Russia’s president has signaled an increase in income and corporate taxes that will help finance the war. The move reflects his firm control over Russian policy.
Tag: Taxation
Why a Liberal Premier Wants to Pause a Carbon Tax Increase
Andrew Furey, Canada’s only Liberal premier, recently asked the Liberal federal government to suspend the scheduled increases.
The Zombies of the U.S. Tax Code: Why Fossil Fuels Subsidies Seem Impossible to Kill
For the fourth year in a row, President Biden is trying to eliminate federal tax breaks for coal, oil and gas companies. But fossil fuel subsidies have proven difficult to stop.
Spending More Money on Police Shows No Clear Link to Lower Crime Levels
A study led by researchers in Toronto found that crime had risen in several cities along with increases in spending.
Australia Aims to ‘Stamp Out’ Vaping With Sweeping Regulations
The proposal would ban all single-use, disposable vapes, halt the importation of nonprescription vapes and restrict certain flavors, colors and ingredients.
Gambling’s Spread
The popularity of sports betting has exploded in recent years in the U.S.
UK Announces Billions in Tax Increases and Spending Cuts
The government is betting that the plan will put public finances back on sound footing but acknowledges that the measures are likely to deepen the economic misery for Britons.
Under Fire, New U.K. Leader Retreats on Economic Strategy
Fighting for her political survival, Prime Minister Liz Truss fired her top ally and reversed course on tax-cutting plans, trying to shore up financial markets and her poll ratings.
Amid Turmoil, Can Truss Afford to Hold on to Tax-Cutting Plan?
Prime Minister Liz Truss and her chancellor of the Exchequer, Kwasi Kwarteng, say they are holding steady on their plans, but experts believe concessions are inevitable.
The Purpose of Extra-Large Marshmallows? A U.K. Court Weighs In
A British tribunal considered how a slightly larger marshmallow might be taxed by evaluating its taste, size and packaging.