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You Searched For "tax hikes" and got 20 results


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1 min read

Ukraine approves 'historic' war tax hike to help cover defense spending

The bill will raise a military tax on residents from 1.5% to 5% and see corporate tax on banks' pro…

Rebecca Rommen   


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2 mins read

Oregon lawmakers oppose a corporate tax hike to fund a $1,600 annual universal basic income. But voters will decide.

A bipartisan coalition of Oregon lawmakers is fighting a ballot measure that would hike corporate t…

Katie Balevic   


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4 mins read

Millions of Americans could lose out on more than $700 in healthcare benefits if Congress doesn't keep these tax credits

Pandemic-era subsidies drove enrollment in Obamacare. Now, millions of Americans could see costs r…

John Towfighi   


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2 mins read

Australia announced a sweeping plan to forgive 20% of student debt

The move, which could take effect in June if the current Labor government stays in power, would era…

Hannah Abraham   


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3 mins read

Putin said Russia wouldn't have to choose between guns or butter. The price of butter is soaring.

In February 2023, Putin publicly rejected the idea that Russia was focusing on "guns instead of but…

Matthew Loh   


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2 mins read

Trump's plan to hike tariffs instead of raising taxes could cause the 'mother of all stagflations,' policymakers warn

The Treasury secretary, Janet Yellen, and her predecessor Larry Summers called out Trump's plan to …

Filip De Mott   


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2 mins read

Jamie Dimon says the 'Buffett rule' approach to taxing the wealthy could solve America's debt problem

The JPMorgan CEO cited the famed rule that million-dollar households should not pay taxes on a lowe…

Filip De Mott   


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5 mins read

The economy is a priority for Americans as they head to the polls. Here's what's really going on behind the numbers.

As people get ready to vote, here's what's been going on with job growth, federal debt, and other e…

Madison Hoff   


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6 mins read

Budget 2024-25: New tax regime sweetened by FM, hikes standard deduction to Rs 75,000

​More than two-thirds of taxpayers have availed of the new Income Tax regime, as per Nirmala Sithar…

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2 mins read

Sensex, Nifty tumble after FM hikes STT on F&O

The NSE Nifty also ticked higher as the finance minister began the presentation of her 7th Unio…

PTI   


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2 mins read

New parents could get $6,000 for the first year of their child's life and a restored child tax credit in Kamala Harris' new economic plan

Vice President Kamala Harris is proposing tax cuts for new parents and working families as she gear…

Ayelet Sheffey,Juliana Kaplan   


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5 mins read

What a Trump or Harris presidency would mean for your tax bill

BI looked at how Harris and Trump's tax policies could impact high- and low-income earners, as well…

Juliana Kaplan,Bryan Metzger   


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2 mins read

Global government borrowing is set to top $100 trillion — and shows no signs of slowing down

Broader support for more public spending, resistance to tax hikes, and spending pressures have driv…

Theron Mohamed   


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2 mins read

Foreign Portfolio investments drop to ₹2,916 cr on back of high valuations, capital gain tax hike

As per data from the National Securities Depository Limited, last week foreign investors injected R…

ANI   


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3 mins read

Trump's trade and tax policies are the new hot-button topic dividing economists and market experts

Many notable economists are sounding the alarm on the inflationary impact of Trump's proposals. Oth…

Filip De Mott   


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1 min read

Russia is eyeing big tax hikes after this month's election to pay for the war in Ukraine

Putin is widely expected to coast to reelection, after which Bloomberg reported that the country co…

Yuheng Zhan   


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2 mins read

Donald Trump reportedly wants to raise tariffs to pay for tax cuts

Critics of Trump's tariff proposals say that they would raise costs for Americans and stoke further…

Filip De Mott   


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1 min read

Rupee slips to all-time low of 83.72 against US dollar; Fall sparked by tax rate hike on capital gains, per traders

Forex traders said the fall in the domestic unit came on the heels of a significant downturn in the…

PTI   


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3 mins read

Elon Musk took the stage at a Trump rally to talk about taxes and the 'Department of Government Efficiency'

Musk did not elaborate on policy changes or spending cuts he would implement if he were to join a h…

Katherine Tangalakis-Lippert   


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7 mins read

SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how of it

Indian equity futures and options trading has become exceedingly risky, with 91% of individual trad…