| 单词 | tax hike |
| 例句 | He didn’t know about the war that took the men and boys from the village, or understand the magistrate’s tax hike. Anya and the Dragon 2019-09-24T00:00:00Z Obamacare’s litany of tax hikes In one sense, all of this is a sideshow. Obama Administration: Obamacare's Individual Mandate 'is a Tax' 2012-07-06T16:15:36Z Despite the tax hike, state government remains mired in debt, limiting Quinn and legislative leaders' ability to move Illinois forward. Tribune/WGN-TV poll: Quinn still unpopular 2012-02-10T04:01:00Z The compromise designers also could choose to lay out a "parade of horribles" that no one wants — unacceptable reductions in Medicare or tax hikes — to force lawmakers to agree to less onerous steps. Debt crisis focus shifts to Senate 2011-07-30T03:46:00Z It does, however, include a property tax hike that will lead to a 2.4 percent increase on taxpayers' bills. CPS board to take up property tax hike 2011-08-24T15:42:00Z Failure to extend the payroll tax holiday by year’s end would hit workers with an average $1,000 tax hike on Jan. 1, a prospect both parties want to avoid. GOP: Charge wealthy more for Medicare 2011-11-30T23:02:00Z There was then-Stoke City striker James Beattie, who explained his aversion to Labour thusly: "Obviously this tax hike is a big concern for me and other footballers." The Tory fundraising ball that lays bare the crisis facing Celebrity Conservatism 2013-02-07T18:50:15Z He refused to provide details about the new tax hike. Indonesians scramble to keep Hollywood films 2011-02-21T13:01:06Z In related news: As the city prepares to vote on Measure M, a sales tax hike that would support public transport, Alissa Walker looks at attitudes towards public transport in L.A. Essential Arts & Culture: A wondrous Hedwig, Renaissance music remade, Boyle Heights gallery crimes 2016-11-04T04:00:00Z In January, he tweeted a series of questions toward Trump, asking for his thoughts on health care, guns, executive authority, tax hikes and whether he had repented for his “many affairs w/ married women.” As the GOP’s anti-Trump, Ben Sasse picked a big fight. What would it mean to win? 2016-06-20T04:00:00Z Earlier in the day, McConnell split publicly from his House colleagues and issued a statement saying Americans "shouldn't face the uncertainty of a tax hike." House GOP leaders yield on payroll tax 2011-12-23T02:49:00Z The CBO’s view appears to make generous assumptions about future economic growth, given the law’s substantial tax hikes and the overall condition of the economy. CBO Guesstimates that Obamacare Will Cover 3 Million Less People after the Supreme Court, Saving $84 Billion 2012-07-24T19:15:10Z The mayor previously said that a tax hike is off the table to close a $635 million shortfall at City Hall because there are too many inefficiencies in city government. Emanuel defends tax hike for schools 2011-08-09T17:08:00Z An adviser to President Trump who once compared Obama-era tax hikes on corporations to Hitler invading Poland is bound to have some enemies. The Man Who Bought New York 2018-05-05T04:00:00Z Second, as with Social Security, tax hikes are not the solution. Mitt Romney's Vaguely Promising Plan for Entitlement Reform 2011-11-05T19:41:51Z A property tax hike for Chicago Public Schools and proposed water and sewer fee increases have Chicagoans starting to feel squeezed, said freshman Ald. Aldermen send 'Dear Rahm' letter 2011-11-02T05:01:00Z The biggest problems with California are the state’s fiscal mess, which raises the specter of more tax hikes, and its high cost of living, which translates into stratospheric real estate costs. Why Florida Is Losing Its Grip on Retirees 2016-04-04T04:00:00Z Republicans have consistently opposed any measures resembling tax hikes, saying they will hurt the struggling U.S. economy by increasing the burden on job-creating businesses. Obama offers $3 trillion debt plan 2011-09-19T16:19:02Z That was the year of the massive Reagan tax hike. Hustler’s denigrating S.E. Cupp “satire” 2012-05-24T20:30:00Z In January, the Morris Democrat voted for a tax hike backed by Quinn and days later was appointed to the parole board. Burke's daughter gets $117,000-a-year post 2011-07-28T00:05:00Z They called for Quinn to keep working with a bipartisan group of lawmakers to find more reforms and cuts in the Medicaid program rather than tax hikes. Quinn wants deep cuts, $1-a-pack cigarette tax hike for Medicaid 2012-04-19T18:41:00Z The 30% minimum rate would probably mean a tax hike for many top earners. Obama calls for millionaires' tax in address 2012-01-25T02:33:00Z Enclosed in them, the candidate’s message: The economy is booming, so let’s not empower the party of tax hikes and handouts. ‘Hi, I’m Oprah’: The Georgia governor’s race is at full boil — and now the cavalry has arrived 2018-11-02T04:00:00Z Instead of a tax hike, the mayor or council should have been brave enough to pull the plug on the Participatory Budget and used that money instead. Seattle’s $27 million experiment in participatory budgeting is not worth repeating | Editorial 2023-11-14T05:00:00Z “It’s not committing us to any action, not saying we’re going to go for a tax hike, it’s developing options.” King County weighs whether to seek $1 billion for climate, environment 2023-11-10T05:00:00Z Details on the income tax hike will be discussed by the ruling party's influential tax panel toward the year end, the paper said. Japan considering $33 bln spending on payouts, tax cut to counter inflation -sources 2023-10-25T04:00:00Z To secure the rescue loans, successive Greek governments undertook to impose painful spending cuts and tax hikes while broadly reforming the economy and balancing the state budget. Greek economy wins new vote of confidence with credit rating upgrade and hopes for investment boost 2023-10-20T04:00:00Z At a time when the country is wrestling with rising inflation, skyrocketing fuel prices and tax hikes, Kenya is seeing a surge in the number of unlicensed people acting as lawyers, officials say. Influx of Fake Lawyers Rattles Kenya 2023-10-17T04:00:00Z But the opposition party is wary of promising big public spending increases that would require tax hikes. UK’s opposition Labour Party says if elected it will track down billions lost to COVID-19 fraud 2023-10-09T04:00:00Z Ruto has faced a series of nationwide protests over the high cost of living and tax hikes since he took power in August 2022. Kenya President reshuffles cabinet, swaps foreign affairs minister 2023-10-04T04:00:00Z Dozens successfully appealed staggering property tax hikes in 2012, and residents spent years fighting the county in federal court for basic services such as firefighting equipment and trash collection before county officials settled last year. Slave descendants vow to fight on after Georgia county approves larger homes for island enclave 2023-09-12T04:00:00Z In 2012, dozens of Hogg Hummock residents and landowners flocked to the county courthouse to appeal soaring property values that led to big tax hikes. Slave descendants on Georgia island face losing protections that helped them keep their land 2023-09-07T04:00:00Z It would require that any ballot proposal to raise the voter threshold for tax hikes also be passed by the same voter threshold. Column: Raising Cain in Sacramento over ease of raising taxes 2023-08-28T04:00:00Z Doing so will require limits on spending, consideration of tax hikes, and improved regulation of banks to avoid costly blow-ups, they wrote. No real fix to the sharp rise in public debt loads, economists say 2023-08-26T04:00:00Z French media had over the past days reported that the government was contemplating potential tax hikes to help tighten the budget. French Prime Minister: not planning tax hikes for households 2023-08-23T04:00:00Z As Biden celebrates one year of his tax hike, American families are paying more for less. Trump trials to create a media frenzy not seen in decades 2023-08-16T04:00:00Z In July, consumer prices soared nearly 10% sequentially due to tax hikes and a lira crash. Turkey inflation: Erdogan's policy U-turn tests patience 2023-08-10T04:00:00Z Maduro's ruling socialists have sought to control creeping prices by cutting public spending, imposing credit limits and tax hikes since the end of 2021. Venezuela's bolivar weakens against the U.S. dollar as inflation rages 2023-08-03T04:00:00Z Police clashed with demonstrators in Nairobi on Thursday in the second of three days of planned nationwide protests against soaring food and fuel prices and steep tax hikes. Kenya Stares Into ‘Abyss’ as Soaring Prices and Feuding Leaders Bring Chaos 2023-07-20T04:00:00Z The opposition called for a series of protests after tax hikes were introduced last month by the government of President William Ruto. Kenya Azimio demonstrations: Schools shut as police battle protesters 2023-07-19T04:00:00Z Kenya is braced for the latest in a series of opposition protests against the rising cost of living and tax hikes, which have turned violent, with at least 24 people killed in recent months. Kenya demonstrations: 'I feel betrayed by William Ruto' 2023-07-18T04:00:00Z This month, forecasts by five economists show them rising between 5.5% and 8.5%, with fallout from mid-July tax hikes lagging into August. Turkey inflation: Erdogan's policy U-turn tests patience 2023-08-10T04:00:00Z The visit comes as Turks are hit with sales and fuel tax hikes that Finance Minister Mehmet Simsek has said are necessary to restore fiscal discipline and bring inflation down. Turkey’s Erdogan heads to Gulf seeking funds for ailing economy 2023-07-17T04:00:00Z Kenya's High Court suspended the tax hikes, but the government has raised petrol prices anyway, leading to a further court challenge. Kenya opposition calls for third anti-tax protest on July 19 2023-07-13T04:00:00Z "Labour offers nothing but flip flop after flip flop, from tax hikes to tuition fees - showing there is no guarantee that they will even stick to their word," Ms Keegan said. Labour leader pledges education reforms to break class barriers 2023-07-05T04:00:00Z In 2017, county voters passed Measure H, a sales tax hike to pay for apartment vouchers and social services for unhoused residents. Faced with another bad homelessness count, L.A. reacts with frustration 2023-06-30T04:00:00Z Ruto, who took office nine months ago, is pushing through a raft of tax hikes as part of his maiden budget, sparking sharp resistance from the opposition, ordinary people and businesses. Kenyan lawmakers vote to double fuel tax, impose housing levy 2023-06-22T04:00:00Z The roadmap will also say the government will use non-tax revenues to fund an increase in defence spending, so that tax hikes could wait until "2025 or later", the draft showed. Japan's Kishida to focus on spending, wages in policy roadmap - draft 2023-06-15T04:00:00Z There is uncertainty on how the government will fund the measures, with Kishida ruling out the chance of a near-term tax hike, stoking fears of a worsening of Japan's already tattered finances. Japan's Kishida to unveil new child care plan amid election rumours 2023-06-13T04:00:00Z “We have the highest gas tax in the nation, and our roads are