Tag #Income Tax

Showing 49 to 56 of 56 results

elpais.com
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Spain Considers Tax Change That Could Offset Minimum Wage Increase

The Spanish government is considering not adjusting the personal income tax to offset a planned increase in the minimum wage (SMI) of 3.4% to 4.4%, which would leave minimum wage earners with around 42% less of the increase, sparking opposition from the UGT union, which threatens to withdraw from ne...

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44% Bias Score

No Poverty
us.cnn.com
🌐 75% Global Worthiness
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Tax Cut on Tips: Limited Impact Despite Bipartisan Support

President-elect Trump's proposed elimination of taxes on tips, also supported by Vice President Kamala Harris with stipulations, would benefit a small portion of the 4 million tipped workers in the US, costing an estimated $60 billion to $200 billion over 10 years, raising concerns about its impact ...

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48% Bias Score

No Poverty
theguardian.com
🌐 75% Global Worthiness
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Badenoch Backs Flat Tax, Pending Economic Restructuring

Conservative Party leader Kemi Badenoch advocates for a flat income tax rate in the UK, stating it is an \"attractive idea\" that would require significant economic restructuring before implementation, despite the fact that most developed countries use a graduated tax system.

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52% Bias Score

Reduced Inequality
apnews.com
🌐 75% Global Worthiness
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Louisiana Implements Sweeping Tax Reform: $1.3 Billion in Cuts, Sales Tax Hike

Louisiana Governor Jeff Landry signed a bipartisan tax reform package into law, cutting income and corporate taxes while raising the state sales tax to fund the changes and redirecting $280 million from infrastructure projects. The plan will provide $1.3 billion in income tax cuts but has drawn crit...

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56% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Spain to Raise Minimum Wage, but Not Income Tax, Forcing Workers to Pay Taxes

The Spanish government plans to raise the minimum wage by €39-€50 per month in 2025 to €1173-€1184, but unlike in previous years, won't adjust income tax, forcing minimum wage earners to pay income tax for the first time, resulting in them losing 42% of the raise to taxes.

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44% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 65% Global Worthiness
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2025 Tax Bracket Increase: Higher Take-Home Pay, but Inflation Remains a Factor

The IRS raised 2025 federal income tax brackets by about 2.8%, potentially increasing take-home pay for those with unchanged wages; however, this might be offset by persistent inflation in certain sectors.

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32% Bias Score

Reduced Inequality
zeit.de
🌐 75% Global Worthiness
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German Bundestag Agrees on Income Tax Relief and Child Benefit Increase

Germany's Bundestag is set to approve a bill before elections to adjust income tax brackets to counter inflation and raise child benefit by €5 to €255, pending Bundesrat approval, after negotiations involving the FDP, SPD, and Greens.

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36% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Scottish Budget 2024: Higher Taxes for Thousands, Increased Benefits Spending

The 2024 Scottish Budget freezes higher income tax thresholds, impacting tens of thousands of taxpayers, while increasing benefits spending by £800 million and potentially allowing for unlimited council tax increases; the budget also includes a 40% business rates relief for hospitality but excludes ...

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52% Bias Score

Showing 49 to 56 of 56 results