taxation - Page 2

Liz Truss is no radical but her very slight deviation from treasury orthodoxy has been so harshly punished, a brand new Prime Minister is throwing her brand new chancellor to the wolves.

Truss defended her agenda: “Whenever there is change, there is disruption. And not everybody will be in favour… But everyone will benefit”.

The government has noticed some people are taking time off work to look after elderly relatives and they aren’t happy.

Liz Truss is scrapping plans to get rid of the 45 per cent tax rate on income over £150,000 (~$168,000) after pressure from central bankers, the financial establishment, and leftists.

Britain’s opposition Labour Party opened its annual conference Sunday, with leaders attacking the “immoral” tax-cutting of the new Conservative government.

The new British government has confirmed a massive energy subsidy programme and widespread deregulation and tax reform for businesses.

Nigel Farage told Breitbart while Truss wouldn’t normally get his support, he thinks she might actually deliver on her Thatcherite rhetoric.

Tory leadership hopefuls Rishi Sunak and Liz Truss have set out questionable visions of how they would govern Britain, with tax-hiking Sunak pledging seminal tax cuts – someday – and “right-wing” Truss vowing to import even more migrant workers. 

Conservative members who will make the choice on the next UK Prime Minister prefer Liz Truss for the job over Rishi Sunak, polling suggests.

Rishi Sunak, the tax-hiking former Chancellor of Exchequer, and Liz Truss, the Remain-voting Foreign Secretary, are continuing to clash ahead of the vote deciding which of them will replace Boris Johnson. 

Germany’s climate crazy economics and climate minister is thinking about taxing gas cars to make them more expensive than their gas counterparts.

Hungary has told the European Union that it must adopt “Christian roots and culture”, as well as rework the union’s “dead end” European parliament

The next Prime Minister will be Sunak or Truss, both long-term allies of Boris Johnson and associates of the World Economic Forum.

The International Monetary Fund (IMF) published a paper Wednesday that warned of dark, troubled economic times ahead when the world can expect to have less of everything except “social instability.”

A German MEP has denounced a proposed EU scheme of “taxation without representation” that would leave Germany a “tax colony” of an “EU empire”.

A spokesman for a prominent pro-life organisation in Ireland has slammed the country’s TV tax-funded state broadcaster for “bias”, which she described as being “petty and pathetic”.

An elected representative within the European parliament has accused the EU of trying to tax its population out of poverty.

Richard Tice, leader of the rebranded Brexit Party, Reform UK, has proposed a bold, tax-cutting strategy to tackle the cost of living and inflation crisis. 

Rep. Don Beyer (D-VA) is pushing a 1,000 percent tax on AR-15s and other semiautomatic rifles that Democrats label as “assault weapons.”

The Internal Revenue Service (IRS) reportedly has “no records” on a previous proposal to increase funding to add more agents and expand its authority over U.S. bank accounts with more than $600 a year in transactions.

Billionaire Michael Bloomberg, the failed Democrat presidential primary candidate and former New York City mayor, is paying less than half the federal income tax rate the average American taxpayer pays, newly published Internal Revenue Service (IRS) data reveals. 

Urkaine has announced that spoils of war, such as Russian tanks taken from the battlefield, will not be considered taxable income.

Pope Francis met with a delegation from Italy’s internal revenue service Monday, praising them for their work and holding up taxation as a necessary tool for redistribution.

The direct imposition of permanent annual taxes on the earnings of the world’s richest individuals could redistribute wealth and lift millions out of poverty, a report presented to the World Economic Forum (WEF) on Wednesday outlined.

Poland´s Prime Minister said starting in December the government will cut tax on fuels and energy to counter inflation.

On Saturday’s broadcast of the Fox News Channel’s “Cavuto Live,” Transportation Secretary Pete Buttigieg said that top income earners would be paying “closer to” their fair share of taxes if their tax rate is raised to 50%. Host Neil Cavuto

Britain’s supposedly “libertarian” prime minister is reportedly considering hitting consumers with a charge every time they use disposable paper coffee cups and wooden cutlery.

Democrats enrich companies like Amazon with “green energy” tax credits while posturing as economic populists, Rep. Drew Ferguson (R-GA) said.

Boris Johnson’s promise-breaking new tax won’t even fund the social care it was created for, so says a report cited by the UK Telegraph. 

Millions of British taxpayers are being clobbered with a tax rise — against the governing Conservative party’s own promises.

Plans were submitted to the United Nations on Monday by a major maritime industry association seeking an international, cross-border carbon tax to be administered solely by the globalist body.

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.