Tag #Taxation

Showing 85 to 96 of 276 results

kathimerini.gr
🌐 75% Global Worthiness
News related image

Spain's Inflation-Fighting Strategy Criticized by EU

From 2021-2024, Spain reduced VAT on essential goods and energy to combat inflation, a policy debated in Greece. The European Commission criticized Spain for reduced tax revenue and increased income inequality, while Greece opted for targeted subsidies to vulnerable groups.

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
News related image

Majority of Millionaires in G20 Support Wealth Tax

A survey by Patriotic Millionaires UK shows that a majority of millionaires in G20 countries support a 2% tax on wealth; 58% of more than 2,000 respondents said that millionaires with a wealth of more than \$10 million should pay the tax, while 75% supported taxing billionaires.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
News related image

Nato's Spending Demand Forces UK to Face £40 Billion Funding Gap

Nato's demand for increased defense spending to 3.5 percent of GDP by 2035 will cost Britain an additional £40 billion annually, forcing potential tax hikes and cuts to welfare programs, according to experts and military sources.

Progress

60% Bias Score

Reduced Inequality
euronews.com
🌐 85% Global Worthiness
News related image

Seven European Countries See Drop in Real Post-Tax Income in 2024

In seven European countries (Italy, Estonia, Czechia, France, Greece, Belgium, and Spain), the average single worker's real post-tax income decreased in 2024 due to rising personal average tax rates exceeding real wage growth; this is attributed to increased social security contributions and the rem...

Progress

44% Bias Score

Reduced Inequality
pda.kp.ru
🌐 75% Global Worthiness
News related image

Russia Debates Total Vaping Ban Amidst Regulatory Efforts

Russia's Minister of Industry and Trade proposed a total ban on vaping, despite a 2023 initiative to regulate the market through digital marking and minimum pricing, which generated 11.2 billion rubles in 2024 taxes, while 9.5% of Russian adults use electronic nicotine delivery systems.

Progress

36% Bias Score

Good Health and Well-being
dailymail.co.uk
🌐 85% Global Worthiness
News related image

UK Labour's Tax-and-Spend Policies Fuel Economic Decline

The UK Labour government's recent budget, including a £40 billion tax increase and increased public spending, has negatively impacted economic growth, investor confidence, and caused a flight of wealth and talent from the UK, leading to a projected anemic 0.3% growth this year.

Progress

72% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
News related image

SALT Deduction Debate Exposes Conflicting Views on Government Spending

The debate over the SALT deduction exposes conflicting views on government spending's economic impact: blue states favor full deductibility believing it boosts their economies, while red states oppose it, fearing it subsidizes excessive blue state spending and harms federal tax revenue.

Progress

72% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
News related image

Controversial Provisions in Kenya's 2025 Budget Spark Public Debate

Kenya's proposed Ksh 4.356 trillion ($33.6 billion) 2025/2026 budget sparks controversy over provisions granting the KRA broad access to personal data, expanding VAT to previously exempted goods, and altering income tax regulations, prompting public debate and concern.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
News related image

UK Faces 1976-Style Financial Crisis Amid Rising Defense Spending

The UK faces a major financial crisis driven by rising defense spending, potentially reaching 3.5 percent of GDP, forcing difficult choices between national security and social welfare programs.

Progress

64% Bias Score

Reduced Inequality
de.euronews.com
🌐 75% Global Worthiness
News related image

EU Real Net Income: 2024 Report Highlights Disparities

A 2024 OECD report reveals that seven EU countries experienced a decrease in real net income due to higher tax rates exceeding real wage growth, while Germany saw a slight increase; this is partly attributed to 'bracket creep', where inflation pushes people into higher tax brackets.

Progress

24% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

Australia's Gas Project Extension Draws Criticism for Low Tax Revenue

Australia extended the Woodside Energy-operated NW Shelf gas project's license to 2070, despite criticism that it yields minimal tax revenue for the government; in 2022-23, Woodside paid only \$175m in PRRT from the project, while Australia exported nearly \$70bn worth of LNG.

Progress

64% Bias Score

dailymail.co.uk
🌐 85% Global Worthiness
News related image

Farage's £85 Billion Spending Plan Faces Scrutiny

Nigel Farage's Reform UK proposed an £85 billion spending plan, including scrapping the two-child benefit cap and raising the tax-free income allowance to £20,000, funded by cuts to Net Zero, asylum spending, DEI initiatives, and quango bureaucracy; experts dispute the feasibility, and Farage refuse...

Progress

64% Bias Score

No Poverty

Showing 85 to 96 of 276 results