South Africa postpones budget in 'unprecedented' step DW 02/19/2025South Africa postponed its budget speech due to coalition disagreements over tax hikes, marking a significant political shift.
California Legislature approves budget that slashes spending to address $46.8 billion deficitCalifornia lawmakers approved a budget with spending cuts and temporary tax increases due to a large deficit.
South Africa postpones budget in 'unprecedented' step DW 02/19/2025South Africa postponed its budget speech due to coalition disagreements over tax hikes, marking a significant political shift.
California Legislature approves budget that slashes spending to address $46.8 billion deficitCalifornia lawmakers approved a budget with spending cuts and temporary tax increases due to a large deficit.
Budget 2024: Reeves reveals 40bn in tax rises as she promises to rebuild public servicesLabour's first budget in 15 years introduces £40 billion in tax rises to address public service decline and aims for fiscal stabilization.
Labour needs 25bn a year in tax rises to rebuild public services, warns IFSKeir Starmer's commitment to end austerity necessitates substantial tax increases, challenging Labour's manifesto promises against raising taxes on working people.
Hochul's insane $252 billion state budget sets fire to taxpayer moneyGov. Hochul's proposed $252 billion budget signifies continued reckless spending amidst existing debt and a declining population.The budget includes increased Medicaid costs without corresponding care improvements.
Faisal Islam: Don't expect rabbits, this will be a Budget for boffinsRachel Reeves will present a Budget characterized by fiscal responsibility and thorough economic analysis, in stark contrast to previous mini-Budget chaos.
UK firms mull biggest layoffs in a decade as business confidence slumpsUK employers face unprecedented redundancy levels due to rising taxes and economic uncertainty,
Budget 2024: Reeves reveals 40bn in tax rises as she promises to rebuild public servicesLabour's first budget in 15 years introduces £40 billion in tax rises to address public service decline and aims for fiscal stabilization.
Labour needs 25bn a year in tax rises to rebuild public services, warns IFSKeir Starmer's commitment to end austerity necessitates substantial tax increases, challenging Labour's manifesto promises against raising taxes on working people.
Hochul's insane $252 billion state budget sets fire to taxpayer moneyGov. Hochul's proposed $252 billion budget signifies continued reckless spending amidst existing debt and a declining population.The budget includes increased Medicaid costs without corresponding care improvements.
Faisal Islam: Don't expect rabbits, this will be a Budget for boffinsRachel Reeves will present a Budget characterized by fiscal responsibility and thorough economic analysis, in stark contrast to previous mini-Budget chaos.
UK firms mull biggest layoffs in a decade as business confidence slumpsUK employers face unprecedented redundancy levels due to rising taxes and economic uncertainty,
Ohio Governor Considers 40% Tax Rate On Sports BettingOhio to potentially double sports betting tax from 20% to 40%.Increased tax revenue aimed at funding youth sports and Cleveland Browns' new stadium.
UK manufacturing chills as tax rises stifle demandUK manufacturing faces contraction due to tax increases and economic uncertainty, resulting in job losses and diminished business confidence.
Consumer confidence dips ahead of Labour's first Budget as concerns over tax rises growConsumer confidence in the UK fell in October, driven by fears of upcoming tax increases and fiscal tightening overshadowing falling inflation.
UK manufacturing chills as tax rises stifle demandUK manufacturing faces contraction due to tax increases and economic uncertainty, resulting in job losses and diminished business confidence.
Consumer confidence dips ahead of Labour's first Budget as concerns over tax rises growConsumer confidence in the UK fell in October, driven by fears of upcoming tax increases and fiscal tightening overshadowing falling inflation.
Retail job cuts inevitable with SME hiring already halved in last year - London Business News | Londonlovesbusiness.comUK retailers face inevitable job losses and increased prices due to a £7 billion hit from tax increases,
New Look speeds up store closures as budget fallout bitesNew Look plans to close a quarter of its stores due to rising costs and tax impacts.
Retail job cuts inevitable with SME hiring already halved in last year - London Business News | Londonlovesbusiness.comUK retailers face inevitable job losses and increased prices due to a £7 billion hit from tax increases,
New Look speeds up store closures as budget fallout bitesNew Look plans to close a quarter of its stores due to rising costs and tax impacts.
fromBusiness Matters3 months agoLandlords defy tax hike as buy-to-let share of market edges higherDespite new tax increases, landlords are maintaining a significant presence in the property market, countering expectations of reduced buy-to-let activity.
California Gov. Gavin Newsom signs budget to close $46.8 billion budget deficitCalifornia signed a budget to address a $46.8 billion deficit through spending cuts and temporary tax increases, impacting progressive policies amid economic challenges.
Budget tax raid could lead to job cuts and reduced shifts for the hospitality sector - London Business News | Londonlovesbusiness.comThe night time economy is facing significant challenges due to tax increases and rising living costs, impacting both employees and consumers.
UK's largest retailers warn job losses is 'inevitable' after Labour's Budget - London Business News | Londonlovesbusiness.comJob losses and price hikes are inevitable for UK retailers due to new tax increases amounting to £7 billion.
California Gov. Gavin Newsom signs budget to close $46.8 billion budget deficitCalifornia signed a budget to address a $46.8 billion deficit through spending cuts and temporary tax increases, impacting progressive policies amid economic challenges.
