Tag #Tax Reform

Showing 133 to 144 of 200 results

europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China to Reform Individual Income Tax System for Greater Fairness

China's government announced plans to better regulate tax breaks and reform its individual income tax (IIT) system, aiming to unify labor income taxation, potentially including business income, and adjust deductions for childbirth, childrearing, and education, to promote social fairness and economic...

Progress

40% Bias Score

Reduced Inequality
foxnews.com
🌐 85% Global Worthiness
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House Republicans Propose Tax Cuts to Boost U.S. Economy

House Republicans plan to cut the corporate tax rate to 15% and increase the small business tax deduction to 25%, aiming to boost the U.S. economy, based on the projected positive impact of similar measures in 2018. The plan also includes $2 trillion in spending cuts to address the increased federal...

Progress

64% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 75% Global Worthiness
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Dutch Coalition Faces Budget Crisis Amidst Conflicting Priorities

The Dutch coalition faces a €1.2 billion budget shortfall due to a cancelled VAT increase, further complicated by unmet climate targets, nitrogen crisis costs, and pressure to increase defense spending. Differing priorities among coalition parties create significant obstacles in finalizing the sprin...

Progress

44% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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Greece Releases Updated Tax Form E1 with Significant Changes for 2024

Over 6.6 million Greek taxpayers face the annual tax deadline with a revised E1 form including tax breaks for reopened/rented properties, shifted rentals, tips, and reduced imputed income for professionals, while the business tax is abolished. Taxpayers with a payable balance can pay in 8 installmen...

Progress

0% Bias Score

Reduced Inequality
azatutyun.am
🌐 75% Global Worthiness
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Armenia Partially Reverses Turnover Tax Hike After Protests

The Armenian government announced a temporary reversal of a turnover tax increase, refunding excess tax paid by businesses in the first half of 2024 after protests. The government will reimburse the difference between the 5 percent tax and the amount actually paid, creating a six-month transition pe...

Progress

44% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Henry Accuses Australian Governments of "Wilful Acts of Bastardry" Over Tax System

Ken Henry, former Treasury head, accuses Australian governments of "wilful acts of bastardry" for creating a tax system that harms young people and future generations, breaching budget honesty rules and favoring vested interests.

Progress

48% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China to Reform Individual Income Tax System for Greater Equity

China's government plans to better regulate tax breaks and reform its individual income tax (IIT) system, aiming for a more equitable tax structure by unifying labor income taxation and standardizing policies across business, capital, and property income, addressing current tax disparities.

Progress

40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Carney's Fiscal Plan: Potential Improvements, but Risks Remain

Mark Carney's fiscal plan, while promising spending review and a capped federal workforce, proposes a split budget that could mask deficits through recategorization, potentially jeopardizing transparency and repeating past fiscal failures.

Progress

60% Bias Score

Reduced Inequality
lefigaro.fr
🌐 75% Global Worthiness
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France to Adjust Wealth Tax to Combat Tax Optimization

The French government plans to adjust its taxation of high net worth individuals by introducing a system ensuring total taxes paid reach at least 0.5% of net worth (excluding professional assets), aiming to counter tax optimization; this replaces a previous system deemed insufficient and rejects a p...

Progress

44% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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Catalonia Implements Tax Reform to Curb Real Estate Speculation

The Catalan Government and the Comuns party agreed on a tax reform to combat real estate speculation, including new ITP tax brackets, a 20% tax on large property owners, and a doubled tourist tax with 25% allocated to housing; this needs parliamentary approval.

Progress

40% Bias Score

Reduced Inequality
apnews.com
🌐 75% Global Worthiness
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Mississippi Senate Advances Tax Cut Bill

The Mississippi Senate Finance Committee approved a bill to lower the state income tax to 2.99% over four years, cut the grocery sales tax to 5% by July 2026, and raise the gasoline tax by 3 cents annually for the next three years, creating a net tax cut of $326 million.

Progress

32% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Trump's IRS Overhaul: Budget Cuts and Staffing Reductions Spark Taxpayer Uncertainty

President Trump's proposed cuts to the IRS budget and staff threaten to slow tax return processing and reduce audits of wealthy individuals, creating uncertainty for taxpayers and potentially impacting tax revenue.

Progress

40% Bias Score

Reduced Inequality

Showing 133 to 144 of 200 results