still in very poor condition,” said Jon Coupal, president of the Howard Jarvis Taxpayers Association, a California group opposing tax hikes. Car-obsessed California seeks to follow New York’s lead and save public transit 2023-06-09T04:00:00Z Many analysts say it will take a combination of spending cuts and tax hikes to meaningfully change the country’s financial trajectory. Speaker McCarthy eyes new commission to tackle nation’s debt, but many Democrats are wary 2023-06-08T04:00:00Z However, the government is struggling to secure sources of funding as Kishida has ruled out sales tax hikes as an option. Japan PM orders about $26 bln to be set aside for childcare 2023-05-31T04:00:00Z Swagel provided 17 policy options for reducing the debt, six of which were tax hikes that could raise trillions of dollars over 10 years. Debt limit deal is in place, but budget deficit is still a multi-decade challenge for US government 2023-05-30T04:00:00Z That would mean even deeper program cuts or steeper tax hikes in a state where tax rates already are among the highest — if not the highest — in the nation. Column: Newsom's budget math doesn't add up 2023-05-29T04:00:00Z Republicans say tax hikes are a nonstarter, especially given inflation and other economic uncertainties. McCarthy should be ‘saving the country,’ says Freedom Caucus in debt limit fight 2023-05-23T04:00:00Z It was the biggest yearly decline since fiscal 2014 when the sales tax hikes stoked broader increases in prices and pushing real wages down by 2.9%. Japan fiscal 2022 real wages fall most in 8 years as inflation bites 2023-05-23T04:00:00Z Republicans say tax hikes are a non-starter, especially given inflation and other economic uncertainties. Biden, McCarthy ramp up debt limit negotiations after ‘productive’ White House summit 2023-05-22T04:00:00Z We in the news media dutifully report the highlights of every annual state budget — its size, the governor’s priorities, any tax hikes — but most stuff never gets mentioned. Buried fees, cuts and some gems in Newsom's budget, and thankfully no major tax increase 2023-05-15T04:00:00Z Despite the 2017 approval of the Measure H local sales tax hike to fund homelessness programs, nonprofit leaders told the researchers that they don’t receive enough government funding to raise wages. L.A. County homeless services workers can't afford housing themselves, study finds 2023-05-15T04:00:00Z The Republican package would not revoke the IRA's corporate tax hikes and price controls on pharmaceuticals, which drew the most vocal opposition from business groups. Solar, EV firms say Republicans' debt limit a 'stunt' that could cost jobs 2023-04-27T04:00:00Z House Republicans are under fire for proposing to repeal more than $200 billion of President Biden’s green energy tax credits after having campaigned on opposing tax hikes. House GOP debt limit plan undercuts pledge not to hike taxes by scrapping Biden green energy credits 2023-04-25T04:00:00Z McCarthy's plan would not repeal two tax hikes secured by Democrats in last year's Inflation Reduction Act: a 15% minimum tax on large corporations and a 1% excise tax on stock buybacks. Explainer: Tax cuts, balanced budget: What's not in Republican McCarthy's debt plan? 2023-04-21T04:00:00Z “In this hearing, we will discuss the impact of tax hikes on small businesses and how the Biden administration’s tax plan will impact Main Street,” the committee noted in a statement to Inside the Beltway. Americans waste billions of hours, bucks preparing for the tax man 2023-04-17T04:00:00Z However, some companies were worried about the rise in interest rates by the Bank of England and finance minister Jeremy Hunt's corporate tax hikes. UK service firms report second month of growth as prospects improve -PMI 2023-04-05T04:00:00Z Property tax hikes affect both property owners and renters, as landlords often cite the increases as justification for raising rent. Facing new 'urgency', Seattle could triple affordable housing levy 2023-03-30T04:00:00Z Yet by proposing to nix tax credits that individuals and companies are relying on, at least one fiscal expert said House Republicans could in effect be pushing through a backdoor tax hike. House GOP debt limit plan undercuts pledge not to hike taxes by scrapping Biden green energy credits 2023-04-25T04:00:00Z Taking account of tax hikes and other offsets in the budget, Shenfeld doesn't expect the overall implication for inflation to be enough to sway the BoC. Canada's fiscal spending moves out of step with overheating economy 2023-03-29T04:00:00Z The nine-year property tax hike also promises about 100 new residential treatment beds and better pay for care providers. Crisis Care Centers Levy: $1.25 billion of good medicine or bad policy? | Alex Fryer 2023-03-24T04:00:00Z Regarding the March 16 Metro article “Elrich pitches tax hike to cover schools’ needs”: Opinion | Montgomery County’s unfair assessments compound a tax increase 2023-03-22T04:00:00Z The Scotch Whisky Association said distillers were "not just livid, but insulted" and called for a reversal of the tax hike, which starts from August. Chancellor defends hike in duty on Scotch whisky 2023-03-16T04:00:00Z To pay for the surge, he wants $5.5 trillion in tax hikes. Biden’s budget czar draws a blank on how to rescue Social Security from insolvency 2023-03-15T04:00:00Z Republicans are determined to avoid tax hikes and to preserve tax cuts for the wealthy implemented under former President Donald Trump. U.S. Senate Democrats, Republicans to battle over spending amid bank collapse 2023-03-15T04:00:00Z In the short term, households struggling with high inflation and tax hikes that Hunt announced in November can expect a three-month extension of energy bill subsidies. Hunt, hemmed in by debt, set to focus on growth in UK budget 2023-03-14T04:00:00Z Just a few days after proposing a budget that calls for trillions in new tax hikes on the rich and corporations, Biden tried to cast his administration’s bank intervention as part of his economic populism. Biden agreed to plan for bank depositors after initial concerns 2023-03-13T04:00:00Z But Mr. Biden’s tax hike would negatively impact middle and upper-class families the most. Biden’s corporate tax hike could kill 138,000 jobs, review finds 2023-03-10T05:00:00Z Republicans were also quick to pan the proposed tax hikes, which they maintain depress economic growth and make the U.S. economy less dynamic. Biden calls for trillions in tax hikes and new domestic spending 2023-03-09T05:00:00Z “It’s a campaign wishlist of tax hikes and fuzzy math that would do nothing to help Hoosiers struggling with Biden’s inflation crisis,” Mr. Braun said. Biden dreams of more taxes, more IRS agents in his big-spending budget 2023-03-09T05:00:00Z The proposed budget contains trillions of dollars in tax hikes on wealthy Americans and corporations, including an increase in the general corporate rate to 28% from the current 21%. US Treasury eyes effective hike in overseas corporate minimum tax to 21% 2023-03-09T05:00:00Z Mr. Biden unveiled the tax hikes in his annual budget proposal for fiscal 2024, which the White House claims will reduce the federal deficit by more than $3 trillion over the next decade. Biden’s wish list includes slew of tax hikes on corporations, capital gains, income and the wealthy 2023-03-09T05:00:00Z “It’s a campaign wishlist of tax hikes and fuzzy math that would do nothing to help Hoosiers struggling with Biden’s inflation crisis.” Biden’s corporate tax hike could kill 138,000 jobs, review finds 2023-03-10T05:00:00Z To help pay for the program, the president proposed a slew of new tax hikes totaling more than $5.5 trillion over the next decade. Biden’s budget resurrects Democrats’ plan to give everyone 12 weeks of paid family leave 2023-03-09T05:00:00Z “The Biden tax hikes will raise the cost of goods and services for everyone, and make American workers and businesses less competitive internationally and vs. China,” he said. Biden dreams of more taxes, more IRS agents in his big-spending budget 2023-03-09T05:00:00Z Even before the White House could release the document, some Republicans have rejected it outright, arguing it does not go far enough to slash spending — and should not include new tax hikes. House GOP to take early step on bill preparing for federal default 2023-03-08T05:00:00Z The White House’s budget proposes a slew of tax hikes and new taxes on individuals and businesses: Biden’s wish list includes slew of tax hikes on corporations, capital gains, income and the wealthy 2023-03-09T05:00:00Z The higher corporate tax hike would also result in cutting wages and income across the board for American workers, according to the Tax Foundation. Biden’s corporate tax hike could kill 138,000 jobs, review finds 2023-03-10T05:00:00Z Republicans will surely oppose all new proposed tax hikes in the administration’s plan, and some GOP lawmakers are pressing the White House to cut spending. Biden planning to keep Medicare afloat with tax hike for those making $400K 2023-03-07T05:00:00Z Mr. Biden unveiled the tax hikes Thursday in his annual budget proposal for fiscal 2024, which the White House claims will reduce the federal deficit by more than $3 trillion over the next decade. Biden dreams of more taxes, more IRS agents in his big-spending budget 2023-03-09T05:00:00Z But the GOP opposes tax hikes and the increase would violate Biden’s promise to only raise taxes on those earning more than $400,000. Biden’s upcoming budget part of 2024 political messaging 2023-03-06T05:00:00Z Most lines voters approved in the Sound Transit 2 measure of 2008, and Sound Transit 3 lines voters approved in 2016 through property, car-tab and sales tax hikes, are behind schedule. Be bolder to get light rail done, expert panel tells Sound Transit 2023-03-02T05:00:00Z Last July, Orban's lawmakers pushed through legislation overhauling a small business tax hike in just two days. Hungary signals fresh delay in Finland, Sweden NATO approval 2023-02-25T05:00:00Z So far, key Democratic leaders say it’s too early to pass tax hikes this session, but they did not rule them out for the future. Maryland sought an accurate poverty count. It found 110,000 more kids. 2023-02-16T05:00:00Z The budget proposes a slew of tax hikes and new taxes on individuals and businesses: Biden dreams of more taxes, more IRS agents in his big-spending budget 2023-03-09T05:00:00Z The tax hike on natural gas Tuesday is likely to further increase the cost of production and an increase in already spiraling inflation, experts said. Pakistan in bailout bid sharply raises natural gas taxes 2023-02-14T05:00:00Z The plan is a non-starter for Republicans, who are unified on opposing tax hikes. Washington bickering sets up Social Security, Medicare for big cuts 2023-02-14T05:00:00Z But, crucially, Holyrood has very limited borrowing powers, leaving Mr Swinney forced to consider tax hikes, spending cuts or a combination of both, to balance the budget. SNP budget may go down in left-leaning history 2022-12-15T05:00:00Z Some liberal advocates, meanwhile, have pointed out that tax hikes would take care of the funding shortfall. Social Security, Medicare brawl awaits Washington, even if not this year 2023-02-08T05:00:00Z Explaining her decision to the committee, she said there was a danger of high earners moving out of Wales to avoid a tax hike. Cost-of-living: Welsh ministers' help not enough, report says 2023-02-07T05:00:00Z Some semblance of stability has come not through repairing the economy, but through a series of painful tax hikes and subsidy cuts that have further constrained demand. Sri Lanka Is Calm Again. That Doesn’t Mean Things Are Any Better. 