Tag #Tax Increases

Showing 13 to 18 of 18 results

abcnews.go.com
🌐 65% Global Worthiness
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Maryland Closes $3.3 Billion Budget Gap with Spending Cuts and Tax Increases

Maryland lawmakers addressed a $3.3 billion budget shortfall by implementing spending cuts of approximately $2 billion and tax increases generating roughly $1.6 billion in revenue; new taxes target high-income earners and specific services.

Progress

40% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Budget: £40 Billion Tax Increase Funds NHS, Raises Business Concerns

The UK's autumn budget included £40 billion in tax increases, with £25 billion earmarked for the NHS, resulting in a five-month decline in waiting lists; however, businesses face a £25 billion increase in national insurance contributions, sparking concerns about job losses.

Progress

52% Bias Score

Good Health and Well-being
news.sky.com
🌐 75% Global Worthiness
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UK Budget Triggers Widespread Price Hike Plans, Plunging Business Confidence

A new UK budget has caused more than half of private sector firms to plan price hikes to offset tax increases, resulting in the lowest business confidence since the 2022 mini-budget and threatening further inflation and economic stagnation.

Progress

44% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Trump Tariffs Force UK to Consider Tax Hikes Amidst Trade Deal Negotiations

President Trump's new tariffs have initiated a global trade war, prompting the UK government to consider tax increases and potentially make concessions in trade negotiations to mitigate the negative economic effects, while facing pressure to maintain high standards and diversify trade relationships.

Progress

60% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK Faces Record Redundancy Wave Amidst Collapsing Business Confidence".

A survey reveals UK employers are preparing for the largest redundancy round in a decade due to decreased business confidence and upcoming tax increases, impacting various sectors and potentially leading to increased unemployment and inflation.

Progress

48% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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Spain's 2025 Tax Hikes Trigger Cost of Living Crisis

Starting in 2025, Spain implements new tax policies and removes government subsidies, resulting in increased prices for essential goods (4-10%), electricity (21% VAT), and fuel (diesel tax increase), impacting household budgets and potentially exacerbating economic inequality.

Progress

48% Bias Score

No Poverty

Showing 13 to 18 of 18 results