Tag #Taxes

cnn.com
🌐 85% Global Worthiness
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Trump's Four-Step Economic Plan: Tax Cuts, Tariffs, and the Fight Against Inflation

President Trump unveiled a four-step economic plan: lowering corporate taxes to 15%, imposing tariffs on foreign goods, reducing energy costs through OPEC negotiation and increased US production, and lowering interest rates. He claims this will stimulate economic growth, reduce inflation, and reduce...

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Multiple Private School Closures in England Due to Labour's Tax Policy

Labour's increased VAT on private school fees and removal of business rates relief are forcing multiple school closures across England, including Maidwell Hall, Loughborough Amherst, Godolphin Prep, and Immanuel College Prep, prompting a significant shift of students towards the state sector and leg...

Progress

48% Bias Score

Quality Education
forbes.com
🌐 75% Global Worthiness
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2025 Crypto Tax Season: Forms, Reporting, and Future Changes

The 2025 tax season for cryptocurrency begins January 27th, requiring reporting of income via Form 1099-MISC (staking rewards over $600) and Form 1099-B/1099-DA (crypto trades), with many platforms providing only transaction history reports, necessitating specialized crypto tax software for accurate...

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36% Bias Score

Reduced Inequality
elpais.com
🌐 35% Global Worthiness
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Mexico's UMA Rises 4.21%, Increasing Fines and Taxes

Mexico's Unidad de Medida y Actualización (UMA) increased 4.21% to 113.14 pesos daily in 2025, impacting fines, taxes, and government payments effective February 1st, reflecting the December 2024 inflation rate.

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20% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Social Security Fairness Act Increases Benefits for Millions, but Accelerates Trust Fund Depletion

President Biden signed the Social Security Fairness Act, eliminating benefit reductions for 2.1 million WEP-affected individuals and 770,000 spouses and surviving spouses affected by GPO, resulting in higher monthly checks and retroactive payments, at a cost of $196 billion over ten years.

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44% Bias Score

No Poverty
dailymail.co.uk
🌐 75% Global Worthiness
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Interstate Migration in the US: 2024 Trends

In 2024, Arkansas saw the largest influx of new residents, while Louisiana had the highest outbound migration due to limited job opportunities, high living costs in states like California and New York, high taxes in Illinois, and extreme weather in South Dakota.

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56% Bias Score

No Poverty
it.euronews.com
🌐 85% Global Worthiness
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European Net-to-Gross Income Varies Widely by Family Status

Across 31 European countries, a single person without children receives 68.8% of their average gross annual salary as net income, ranging from 60.1% in Belgium to 85.9% in Cyprus; this significantly increases for families with children due to family benefits and lower taxes.

Progress

20% Bias Score

Reduced Inequality
edition.cnn.com
🌐 85% Global Worthiness
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Trump Cabinet Nominees Face Confirmation Hearings, Previewing Policy Battles

President-elect Trump's Cabinet nominees faced Senate confirmation hearings on Thursday, focusing on his domestic and economic agenda; the hearings previewed upcoming battles over taxes, spending, tariffs, and the environment; nominees are expected to be confirmed.

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36% Bias Score

No Poverty
cnn.com
🌐 75% Global Worthiness
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IRS to Report US Cryptocurrency Transactions Starting 2025

Starting in 2025, US taxpayers using custodial digital asset trading platforms will have their crypto transactions reported to the IRS on Form 1099-DA; decentralized exchange reporting starts in 2027, while cost basis reporting is delayed until 2026; this is a tax compliance mechanism, not a new tax...

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32% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
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UK Grocery Prices to Surge 4.2% Due to Budget Tax Hikes

UK grocery prices are expected to rise by 4.2% in the latter half of 2024 due to budget tax increases, impacting household budgets already strained by rising costs; retailers like Tesco anticipate significant financial effects.

Progress

56% Bias Score

Zero Hunger
t24.com.tr
🌐 75% Global Worthiness
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High Taxes and 'Mali Anestezi' in Turkey Fuel Dissatisfaction

Turkey's 'tevkifat' tax system, where employers withhold taxes before employee payouts, causes widespread dissatisfaction due to the perceived high tax burden stemming from multiple tax layers (income tax, KDV, ÖTV etc.) and a lack of transparency, impacting net income and potentially hindering futu...

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48% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
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Next Price Hike Exacerbates UK Cost of Living Crisis

Next announced a 1% price increase due to a £67 million rise in wage bills from increased employer National Insurance contributions, adding to the rising cost pressures on UK households and businesses, including energy, water, and council tax increases totaling £270 from April.

Progress

40% Bias Score

Reduced Inequality