Budget tax raid could lead to job cuts and reduced shifts for the hospitality sector - London Business News | Londonlovesbusiness.comThe night time economy is facing significant challenges due to tax increases and rising living costs, impacting both employees and consumers.
UK's largest retailers warn job losses is 'inevitable' after Labour's Budget - London Business News | Londonlovesbusiness.comJob losses and price hikes are inevitable for UK retailers due to new tax increases amounting to £7 billion.
Sainsbury's and M&S warn Budget may push up pricesNational Insurance tax increases are likely to lead to higher prices for consumers in the UK as companies struggle with increased costs.
Business Owners Criticise Tax Hikes, Urge Chancellor Not to Hinder GrowthRecent tax increases pose a serious threat to the growth and sustainability of family businesses, sparking significant concern among entrepreneurs.
Wetherspoons warns of pint price rise as budget adds 60m in costsWetherspoon warns of potential pint price increases due to £60 million surge in costs following tax measures in Chancellor's Budget.
Sainsbury's and M&S warn Budget may push up pricesNational Insurance tax increases are likely to lead to higher prices for consumers in the UK as companies struggle with increased costs.
Business Owners Criticise Tax Hikes, Urge Chancellor Not to Hinder GrowthRecent tax increases pose a serious threat to the growth and sustainability of family businesses, sparking significant concern among entrepreneurs.
Wetherspoons warns of pint price rise as budget adds 60m in costsWetherspoon warns of potential pint price increases due to £60 million surge in costs following tax measures in Chancellor's Budget.
Higher taxes for cheaper childcare? 3 localities are voting on it and we want to hear from you.Cities are using tax hikes to increase funding for childcare, aiming to support low-income and middle-class families.
Budget 2024: Record 40bn tax hike set to slow UK economic growth, warns OBRChancellor Rachel Reeves' Budget introduces a £40bn tax rise, raising concerns about its potential negative impact on long-term economic growth.
Rachel Reeves bets on public spending increases in budget winning over votersBritain's new chancellor announced significant tax hikes to fund urgent public service improvements, while avoiding burdening working-class citizens.
Budget 2024: Record 40bn tax hike set to slow UK economic growth, warns OBRChancellor Rachel Reeves' Budget introduces a £40bn tax rise, raising concerns about its potential negative impact on long-term economic growth.
Rachel Reeves bets on public spending increases in budget winning over votersBritain's new chancellor announced significant tax hikes to fund urgent public service improvements, while avoiding burdening working-class citizens.
Ministers complain to Treasury over spending cutsCabinet ministers are alarmed by proposed departmental cuts and a potential £40 billion funding gap, raising concerns about significant tax increases.
Business owners speed up plans to sell amid fears of tax rises in upcoming budgetNearly 30% of UK business owners are accelerating plans to sell due to fears of tax increases, particularly capital gains tax.
Businesses rush to sell ahead of potential Labour tax hikesFears of tax increases under Labour government driving surge in business sales.
Business owners speed up plans to sell amid fears of tax rises in upcoming budgetNearly 30% of UK business owners are accelerating plans to sell due to fears of tax increases, particularly capital gains tax.
Businesses rush to sell ahead of potential Labour tax hikesFears of tax increases under Labour government driving surge in business sales.
Report Finds Trump's Economic Policies Would Raise Taxes for Everyone - Except the Top 5 PercentTrump's tax policy would raise taxes on the middle class by an average of $1,500 while cutting taxes for the wealthiest Americans.
Austerity for ImmigrationFrance's new budget plan emphasizes two-thirds spending cuts and one-third tax increases to address a growing deficit and economic inequality.
Report Finds Trump's Economic Policies Would Raise Taxes for Everyone - Except the Top 5 PercentTrump's tax policy would raise taxes on the middle class by an average of $1,500 while cutting taxes for the wealthiest Americans.
Austerity for ImmigrationFrance's new budget plan emphasizes two-thirds spending cuts and one-third tax increases to address a growing deficit and economic inequality.
Budget 2025 Key Dates: When will double Child Benefit land, when will fuel and cigarettes rise?The €2.2bn cost-of-living package includes immediate tax increases and forthcoming support payments for families, set to roll out over the coming months.
Fear of a Truss repeat should not deter Reeves from rewriting spending rules | Richard PartingtonRachel Reeves is planning to reveal unaccounted spending commitments by the Conservatives and highlight the fiscal challenges left unaddressed, setting the stage for potential tax increases.
Walters: Newsom shuns tax increases yet budget levies billions on businessesGov. Newsom insists on living within means and rejects corporate tax hikes despite indirect increases in the revised state budget.
California's New Budget Will Make Major Cuts to Public ProgramsCalifornia's budgetary transformation from chaos to stability is attributed to tax increases and a focus on building a rainy day fund.
Opinion | Want to fix Social Security? The Well-Off Must Accept Smaller Checks.Social Security trust funds projected to be depleted in 11 years, necessitating a combination of tax increases and benefit cuts for a lasting fix.
California Supreme Court to rule on high-stakes battle over ballot measure restricting tax increasesThe California Supreme Court will hear oral arguments on the legality of a ballot measure that could significantly impact the balance of power between business and labor.
fromwww.mercurynews.com9 months agoHeads up, drivers: California and 6 other states will pump up gas taxes on July 1Gas prices rising with state tax increases in various states.
Sunak doubles down on misleading' Labour 2,000 tax rise claimRishi Sunak stands by disputed claim that Labour Party will increase taxes, citing clear choice in election.