Tax Policy

Trump's Ambitious Tax Cuts: Challenges and Potential Outcomes
Economic & Fiscal Trump's Ambitious Tax Cuts: Challenges and Potential Outcomes

Trump's ambitious tax cuts aimed at stimulating economic growth and increasing disposable income for American citizens have faced several challenges and raised questions about their potential long-term outcomes. The plan focuses on reducing corporate tax rates, simplifying the tax code, and

Canada's Tax Proposals Deferred Amid Political Disharmony and Backlash
Economic & Fiscal Canada's Tax Proposals Deferred Amid Political Disharmony and Backlash

The recent developments surrounding the Canadian government's capital gains tax proposals have sparked significant debate and controversy. Initially introduced with the aim of reforming the capital gains tax structure, these proposals have faced substantial criticism for their potential adverse

How Will Vietnam's 2025 Tax Policies Boost Economic Growth?
Economic & Fiscal How Will Vietnam's 2025 Tax Policies Boost Economic Growth?

The Vietnamese government has announced a continuation and enhancement of various tax relief measures for 2025, designed to support domestic businesses and stimulate economic growth during challenging times. The comprehensive policy strategy includes reductions and deferrals of taxes and fees,

Trump Advocates Tariff-Based Tax System Over Income Tax for Federal Funding
Economic & Fiscal Trump Advocates Tariff-Based Tax System Over Income Tax for Federal Funding

Former President Donald Trump has recently advocated for abolishing the income tax in favor of a tariff-based revenue system for federal funding, reigniting a longstanding debate in U.S. tax policy and stirring various discussions on its feasibility and potential impact. Trump's proposals align

Maryland Faces Budget Shortfall from Inheritance Tax Repeal
Government Maryland Faces Budget Shortfall from Inheritance Tax Repeal

The Moore administration in Maryland recently proposed eliminating the state’s inheritance tax starting in the fiscal year 2026. This move is part of a broader fiscal strategy aimed at addressing a projected $3 billion shortfall in the state’s budget. However, the proposal has led to unintended

How Will Governor Healey's Budget Impact Massachusetts Residents?
Economic & Fiscal How Will Governor Healey's Budget Impact Massachusetts Residents?

Massachusetts Governor Maura Healey has introduced a comprehensive budget that proposes a range of tax adjustments, policy measures, and transportation investments. While Healey insists that there will be no increase in taxes, her budget includes applying existing taxes to some new products and

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