Tag #Wealth Tax

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welt.de

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Mar 6, 10:10

German Billionaires: Gender Wealth Gap Highlights Systemic Inequality

Oxfam and the Steuergerechtigkeit network's study reveals that 71 percent of Germany's billion-dollar fortunes are owned by men, while only 29 percent are owned by women, due to regressive tax policies and inheritance practices favoring men. The study analyzed 249 individuals and families listed in ...

German Billionaires: Gender Wealth Gap Highlights Systemic Inequality

Oxfam and the Steuergerechtigkeit network's study reveals that 71 percent of Germany's billion-dollar fortunes are owned by men, while only 29 percent are owned by women, due to regressive tax policies and inheritance practices favoring men. The study analyzed 249 individuals and families listed in ...

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How does the current tax system in Germany contribute to the unequal distribution of wealth between genders, according to the study?

The study, the first of its kind to analyze the distribution of billion-dollar fortunes in Germany by gender, found that men disproportionately benefit from regressive taxes on high incomes and inheritances. Women receive smaller inheritances and gifts, contributing to their lower overall wealth.

lexpress.fr

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Feb 21, 07:08

France Passes Wealth Tax on Richest 0.01%

France's National Assembly approved a bill implementing a minimum 2% wealth tax on the wealthiest 0.01% of taxpayers, aiming to generate €15-25 billion and address wealth inequality, despite government opposition fearing capital flight.

France Passes Wealth Tax on Richest 0.01%

France's National Assembly approved a bill implementing a minimum 2% wealth tax on the wealthiest 0.01% of taxpayers, aiming to generate €15-25 billion and address wealth inequality, despite government opposition fearing capital flight.

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How does this wealth tax attempt to address wealth inequality in France, and what are the government's counterarguments?

This wealth tax targets a loophole exploited by the ultra-rich, who pay disproportionately less tax than the average French citizen. The initiative aims to address wealth inequality and bolster public finances, addressing a public deficit exceeding EU limits. The government opposes the bill, fearing capital flight.

roma.corriere.it

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Feb 16, 04:06

Italian Left's Persistent Calls for Wealth Tax Face Repeated Setbacks

Italian left-wing parties repeatedly propose a wealth tax, facing consistent obstacles due to concerns about capital flight and the need for international cooperation; despite this, prominent figures continue to support the idea.

Italian Left's Persistent Calls for Wealth Tax Face Repeated Setbacks

Italian left-wing parties repeatedly propose a wealth tax, facing consistent obstacles due to concerns about capital flight and the need for international cooperation; despite this, prominent figures continue to support the idea.

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What are the historical precedents and underlying reasons behind the persistent calls for a wealth tax in Italy?

Recurring calls for a wealth tax in Italy reveal a persistent tension between the political desire for wealth redistribution and the practical challenges of implementation. While prominent figures express support, concerns about capital flight and the need for international cooperation repeatedly hinder progress, as past attempts show.

nos.nl

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Feb 7, 04:11

Belgian Parliament Approves De Wever's Coalition Agreement After 40-Hour Debate

The Belgian parliament approved Prime Minister De Wever's coalition agreement after a 40-hour debate marked by procedural disputes and opposition delaying tactics, raising concerns about the planned €23 billion in cuts and a new tax on financial assets.

Belgian Parliament Approves De Wever's Coalition Agreement After 40-Hour Debate

The Belgian parliament approved Prime Minister De Wever's coalition agreement after a 40-hour debate marked by procedural disputes and opposition delaying tactics, raising concerns about the planned €23 billion in cuts and a new tax on financial assets.

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How did the procedural aspects of the debate contribute to its unusually long duration?

The lengthy debate, described as unprecedented for a government formation, stemmed from procedural disagreements and the opposition's apparent use of delaying tactics. This followed weeks of arduous negotiations, culminating in a 50-hour final session among the five coalition parties.

dw.com

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Feb 2, 22:07

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...

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What are the immediate economic consequences of the growing debt burden and high inflation in African countries, and what actions are being taken (or considered) to address these issues?

African countries are struggling under a growing debt burden, with debt repayment exceeding healthcare spending for years. The COVID-19 pandemic exacerbated this, and high inflation further restricts government action. New revenue sources are crucial for these nations to break this cycle.

welt.de

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Jan 15, 19:10

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...

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What are the immediate consequences of Habeck's proposal to tax capital gains with social security contributions, and how does it impact different income groups?

Robert Habeck, the Green Party's chancellor candidate, proposed taxing capital gains with social security contributions in addition to the existing levy, sparking outrage. Critics argued this would penalize those saving for retirement. The Greens clarified the proposal targets individuals with substantial capital gains who no longer need to work, not average savers.

dutchnews.nl

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Feb 25, 13:12

2024 Dutch Tax Returns Due May 1: Key Changes and Uncertainties

Dutch tax returns for 2024 are due May 1, 2025; those with mortgages, savings, or migration changes must file; Box 3 tax remains unclear, and the 30% ruling changes in 2027.

