The Hungarian government of national conservative leader Viktor Orbán has scrapped income tax for under-25s as part of its efforts to aid a post-pandemic recovery, discourage emigration, and help young people to form families.
Britain has seen its budget deficit rise during the coronavirus pandemic to its highest level since 1946, official figures showed Friday.
United Nations Secretary-General Antonio Guterres called for a wealth tax Monday to help finance the global recovery from the coronavirus pandemic while at the same time expressing his profound disappointment in the international response to the crisis.
President Joe Biden’s infrastructure proposal will ramp up the Internal Revenue Service (IRS) activities on business, where each business may be audited like “A decade ago… annually by the IRS” so they “pay their fair share.”
President Joe Biden is considering a tax hike to underwrite the economic program launched by the approval of his $1.9 trillion pandemic stimulus package, a Monday report by Bloomberg claims. The tax jump will be the first major lift in federal taxes in almost 30 years if successful.
The burden on the British taxpayer has hit levels not seen in 70 years, yet the Treasury secretary is considering tax hikes to make up for the massive budget shortfalls incurred during the Chinese coronavirus crisis and the ensuing lockdowns.
A hike in the tax on gasoline is one possible revenue burden facing American motorists, President Joe Biden’s Secretary of Transportation nominee Pete Buttigieg told a Senate panel on Thursday.
Britain’s chancellor wants to “wean us off the magic money tree” after nearly a year of unprecedented spending in response to the coronavirus lockdown, a policy which saw government borrowing rise by a near-record £34 billion in December alone.
One of the key moments of Tuesday night’s presidential debate was Joe Biden promising twice! to raise taxes on everyone, including the middle class.
GENEVA (AP) – A Swiss region that has billed itself as a hub for high-tech finance said Thursday that it plans to accept cryptocurrencies Bitcoin and Ether for tax payments starting next year.
Rhode Island state officials said a technical glitch was to blame for 176 tax refund checks being mailed out bearing the signatures of Mickey Mouse and Walt Disney.
Tax cuts for the wealthy constitute a “structure of sin,” Pope Francis said Wednesday in a passionate address calling for international wealth redistribution.
The sports world received a significant jolt on Tuesday, when the NCAA announced that they had taken the unprecedented step of allowing college athletes to profit off their name, image, and likeness.
A decision to impose a 100 percent tax on bills at restaurants that serve shisha has ignited criticism on social media in Saudi Arabia, where the water pipes are a popular pastime.
Sen. Elizabeth Warren (D-MA) on Wednesday unveiled her plan to target lobbyists in the form of an “excessive lobbying tax,” despite the fact that she has benefited from lobbyist activities in the past.
BUDAPEST, Hungary (AP) – Hungary’s prime minister says the European Union has made “grave mistakes” in the past five years regarding immigration and the economy.
Sen. Bernie Sanders (I-VT) on Monday will propose legislation canceling all $1.6 trillion worth of U.S. student debt, according to a report.
Democratic presidential candidate Sen. Bernie Sanders (I-VT) said that Disney should be spending its $1 billion-plus profits from the Avengers: Endgame film on paying all it’s employees middle-class wages.
A report from the Employment Orientation Council has claimed that as many as 2.5 million French work under the table, nearly five percent of the workforce over the age of 18.
Gov. Andrew Cuomo (D-NY) is blaming President Trump for his state’s $2.3 billion budget shortfall.
2018 was the year the Bansturbators went postal… Whatever you like to eat, whatever you drink, whatever you enjoy doing in your spare time, the Bansturbators wanted to slap health warnings on it, make it more expensive or, ideally, regulate it out of existence.
TEL AVIV – Airbnb could find itself sanctioned with a special tax over its decision remove all of its 200 listings located in Israeli settlements, Israel’s Tourism Minister said Tuesday.
Reported government plans to squeeze motorists of even more cash to fund spending rises have been slammed by campaigners pointing out that UK drivers are already “the highest taxed in the world”.
The Finance Ministry of Slovakia reported this week that the nation’s economic growth will swell to nearly five percent next year as a result of increased automotive output, in one of Europe’s greatest economic success stories.
A UK fashion chain has been accused of administering a “fat tax” after being caught charging more for clothes for “plus-size” people than it does for thin people.
When Barack Obama was inaugurated as the 44th President of the United States on January 20, 2009, Democrats controlled the White House, the House of Representatives, and the Senate.
The European Union (EU) is considering new taxes to make up for Britain’s lost financial contributions after Brexit.
The French government has denied a controversial report regarding a secretive department within the French Finance Ministry that allegedly targets Jews for tax evasion.
Global internet giants Google and Facebook can expect to receive a comprehensive tax bill from Israel within the next 12 months, according to a report in the financial newspaper TheMarker.
Major pro-EU corporates are using Britain’s membership of the European Union and the single market to deprive the country of £10 billion of tax revenue each year, a new report has suggested. The debate on free movement and the European Union