2023-01-31T05:00:00Z Recent corrective measures include disbursing hundreds of dollars in vouchers to Singaporean households, to be used for groceries and daily expenses, to offset the GST tax hike. Singapore inequality: How a tote bag sparked a debate about class 2023-01-30T05:00:00Z “Spending cuts and tax hikes would kill off growth in a year when we’re more likely than not to go into recession,” Greene said. Lots of sound and fury on US debt, but not a crisis — yet 2023-01-27T05:00:00Z But when it didn’t, he derided them, like when he decided to demonize an effort to revamp education as a “tax hike commission.” Larry Hogan won over Democrats in Maryland. Could he do it nationwide? 2023-01-23T05:00:00Z That suggests the government would need severe cuts to spending, major tax hikes or some combination of those options. EXPLAINER: How ominous is the debt limit problem? 2023-01-17T05:00:00Z "An unprecedented tax hike on the middle class and a national abortion ban are just a glimpse of the secret, backroom deals" McCarthy made to win the speaker's gavel, he said. White House ask House Republicans to "come clean" on McCarthy deals 2023-01-17T05:00:00Z And the new year brings with it steep tax hikes that will only compound the misery. Sri Lanka's anti-government protests have gone silent - for now 2023-01-08T05:00:00Z LDP policy chief Koichi Hagiuda said on Sunday that it was necessary to dissolve parliament before tax hikes come into place to let the electorate make a judgement on the matter. Japan PM floats possibility of snap election before defence budget tax hike 2022-12-28T05:00:00Z Overall, economists say the impact of the one percentage point tax hike may be muted, with a consumer spending surge before the rise likely to be offset by a drop afterwards. Singaporeans hit the malls on smart shopping spree before sales tax hike 2022-12-27T05:00:00Z Asked about how Japan's defence budget spending increase would ideally be funded, nine of 20 economists chose tax hikes. BOJ may unwind ultra-easy policy in 2023, nearly half of economists say- Reuters poll 2022-12-19T05:00:00Z He said Japan was at a “turning point in history” and that military expansion through cost-cutting and tax hikes was “my answer to the various security challenges that we face”. Majority of Japanese oppose raising taxes to fund military expansion -Kyodo 2022-12-18T05:00:00Z But, crucially, Holyrood still does not have the power to borrow, leaving Mr Swinney forced to consider tax hikes, spending cuts or a combination of both, to balance the budget. SNP budget may go down in left-leaning history 2022-12-15T05:00:00Z Tuesday’s legislation follows years of annual tax hikes on tobacco products and mandates to display health warnings on tobacco packaging, while alternatives like vaping have risen in popularity. Born after 2008? You’ll never be able to buy cigarettes in New Zealand. 2022-12-14T05:00:00Z From department stores to furniture shops, savvy retailers are tapping into residents’ ‘smart shopping’ mode, with promotions telling consumers to “Beat the goods and services tax hike!” Singaporeans hit the malls on smart shopping spree before sales tax hike 2022-12-27T05:00:00Z New Zealand in recent years also imposed a series of hefty tax hikes on cigarettes. New Zealand imposes lifetime ban on youth buying cigarettes 2022-12-12T05:00:00Z “At the expense of Americans’ quality of life and financial security, Democrats have repeatedly pushed harmful tax hikes and wasteful spending. ‘How Biden stole Christmas’ … with all those higher prices 2022-12-11T05:00:00Z But it also pointedly noted Sinema’s opposition to some corporate tax hikes and her refusal to end the filibuster to protect voting rights. Opinion | Kyrsten Sinema’s surprise switch is an epic gamble 2022-12-09T05:00:00Z Last week finance minister Jeremy Hunt announced tax hikes and spending cuts to fix the country's balance sheet and its economic policy reputation after former prime minister Liz Truss's controversial "mini-budget". Morning Bid: COVID blues 2022-11-22T05:00:00Z The upbeat spending comes against a backdrop of concern, and some opposition, among the population about the tax hike. Singaporeans hit the malls on smart shopping spree before sales tax hike 2022-12-27T05:00:00Z The chancellor has faced criticism for announcing tax hikes while prices soar. Higher taxes look to be here to stay, says IFS 2022-11-18T05:00:00Z British finance minister Jeremy Hunt announced a series of tax hikes and a more austere approach to public spending in a tough budget plan on Thursday. Macron: Conventional submarine deal with Australia 'still on the table' 2022-11-17T05:00:00Z Chancellor's Autumn Statement, where tax hikes and spending cuts are on the menu, along with a surcharge of 11.1% for inflation. Morning Bid: Good is bad? Depends on who or what you are 2022-11-17T05:00:00Z Democrats used a previous agenda Scott put out that included reauthorization votes for those programs and tax hikes on low-income people to attack Republican candidates in the midterms. McConnell holds back challenge in precarious moment for his leadership 2022-11-16T05:00:00Z It has also said it would review the second step of the tax hike if there was a major global downturn next year. Singaporeans hit the malls on smart shopping spree before sales tax hike 2022-12-27T05:00:00Z But he faces a potential backlash from some Tory MPs who oppose big tax hikes. Autumn Statement: Jeremy Hunt to unveil spending cuts and tax rises 2022-11-16T05:00:00Z In exchange, international creditors exacted what many Greeks still see as a pound of flesh: deep state spending and salary cuts, tax hikes, privatizations and other sweeping reforms aimed at righting public finances. EU proposes more forgiving debt plans a decade after crisis 2022-11-09T05:00:00Z Many of those opposed to the measure argued the tax hike would have heightened perceptions that California can’t be counted on to support business. Proposition 30, wealth tax for electric vehicle subsidies, appears headed for defeat 2022-11-09T05:00:00Z Ahead of the statement, the Treasury has been warning that across-the-board tax hikes will be required to ensure the government meets its medium-term targets on spending and debt. Rishi Sunak to review leadership campaign pledges 2022-11-02T04:00:00Z This tax hike isn’t needed and is a bad look for California. Yes to abortion rights and arts education: How I'm voting on California ballot propositions 2022-10-31T04:00:00Z If he is wise, Sunak will now perform a full 180 and announce tax hikes, including windfall taxes on energy companies earning super-profits. Opinion | Rishi Sunak’s route to economic growth 2022-10-24T04:00:00Z Over the last six years, voters in the city and county approved a $1-billion bond measure and a sales tax hike to build housing for homeless residents and provide supportive services. Why it's so hard to fix housing overcrowding in Los Angeles 2022-10-19T04:00:00Z All government departments have been told to find savings, and Mr Hunt has not ruled out further tax hikes and spending cuts to reassure financial markets and keep UK debt under control. Pensions: Liz Truss commits to triple lock after concern from Tory MPs 2022-10-19T04:00:00Z All government departments have been told to find savings and Mr Hunt has not ruled out further tax hikes and spending cuts to reassure financial markets and keep UK debt under control. Pensions: Minister can't give certainty over triple lock 2022-10-19T04:00:00Z However, she has not ruled out further tax hikes and spending cuts to provide further reassurance to investors of her commitment to control UK debt. Tax U-turns were painful, Liz Truss tells Tory MPs 2022-10-18T04:00:00Z The screeching on tax cuts by finance minister Jeremy Hunt on Monday will not spare Britain from painful spending cuts and new tax hikes to fix the country's public finances. France braces for nationwide strikes amidst soaring inflation 2022-10-18T04:00:00Z The screeching on tax cuts by finance minister Jeremy Hunt on Monday will not spare Britain from painful spending cuts and new tax hikes to fix the country's public finances. Russian 'suicide drones' strike terror in Ukraine, U.S. warns on war crimes 2022-10-18T04:00:00Z Hunt is expected to at least delay a cut in income tax as well as reversing a decision to halt a corporate tax hike. Hunt for Yield 2022-10-17T04:00:00Z Investors and analysts said the reinstating of a previously scheduled corporate tax hike did little to resolve the challenges the "mini-budget" had originally introduced. Analysis: Battered UK markets need more than policy U-Turn before confidence returns 2022-10-14T04:00:00Z She said she objected to tax hikes in the budget, which she said were particularly dangerous with the current high inflation. Rep. Abigail Spanberger runs on pro-police platform to save her seat in tough Virginia race 2022-10-12T04:00:00Z But amid great economic uncertainty and another tax hike, “we might be nearing that point.” Proposition 30 has voters deciding on a tax for zero-emission vehicles. What you need to know 2022-10-07T04:00:00Z He was ousted after one term by Republican Christine Todd Whitman, who tapped into voter anger over the tax hike and won the race by about 26,000 votes. This week’s passages 2022-09-30T04:00:00Z As I’ve previously written, Proposition 30 would embroider California’s reputation as a far-left state drawn to tax hikes rather than setting spending priorities. Newsom breaks from fellow Democrats and aligns with the enemy on Lyft-backed Prop. 30 2022-09-29T04:00:00Z The obvious deal is for Republicans to agree to some tax hikes and Democrats to offer other program cuts that would do minimal harm to the anti-poverty effort. Opinion | One way to stamp out child poverty 2022-09-28T04:00:00Z Florio was ousted after one term by Republican Christie Whitman, who tapped into voter anger over the tax hike and won the race by about 26,000 votes. Former NJ governor, U.S. rep James Florio dies at 85 2022-09-26T04:00:00Z The proposal is to hire 26 more, as part of a parks tax hike plan, to cover downtown area parks at the start. Seattle’s fight over park rangers doesn’t bode well for fixing the police 2022-09-24T04:00:00Z She won the Tory leadership election on a platform of upending what has called the economic "orthodoxy" of the Treasury and reversing tax hikes introduced by her predecessor. Kwasi Kwarteng defends massive tax cuts as fair for all 2022-09-23T04:00:00Z The tax hike proposed in Proposition 30 would be imposed on personal incomes exceeding $2 million a year, raising up to $5 billion annually, according to the Legislative Analyst’s Office. Newsom