taxation
Coverage of taxation in the Nexus archive.
- MAIL ON SUNDAY COMMENT: Labour won't be happy until it has taxed us all out of existence
The article criticizes Labour's tax policies, claiming the party will continue increasing taxes until it 'taxes us all out of existence.' The piece appears in the Mail on Sunday and presents a negative perspective on Labour's economic approach.
- Nicolas Dufourcq
Nicolas Dufourcq warns that France is on the brink of economic crisis, calling the next presidential election 'the most important in 30 years.' He advocates for raising the retirement age to 67, implementing capitalization, reducing business taxes, and curbing a 'social sphere' he claims is destabilizing the state, while asserting the European Central Bank will not rescue a bankrupt France.
- Guest Opinion | Calmatters’ Dan Walters: Voters in Deep Blue California are Souring on Ballot Measures that Add New Taxes
California voters, despite the state's blue political leanings and high tax rates, are becoming increasingly critical of ballot measures that introduce new taxes. The state's high taxation includes retail sales, personal and corporate incomes, and property values, which result in elevated property tax bills. Specific taxes on items like fuel, utilities, and medical care are also mentioned.
- BUDGET BRIEF: Ireland’s taxing questions
The article discusses Ireland's budget challenges, including EUCO debrief, cohesion, budget camps, and the Irish presidency. It highlights ongoing debates and questions surrounding taxation and fiscal policies.
- Unsustainable growth
Finance Minister Muhammad Aurangzeb presented a budget with tax relief for high-earning individuals, concessional loans for farmers, and subsidies for fertilizers and farm equipment. However, the budget is criticized for lacking a coherent industrial policy to drive sustainable, export-led growth and for relying on real estate as a growth engine, a strategy with a history of structural weaknesses in Pakistan.
- South Korea finance ministry says tokenized stocks are securities, not crypto assets, opening door to taxes: report
South Korea’s finance ministry classified tokenized stocks as securities, not crypto assets, potentially enabling taxation starting H2 2026 if regulators agree.
- GB polls’ aftermath
The PPP is leading in the Gilgit-Baltistan (GB) assembly elections, with a potential coalition with PML-N, but the process faced claims of irregularities from both PPP and PTI. A re-poll has been announced for five seats. The article highlights concerns about governance, protests over issues like power and subsidies, and demands for greater local autonomy.
- Teachers union facing years of deficits seeks to become Oregon's largest PAC, internal documents show
The Oregon Education Association (OEA), representing 41,000 educators, aims to become Oregon's largest political action committee by 2026 through increased political engagement and member assessments. Internal documents reveal plans to advance resolutions on taxation, artificial intelligence, and racial justice, while acknowledging ongoing budget deficits since 2018-19. The OEA has contributed funds to political campaigns and ballot measure organizations, including donations to candidates like Tina Kotek.
- Left parties block NH in Vijayawada over fuel, gas price hikes
Left parties in Vijayawada blocked a national highway to protest fuel and gas price hikes. Protesters accuse the Central and State governments of imposing excessive taxation on petroleum products.
- Tech industry wins big in California primary election with millions spent paying off
The tech industry secured significant political influence in California's primary election through substantial campaign spending, despite a low rank for its preferred governor candidate. Silicon Valley's focus on countering regulation, taxation, and promoting AI growth was reinforced by strategic donations to smaller elections.
- Tech industry wins big in California primary election with millions spent paying off
The tech industry in California saw significant success in the primary election through substantial financial investments in candidates, despite their preferred governor candidate finishing sixth. The strategy focused on securing favorable candidates to counter regulations, taxes, and promote AI growth.
- Australia moves to tax Meta, Google and TikTok to fund newsrooms
Australia is proposing to tax Meta, Google, and TikTok a proportion of their revenue to fund news reporters. The government plans to introduce the draft legislation to Parliament by July.
- 'We cannot tax our way to growth,' says CBI boss Rain Newton-Smith
CBI boss Rain Newton-Smith argues that increasing taxes will not drive economic growth, cautioning against relying on taxation as a primary tool for stimulating the economy.