2024 Dutch Tax Returns Due May 1: Key Changes and Uncertainties

Dutch tax returns for 2024 are due May 1, 2025; those with mortgages, savings, or migration changes must file; Box 3 tax remains unclear, and the 30% ruling changes in 2027.

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What is the deadline for filing 2024 Dutch tax returns, and who must file?

The Dutch tax return deadline is May 1, 2025. Those with mortgages, savings, or who immigrated to or emigrated from the Netherlands in 2024 need to file. Refunds for overpaid taxes will be issued promptly if filed by the deadline.

lefigaro.fr

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Feb 20, 01:11

French Government Rejects Proposed Wealth Tax on Ultra-Rich

The French government rejects a proposed 2% wealth tax on the ultra-rich, fearing it would cause 2,000 high-net-worth individuals to leave France and arguing against taxing business assets, while proponents cite potential €15-25 billion in revenue.

French Government Rejects Proposed Wealth Tax on Ultra-Rich

The French government rejects a proposed 2% wealth tax on the ultra-rich, fearing it would cause 2,000 high-net-worth individuals to leave France and arguing against taxing business assets, while proponents cite potential €15-25 billion in revenue.

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How do the arguments for and against the proposed wealth tax reflect differing economic philosophies and priorities?

This opposition highlights the ongoing debate surrounding wealth taxation and its potential economic consequences. The government's concern centers on the impact on investment and economic growth, contrasting with proponents' arguments for increased revenue and fairer distribution of wealth. Zucman argues that the exclusion of business assets primarily benefits a small group of extremely wealthy individuals.

dw.com

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Feb 9, 01:06

German Left Party Proposes Sweeping Tax Plan Targeting Billionaires

Germany's Left Party unveiled a five-point tax plan two weeks before national elections, aiming to halve billionaires' wealth in a decade through a wealth tax, one-time levy on the richest, higher inheritance and income taxes, and a sliding scale for capital gains taxes; the party's chances of imple...

German Left Party Proposes Sweeping Tax Plan Targeting Billionaires

Germany's Left Party unveiled a five-point tax plan two weeks before national elections, aiming to halve billionaires' wealth in a decade through a wealth tax, one-time levy on the richest, higher inheritance and income taxes, and a sliding scale for capital gains taxes; the party's chances of imple...

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What specific tax measures does the Left Party propose to redistribute wealth and what is the declared goal of this plan?

The Left Party in Germany proposes a five-point plan to cut billionaires' wealth in half within a decade. This includes reintroducing a wealth tax (1-12% depending on the wealth), a one-time levy on the richest 0.7% (10-30%), increased inheritance tax, higher income tax rates for top earners (up to 75%), and a sliding scale for capital gains tax.

nos.nl

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Feb 7, 04:11

Belgian Parliament Approves De Wever's Coalition Agreement After 40-Hour Debate

The Belgian parliament approved Prime Minister De Wever's coalition agreement after a 40-hour debate, marked by procedural disagreements and opposition tactics, with 81 votes in favor and 66 against, amidst concerns over proposed austerity measures and a new wealth tax.

Belgian Parliament Approves De Wever's Coalition Agreement After 40-Hour Debate

The Belgian parliament approved Prime Minister De Wever's coalition agreement after a 40-hour debate, marked by procedural disagreements and opposition tactics, with 81 votes in favor and 66 against, amidst concerns over proposed austerity measures and a new wealth tax.

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What were the immediate consequences of the Belgian parliament's approval of Prime Minister De Wever's coalition agreement?

After a 40-hour debate, the Belgian parliament approved Prime Minister De Wever's coalition agreement with a vote of 81 to 66. The debate, which began Wednesday morning, featured disagreements over procedure, leading to extended speeches and breaks for some participants.

theguardian.com

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Jan 20, 04:08

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.

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How does the origin of Australia's billionaire wealth relate to historical injustices and current socioeconomic disparities?

The report highlights a correlation between Australia's billionaire wealth and resource extraction from Indigenous lands, with 35% of billionaire wealth attributed to inheritance and the lasting effects of colonialism. This concentration of wealth exacerbates existing inequalities, as one-third of First Nations people are among the poorest 20% of the population.

lefigaro.fr

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Jan 15, 13:07

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.

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What specific measures is the French government implementing to reduce its public deficit in 2025?

The French government plans €30 billion in spending cuts for its 2025 budget, the largest reduction in 25 years, aiming to lower the public deficit to 5.4% of GDP. This will involve a 5% reduction in spending across approximately 1,000 public agencies, saving €2 billion. No tax increases are planned for middle and lower classes.

Showing 61 to 72 of 81 results