breaks from fellow Democrats and aligns with the enemy on Lyft-backed Prop. 30 2022-09-29T04:00:00Z Instead of this bifurcated process, it would make more sense for the City Council to consider projects funded by the property tax hike at the same time it considers the total parks budget. Seattle City Council needs full picture before doubling park taxes 2022-09-22T04:00:00Z General Assembly, confirmed the budget statement will reverse an income tax hike brought in this year to help fund health care and will scrap a plan to raise corporation tax. UK’s Truss says she’ll slash taxes despite economic crisis 2022-09-20T04:00:00Z “Four tax hikes during a recession? That’s the wrong play for Colorado. Let’s beat Colorado Democrats this November,” the ad says. Republicans seek to flip chambers with seven-state ad campaign targeting Biden, inflation 2022-09-15T04:00:00Z Proponents said Proposition 123 could help make up that deficit while avoiding a tax hike. Coloradans take housing into their own hands with initiative 2022-09-13T04:00:00Z She said she objected to tax hikes in the budget, which she said were particularly dangerous during this time of high inflation. Virginia House race ignites brawl over who’s the real pro-police candidate 2022-09-08T04:00:00Z Democrats’ $740 billion climate change legislation, known as the Inflation Reduction Act, includes tax hikes for the nation’s wealthiest individuals and corporations. House GOP targets vulnerable Dem for ‘throwing away’ taxpayer money as part of broader strategy 2022-09-06T04:00:00Z Public policy strategy to reduce driving has historically included gas tax hikes or tolls, which could serve as a deterrent. With gas-fueled car ban, California hopes to lead the nation. Can it deliver? 2022-09-06T04:00:00Z Spending cuts, tax hikes and debt write-downs are a common formula for bankrupt countries, but crisis veterans say there are some uniquely difficult elements here. Analysis: Sri Lanka has an IMF deal, now it courts China and India 2022-09-06T04:00:00Z “I find that laughable, to be honest with you,” Vega said of the ad, saying she voted against the budgets due to her opposition to tax hikes. Spanberger flips the script on policing in race against auxiliary deputy 2022-08-21T04:00:00Z In exchange, creditors exacted what many Greeks still see as a pound of flesh: deep state spending and salary cuts, tax hikes, privatizations and other sweeping reforms aimed at righting public finances. Greece rid of budget watch but inflation, energy woes bite 2022-08-20T04:00:00Z That promise secured the crucial support from Mr. Manchin needed to pass a $773 billion for climate change, health care and tax hikes. House Democrats plan to double-cross Joe Manchin on energy deal 2022-08-19T04:00:00Z Word would spread fast across America after the election that we’ve embroidered our reputation as a far-left state drawn to tax hikes rather than setting spending priorities. California had a nearly $100-billion surplus this year. We don't need to raise taxes with Prop. 30 2022-08-18T04:00:00Z The bill will raise taxes largely on big corporations, and Democrats have pledged there will be no tax hikes for those with incomes below $400,000 a year. Biden signs tax, health and climate bill into law 2022-08-16T04:00:00Z Critics say the bill does little to fight inflation and introduces job-killing climate provisions and tax hikes that will stymie economic growth. Biden signs Democrats’ $740 billion spending bill into law 2022-08-16T04:00:00Z That’s when she first made clear that she wouldn’t support a carried interest tax increase, as well as other corporate and business tax hikes, included in an earlier iteration of Biden’s agenda. Sinema took Wall Street money while killing tax on investors 2022-08-12T04:00:00Z Republicans say the legislation’s tax hikes will force companies to raise prices, worsening the nation’s bout with its worst inflation since 1981 that is wounding Democrats’ election prospects. House Dems set to overcome GOP for climate, health care win 2022-08-11T04:00:00Z The tax hike would be imposed on personal incomes exceeding $2 million a year. California had a nearly $100-billion surplus this year. We don't need to raise taxes with Prop. 30 2022-08-18T04:00:00Z “This will get worse with Manchin-Biden tax hikes heading into a recession, which will translate into higher prices for consumers,” Mr. Brady said, referring to Democratic Sen. Joe Manchin III of West Virginia. Wholesale prices ease, but inflation measure still near double digits 2022-08-11T04:00:00Z The bill is obviously not Build Back Better — whose child tax credit, universal prekindergarten and broad-based tax hikes on the wealthy have all fallen by the wayside — but there is still a lot to like. Opinion | What the Inflation Reduction Act will and won’t accomplish 2022-08-08T04:00:00Z The bill, which is expected to pass the Democratic-led House on Friday, includes the most spending ever on climate initiatives, plus new health care provisions and tax hikes. Both parties predict benefits at ballot box from Democrats’ big tax-and-climate spending bill 2022-08-08T04:00:00Z “Hundreds of billions of dollars in tax hikes on a struggling economy will kill American jobs,” said top Senate Republican Mitch McConnell. Analysis: Democrats score big wins on climate, drugs with $430 billion U.S. Senate bill 2022-08-08T04:00:00Z Congressional Republicans hammered the bill as an exorbitant spending package with damaging tax hikes that would inflict more damage to the nation’s economy at a perilous moment. Senate Passes Climate and Tax Bill, With All Republicans Opposed 2022-08-07T04:00:00Z He said spending and tax hikes in the legislation would eliminate jobs while having insignificant impact on inflation and climate change. Dems push Biden climate, health priorities toward Senate OK 2022-08-07T04:00:00Z "Democrats want to ram through hundreds of billions of dollars in tax hikes and hundreds of billions of dollars in reckless spending -- and for what?" Analysis: U.S. Senate Democrats' bill will make mark on climate, healthcare costs 2022-08-06T04:00:00Z Critics say the Democrats’ bill does little to fight inflation and introduces job-killing climate provisions and tax hikes that will stymie economic growth. Parliamentarian scrub of Democrats’ tax and spending bill nearly complete as Senate braces for slog 2022-08-06T04:00:00Z Although many Democrats acknowledge that the corporate minimum tax was not their first choice of tax hikes, they have embraced it as a political winner. Democrats Eye a Major Shift in How Corporations Are Taxed 2022-08-06T04:00:00Z “Democrats want to ram through hundreds of billions of dollars in tax hikes and hundreds of billions of dollars in reckless spending — and for what?” Senate Passes Climate and Tax Bill, With All Republicans Opposed 2022-08-07T04:00:00Z “It’s just a catalog of tax hikes and green boondoggles that Democrats have wanted for years, with a false new label slapped on the front,” Senate Republican leader Mitch McConnell of Kentucky said Tueday. Biden, Republicans spar over impact of Dems’ economic plan 2022-08-04T04:00:00Z Challenger Jed Davis criticized Welter’s votes for the Equal Rights Amendment and a construction bill containing a gas tax hike, among other things. Primaries bring big losses for incumbent GOP state lawmakers 2022-08-04T04:00:00Z “Democrats want to ram through hundreds of billions of dollars in tax hikes and hundreds of billions of dollars in excess spending.” Parliamentarian scrub of Democrats’ tax and spending bill nearly complete as Senate braces for slog 2022-08-06T04:00:00Z “The Democrats who have robbed American families once with inflation now want to rob the country a second time, through gigantic job-killing tax hikes,” McConnell said. A policy win, an economic hit: Turbulent week reflects Biden’s challenge 2022-07-31T04:00:00Z Manchin called it “ridiculous” to say the bill is a tax hike. Opinion | Joe Manchin shocks Republicans by revealing he is a Democrat 2022-07-29T04:00:00Z Republicans moved quickly to attack the proposal, with Senator Mitch McConnell of Kentucky, the Republican leader, deriding what he described as “giant tax hikes that will hammer workers.” Biden Savors Much-Needed Victories. But Will the Highs Overshadow the Lows? 2022-07-30T04:00:00Z Truss is promising immediate tax cuts, saying she will scrap a 1.25% income tax hike introduced by Sunak to help fund the nation’s health and social care, and will cancel a planned corporation tax rise. Economy eclipses other issues in UK Conservative contest 2022-07-28T04:00:00Z Could Democrats have hoped for broader-based tax hikes, such as raising the top bracket or capital gains rates? Opinion | The surprise Manchin deal is cause for celebration 2022-07-28T04:00:00Z She raised objections in the past to tax hikes and has kept mum on the new Manchin deal. Joe Manchin shifts into defense on Dems’ tax-and-spend climate bill 2022-07-28T04:00:00Z A potential tax hike would mainly affect private equity and hedge fund managers compensation, which is largely tied to the performance of the funds. Private equity, hedge funds object to U.S. carried-interest tax hike proposal 2022-07-28T04:00:00Z Republicans derided the new spending and tax hikes. Senate Democrats’ tax-and-spend deal includes spending $369 billion on climate, energy 2022-07-28T04:00:00Z It dangled tax hikes on the wealthy and big corporations and environmental initiatives for progressives. Schumer rallies Democrats after surprise deal with Manchin 2022-07-28T04:00:00Z “Now they want to pile on giant tax hikes that will hammer workers and kill many thousands of American jobs.” Manchin reaches health, energy, tax deal with Senate Majority Leader Schumer 2022-07-27T04:00:00Z Sen. Kyrsten Sinema, D-Ariz., too, has stood in the way of corporate tax hikes, imperiling Democrats' efforts to finance child care, Medicare expansion, and other priorities by bringing in more federal revenue. “Really inexcusable”: Democrats set to let unpopular Trump tax cuts for the wealthy stay in place 2022-07-27T04:00:00Z At a hustings, she added: "I would also not do the corporation tax hikes because I think it's vitally important that we're attracting investment into our country." Factbox: Policy views of final two candidates in race to succeed UK's Boris Johnson 2022-07-20T04:00:00Z Annual inflation in Britain hit a 40-year high of 9 percent earlier this year, as the price of food and energy soared — a result of Brexit, tax hikes and the coronavirus pandemic. Britain’s redheads offered free movie tickets to dodge extreme heat 2022-07-18T04:00:00Z But Manchin’s decision to dramatically narrow the Democratic effort and axe the tax hikes appears to have opened the window for Republican cooperation on semiconductors. Republicans warm to $52B computer chip bill, adding momentum 2022-07-18T04:00:00Z Also no longer on the table are the tax hikes on wealthy Americans and corporations that Biden and his party envisioned, in different variations, to pay for his big plan. All about Manchin: What Biden wanted for US, senator did not 2022-07-15T04:00:00Z It was not immediately clear how that could be achieved if