Tag
Taxation
6 articles
UK Fuel Surge Hands Treasury £4B VAT Windfall as Rate Risk Approaches
Soaring petrol and diesel costs are generating unexpected tax revenue for Britain's exchequer, but persistent inflation pressures may force the Chancellor to choose between relief measures and fiscal consolidation.
Britain Forecasts Highest Tax Burden Since 1940s With Modest Growth
The Office for Budget Responsibility projects the tax-to-GDP ratio reaching 38 percent by 2030-31, alongside high debt and modest economic growth.
China's Offshore Trust Tax Triggers Founder Liquidations in Hong Kong Stocks
Haidilao co-founder's $350M share sale signals structural shift for founder-controlled Hong Kong firms ahead of Oct. 22 tax compliance deadline
California Billionaire Tax Heads to Ballot After Union Talks Collapse
Proposition 40, a one-time tax on California's wealthiest, goes to voters after Gov. Newsom's office and union chief Dave Regan failed to reach a deal.
U.S. National Debt Hits $36.2 Trillion, With Debt-to-GDP Ratio Projected to Double by 2075
Federal debt held by the public could reach 206 percent of GDP by 2075, driven by entitlement spending and interest costs that outpace revenue.
Infrastructure Law's Hidden Costs Hit Consumers Through Fees, Lawsuits and Regulation
Critics say indirect charges embedded in federal infrastructure spending are raising prices on goods, energy and shipped goods without appearing as direct taxes.