Tag #Tax Reform

jpost.com
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Israel Increases Taxes on High Earners in 2025 Budget

Israel's 2025 budget increased taxes on high earners, adding a 2% surtax on capital gains exceeding NIS 721,560 and expanding an existing 3% surtax, impacting high-income individuals and raising concerns about tax collection mechanisms, particularly regarding real estate sales.

Progress

36% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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German Economy Stagnates Amidst Policy Uncertainty and High Costs

Germany's GDP fell 0.2% in 2024 and 0.3% in 2023 due to high energy costs, a shortage of skilled workers, high taxes, and uncertainty surrounding the new heating law, prompting concerns about the nation's economic future.

Progress

52% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Capital Gains Tax Cut Urged to Boost Economy and Increase Revenue

This article advocates for a significant reduction in the capital gains tax rate, arguing that the current rate of almost 24% stifles economic growth and investment. It cites historical examples where tax cuts led to increased revenue and suggests the elimination of the tax would be optimal.

Progress

56% Bias Score

Reduced Inequality
foxnews.com
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Nevada Senator to Collaborate with Trump on Economic Relief, but Opposes Tariffs

Nevada Senator [Senator's Name] was reelected in November, alongside Donald Trump's presidential win, with the high cost of living a central campaign issue; the Senator expresses willingness to collaborate with Trump on solutions like ending taxes on tips and expanding the Child Tax Credit, but oppo...

Progress

44% Bias Score

No Poverty
apnews.com
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Mississippi House Passes Bill Phasing Out Income Tax, Raising Sales and Gas Taxes

The Mississippi House passed a bipartisan bill (HB 1) phasing out the state income tax over 10 years while raising sales taxes by 1.5% and implementing a 5% gasoline tax to fund infrastructure; this plan also gradually lowers the grocery tax from 7% to 2.5% over 10 years and is projected to cut $1.1...

Progress

36% Bias Score

Reduced Inequality
kathimerini.gr
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Greek Tax Cuts in 2026 Tied to Tax Evasion Crackdown

The Greek government plans tax cuts for 2026, contingent upon generating €3.2 billion over two years by cracking down on tax evasion through measures like myDATA and electronic invoicing; this revenue will finance the tax reductions.

Progress

36% Bias Score

Reduced Inequality
dailymail.co.uk
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UK Inheritance Tax Expansion to Pension Death Benefits in 2027

Starting April 2027, UK inheritance tax will extend to most pension death benefits, impacting inheritance plans for many families; exceptions include spouses and dependent children under 23 or with health-related dependencies; delays in payouts are anticipated.

Progress

52% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Republican Divisions Hamper Federal Tax Reform Timeline

Differing opinions within the Republican party regarding the timing of federal tax reform are creating uncertainty over when Congress will act to prevent the expiration of the 2017 Tax Cuts and Jobs Act (TCJA). The House has a narrow majority and the Senate is divided on whether to address TCJA and ...

Progress

48% Bias Score

Reduced Inequality
faz.net
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Frankfurt's Property Tax Reform: Winners and Losers

Frankfurt's new property tax system, based on a state-mandated calculation, increases taxes for 78,000 residents (46%) and lowers them for 91,000, maintaining the city's overall annual revenue of roughly €220 million; however, many residents are facing increased tax burdens due to the new area-facto...

Progress

36% Bias Score

Reduced Inequality
zeit.de
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Hessen Municipalities Defy State's Property Tax Recommendations, Leading to Significant Increases

Following a nationwide property tax reform in Germany, hundreds of Hessian municipalities increased property taxes beyond state recommendations, with 60 percent exceeding the recommendation by at least 5 percentage points due to financial constraints and disputed calculations, impacting homeowners a...

Progress

56% Bias Score

Reduced Inequality
lemonde.fr
🌐 25% Global Worthiness
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France Alters Furnished Rental Tax Laws for 2025

France's 2025 tax law changes affect furnished rental income; short-term rentals under €15,000 now have a 30% tax reduction, while others under €77,700 retain a 50% reduction, impacting property owners' tax burdens.

Progress

8% Bias Score

Reduced Inequality
zeit.de
🌐 75% Global Worthiness
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CDU's "2030 Agenda" Aims for Economic Growth Ahead of German Election

Facing stagnant poll numbers, CDU's Friedrich Merz unveiled a "2030 Agenda" for 2 percent economic growth, proposing tax cuts, labor market flexibility, and lower energy prices, drawing parallels to Schröder's "Agenda 2010" but facing criticism from labor unions.

Progress

44% Bias Score

Decent Work and Economic Growth