Tag #Taxation

Showing 49 to 60 of 276 results

forbes.com
🌐 75% Global Worthiness
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OBBBA Provides Tax Deduction for Seniors, Highlights Tax Disparity for NRAs

The One Big Beautiful Bill Act (OBBBA), signed July 4, 2025, introduces a temporary tax deduction of up to \$6,000 (\$12,000 jointly) for taxpayers aged 65 or older, from 2025-2028, reducing taxable income but not eliminating taxes on Social Security benefits; this contrasts with the 30% withholding...

Progress

48% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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EU Concedes to US Trade Pressure, Raising Concerns About Long-Term Economic and Political Influence

The European Union made significant concessions to the United States to avoid trade protectionism, including forgoing revenue from the "Google tax" and accepting the US's withdrawal from a global minimum corporate tax agreement, highlighting a pattern of deference towards the US that has long-term e...

Progress

56% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Spain to Reform Autonomous Community Financing Model

A 2024 agreement between ERC and PSC initiates a new financing model for Spain's autonomous communities, aiming to correct funding issues and establish a more federal system by redistributing tax bases and progressively transferring IRPF management to regions.

Progress

16% Bias Score

Reduced Inequality
mk.ru
🌐 75% Global Worthiness
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Russia Raises Minimum Wage to 27,093 Rubles in 2025

Russia raised its minimum wage to 27,093 rubles in 2025, aiming for 35,000 by 2030 to combat poverty, increase tax revenue, and stimulate domestic demand, despite concerns about inflation and challenges for small businesses.

Progress

36% Bias Score

No Poverty
elmundo.es
🌐 65% Global Worthiness
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Spain Updates Tobacco Prices in Late July 2025

Spain announced new tobacco prices in late July 2025, impacting various brands, as published in the Official State Gazette (BOE); prices reflect a trend of increasing taxes to curb consumption and raise revenue.

Progress

28% Bias Score

Good Health and Well-being
dailymail.co.uk
🌐 85% Global Worthiness
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UK Private School Closures Due to VAT Hike

Britain's 20% VAT increase on private school fees has caused over 30 independent schools to announce closures, displacing at least 3,350 students and potentially costing taxpayers \pounds26.5 million, challenging the policy's intended benefits for state education.

Progress

64% Bias Score

Quality Education
dailymail.co.uk
🌐 90% Global Worthiness
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Rayner Announces Sweeping Tax Hikes to Avoid Austerity

UK Prime Minister Angela Rayner announced unprecedented tax increases on high earners, substantial bank accounts, and property values to fund public services and avoid austerity measures, following a financial crisis triggered by previous government policies and a loss of investor confidence.

Progress

60% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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IMF Warns of Drastic UK Spending Cuts Unless Taxes Rise

The IMF warns that UK Chancellor Rachel Reeves must raise taxes or cut spending drastically to address a £30 billion budget deficit, potentially impacting pensions and NHS services; this follows the government's recent policy reversal on benefit reforms.

Progress

52% Bias Score

Reduced Inequality
fr.allafrica.com
🌐 75% Global Worthiness
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Mauritius' Finance Bill 2025-26: Pension Reform, Tax Hikes, and Digital Modernization

Mauritius' Finance (Miscellaneous Provisions) Bill 2025-26, presented July 25th, raises the retirement age to 65 with a Rs 10,000 monthly support, introduces a 15% tax on incomes over Rs 12 million and a 5% surtax on corporate profits over Rs 24 million, and modernizes digital commerce and administr...

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Chancellor Considers Pension Tax Relief Cuts Amid Budget Crisis

Facing a £30 billion budget shortfall, UK Chancellor Rachel Reeves is considering reducing pension tax relief as an alternative to a wealth tax, which faces internal opposition, despite backbench pressure; this could raise £15 billion but may negatively impact retirement savings.

Progress

52% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK to Sell Confiscated Bitcoin to Fund Spending

The UK government plans to sell over £5 billion worth of bitcoin seized from criminals to fund public spending, potentially alleviating pressure to raise taxes; this follows plans to develop a system for regular sales of confiscated cryptocurrencies.

Progress

36% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Brazil Debates Taxing its Ultra-Wealthy Amid Global Inequality Concerns

Brazil is debating ways to increase taxes on its ultra-wealthy, with proposals ranging from raising income tax rates and a minimum tax on high earners to implementing a wealth tax, mirroring global discussions on wealth inequality and tax fairness, although international consensus remains elusive.

Progress

36% Bias Score

Reduced Inequality

Showing 49 to 60 of 276 results