tax hikes were off the table. Manchin says he won’t support new climate spending or tax hikes on wealthy 2022-07-14T04:00:00Z Allies of Mr Johnson have accused Mr Sunak of orchestrating the prime minister's downfall and have been fiercely critical of tax hikes he introduced as chancellor. Tory leadership race: Liz Truss's backing grows as contest tightens 2022-07-14T04:00:00Z Mr Danker wrote that while the corporation tax hike should be "revisited" given the wider weakening economy, leadership candidates should look at the UK's entire business tax regime as a whole. Businesses urge PM candidates to focus on growth and tax 2022-07-12T04:00:00Z He also accused them of "hypocrisy" for having backed tax hikes that have been introduced during Mr Johnson's time in office. Deadline to secure backers looms for Tory leader hopefuls 2022-07-11T04:00:00Z He said this showed "hypocrisy", as they had backed tax hikes introduced by Prime Minister Boris Johnson. Keir Starmer: Tory leader hopefuls in arms race of fantasy economics 2022-07-11T04:00:00Z For Griffin and many of his fellow ultrawealthy Illinoisans, spending even such a vast amount was well worth it when compared with what a tax hike might have cost them. Ken Griffin spent $54 million to fight tax hike on the rich. Secret IRS data shows it’s paying off 2022-07-07T04:00:00Z The odds are long, however, that they can agree to include other provisions such as climate change spending and tax hikes. Senate Dems revive talks to score wins by passing spending bill with party-line vote 2022-07-06T04:00:00Z The gas tax hike that landed Friday was only about 3 cents per gallon — minuscule compared with the statewide average pump price of $6.25. Pausing the gas tax would have been great for Democrats. Instead we got a July 4 price increase 2022-07-04T04:00:00Z The plan agreed with the multinational organization has included tax hikes, eliminating subsidies, and greater coverage of economic help for vulnerable sectors. Ecuador should follow its own path, not IMF's, says protest leader 2022-06-17T04:00:00Z The success of the Hungarian economy is based on the government being able to lower taxes and a tax hike will threaten jobs, he said. Hungary blocks EU clearance of minimum corporate tax 2022-06-16T04:00:00Z Are tax hikes and rule changes in Wales already seeing more second home owners sell their properties? Second homes in Wales: Are owners selling up ahead of tax hikes? 2022-06-16T04:00:00Z “Now they’re considering doing even more damage and ramming through gigantic tax hikes on party lines.” Senate Dems revive talks to score wins by passing spending bill with party-line vote 2022-07-06T04:00:00Z To his credit, Newsom did propose pausing the tax hike for one year. Pausing the gas tax would have been great for Democrats. Instead we got a July 4 price increase 2022-07-04T04:00:00Z According to the Democrats, the solution to these high prices is tax increases — the administration is pushing a trillion-dollar tax hike they say will help address inflation. Dem windfall profits tax would raise, not reduce, gas prices 2022-06-14T04:00:00Z “As Americans continue to face sticker shock at the gas station and grocery stores, tax hikes, which are eventually passed on to consumers, are not the answer.” Wall Street stabilizes as investors brace for bold Fed action 2022-06-14T04:00:00Z The Post repeated the contention, without examining it, that “any plausible future settlement would require some mix of modest benefit adjustments and tax hikes.” Column: Social Security trustees say the U.S. is rich enough to expand, not shrink, benefits 2022-06-07T04:00:00Z Twice since 2016, Angelenos have voted for bond measures and local tax hikes to raise billions of dollars specifically for housing and homeless programs, only to find more people on the streets. In Los Angeles, public anger drives an identity-focused mayor’s race 2022-06-03T04:00:00Z They have many options, and it is obvious that any plausible future settlement would require some mix of modest benefit adjustments and tax hikes. Opinion | The Medicare and Social Security disaster that Washington is doing nothing to fix 2022-06-04T04:00:00Z Wes Moore, an author and former nonprofit chief; Jon Baron, a former federal appointee and nonprofit chief; and Tom Perez, a former labor secretary under Obama, each backed a delay in the tax hike. Surging gas taxes expected to be political weapon in Maryland politics 2022-05-26T04:00:00Z However, Lindsay Owens, Executive Director of the Groundwork Collaborative, told Salon that corporate tax hikes would disincentivize companies from applying excessive markups to their products. Billionaires turn their backs on Biden: Elon Musk and Jeff Bezos go to Twitter to get political 2022-05-21T04:00:00Z But if Biden really wanted to, the federal government could also theoretically attack inflation through fiscal policy, with some combination of tax hikes or spending cuts. Opinion | Biden is doing nothing to fight inflation. We should be grateful for that. 2022-05-16T04:00:00Z Biden argued that the potential tax hikes would make it even harder for families struggling with inflation to afford food, housing and transportation. Biden pushes ‘ultra-MAGA’ label on GOP as he defends record 2022-05-10T04:00:00Z "This will require a combination of tax hikes, spending cuts as well as interest rates rising above 8% for a prolonged period of time to cause GDP growth to weaken." Analysis: Consumer boom nearly over as Central Europe heads into "decade of peril" 2022-05-04T04:00:00Z Some analysts say the new law could mean a 20 to 25 percent property tax hike in nearby Orange and Osceola counties, which local government officials said would be “catastrophic.” Disney’s special tax district pushes back against law that would dissolve it 2022-04-28T04:00:00Z Its proposals to enact substantial tax hikes on rich Americans could amount to the most substantial rewrite of the nation’s tax code since the Reagan administration and respond to growing alarm about wealth inequality. Fears mount inside White House that Manchin won’t agree to any deal 2022-04-26T04:00:00Z Although Macron was associated with the slogan “Make The Planet Great Again,” in his first five-year term, he capitulated to angry yellow vest protesters by scrapping a tax hike on fuel prices. Macron vs Le Pen: France votes in tense presidential runoff 2022-04-23T04:00:00Z He capitulated to “yellow vest” protesters by scrapping a fuel tax hike. France’s two presidential contenders: Who’s proposing what 2022-04-23T04:00:00Z Others, including Mr. Randolph, warned that local property owners could see significant property tax hikes. Punishing Disney, DeSantis Signals a Lasting G.O.P. Brawl With Business 2022-04-22T04:00:00Z The warnings about Mr. Biden’s tax hikes come as experts and financial institutions have begun sounding the alarm about a looming recession. Biden’s tax hikes could hasten the onset of a recession, experts warn 2022-04-19T04:00:00Z Some of those crises were beyond his control, but the yellow vest movement, prompted by a proposed fuel tax hike, portended frustration with his presidency as early as 2018. Why Macron’s ‘city of heart’ doesn’t love him back 2022-04-17T04:00:00Z But successive Greek governments were forced to implement painful budget cuts and tax hikes that led to a surge in unemployment and poverty. Greece completes early repayment of bailout loans to IMF 2022-04-04T04:00:00Z Most notably, the Senate minority leader has criticized the sweeping tax hikes laid out in Scott's plan, claiming that they would impact a large swath of the GOP's voting block. Rick Scott describes a GOP Civil War in the Senate, compares himself to Ulysses S. Grant 2022-03-31T04:00:00Z The criticism is echoed by Republican and other tax hike opponents. Joe Manchin uneasy with Biden’s minimum tax on billionaires 2022-03-29T04:00:00Z They note that few financial institutions have weighed the impact that Mr. Biden’s tax hikes, if implemented, could play. Biden’s tax hikes could hasten the onset of a recession, experts warn 2022-04-19T04:00:00Z Instead, the White House’s budget document included a slew of new tax hikes on the rich and corporations that to this point do not appear to be part of the congressional negotiations. Biden budget pivots to deficit concerns while boosting military, domestic programs 2022-03-28T04:00:00Z Rep. Ro Khanna, California Democrat and a lead author of the windfall tax, argued the tax hike would give oil companies an incentive to keep their prices low. Gas prices tank Democrats’ agenda for clean energy future 2022-03-21T04:00:00Z The BBC understands Mr Sunak is considering options to ease the squeeze on budgets before a rise in energy bills and a tax hike from April. Cost of living: What Tory MPs want from Rishi Sunak 2022-03-11T05:00:00Z They fear a tax suspension would set a poor precedent and become politically difficult to restore, if politicians are cast as supporting a tax hike when it kicks back in. Calls to suspend gas taxes across U.S. grow as prices surge 2022-03-09T05:00:00Z At the moment, Mr. Biden’s tax hikes face long odds of becoming law. Biden’s tax hikes could hasten the onset of a recession, experts warn 2022-04-19T04:00:00Z Back in West Hills, the tax hike continues to cause a lot of stress for Liebermann. Older homeowners face hefty tax bills as L.A. County struggles to implement 2020 tax law 2022-03-09T05:00:00Z Named after the vests French drivers must keep in their cars for emergencies, it started with demonstrations against a planned fuel tax hike and quickly spread into a broader movement against economic injustice. Macron to seek 2nd term in France’s April presidential vote 2022-03-03T05:00:00Z Florida’s governor wants a gas tax suspension in the coming months, and Illinois’s governor wants a one-year gas tax hike delay. Opinion | States are in a tax-cutting frenzy. It’s a sign of excess pandemic aid. 2022-02-26T05:00:00Z Mike Cherry, chair of the Federation of Small Businesses, says spiralling fuel prices are hurting companies just when tax hikes and fresh business rates bills loom large. Cost of living: 'What do you put first? Food, heating or petrol?' 