Tag #Us Tax Policy

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kathimerini.gr
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US Exempted from Global Minimum Tax, Raising Concerns about Fair Implementation

The US negotiated an exemption from the OECD's Pillar II global minimum tax, repealing a provision targeting harmful foreign tax practices in return; this raises concerns about the framework's uneven implementation and potential for future exceptions.

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40% Bias Score

Reduced Inequality
theglobeandmail.com
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U.S. Tax Bill Threatens Canadian Investors

Proposed U.S. tax legislation (section 899) threatens to significantly increase U.S. foreign withholding taxes on dividends received by Canadian investors holding U.S. securities, impacting both registered and non-registered accounts, while the broader policy shift raises concerns about weaponizing ...

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56% Bias Score

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dw.com
🌐 85% Global Worthiness
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US Remittance Tax Proposal Sparks Outrage in Latin America

A US Republican proposal to impose a 5% tax on remittances sent from the US to Latin America, potentially impacting $160.9 billion in 2024, is facing strong opposition from Mexico and other recipient countries due to the significant socio-economic impact on millions of families and the potential for...

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48% Bias Score

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forbes.com
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Trump's IRS Overhaul: Budget Cuts and Staffing Reductions Spark Taxpayer Uncertainty

President Trump's proposed cuts to the IRS budget and staff threaten to slow tax return processing and reduce audits of wealthy individuals, creating uncertainty for taxpayers and potentially impacting tax revenue.

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40% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Contrasting State Tax Policies: Cuts in Georgia and Kansas, Hikes in Maryland and Illinois

On July 1st, 2025, several states implemented significant tax policy changes, with Georgia and Kansas cutting income taxes while Maryland and Illinois enacted retroactive increases; these changes follow the federal "One Big Beautiful Bill Act", preventing federal tax hikes for most households.

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52% Bias Score

Reduced Inequality
smh.com.au
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US Tax Bill Threatens Australian Investors

A proposed US tax bill, currently before the Senate, could impose a tax increase up to 20 percent on foreign entities from countries with policies deemed discriminatory by the US government, alarming Australian investors in New York who could face significant financial penalties.

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48% Bias Score

Reduced Inequality
foxnews.com
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Former Trump Aide Opposes Tax Hikes on Wealthy Americans

Marc Short, former Trump administration aide, opposes proposed tax increases on high-income earners, arguing it would harm job creation and small businesses, contrasting it with the 2017 Tax Cuts and Jobs Act, while conservative groups express similar concerns.

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64% Bias Score

Reduced Inequality

Showing 1 to 7 of 7 results