Tag #Wealth Tax

Showing 25 to 36 of 81 results

taz.de
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German Coalition Debates Social Welfare Cuts Amidst Budget Deficit

Germany's governing coalition is debating whether it can afford its social welfare system, with the Union demanding cuts and the SPD suggesting taxes on the wealthy, while facing pressure from their own bases.

Progress

52% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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Correction: Reading Decline Affects All Genders in Australia

Contrary to earlier reports, a new analysis reveals a general decline in reading across all genders in Australia, not solely among men, while a significant portion of males still read books, albeit less frequently.

Progress

68% Bias Score

Affordable and Clean Energy
theguardian.com
🌐 75% Global Worthiness
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Kinnock Urges End to Two-Child Benefit Cap to Reduce Child Poverty

Former Labour leader Lord Kinnock urged the party to scrap the two-child benefit cap, citing government data showing nearly 1.7 million children live in households affected by the policy and arguing that abolishing it could lift 600,000 children out of poverty; he suggested funding this through a we...

Progress

44% Bias Score

No Poverty
dailymail.co.uk
🌐 85% Global Worthiness
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Plummeting London Luxury Property Prices Amidst Wealthy Exodus

High-end London property prices have plummeted by as much as 60 percent due to wealthy individuals leaving the UK following policy changes and economic uncertainty, impacting both the luxury market and related service industries.

Progress

68% Bias Score

Reduced Inequality
thetimes.com
🌐 85% Global Worthiness
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CGT Changes Cause Unexpected Drop in Tax Revenue

The UK government's reduction of the annual Capital Gains Tax (CGT) allowance to £3,000 and increase in tax rates has resulted in lower-than-expected tax revenue due to taxpayers delaying asset sales, impacting the Treasury's projected income by £5.5 billion by 2029-30.

Progress

40% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
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UK Chancellor Weighs Wealth Tax Amidst £6 Billion Budget Deficit

Facing a £6 billion budget deficit after reinstating welfare payments, the UK chancellor considers a wealth tax on assets over £10 million to raise £12 billion, but faces concerns about its effectiveness and potential capital flight.

Progress

40% Bias Score

Reduced Inequality
cbsnews.com
🌐 85% Global Worthiness
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Forbes 400 Paid Lower Effective Tax Rate Than Other U.S. Taxpayers

A new study reveals that the Forbes 400 paid an average effective tax rate of 24% from 2018-2020, compared to 30% for other U.S. taxpayers, due to lower taxes on capital gains and business income, prompting renewed debate on wealth taxes.

Progress

52% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Faces Pressure to Increase Wealth Taxes Amidst Budget Shortfall

Facing a potential £20-£50 billion budget shortfall, the UK government is under pressure to increase taxes on the wealthy, sparking debate over wealth taxes versus incremental changes to existing taxes like inheritance and capital gains taxes; challenges include data limitations and differing econom...

Progress

52% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
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German Greens Debate Wealth Redistribution to Fund Climate Action

The German Green Party is debating wealth redistribution methods to fund climate action and address inequality, with proposals including taxes on fossil fuel industries, high earners, and a potential one-time wealth tax, though economists express concerns about their effectiveness.

Progress

40% Bias Score

Reduced Inequality
nrc.nl
🌐 75% Global Worthiness
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Dutch Tax Authority Sends 33,000 Letters with Incorrect Box 3 Tax Refund Amounts

The Dutch tax authority sent 33,000 letters with incorrect amounts regarding box 3 tax refunds between July 16th and 24th, impacting a large-scale restitution effort due to a 2021 Supreme Court ruling that deemed the previous tax calculation method unlawful.

Progress

24% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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UK Billionaire Exodus: Tax Reforms Trigger Mass Departure

The UK has seen a mass exodus of billionaires in the last two years due to Labour's tax reforms, including the axing of the non-dom regime and the potential imposition of a wealth tax, impacting tax revenue and the UK economy.

Progress

76% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Chancellor Considers Pension Tax Relief Cuts Amid Budget Crisis

Facing a £30 billion budget shortfall, UK Chancellor Rachel Reeves is considering reducing pension tax relief as an alternative to a wealth tax, which faces internal opposition, despite backbench pressure; this could raise £15 billion but may negatively impact retirement savings.

Progress

52% Bias Score

Reduced Inequality

Showing 25 to 36 of 81 results