2022-02-25T05:00:00Z Proposed tax hikes on individuals would prevent wealthy individuals from investing directly or spending enough to get the economy moving out of a recession. Biden’s tax hikes could hasten the onset of a recession, experts warn 2022-04-19T04:00:00Z The Democratic Senatorial Campaign Committee announced Wednesday morning that it is launching a five-figure radio ad campaign focused on highlighting tax hikes for millions of Americans. New tax plan from leading GOP senator would require all Americans to pay federal income taxes 2022-02-23T05:00:00Z Property tax bills arriving soon will deliver tax hikes for King County homeowners ranging from 1.5% to 15%, depending on where they live. King County property tax bills are arriving soon. See what’s happening near you 2022-02-22T05:00:00Z A think tank, the National Institute of Economic and Social Research, estimates the payroll tax hike, combined with higher inflation, could drive a 30% rise in destitution in Britain. UK's inflation bill eats into Sunak's budget leeway 2022-02-22T05:00:00Z The initial IMF offer, which included tax hikes and budget cuts, sparked street protests in October 2020. Costa Rican presidential candidate says he would change IMF agreement 2022-02-18T05:00:00Z It’s one of a pile of critical issues, including a squeeze on household finances from inflation and a looming tax hike, that are being overshadowed by scandal over lockdown-breaching government parties. Boris Johnson reboots office in bid to move past ‘partygate’ 2022-02-07T05:00:00Z It’s one of a pile of critical issues, including a squeeze on household finances from inflation and a looming tax hike, that are being overshadowed by Johnson’s personal woes. Boris Johnson reboots office in bid to move past ‘partygate’ 2022-02-07T05:00:00Z But with the rising cost of living, there have been calls for the government to cancel the tax hike. Covid: Covid jabs offered to at-risk five to 11-year-olds in England, and National Insurance hike confirmed 2022-01-30T05:00:00Z Speaking to broadcasters on a visit to Glasgow, he added: "And at that very moment, Boris Johnson and his government want to impose a tax hike on people in April." National Insurance: No 10 insists planned rise will go ahead 2022-01-28T05:00:00Z But he said the tax hike, to fund health and social care, was right. Government must do more on cost of living - minister 2022-01-28T05:00:00Z The congressman, who frequently calls for tax hikes to make the wealthy “pay their fair share,” co-sponsored that hefty tax benefit when he was a state lawmaker. Top House Dem gets tax break he sponsored, pays $213 property tax on NYC condo 2022-01-24T05:00:00Z The tax hike would ultimately have to be approved by voters. No debate on skyrocketing cost of California single-payer bill? So much for good government 2022-01-24T05:00:00Z Biden’s social and environmental spending package included tax hikes on corporations and the wealthy, but the bill is currently stalled in the Senate. Tracking Biden’s 1st-year progress delivering on promises 2022-01-18T05:00:00Z Nevertheless, the tax hikes threaten to force some corporations to leave Delaware and register in countries overseas with more favorable tax laws. Biden’s policies hit his home state in the pocketbook, skewer Delaware’s biggest industries 2022-01-14T05:00:00Z The tax hike would need to be approved by voters. California single-payer healthcare proposal has even some Democrats skeptical of its survival 2022-01-13T05:00:00Z Some progressive legislative Democrats last week proposed creating in California the nation’s first universal health care system, backed by steep tax hikes that would have to be approved by voters. California’s Newsom wants health coverage for all immigrants 2022-01-10T05:00:00Z One thing is indisputable: Paying for this endeavor would require an unprecedented tax hike — $163 billion annually, according to opponents. California Democrats are trying again for universal healthcare. It's a debate well worth having 2022-01-10T05:00:00Z “One thing is certain: His $5 trillion tax hikes and spending spree would make the economy worse by raising prices, killing jobs, and slowing economic growth.” Biden shrugs off worst jobs report of his presidency; critics say he botched the economy 2022-01-07T05:00:00Z Experts note that even targeted tax hikes impacting corporations or individuals in specific income brackets will wind up impacting all sectors of the economy. Joe Manchin loses conservative supporters with pledge to help gut Trump tax cuts 2021-12-29T05:00:00Z There’s a tax hike proposal, Assembly Constitutional Amendment 11 by Kalra, but it’s on the shelf and not moving. California single-payer healthcare proposal has even some Democrats skeptical of its survival 2022-01-13T05:00:00Z Instead, Ms. Sinema pushed the White House to back a menu of tax hikes outside of the corporate and income tax rate. Manchin offers to gut Trump tax cuts as atonement for killing Biden’s economic agenda 2021-12-27T05:00:00Z Not only that, but future tax hikes to fund CalCare could be approved on a simple majority legislative vote. California Democrats are trying again for universal healthcare. It's a debate well worth having 2022-01-10T05:00:00Z Since extending the program over the next decade would cost at least $1.5 trillion, Democrats would either have to propose new tax hikes in the spending package or curtail other initiatives. Biden presses forward on $1.75 trillion social welfare bill amid Democratic divisions 2021-12-16T05:00:00Z Mr. Manchin said it would be improper for the Build Back Better Act to fund social welfare programs over a shorter period if the tax hikes being used to fund such measures last a decade. Democrats’ frustrations with Joe Manchin boil as the clock runs out for Biden’s mega bill 2021-12-15T05:00:00Z This strikes some lawmakers as a less-than-honest way to legislate, even though the single-payer bill couldn’t take effect until the tax hike did. California single-payer healthcare proposal has even some Democrats skeptical of its survival 2022-01-13T05:00:00Z The protests against a planned fuel tax hike quickly spread into a broader movement against economic injustice and the way Macron was running France. Macron to defend his actions, eyes French presidential race 2021-12-15T05:00:00Z But months of negotiations ended in stalemate, with Republicans holding firm against tax hikes and Democrats holding the line against benefit cuts. Republicans warn Biden: The next debt limit increase won’t be so easy 2021-12-13T05:00:00Z Earlier this year, dozens of people died in protests over tax hikes and inequality that included roadblocks and small pockets of violent protesters, mixed among mostly peaceful crowds. Report links Colombian police to deaths of 10 protesters 2021-12-13T05:00:00Z A longtime socially conservative Republican voter who once was a prominent anti-abortion activist, Prior said she thought her congressman was going to be a “normal Republican” — fighting abortion and tax hikes. From quiet Falwell acolyte to bombastic Marjorie Taylor Greene ally: A freshman lawmaker’s political evolution 2021-12-12T05:00:00Z A longtime socially conservative Republican voter who once was a prominent antiabortion activist, Prior said she thought her congressman was going to be a “normal Republican” — fighting abortion and tax hikes. From quiet Falwell acolyte to bombastic Marjorie Taylor Greene ally: A freshman lawmaker’s political evolution 2021-12-10T05:00:00Z And it also hews closely to Biden’s separate “Build Back Better” agenda of tax hikes on the wealthy and an expansion of education, family and environmental programs still pending in the Senate. Biden has new brand for infrastructure deal he’s promoting 2021-12-08T05:00:00Z The government’s No. 3 official will be Christian Lindner, the finance minister and leader of the Free Democrats, who insisted that the coalition reject tax hikes and looser curbs on running up debt. Germany on new path as Scholz replaces Merkel as chancellor 2021-12-07T05:00:00Z The government has unveiled how it plans to spend some of its planned tax hike to improve social care in England. Social care: Plans to fund improvement in England unveiled 2021-12-01T05:00:00Z The Social Democrats’ aims of strengthening the welfare state and the environmental policies of the Greens have not sat easily with the Free Democrats and their aversion to tax hikes. German parties form new government led by center-left Olaf Scholz, marking end of Merkel era 2021-11-24T05:00:00Z The reading marked the fastest pace of growth since September 2019, which was just before a sales tax hike hit consumer confidence. Japan's factory activity grows at fastest pace in nearly four years -Flash PMI 2021-11-24T05:00:00Z Compounding matters is that fiscal watchdogs warn lower-and-middle class families will be disproportionately impacted by the tax hikes Mr. Biden is proposing to pay for the bill. House narrowly passes Biden’s multitrillion-dollar social welfare bill, setting up Senate fight 2021-11-19T05:00:00Z The Chiefs and Royals both renovated their stadiums about a decade ago, when Jackson County voters narrowly approved a three-eighths cent tax hike lasting 25 years. Chiefs to discuss future of Arrowhead Stadium in coming year 2021-11-18T05:00:00Z Democrats are especially eager to portray the package’s more controversial provisions, including Medicare drug pricing and tax hikes, as a cure for inflation. GOP blames Biden for rising food prices: ‘Most expensive Thanksgiving in history’ 2021-11-17T05:00:00Z Lawmakers fret the CBO will miscalculate the impact of the package’s tax hikes and expanded IRS enforcement. Dems rush to discredit CBO ahead of potentially negative report on Biden’s social-welfare bill 2021-11-16T05:00:00Z White House officials are eager to portray the package’s more controversial provisions, including Medicare drug pricing and tax hikes, as a cure for inflation. Manchin doubts Biden’s claim that more spending will curb inflation: ‘Have to check on that one’ 2021-11-16T05:00:00Z White House officials are eager to portray the package’s more controversial provisions, including Medicare drug pricing and tax hikes, as as a cure for inflation. White House pitches multi-trillion-dollar budget as cure for inflation 2021-11-14T05:00:00Z The proposals amount to one of the most extensive tax hikes in recent history. Biden’s social welfare bill estimated to raise taxes 30% on middle class, cut them for millionaires 2021-11-12T05:00:00Z The statement warned of “an extreme reconciliation spending bill” waiting in the wings with “crippling tax hikes that will kill American jobs.” In Illinois, Dueling Infrastructure Votes Reflect Shifting G.O.P. Terrain 2021-11-11T05:00:00Z Likewise, there are strong concerns that the tax hikes in Mr. Biden’s spending bill will not generate the revenue needed to fund all of the new entitlement programs. Dems rush to discredit CBO ahead of potentially negative report on Biden’s social-welfare bill 2021-11-16T05:00:00Z President Biden’s proposed tax hikes and plan to hire more than 80,000 additional Internal Revenue Service agents could wind up helping the super-wealthy to avoid paying their fair share, according to a new analysis. Biden plan to hire 80k IRS agents will backfire, letting wealthy dodge taxes, expert warns 2021-11-11T05:00:00Z State lawmakers have also torpedoed attempts by the city to raise infrastructure funds through a sales tax hike. A Mississippi city’s water system is collapsing. The federal infrastructure bill could help save it, but only if the state cooperates. 