Politics ❯Government Policy ❯Fiscal Policy

Taxation

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South Korea Unveils Broad Tax Overhaul to Strengthen Fiscal Base

The measures aim to secure 2.6 trillion won in extra revenue next year to finance President Lee’s expansionary budget.

European Commission Withholds €1.1 Billion From Spain’s Recovery Payment Over Delayed Reforms

UK Living Standards to Stall Through the Late 2020s

Japan’s PM Rejects Debt-Funded Tax Cuts as Economy Contracts and Fiscal Woes Deepen

Baden-Württemberg Municipalities Face Revenue Shortfalls and Budget Freezes

North Rhine–Westphalia Threatens to Block Commuter Tax Reform Over Funding Dispute

Wauquiez Pressures Retailleau Over Party Independence Ahead of LR Leadership Vote

French Government Weighs Ending 10% Tax Deduction for Retirees

UK Government Proposes Expanded HMRC Powers to Address Tax Avoidance

Starmer Signals Fiscal Adjustments as Reeves Faces Pressure to Meet Borrowing Rules

UK Government Faces Mounting Pressure as Bond Yields Hit 27-Year High

Berlin's CDU-SPD Coalition Faces Backlash Over $3 Billion Budget Cuts

Labour Scraps Child Benefit Reform, Impacting 700,000 Families

Oasis Reunion Boosts UK Retail Spending Despite Economic Concerns

Bank of England Expected to Pause Interest Rate Cuts Amid Inflation Concerns

Potential Fuel Duty Increase Looms in Upcoming Budget