Tag #Taxes

Showing 25 to 36 of 149 results

abcnews.go.com
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Trump's Shifting Stance on Millionaire Tax Creates GOP Divide

President Trump initially proposed raising taxes on millionaires earning $2.5 million or more, then partially retracted the suggestion due to concerns about political backlash, leaving the decision to Republican lawmakers as they finalize their tax bill. This action reveals internal divisions within...

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cbsnews.com
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Trump's Tariff-Tax Claim: Economists Debunk the Assertion

President Trump asserts that new tariffs, already impacting businesses with increased import duties of 145% (China) and 10% (other nations), will lower or eliminate income taxes for those earning under $200,000; however, economists refute this, citing insufficient revenue generation from tariffs to ...

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elmundo.es
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CaixaBank Q1 2025 Profit Up 46.2%, but Stock Price Falls

CaixaBank announced a €1.470 billion Q1 2025 profit, a 46.2% increase year-on-year (6.9% adjusted for the new bank tax), driven by strong loan growth (62% increase in mortgages) and increased customer resources (8.5% rise); however, the bank's stock price fell 5.5% following the announcement.

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forbes.com
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Trump's Tariff Tax Swap: Economic Flaw and Political Distraction

President Trump's plan to replace income taxes with tariffs for those earning less than $200,000 is economically unfeasible, disproportionately harming lower- and middle-income individuals and potentially recreating historical economic instability.

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cnn.com
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IRS-DHS Data Sharing Agreement Sparks Fear, Legal Challenges Among Undocumented Immigrants

A new data-sharing agreement between the IRS and DHS allows the agency to use tax information to enforce immigration laws, causing fear and uncertainty among undocumented immigrants who have historically been encouraged to pay US taxes; the move has prompted legal challenges and is expected to cause...

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faz.net
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German Taxpayers Face Increased Burdens Due to Social Policy Proposals

Germany faces rising tax and contribution burdens due to the Union and SPD's social policies, with social security contributions projected to increase to almost 46 percent of income by the next few years, driven by rising healthcare costs and pension commitments.

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forbes.com
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Proposed Tax Hike on Carried Interest Could Discourage Private Equity Investment

President Trump and House Republicans are considering raising taxes on carried interest, a performance-based fee for private equity managers, potentially discouraging investment in struggling businesses and impacting economic activity.

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cbsnews.com
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Cape Cod Bridge Tolls Rejected Amidst Fiscal Crisis

A proposal to add tolls to Cape Cod bridges to address the region's financial crisis, caused by rising costs and loss of federal funding, was immediately rejected by Massport and Governor Maura Healey.

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dailymail.co.uk
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Frozen Tax Thresholds to Increase UK Families Facing Child Benefit Tax by 50,000 by 2028

By 2028, an additional 50,000 UK families will face higher taxes due to frozen income tax thresholds and rising wages pushing them into the high-income child benefit charge (HICBC), increasing total affected families to 376,000 and generating an extra £116 million in tax revenue, despite a previous ...

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kathimerini.gr
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Greek Court Challenges Short-Term Rental Property Tax

The Greek Council of State's Second Section preliminarily ruled against a 2025 tax regulation requiring a trade tax on each short-term rental property managed by a company, potentially reversing a significant cost increase for the sector following a lawsuit by the Stama association.

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dailymail.co.uk
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UK Job Market Slowdown as Payroll Numbers and Vacancies Fall

UK payroll employment fell by 78,000 to 30.3 million in March 2023, and vacancies dropped by 26,000 to 781,000—below pre-pandemic levels—amid concerns over a looming tax increase and economic slowdown.

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welt.de
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Germany's New Government Faces Looming Financial Crisis

Germany's new coalition government faces significant financial challenges, with the Institute of German Economy (IW) projecting social security contributions to rise to almost 46 percent of income due to rising healthcare costs and depleted health insurance reserves, potentially impacting economic g...

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Showing 25 to 36 of 149 results