Tag #Tax Policy

themarker.com
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Israeli Knesset Debates 2025 Budget Amidst Coalition Disputes

The Israeli Knesset is debating the 2025 budget, prioritizing national security funding despite internal coalition disputes, particularly regarding police funding and tax policies, while delaying approval of the 2024 budget update.

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56% Bias Score

Reduced Inequality
zeit.de
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Baden-Württemberg Implements Key Educational and Tax Reforms

Baden-Württemberg is implementing significant educational reforms including a binding elementary school recommendation based on teacher assessment, competency tests, and parental input; a return to a nine-year high school program strengthening STEM subjects and digital literacy; and a new system for...

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44% Bias Score

Quality Education
bbc.com
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Currys to Raise Prices After £32 Million Tax Increase

Currys, facing a £32 million cost increase from recent UK tax changes, will raise prices. The increase includes £12 million from National Insurance and £9 million from the National Living Wage rise, forcing the retailer to cut investment and hiring and potentially increase automation and offshoring,...

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52% Bias Score

Reduced Inequality
elpais.com
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"Laffer Curve's Impact: A Half-Century of Economic Policy Shifts"

"Arthur Laffer's 1974 napkin sketch outlining a relationship between tax rates and government revenue influenced decades of conservative economic policy, although its practical application has yielded mixed results."

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48% Bias Score

Reduced Inequality
bbc.com
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UK Government's £70bn Spending Increase Funded by Business-Focused Tax Rises

The UK government implemented a near-£70bn public spending increase funded by tax rises, mainly affecting businesses through National Insurance, capital gains tax, and inheritance tax freezes; despite criticism, the Office for Budget Responsibility forecasts minimal long-term GDP change.

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36% Bias Score

Reduced Inequality
dailymail.co.uk
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Reeves Backtracks on Tax Pledge After Record-Breaking Labour Budget

Shadow Chancellor Rachel Reeves initially ruled out further tax rises but later refused to repeat this pledge, creating uncertainty following Labour's record-breaking £40 billion tax-raising budget, which has already faced business backlash.

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56% Bias Score

lexpress.fr
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French Assembly Approves Bill Amid Income Tax Indexation Dispute

The French National Assembly will likely adopt a bill today, despite rejecting amendments to index income tax to inflation due to constitutionality concerns; this could affect 380,000 households, while the government faces pressure to address this in future legislation.

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52% Bias Score

Reduced Inequality
nbcnews.com
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SALT Deduction Dispute Threatens GOP Tax Law Extension

House Republicans from high-tax states are demanding an increase to the federal SALT deduction to support extending the 2017 tax law, creating tension within the GOP due to their narrow majority and differing views on the financial and political ramifications.

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56% Bias Score

Reduced Inequality
dailymail.co.uk
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UK Business Confidence Collapses After Reeves' Tax Hikes

Rachel Reeves' October Budget tax increases caused UK business optimism to plummet to a two-year low in November, triggering decreased hiring and economic output shrinkage, as reported by BDO and the REC.

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72% Bias Score

Decent Work and Economic Growth
cnbc.com
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"Trump Nominates Billy Long to Lead IRS, Sparking Controversy"

"President-elect Donald Trump nominated former Missouri Congressman Billy Long to lead the IRS, sparking mixed reactions due to Long's past involvement in the employee retention tax credit industry and potential conflicts of interest; the $80 billion in recent IRS funding is also at risk."

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32% Bias Score

Reduced Inequality
kathimerini.gr
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"Greece's Corporate Tax System: A High Price for Small Businesses and Economic Growth"

"Greece's high corporate tax rate (22%), coupled with a 5% dividend tax, disproportionately affects small businesses that often blend personal and business finances, hindering growth and creating a debate over tax fairness and its influence on economic development."

Progress

52% Bias Score

Decent Work and Economic Growth
bbc.com
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Chancellor Rules Out Further Tax Increases to Fund Public Spending

Chancellor Rachel Reeves confirmed that no further tax increases are planned to fund public services, despite previous political pressure and criticism from the Conservatives, stating that Labour's budget will stabilize public finances; however, she acknowledged that unforeseen economic shocks could...

Progress

52% Bias Score