2021-11-06T04:00:00Z Apart from corporate tax hikes, the White House is proposing a series of taxes on the rich. Biden’s social welfare bill estimated to raise taxes 30% on middle class, cut them for millionaires 2021-11-12T05:00:00Z They were able to design the bill in a way that won backing from both business groups and labor unions without financing everything through big tax hikes. Patience and persistence pay off as Biden gets infrastructure deal across finish line 2021-11-06T04:00:00Z Economic analysts say it will be impossible to estimate how much revenue will be garnered by tax hikes because many are new and have never been implemented. Dems rush to discredit CBO ahead of potentially negative report on Biden’s social-welfare bill 2021-11-16T05:00:00Z Also taxing capital gains of more than $1 million upon a person’s death; increasing the capital-gains tax rate for those making more than $1 million in gains; and significant corporate tax hikes. Tax-cut mantra proves strong, but it’s still wrong 2021-11-05T04:00:00Z Nearly nine in 10 Democrats favor tax hikes for the wealthy, 76% say that climate change should be the top concern for every country, while 78 percent say “it is too easy to access guns.” COVID-19 fading as dominant political issue as Americans focus on inflation, economy: Poll 2021-11-04T04:00:00Z And Sinema’s unwillingness to embrace tax hikes and other policies supported by virtually all of her Democratic colleagues sparked fury. How Schumer’s left turn shaped the Democratic agenda and set up a chaotic final scramble 2021-11-02T04:00:00Z Apart from corporate tax hikes, the White House is also proposing a menu of taxes on individuals. Biden bill on social welfare, climate change estimated to kill 103K jobs, raise taxes on 80% of U.S. 2021-11-02T04:00:00Z But that wouldn’t have stopped Republicans from battering Democrats with accusations of tax hikes and broken promises. Opinion | What Democrats should have said to Big Oil 2021-10-31T04:00:00Z “You are relying on small businesses to supply parts to support your overall operations. It’s those small businesses that are most exposed when a large multinational sees a significant tax hike,” Mr. Bunn said. U.S. small businesses fear blowback of Biden’s global minimum tax on big corporations 2021-10-31T04:00:00Z BofA analysts pointed to extended valuations, "near-euphoric" sentiment and a bevy of risks to corporate profit margins, including potential tax hikes and labor inflation. Wall St Week Ahead Stocks approach historically strong period but Fed taper looms 2021-10-31T04:00:00Z The president’s fellow Democrats have steadily pared back Biden’s proposed spending on families, health care and renewable energy to build support for the plan and battled over the tax hikes needed to pay for it. Back in Europe, Biden tries to show allies US is with them 2021-10-30T04:00:00Z The White House estimates that the tax hikes included in the package will generate more than $1.995 trillion in revenue over the next 10 years. Biden bill on social welfare, climate change estimated to kill 103K jobs, raise taxes on 80% of U.S. 2021-11-02T04:00:00Z BofA analysts pointed to extended valuations, “near-euphoric” sentiment and a bevy of risks to corporate profit margins, including potential tax hikes and labor inflation. Wall St Week Ahead: Stocks approach historically strong period but Fed taper looms 2021-10-29T04:00:00Z While inflation was mostly driven by higher energy prices and tax hikes, growing price pressures from supply bottlenecks were also visible in rising prices for services and industrial goods, data from Eurostat showed on Friday. Euro zone inflation equals all-time high; growth accelerates 2021-10-29T04:00:00Z Greece’s economy was put under strict supervision and a series of deeply resented reforms were imposed, including repeated tax hikes and cuts in pensions, salaries and public spending for everything from health care to infrastructure. Greek president to Germany’s Merkel: Greece often felt alone 2021-10-29T04:00:00Z The president has argued that the spending will be fully paid for by tax hikes on corporations and multimillionaires. Biden lands in Europe with domestic spending plans in limbo 2021-10-29T04:00:00Z The proposal amounts to one of the largest tax hikes in recent history. ‘Pay your fair share’: Biden targets corporate profits, wealthy to pay for $1.75T spending bill 2021-10-28T04:00:00Z Earlier this week, Musk argued, the fundamental problem is that government spends too much money — and he warned that the billionaire tax proposal could lead over time to tax hikes for more Americans. ‘Stupid’ and ‘insane’: Some billionaires vent over tax plan 2021-10-28T04:00:00Z The billionaire tax gained currency over the weekend because Sinema, a fellow moderate and key negotiator, signaled her opposition to corporate, personal and capital gains tax hikes. Democrats race to finalize Biden spending package ahead of Cop26 climate summit – live 2021-10-27T04:00:00Z Democrats, who are scrambling to raise revenue for President Biden’s unfinished $2 trillion social welfare plan, managed to find a tax hike that even fellow Democrats don’t like. Even some Democrats holding their nose at the party’s new plan for ‘billionaire’s tax’ 2021-10-26T04:00:00Z The proposal has been in the works for years but suddenly gained traction when conventional tax hikes in Mr. Biden’s bill hit stiff opposition from Sen. Kyrsten Sinema, a moderate Democrat from Arizona. Manchin ‘open’ to billionaires tax to pay for Biden’s multi-trillion-dollar social welfare bill 2021-10-25T04:00:00Z Apart from corporate tax hikes, the White House is also proposing a menu of new taxes on the rich. ‘Pay your fair share’: Biden targets corporate profits, wealthy to pay for $1.75T spending bill 2021-10-28T04:00:00Z Ms. Sinema upset that plan by opposing tax hikes for corporations and top earners. ‘90% agreed to’: Biden meets with Manchin in Delaware to sell new billionaire’s tax 2021-10-24T04:00:00Z Mr Sunak will set out his Budget on Wednesday, amid concern among some in his own party that rising energy prices, inflation and tax hikes are causing a cost of living crisis in the UK. Budget about investing in public services - Sunak 2021-10-24T04:00:00Z It allows Democrats to claim the mantle of middle-class tax cutters, while Republicans who oppose the idea could be criticized for favoring tax hikes on this key group of voters ahead of the 2022 elections. Child tax credit tussle reflects debate over work incentives 2021-10-22T04:00:00Z Sticking points appear to include proposed corporate tax hikes to help finance the plan and an effort to lower prescription drug costs that has raised concerns from the pharmaceutical industry. Deal on $2T Biden package, seems close but elusive 2021-10-22T04:00:00Z The new path under consideration would represent an even more stark attempt to narrowly tailor new tax hikes to avoid political blowback. Democrats move to finalize new ‘billionaire’ tax plan, targeting 700 wealthiest Americans as key source of revenue for spending plan 2021-10-22T04:00:00Z Apart from the new billionaire’s tax, Democrats are also eyeing a series of other tax hikes and budgetary measures to raise enough revenue for Mr. Biden’s domestic ambitions. ‘Fair share’: Democrats eye billionaire’s tax to help push Biden spending bill across finish line 2021-10-22T04:00:00Z “The president himself has acknowledged it’s not going to be $3.5 trillion, it’s going to be something less. The tax hikes are not going to be as much as the left really wanted.” Stocks Hit a Record as Investors See Progress Toward a Spending Deal 2021-10-21T04:00:00Z The prescription drug bill is projected to raise $450 billion in revenue over the next decade and Biden's proposed tax hikes on corporations, the wealthy and capital gains are projected to raise about $840 billion. Billionaire Trump donor Nelson Peltz says he talks to Joe Manchin every week 2021-10-21T04:00:00Z From paid family leave to corporate tax hikes and new climate change regulations, the package is likely to have a major impact on workers and businesses. EXCLUSIVE: Over 100 House Republicans warn Biden’s spending bill will worsen supply chain woes 2021-10-20T04:00:00Z Biden’s ideas are all to be funded by tax hikes on corporations and the wealthiest individuals, those earning more than $400,000 a year. Biden focuses on climate, families in trimmed $2T plan 2021-10-19T04:00:00Z Biden has pledged to shield Americans earning less than $400,000 per year from new tax hikes, instead focusing on raising taxes on the wealthiest Americans and large corporations. Democrats to scale back Treasury’s IRS bank reporting plan amid GOP uproar 2021-10-18T04:00:00Z Local governments also want to exclude recently enacted tax hikes from the calculation, which they contend masks the depth of their losses during the pandemic. Cities seek to loosen rules on spending federal pandemic aid 2021-10-17T04:00:00Z Biden has already hinted that free community college will probably be dropped, and infrastructure investment may be reduced to avoid tax hikes on the rich, which will inevitably mean that fewer jobs get created. Joe Biden's Nixon moment: A policy agenda that could change history — and the media yawns 2021-10-17T04:00:00Z Deteriorating living conditions and growing hardships for many Jordanians following IMF-guided austerity programmes and tax hikes have fuelled bouts of civil unrest in recent years. Jordan's PM reshuffles cabinet in shake-up to spur investments 2021-10-11T04:00:00Z Overall, Democrats say the 40 new tax hikes would boost federal revenue by $2 trillion over the next decade, adding up to one of the largest tax increases in U.S. history. ‘Entitlement society’: Progressives refuse to pull political goodies from $3.5T social-welfare bill 2021-10-07T04:00:00Z The proposals to raise taxes on the rich, however, have struggled to gain traction in Congress, with centrist Democrats balking at leveling the extent of new tax hikes necessary to fund Biden’s proposal. Democrats to scale back Treasury’s IRS bank reporting plan amid GOP uproar 2021-10-18T04:00:00Z Manchin has also expressed concerns about proposed tax hikes, but has signaled a willingness to reverse some Trump-era corporate tax cuts and supports the prescription drug bill, which could further complicate negotiations. “Sabotage”: Manchin wants Dems to drop most family, child care, Medicare provisions from Biden bill 2021-10-07T04:00:00Z But some business groups and analysts have questioned the timing of the planned tax hikes, with the economic recovery from the pandemic seen as still fragile. Indonesian parliament to vote on major tax overhaul 2021-10-06T04:00:00Z House of Commons Leader Jacob Rees-Mogg described the National Insurance tax hike for the NHS and social care as being "at the upper reaches of reasonableness". Conservative conference: Five things we learned in Manchester 2021-10-06T04:00:00Z Not everyone would be adversely impacted by the new tax hikes. ‘Entitlement society’: Progressives refuse to pull political goodies from $3.5T social-welfare bill 2021-10-07T04:00:00Z The latter has pledged no tax hikes and a deficit at 1.5% by 2025, arguing it can stimulate economic growth with the help of EU funds and can improve tax collection. Analysis: In Czech election, the prize is one of EU's fastest-growing debt burdens 2021-10-05T04:00:00Z I’m willing to talk about limited tax hikes, but not while people are talking about unlimited spending. Column: The problem isn't raising taxes, it's spending, spending, spending 2021-10-05T04:00:00Z Proposed tax hikes have been whittled down here, too. Biden struggles to secure his 'New Deal' to transform U.S. economy 2021-10-04T04:00:00Z The Greens want