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The days of carefree plastic use may soon be over. Even though the world is suffocating in polluting waste, sales of fresh polymers are projected to rise 40% to $529 billion by 2031. This may change if supporters of taxes and other restrictive measures prevail at ongoing talks for a global treaty to end plastic pollution by 2040. Drastic action would shrink a promising market for Big Oil and cut packaging firms’ margins. ....
The U.S. Supreme Court on Thursday curbed state and local governments from seizing and selling the homes of people with unpaid property taxes and keeping the proceeds beyond the amount owed, deeming the practice unconstitutional in a ruling in favor of a 94-year-old woman who battled tax authorities in Minnesota. ....
When Thomas Fox fell behind on his taxes several years ago, Michigan’s Gratiot County seized his property to satisfy his $3,000 tax bill. The county auctioned Fox's property for about $25,000 and kept the $22,000 difference between the sale price and Fox's tax obligation. ....
U.S. President Joe Biden will veto congressional efforts to overturn his solar tariff waiver for four Southeast Asian nations for two years, the White House said on Monday. ....
Williams & Connolly partner Robert Shaughnessy and Susan Shaughnessy have agreed to pay nearly $7.3 million to resolve a U.S. civil lawsuit that alleged unpaid federal income taxes, according to a proposed consent judgment filed in Washington, D.C., federal court on Monday. ....