Tag #Tax Reform

cbsnews.com
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Trump Nominates Auctioneer Billy Long to Lead IRS

President-elect Trump nominated former Missouri Congressman Billy Long, a real estate businessman and auctioneer, to head the IRS, a move praised by conservatives but criticized by Democrats who point to his limited tax experience compared to current commissioner Danny Werfel.

Progress

40% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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\$1.7 Billion in Unpaid Child Support Prompts Call for Tax Office Intervention

A parliamentary committee report found \$1.7 billion in unpaid Australian child support, impacting 975,000 children, and recommends transferring responsibilities to the Australian Tax Office for improved enforcement and to address financial abuse costing \$5.7 billion annually.

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68% Bias Score

nrc.nl
🌐 75% Global Worthiness
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Dutch Council of State Critiques Box 3 Tax Overhaul, Citing Implementation Challenges

The Dutch Council of State criticized the planned overhaul of the Netherlands' box 3 wealth tax, citing implementation problems and complexity, potentially delaying its introduction to 2028 and costing the treasury €2 billion annually; the current system was deemed discriminatory by the Supreme Cour...

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44% Bias Score

lemonde.fr
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French PER Retirement Plan Criticized for Tax Loopholes, Proposed Reforms Target Equity

A French parliamentary report reveals that the retirement savings plan (PER) disproportionately benefits high-income earners while neglecting low-income households; proposed reforms include age limits on subscriptions and mandatory collective PERs in larger companies.

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48% Bias Score

Reduced Inequality
elpais.com
🌐 45% Global Worthiness
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IEE Criticizes Spain's Tax Reform

The Instituto de Estudios Económicos (IEE) criticizes Spain's planned tax reform, warning of negative effects on investment and competitiveness.

Progress

44% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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Nigeria's Proposed Tax Reforms: 800,000 Naira Income Bracket Exempted

President Bola Tinubu's proposed tax reforms in Nigeria will eliminate taxes for those earning less than 800,000 Naira annually, while increasing rates for higher earners; the bills are currently under consideration by the Senate.

Progress

44% Bias Score

Reduced Inequality
dutchnews.nl
🌐 75% Global Worthiness
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Dutch Council of State Rejects Box 3 Tax System Overhaul

The Dutch Council of State rejected the government's revised Box 3 tax system for savings and investments due to complexity, administrative burdens on 1.6 million taxpayers, and potential negative impacts on tax office services; implementation is delayed beyond 2028.

Progress

36% Bias Score

Reduced Inequality
lemonde.fr
🌐 75% Global Worthiness
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French Inheritance Tax Debate: Amendment Sparks Calls for System Reform

A French parliamentary amendment sparked controversy by proposing to align life insurance taxation with inheritance taxes, prompting a debate about the fairness and economic impact of the French inheritance tax system, which lacks updated statistics since 2006, raising concerns about informed policy...

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44% Bias Score

Reduced Inequality
elpais.com
🌐 65% Global Worthiness
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Spain Averts Political Crisis with Tax Deal

A political deal in Spain secures a tax reform, including a levy on large energy companies, which was a critical step for the government to avoid collapse.

Progress

40% Bias Score

Reduced Inequality
lexpress.fr
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The Housing Tax Fiasco in France

Analysis of the economic and political ramifications of abolishing France's housing tax, and proposed solutions for more efficient local government funding.

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0% Bias Score