Tag #Tax Policy

elpais.com
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PP Unveils Regional Housing Plan with ITP Tax Cut

PP regional presidents and Alberto Núñez Feijóo met in Asturias to finalize the "Asturias Declaration," a 12-page document proposing tax cuts (reducing ITP to 4% for young homebuyers), land liberalization, and anti-occupation measures to address Spain's housing crisis.

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52% Bias Score

Reduced Inequality
us.cnn.com
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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
forbes.com
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Trump Urges Single Bill for Border, Energy, and Tax Policies Amidst GOP Divisions

President-elect Donald Trump urged Congress to pass a single bill covering border security, energy, and tax policies, facing opposition from some Republicans who prefer a two-step approach, highlighting the challenges of passing legislation with a slim majority and internal party divisions.

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48% Bias Score

Reduced Inequality
t24.com.tr
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Turkish Union Protests Tax Injustice, Minimum Wage

In İzmir, Turkey, DİSK union members protested the new minimum wage (22,104 TL) and tax policies they deem unfair, with representative Memiş Sarı calling for tax justice and higher minimum wages to combat rising inflation and income inequality.

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44% Bias Score

Reduced Inequality
elpais.com
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Spanish Government Navigates Narrow Legislative Victories Amidst Internal Divisions

The Spanish government passed a justice reform bill and a tax package, but opposition parties repealed a tax on large energy companies, highlighting challenges in forging a unified tax policy within the ruling coalition.

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48% Bias Score

Reduced Inequality
forbes.com
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SECURE Act 3.0: Potential Retirement Plan Changes and Tax Implications

Congress is considering SECURE Act 3.0, a potential follow-up to retirement plan reforms enacted in 2019 and 2022, which will likely necessitate offsetting tax increases to help fund the extension of provisions of the 2017 Tax Cuts and Jobs Act and other government spending, impacting millions of ta...

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44% Bias Score

Reduced Inequality
forbes.com
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Trump Considers Raising SALT Cap, Adding \$225 Billion to National Debt

President-elect Trump may raise the SALT deduction cap to \$20,000 for married couples filing jointly, increasing the federal debt by \$225 billion from 2025-2034, primarily benefiting households making \$200,000 or more, according to a Tax Policy Center analysis.

Progress

44% Bias Score

Reduced Inequality
theglobeandmail.com
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Unpassed Capital Gains Tax Rules Create Uncertainty for Canadian Taxpayers Amidst Economic Recession

Canada's proposed capital gains tax increase, though not passed into law, is being enforced by the CRA, creating uncertainty for taxpayers and potentially harming the economy as it faces six consecutive quarters of declining real GDP per capita. The political instability adds to the complexity.

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60% Bias Score

Decent Work and Economic Growth
cbsnews.com
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Nine US States Cut Income Taxes in 2025

Nine US states—Indiana, Iowa, Louisiana, Mississippi, Missouri, Nebraska, New Mexico, North Carolina, and West Virginia—will reduce individual income tax rates starting January 1, 2025, impacting millions of taxpayers, with variations in savings based on income and state.

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44% Bias Score

Reduced Inequality
themarker.com
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2025 Israeli Budget: Impact on Household Finances

The 2025 Israeli budget includes increased national insurance, canceled income tax updates, a 2.29% public sector salary cut, and VAT increases, affecting household finances starting February 2025, with varying impacts based on income and spending.

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44% Bias Score

Reduced Inequality
taz.de
🌐 75% Global Worthiness
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FDP Election Platform Prioritizes Tax Cuts, Stricter Immigration, Delayed Climate Action

The FDP's German election platform prioritizes economic growth through tax cuts for high earners, stricter immigration, and delaying climate action and abortion access reforms, despite holding sufficient votes for the latter.

Progress

60% Bias Score

Reduced Inequality
theguardian.com
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Australia's Myefo Report Shows Increased Budget Deficit Projections

Australia's mid-year economic and fiscal outlook (Myefo) reveals slightly larger budget deficits over the next three years than initially projected, primarily due to lower-than-expected company tax revenue from mining exports, highlighting the volatility of revenue streams and the need for broader f...

Progress

52% Bias Score

Reduced Inequality