Tax Policy

Can Higher Taxes for Emergency Services Address Victoria’s Deficit?
Economic & Fiscal Can Higher Taxes for Emergency Services Address Victoria’s Deficit?

The Victorian government has announced a series of tax hikes to address the state's rising deficit, which has grown by $1.4 billion more than forecasted in the May budget, partly due to additional funding for state hospitals. From July 1 next year, the existing Fire Services Levy, which is

December 13, 2024
Will New Inheritance Tax Policies Cripple UK Farmers' Futures?
Economic & Fiscal Will New Inheritance Tax Policies Cripple UK Farmers' Futures?

The subject of this analysis revolves around the ongoing protests by UK farmers against the recently proposed changes to inheritance tax policies. These changes have ignited a wave of concern among farmers, who perceive them as a significant threat to their livelihoods and the future of the

December 11, 2024
Should More Taxes Be Devolved to Empower Local Governments?
Government Should More Taxes Be Devolved to Empower Local Governments?

The pressing question of whether more taxes should be devolved to empower local governments continues to ignite heated debates among policymakers and scholars alike. Advocates argue that granting local governments greater control over their financial resources could substantially improve public

December 10, 2024
Can the GOP Unite to Navigate Trump's Ambitious Legislative Agenda?
Economic & Fiscal Can the GOP Unite to Navigate Trump's Ambitious Legislative Agenda?

The Republican Party is facing significant internal conflicts and challenges as it prepares for the new Congress. Despite having control over both Capitol Hill and the White House, the GOP's ambitious plans are mired in disagreements over which issues to prioritize and the potential

December 10, 2024
GOP Aims to Extend Tax Cuts Amid Deficit Concerns and Economic Debates
Economic & Fiscal GOP Aims to Extend Tax Cuts Amid Deficit Concerns and Economic Debates

With the results of the November election ensuring both a Republican-controlled Congress and President-elect Donald Trump poised to return to the White House, the GOP is gearing up to implement an ambitious policy agenda within their first 100 days in office. Central to this plan is the extension

December 2, 2024
Louisiana Legislators Tackle Challenges of Proposed Income Tax Cuts
Economic & Fiscal Louisiana Legislators Tackle Challenges of Proposed Income Tax Cuts

Louisiana's legislative body is currently grappling with the complexities of Governor Jeff Landry’s ambitious proposal to overhaul the state’s tax system. The plan, which includes significant cuts to personal and corporate income taxes, has sparked a vigorous debate among lawmakers about how to

November 21, 2024
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