an event in the East Room of the White House, Mr. Trump declared that slashing taxes and regulations had yielded "record business," and that the economy was "roaring.