Tag #Tax Increases

Showing 1 to 12 of 18 results

theguardian.com
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UK Economy Stagnates in July, Raising Concerns Ahead of Budget

The UK economy saw zero growth in July, a slowdown from June's 0.4% growth, raising concerns about Labour's economic plans and the upcoming budget.

Progress

40% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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Germany Considers Tax Hikes for Wealthy to Address €30 Billion Budget Deficit

German Finance Minister Lars Klingbeil is considering higher taxes on high earners to address a €30 billion budget shortfall in 2027, despite opposition from coalition partner CSU, whose prior policies contributed to the deficit.

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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UK Faces £40 Billion Budget Black Hole, Forcing Tax Hike Consideration

Chancellor Rachel Reeves faces a £40 billion budget deficit, prompting consideration of income tax hikes, VAT increases, or National Insurance reversals, each with potential economic and political ramifications.

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52% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Reeves Announces Further Tax Hikes Amidst Budget Crisis

Facing a £30 billion budget shortfall, Chancellor Rachel Reeves will raise taxes in the autumn budget, despite prior promises, due to the abandonment of welfare reforms, triggering potential political and economic consequences.

Progress

80% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Faces 'Tax Bomb' After Labour's Welfare U-turn

The UK government faces a "tax bomb" this autumn due to a £5 billion shortfall caused by Labour's reversal on disability benefit cuts, leaving limited options for meeting fiscal rules and potentially necessitating tax increases.

Progress

60% Bias Score

No Poverty
dutchnews.nl
🌐 75% Global Worthiness
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Dutch Government Announces Austerity Budget

The Dutch government announced a budget with increased taxes on assets, soft drinks, and dairy products, reduced unemployment benefits, and cuts to ministry budgets to fund new initiatives while maintaining a 3% budget deficit; however, this leaves little room for economic downturn.

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36% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Russia

Russia's August 2025 budget deficit shrank by 686 billion rubles to 4.19 trillion rubles, exceeding the annual plan of 3.8 trillion rubles, primarily due to lower-than-expected oil export revenues resulting from decreased global oil prices and a stronger ruble.

Progress

16% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Labour Government Plans Major Tax Increases Amidst Growing Fiscal Deficit

The UK Labour government is planning significant tax increases in the upcoming autumn Budget to address a large fiscal deficit, estimated to be around £50 billion, resulting from increased spending and slow economic growth under the current administration.

Progress

64% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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UK Faces £41.2 Billion Budget Deficit, Forcing Tax Hikes

The UK faces a £41.2 billion budget deficit, prompting Chancellor Rachel Reeves to consider tax increases to meet fiscal targets, according to the National Institute of Economic and Social Research (NIESR).

Progress

44% Bias Score

Reduced Inequality
news.sky.com
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UK Welfare Bill U-Turn Creates £5.5bn Budget Shortfall, Hints at Tax Rises

The UK government's revised welfare bill, after significant concessions, now presents a £5.5bn budget shortfall, prompting Chancellor Rachel Reeves to indicate potential tax increases this autumn.

Progress

64% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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UK Government's Welfare Bill Passes After Major PIP Cuts U-Turn

The UK government's welfare bill passed its second reading after removing planned £5 billion cuts to personal independence payments (PIP), leading to internal party rebellion and potential future tax increases.

Progress

48% Bias Score

No Poverty
nos.nl
🌐 75% Global Worthiness
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Dutch Budget Cuts Healthcare, Delays Infrastructure

The Dutch government will increase income tax to avoid raising VAT on cultural goods, while delaying investments and cutting healthcare spending by €600 million next year; funds for the Lelylijn railway are redirected to other projects.

Progress

48% Bias Score

Reduced Inequality

Showing 1 to 12 of 18 results