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lasprovincias.es • Politics • Spain
President Carlos Mazón of Valencia, Spain, announced a new round of tax cuts aimed at boosting the housing market and providing relief to those affected by recent floods.
theglobeandmail.com • Politics • Canada
Millions of Canadians will receive carbon tax rebates before the upcoming federal election, despite the federal carbon levy's recent cancellation, sparking debate about its political motivations and fiscal implications.
elcorreo.com • Politics • Spain
The Basque Nationalist Party (PNV) and Confebask, the Basque employers' association, met to ease tensions stemming from recent tax reforms, despite maintaining disagreements.
nzz.ch • Economics • Switzerland
Professor Marius Brülhart discusses the complexities of inheritance tax in Switzerland, analyzing its impact on wealth distribution, economic growth, and potential solutions for fiscal challenges.
cronica.com.mx • Finance • Mexico
Several Mexican banks face restrictions on tax collection due to frequent delays in delivering tax revenue to the federal treasury, prompting a reform to strengthen fiscal efficiency and transparency.
elcorreo.com • Finance • Spain
A tax reform in the Basque Country will provide relief to those with incomes under €20,000 by reducing IRPF withholdings from July 1st.
elpais.com • Economics • Spain
The IMF improves its forecasts for Spain's deficit and debt, but urges the government for further fiscal adjustments.
theatlantic.com • Economics • United States
Congressional Republicans' budget resolution significantly increases the US national debt, potentially leading to severe economic consequences.
oglobo.globo.com • Finance • Brazil
Brazil's government faces a projected budget deficit starting in 2027 due to rising mandatory spending exceeding the fiscal framework's limits.
irishtimes.com • Politics • Ireland
Dublin, generating over half of Ireland's tax revenue, receives a disproportionately small amount for its upkeep, leading to infrastructure issues and highlighting flaws in the country's taxation system.
theatlantic.com • Politics • United States
The article discusses the significant risk of the Republican Party's potential actions to tank the US economy by passing a bill that drastically increases the national debt.
crikey.com.au • Politics • Australia
This article contrasts the fiscal performance of Australian Treasurer Jim Chalmers with that of his predecessor Wayne Swan, arguing that Chalmers's current budget deficit undermines Swan's legacy of fiscal responsibility.
inews.co.uk • Finance • UK
The UK Chancellor, Rachel Reeves, faces a significant budget shortfall and may need to implement several tax increases, including extending tax freezes, reforming pension allowances, and potentially raising fuel duty.
theatlantic.com • Politics • USA
The Republican budget proposal, criticized for its unrealistic approach to tax cuts and spending reductions, is projected to significantly increase the national debt amid rising interest rates and inflation.
prensa.com • Economics • Panama
Panama's Minister of Economy and Finance, Felipe Chapman, discusses the country's economic outlook, including fiscal challenges and investment prospects, in an interview with La Prensa.
elpais.com • Economics • Spain
Spain's fiscal authority, Airef, has lowered its GDP growth forecast for the coming years, disagreeing with the government's optimistic outlook amidst the US trade war.
continuumeconomics.com • Economics • World
This article analyzes the fiscal health of several emerging markets, highlighting varying debt levels and policy responses, with a focus on the UAE, Kuwait, Brazil, and South Africa.
latercera.com • Economics • Chile
The Chilean Fiscal Council (CFA) harshly criticizes the government's fiscal management, highlighting flawed revenue projections and insufficient spending adjustments.
nysun.com • Finance • United States
Moody's recent downgrade of the U.S. government's debt rating highlights the nation's growing fiscal challenges, stemming from persistent large deficits and a fiat monetary system.
inews.co.uk • Politics • UK
The article discusses five tax increases that might be considered by the UK Chancellor, Rachel Reeves, but their potential revenue generation is deemed insufficient to significantly impact the budget deficit.
prensa.com • Politics • Panama
Barclays warns that ongoing protests and a weak fiscal outlook threaten Panama's political and economic stability.
dnevnik.bg • Economics • Europe
The European Commission predicts high inflation in Central and Eastern Europe for the next two years due to rising labor costs, while overall EU inflation is expected to decrease.
theatlantic.com • Politics • United States
The Atlantic analyzes the controversial Trump tax bill, highlighting its projected negative impact on the national deficit and the Republican Party's attempts to downplay the issue.
telegraph.co.uk • Economics • World
Rising government debt in developed nations, particularly in Japan and the US, is creating significant concerns about global economic stability and potential market volatility.
dailymail.co.uk • Economics • UK
Alex Brummer criticizes Chancellor Rachel Reeves' economic policies, arguing that her claims of fixing public finances are delusional and that the UK faces a looming economic crisis.
demorgen.be • Politics • Belgium
The Belgian government's budget plans face significant criticism from the Rekenhof, which highlights substantial flaws and unrealistic projections, particularly concerning the expected return effects.
nacion.com • Economics • Costa Rica
Costa Rica's 2023 tax expenditure totaled ¢2.02 trillion, slightly lower than 2022's record, with significant tax exemptions concentrated in income tax and VAT.
elpais.com • Politics • United States
The US House of Representatives approved a massive tax cut and spending reduction bill, increasing the deficit and debt at a time when investors are already worried about the country's fiscal trajectory.
elconfidencial.com • Finance • Spain
A study reveals that despite significant funding disparities among Spanish autonomous communities, public spending isn't solely determined by the level of received funding.
financialpost.com • Finance • Canada
Rising federal government spending in Canada necessitates new taxes, potentially impacting personal and corporate rates, GST/HST, and potentially introducing wealth or home equity taxes.
gestion.pe • Economics • Peru
The Peruvian Congress is considering 32 bills that propose tax benefits, raising concerns about potential risks to public finances, according to the Fiscal Council.
latercera.com • Economics • Chile
Chile's growing public debt necessitates immediate fiscal adjustments to prevent a future economic crisis, advocating for a comprehensive agreement to address unsustainable spending.
theatlantic.com • Politics • United States
The article analyzes the Republican Party's approach to the US national debt, arguing that their focus on spending cuts while ignoring revenue increases through taxation is unsustainable and politically risky.
indianexpress.com • Economics • India
A Reserve Bank of India study analyzes the quality of Indian government expenditure over two decades, highlighting improvements driven by fiscal discipline and increased capital expenditure despite facing economic crises.
dailymail.co.uk • Politics • UK
Andrew Neil criticizes Keir Starmer and Rachel Reeves' economic policies, arguing that their claims of economic stability and investment are contradicted by declining growth, rising inflation, and increased borrowing.