African Nations Grapple with Debt, Inflation, and Calls for Wealth Tax
Facing a mounting debt crisis and high inflation, African nations are exploring new revenue streams, with wealth taxes gaining traction amidst public protests against consumption tax hikes; however, implementation faces challenges including tracking the assets of the super-rich and political opposit...
African Nations Grapple with Debt, Inflation, and Calls for Wealth Tax
Facing a mounting debt crisis and high inflation, African nations are exploring new revenue streams, with wealth taxes gaining traction amidst public protests against consumption tax hikes; however, implementation faces challenges including tracking the assets of the super-rich and political opposit...
Progress
48% Bias Score
France Plans €30 Billion in Spending Cuts for 2025 Budget
The French government, led by François Bayrou, plans €30 billion in spending cuts for its 2025 budget, avoiding tax increases for middle and lower classes, to reduce the public deficit to 5.4% of GDP and address France's high public debt.
France Plans €30 Billion in Spending Cuts for 2025 Budget
The French government, led by François Bayrou, plans €30 billion in spending cuts for its 2025 budget, avoiding tax increases for middle and lower classes, to reduce the public deficit to 5.4% of GDP and address France's high public debt.
Progress
48% Bias Score
Canada's Top CEOs Earned $13.2 Million on Average in 2023
In 2023, Canada's 100 highest-paid CEOs averaged $13.2 million in compensation, 210 times the average worker's income, down from record highs but still significantly above historical averages; factors include lower 2023 profits and increased worker wages.
Canada's Top CEOs Earned $13.2 Million on Average in 2023
In 2023, Canada's 100 highest-paid CEOs averaged $13.2 million in compensation, 210 times the average worker's income, down from record highs but still significantly above historical averages; factors include lower 2023 profits and increased worker wages.
Progress
60% Bias Score
Habeck Proposes Billionaire Tax for German School Renovations
German Green Party leader Robert Habeck proposed taxing Germany's roughly 250 billionaires to generate €5-6 billion for school renovations, sparking debate about wealth taxation and the challenges of public works projects in Germany.
Habeck Proposes Billionaire Tax for German School Renovations
German Green Party leader Robert Habeck proposed taxing Germany's roughly 250 billionaires to generate €5-6 billion for school renovations, sparking debate about wealth taxation and the challenges of public works projects in Germany.
Progress
44% Bias Score
IG Metall Demands €600 Billion for German Industry
Germany's IG Metall union is demanding €600 billion in public infrastructure investment, a wealth tax, and industrial aid to secure eight million jobs and modernize the industrial sector, planning a March action day to emphasize its demands.
IG Metall Demands €600 Billion for German Industry
Germany's IG Metall union is demanding €600 billion in public infrastructure investment, a wealth tax, and industrial aid to secure eight million jobs and modernize the industrial sector, planning a March action day to emphasize its demands.
Progress
36% Bias Score
Dutch Council of State Critiques Box 3 Tax Overhaul, Citing Implementation Challenges
The Dutch Council of State criticized the planned overhaul of the Netherlands' box 3 wealth tax, citing implementation problems and complexity, potentially delaying its introduction to 2028 and costing the treasury €2 billion annually; the current system was deemed discriminatory by the Supreme Cour...
Dutch Council of State Critiques Box 3 Tax Overhaul, Citing Implementation Challenges
The Dutch Council of State criticized the planned overhaul of the Netherlands' box 3 wealth tax, citing implementation problems and complexity, potentially delaying its introduction to 2028 and costing the treasury €2 billion annually; the current system was deemed discriminatory by the Supreme Cour...
Progress
44% Bias Score
Australian Billionaires' Wealth Soars, Sparking Calls for Wealth Tax
Oxfam Australia reveals that Australia's 47 billionaires, whose wealth increased by A$28 billion in 2024, enjoy an average hourly income exceeding 1,300 times the national average, prompting calls for a wealth tax to address inequality.
Australian Billionaires' Wealth Soars, Sparking Calls for Wealth Tax
Oxfam Australia reveals that Australia's 47 billionaires, whose wealth increased by A$28 billion in 2024, enjoy an average hourly income exceeding 1,300 times the national average, prompting calls for a wealth tax to address inequality.
Progress
52% Bias Score
Habeck's Capital Gains Tax Proposal Sparks Outrage in Germany
Robert Habeck, Germany's Green Party chancellor candidate, proposed taxing capital gains with social security contributions, sparking controversy due to concerns about impacting average savers. The Greens clarified the proposal targets high-income individuals with substantial capital gains, not aver...
Habeck's Capital Gains Tax Proposal Sparks Outrage in Germany
Robert Habeck, Germany's Green Party chancellor candidate, proposed taxing capital gains with social security contributions, sparking controversy due to concerns about impacting average savers. The Greens clarified the proposal targets high-income individuals with substantial capital gains, not aver...
Progress
52% Bias Score
Spain Reclaims €502 Million in 2023 from Wealthy Tax Evaders
The Spanish Tax Agency recovered €502 million in 2023 from almost 1,000 audits targeting wealthy individuals using sophisticated tax evasion schemes, including billing personal expenses through companies and using offshore accounts; since 2018, over €2.98 billion has been recovered.
Spain Reclaims €502 Million in 2023 from Wealthy Tax Evaders
The Spanish Tax Agency recovered €502 million in 2023 from almost 1,000 audits targeting wealthy individuals using sophisticated tax evasion schemes, including billing personal expenses through companies and using offshore accounts; since 2018, over €2.98 billion has been recovered.
Progress
52% Bias Score
Dutch Cabinet Postpones Box 3 Tax Reform Until 2028
The Dutch government delayed the implementation of its new box 3 tax system until 2028 due to criticism, opting for a temporary wealth tax increase on specific assets (stocks, real estate, crypto) to generate €2.5 billion, while exempting those with primarily savings.
Dutch Cabinet Postpones Box 3 Tax Reform Until 2028
The Dutch government delayed the implementation of its new box 3 tax system until 2028 due to criticism, opting for a temporary wealth tax increase on specific assets (stocks, real estate, crypto) to generate €2.5 billion, while exempting those with primarily savings.
Progress
44% Bias Score
German Left Party's Plan to Tackle Cost of Living Crisis
Germany's Left Party unveiled its election platform focusing on curbing rising living costs through a nationwide rent cap, tax cuts on essential goods, and a temporary wealth tax to fund these measures. The party also advocates for increased diplomatic efforts to end the war in Ukraine.
German Left Party's Plan to Tackle Cost of Living Crisis
Germany's Left Party unveiled its election platform focusing on curbing rising living costs through a nationwide rent cap, tax cuts on essential goods, and a temporary wealth tax to fund these measures. The party also advocates for increased diplomatic efforts to end the war in Ukraine.
Progress
48% Bias Score
Dutch Council of State Rejects Box 3 Tax System Overhaul
The Dutch Council of State rejected the government's revised Box 3 tax system for savings and investments due to complexity, administrative burdens on 1.6 million taxpayers, and potential negative impacts on tax office services; implementation is delayed beyond 2028.
Dutch Council of State Rejects Box 3 Tax System Overhaul
The Dutch Council of State rejected the government's revised Box 3 tax system for savings and investments due to complexity, administrative burdens on 1.6 million taxpayers, and potential negative impacts on tax office services; implementation is delayed beyond 2028.
Progress
36% Bias Score