Tax Policy

Senator Eric Schmitt Discusses GOP Priorities After Trump's 2024 Win
Economic & Fiscal Senator Eric Schmitt Discusses GOP Priorities After Trump's 2024 Win

Shortly after Donald Trump’s resounding victory in the 2024 presidential election, U.S. Senator Eric Schmitt, a Republican from Missouri, sat down with St. Louis Public Radio to discuss the GOP’s anticipated legislative priorities. With the Republican Party now controlling the White House, the U.S.

November 12, 2024
Labour's First Budget in 14 Years: Tax Hikes, Cuts, and Investments
Economic & Fiscal Labour's First Budget in 14 Years: Tax Hikes, Cuts, and Investments

On October 30, Chancellor Rachel Reeves will unveil the first Labour Budget in 14 years amid an economically challenging landscape. This highly anticipated event will feature significant financial reforms marked by tax increases and spending cuts, aimed at addressing what Labour describes as an

October 29, 2024
NSW Health Insurance Tax Hike May Increase Premiums and Drop Coverage
Public Services & Infrastructure NSW Health Insurance Tax Hike May Increase Premiums and Drop Coverage

The New South Wales (NSW) government's recent move to raise taxes on private health funds is set to have far-reaching implications for insurance premiums and the healthcare system. Under the new legislative change, insurers could face a tax hike up to $3.27 per person per week, substantially

October 28, 2024
Will Tax Hikes and New Laws Push UK Retailers to Breaking Point?
Economic & Fiscal Will Tax Hikes and New Laws Push UK Retailers to Breaking Point?

The UK retail sector is bracing for a potentially turbulent end to the year as the government contemplates tax hikes that could drastically impact consumer spending during the crucial Golden Quarter. A recent survey conducted by RSM UK paints a grim picture: 42% of consumers and 45% of families are

October 24, 2024
Revitalizing Canada's Economy: Tax Reform and Investment Incentives Needed
Government Revitalizing Canada's Economy: Tax Reform and Investment Incentives Needed

Canada is facing a profound economic challenge. With stagnant per capita income levels and widening wealth gaps compared to the United States, the urgency to implement strategic economic reforms has never been more critical. Fundamentally, underperformance in private sector investment and

October 23, 2024
Challenges and Progress in International Tax Policy and Cooperation
Economic & Fiscal Challenges and Progress in International Tax Policy and Cooperation

International tax policy is a complex and ever-evolving field marked by ongoing challenges and significant progress. Bob Stack, a recently retired managing director at Deloitte's Washington National Tax group and former deputy assistant secretary for international tax affairs in the US

October 18, 2024
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