President Biden wants to raise the capital gains tax that wealthy people pay and use the extra revenue to fund new social spending on children and education.
The corporate tax was created on the principle that people and companies should be taxed based on what they receive in benefits – and US corporations have received an awful lot.
New Zealand’s anti-smoking campaign used all levers, from taxation to advertising bans and smoke-free environments, to change behaviour. We need a similar approach to decarbonise transport.
Because the rich often have complicated deductions that dabble in the gray areas of tax law, it’s simply easier to audit the straightforward taxes of the working poor.
While those on the left, right and middle worry about the federal deficit, the real world that we live in is in trouble. The fiscal prudes are fretting about the wrong issues.
France agreed to postpone implementing its law to tax US technology giants as negotiators from nearly 140 countries seek agreement on reforms to the international tax system.
Tax credit refunds are an effective means of ensuring that Canada’s poverty gap, now clearly identified, is addressed for low-income families. So what’s taking so long?
Election data suggests the Coalition’s victory wasn’t so surprising after all – long-term trends pointed toward a Labor loss, given the various factors in play in this election.