Tag #Wealth Tax

Showing 37 to 48 of 81 results

dailymail.co.uk
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HMRC Unable to Determine Tax Contributions of UK Billionaires

The UK's Public Accounts Committee (PAC) criticized HMRC for failing to determine the tax contributions of billionaires, despite the availability of public data, urging a plan to close the tax gap and improve public spending.

Progress

48% Bias Score

Reduced Inequality
elpais.com
🌐 90% Global Worthiness
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UN Summit Exposes Private Investment's Devastation on Poor Nations

The UN's Seville summit highlighted the devastating impact of private investors, especially 'vulture funds,' on impoverished nations, with 3.7 billion people in poverty and the richest 1% increasing their wealth by $33.9 trillion since 2015, while proposals for a global wealth tax gain traction.

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48% Bias Score

No Poverty
elpais.com
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Chilean Leftist Presidential Candidate Wins Primary, Economic Program Sparks Debate

Jeannette Jara, backed by the Communist Party, won Chile's leftist primary election on Sunday with 60% of the vote, propelling her to the presidential candidacy and the party to national prominence; her economic platform, designed by Fernando Carmona, includes raising the minimum wage to $807 USD an...

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40% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Joint Initiative Seeks Higher Taxes on the Wealthy to Combat Global Inequality

Spain, Brazil, and South Africa launched a joint initiative at the UN Seville summit to increase taxes on high net worth individuals to address global inequality and reduced international cooperation, with plans for a three-month action plan and annual meetings.

Progress

40% Bias Score

Reduced Inequality
taz.de
🌐 75% Global Worthiness
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French Senate Rejects Billionaire Wealth Tax

The French Senate rejected a proposed 2% minimum wealth tax on billionaires, potentially costing the government €20 billion in revenue, due to concerns about economic competitiveness; this follows its passage in the National Assembly in February and would have impacted roughly 1,800 households.

Progress

48% Bias Score

Reduced Inequality
lemonde.fr
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France's Senate to Vote on Wealth Floor Tax

The French Senate will vote on June 12th on a proposed 2% wealth floor tax on assets exceeding €100 million, aiming to address the lower effective tax rate (27%) paid by the wealthiest compared to the average citizen (50%).

Progress

56% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
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Starmer Dodges Wealth Tax Questions Amidst Political Debate

During Prime Minister's Questions, Sir Keir Starmer sidestepped questions about a potential wealth tax and a freeze on income tax and national insurance thresholds, while the Conservative leader criticized Labour's stance, highlighting differing approaches to taxation and economic priorities.

Progress

52% Bias Score

Reduced Inequality
news.sky.com
🌐 85% Global Worthiness
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Kinnock Proposes UK Wealth Tax; Government Prioritizes Economic Growth

Former Labour leader Lord Kinnock proposed a 2% tax on assets exceeding £10 million to raise approximately £10 billion annually for the UK's public finances; the government, while acknowledging the Labour values of progressive taxation, emphasizes economic growth and defers tax decisions to the chan...

Progress

48% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Record .133 Billion Euros Collected in Spain's 2024 Net Worth Tax

Spain's tax agency, Hacienda, collected a record .133 billion euros from the net worth tax in 2024, exceeding the 2023 revenue by 11.6% and driven by a positive stock market and the reinstatement of the tax in Andalusia and Madrid.

Progress

40% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Reform UK proposes £250,000 fee for non-doms to avoid UK tax

Reform UK's plan would allow non-domiciles to avoid UK taxes on foreign income, wealth, and capital gains for a £250,000 fee, with the revenue funding payments to the lowest-paid 10% of full-time workers; Labour has abolished this status.

Progress

52% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Australia to Tax Unrealized Super Gains to Avoid Massive Compliance Costs

Australia's proposed 15% tax on superannuation earnings over \$3 million will affect approximately 30,000 high-balance members; Treasury chose to tax unrealized rather than realized gains to avoid massive compliance costs for all 17 million superannuation account holders, despite this method being l...

Progress

52% Bias Score

Reduced Inequality
taz.de
🌐 85% Global Worthiness
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EU Investigates Wealth Tax Amidst Record Wealth Inequality

The EU is exploring a wealth tax based on a proposal by economist Gabriel Zucman, aiming to generate significant revenue, but faces challenges due to national tax policies and strong lobbying from wealthy interests in Brussels.

Progress

40% Bias Score

Reduced Inequality

Showing 37 to 48 of 81 results