to raise taxes on the rich, while the Free Democrats oppose a tax hike. Skateboards, Climate Change and Freedom: Germany’s Next-Generation Parliament 2021-10-03T04:00:00Z But the president and his aides have argued that this is misguided because Democrats are proposing to fund this spending with tax hikes on the wealthy, tougher tax enforcement and other revenue raisers. Analysis | Biden’s claim that his spending plan ‘costs zero dollars’ 2021-09-28T04:00:00Z And she has shown concern about inflation and tax hikes. Democrats contend with how to scale down Biden's social safety net plan 2021-10-01T04:00:00Z The bank has donated $47,500 to Sinema's campaign and related PACs, and has been one of the leading critics of Biden's proposed corporate tax hike. Former senior Kyrsten Sinema aide now top lobbyist for bank opposing Biden’s corporate tax increase 2021-10-01T04:00:00Z “Some politicians including Rep. Houlahan are setting their sights on pushing for tax hikes on U.S. energy producers,” reads an ad attacking Chrissy Houlahan of Pennsylvania that started running Sept. 15. In Your Facebook Feed: Oil Industry Pushback Against Biden Climate Plans 2021-09-30T04:00:00Z But Republican leaders also rely on an economic model in which any tax that clearly targets companies and wealthy stockholders can be interpreted as a middle-class tax hike. AP FACT CHECK: GOP claim of broken Biden pledge not so clear 2021-09-30T04:00:00Z Inflation has surged this year on one-off factors from tax hikes to supply bottlenecks and commodity price rises, fuelling a debate about the need for exceptionally loose monetary policy. German inflation accelerates at record pace in September 2021-09-30T04:00:00Z They criticized her for holding a fundraiser with business lobbying groups that oppose tax hikes in the Democrats’ main spending bill. Kyrsten Sinema is at the center of it all. Some Arizonans wish she weren’t 2021-09-29T04:00:00Z Sinema opposes the Democrats' $3.5 trillion spending bill, balking at both the price tag and key measures like drug pricing reform and tax hikes on the wealthy and corporations. Activists who helped elect Kyrsten Sinema launch CrowdPAC to fund potential primary challenger 2021-09-29T04:00:00Z In a lengthy message to members this month, Robert Yeakel, the director of government relations at the National Grocers Association, went over a “laundry list of tax hikes that Democrats are contemplating.” As Sinema resists the budget bill, she is set to raise money from business groups that oppose it. 2021-09-27T04:00:00Z But some of the cost comes at the expense of workers in the form of lower salaries, and that’s a major reason why the Democrats’ policies can be portrayed as a middle-class tax hike. AP FACT CHECK: GOP claim of broken Biden pledge not so clear 2021-09-30T04:00:00Z Senior Democrats are trying to craft a proposal to tax carbon — a potentially powerful weapon against climate change — that would not violate President Biden’s pledge to spare middle-class Americans from tax hikes. Senior Democrats’ push for powerful climate tool collides with political realities 2021-09-27T04:00:00Z “These tax hikes would be a body blow to our economy — endangering our recovery and taking more hard-earned money from small businesses and working families,” the ad says. Rep. Elaine Luria, endorsed by U.S. Chamber of Commerce, now targeted by its ad campaign 2021-09-24T04:00:00Z Successive Labour leaders have threatened businesses with tax hikes, higher bills, and more red tape. Labour conference: Party to unveil plan to scrap business rates 2021-09-26T04:00:00Z Reasonable tax hikes on the wealthy and on corporations could then cover the cost. Opinion | Democrats are on the verge of failure. But there is a path through. 2021-09-24T04:00:00Z Well, the increases largely reflect how corporate tax hikes could reduce wages. AP FACT CHECK: GOP claim of broken Biden pledge not so clear 2021-09-30T04:00:00Z Democrats’ current economic plan primarily consists of three broad categories — an expansion of social welfare programs; a suite of measures designed to combat climate change; and new tax hikes on corporations and the rich. Senior Democrats’ push for powerful climate tool collides with political realities 2021-09-27T04:00:00Z Clark also strongly opposed the tax hikes on corporations that Democrats have proposed to pay for it, arguing they would lead companies to cut jobs. Rep. Elaine Luria, endorsed by U.S. Chamber of Commerce, now targeted by its ad campaign 2021-09-24T04:00:00Z Growing worries over energy bills, food costs and tax hikes prompted a hefty drop in British consumer confidence this month as people became more downbeat about the economic outlook, a survey showed on Friday. Italy business confidence slips in Sept but consumer morale hits record high 2021-09-24T04:00:00Z They researched every possible penny of tax hikes and other offsets that enable their agenda to be fiscally responsible without burdening the middle class. Opinion | To his fellow Democrats, Manchin has been a spoiler. But he’s also a useful scapegoat. 2021-09-23T04:00:00Z It also proposes major tax hikes on the wealthy and corporations. ACLU, 26 other groups support $1 billion boost for FTC privacy work 2021-09-23T04:00:00Z Centrist Democrats have balked at the extent of tax hikes on the rich and on businesses needed to pay for the measure, leading other lawmakers to revive an array of ideas to raise new funding. Senior Democrats’ push for powerful climate tool collides with political realities 2021-09-27T04:00:00Z Mr. Schumer refused to give a dollar figure for how much revenue would be raised by the proposed tax hikes. White House reaches agreement on tax hikes with Hill Democrats for $3.5 trillion package 2021-09-23T04:00:00Z “These tax hikes would be a body blow to our economy, injuring our recovery and taking more hard-earned money from small businesses and working families,” the ad says. Chamber of Commerce unveils ads pressuring vulnerable Dems to vote against reconciliation 2021-09-22T04:00:00Z It would impose tax hikes on corporations and wealthy Americans earning beyond $400,000 a year and plow that money back into federal programs for young and old. House passes bill to avoid government shutdown, suspend debt cap 2021-09-21T04:00:00Z Ms. Martin and Mr. Crow both cited Mr. Biden’s tax hikes and $3.5 trillion social welfare bill as fueling conservative anger. Anger over mask, vaccine mandates brews up fresh tea party protests 2021-09-21T04:00:00Z The proposal would impose tax hikes on corporations and wealthy Americans earning beyond $400,000 a year and plow that money back into federal programs for young and old. Democrats face heavy lift on Biden agenda as GOP stands by 2021-09-20T04:00:00Z To pay for the program, House Democrats have proposed 40 new tax hikes, impacting corporations, the wealthy and average individuals. White House reaches agreement on tax hikes with Hill Democrats for $3.5 trillion package 2021-09-23T04:00:00Z Yet, most investors and economists appear unperturbed and some even say targeted tax hikes that reduce burgeoning inequality will benefit markets in the longer-term. Analysis: Higher taxes are coming and for markets, that could be a good thing 2021-09-20T04:00:00Z The plan is to be financed by tax hikes on wealthy Americans and corporations. Crunch time for Congress with Biden's agenda, and debt limit, on the line 2021-09-20T04:00:00Z But Democrats have been reluctant to levy some of the tax hikes that Biden did ask for. Opinion | Despite AOC’s infamous dress, Democrats are getting cold feet on actually taxing the rich 2021-09-16T04:00:00Z To pay for the package, Democrats have proposed tax hikes targeting high-income earners, who would see their rates jump to 39.6 percent from the existing 37 percent. At an economic inflection point, Biden leans into expansive, populist agenda 2021-09-16T04:00:00Z Conservative alarm about Biden’s proposed tax hikes — which some nonpartisan estimates have found overwhelmingly target the rich and large corporations — has intensified as they move toward passage. Former Trump aides to spearhead multimillion-dollar campaign against Biden economic plan 2021-09-16T04:00:00Z And a dividend tax hike will deliver a mere 100 pound annual hit to people earning 10,000 pounds a year in dividends, brokerage AJ Bell calculates. Analysis: Higher taxes are coming and for markets, that could be a good thing 2021-09-20T04:00:00Z The 40 new Biden tax hikes assembled this week by House Democrats would boost federal revenue by $2 trillion over the next decade. Biden’s ‘long overdue’ tax hikes span from Wall Street to Main Street, from superwealthy to smokers 2021-09-16T04:00:00Z “Democrats’ reckless spending is causing prices to rise, and their massive tax hikes will make things even harder for American families trying to recover from a pandemic.” ‘Doormats’ for Pelosi: Vulnerable Democrats under fire over proposed tax hikes 2021-09-16T04:00:00Z The tax hikes stop short of what Biden initially had recommended, including by omitting new taxes targeting inheritances passed between family members. Democrats prepare for next phase of budget fight as House readies package and Biden meets with Senate skeptics 2021-09-15T04:00:00Z Republicans have condemned the tax hikes, arguing they will slow U.S. growth and impact workers. Treasury and IRS push House Democrats to expand crackdown on tax cheats 2021-09-15T04:00:00Z Yet “the fact that there is clearly some plan to address the huge increase in debt that we’ve had over the last year-and-a-half is a good thing,” he said of the UK tax hike. Analysis: Higher taxes are coming and for markets, that could be a good thing 2021-09-20T04:00:00Z He said the higher taxes will fuel inflation even further and also raise taxes on the middle class, breaking Mr. Biden’s pledge to spare Americans making less than $400,000 from the tax hikes. Biden’s ‘long overdue’ tax hikes span from Wall Street to Main Street, from superwealthy to smokers 2021-09-16T04:00:00Z Earlier this week, Democrats on the House Ways and Means Committee released an 881-page bill proposing more than 40 individual tax hikes. ‘Doormats’ for Pelosi: Vulnerable Democrats under fire over proposed tax hikes 2021-09-16T04:00:00Z Mr. Neal and his tax-writing colleagues in the Senate have proposed tax hikes big enough to fund a large expansion of social spending sustainably. Opinion | Top Democrats propose some large tax hikes. But they still have far to go to fund their big plans. 2021-09-14T04:00:00Z In all, the tax hikes are in line with Biden’s own proposals and would bring about the most substantive changes in the tax code since Republicans with then-President Donald Trump slashed levies. Democrats try delicate tax maneuver for $3.5 trillion bill 2021-09-14T04:00:00Z Britain is at the vanguard of announcing tax hikes to restore public finances while U.S. MORNING BID Pandeconomics part 2 2021-09-14T04:00:00Z The tax hikes are only one part of the way in which Democrats hope to raise enough money to pay for Mr. Biden’s ambitions. House Dems propose one of the largest tax increases ever to pay for Biden’s $3.5T spending bill 2021-09-13T04:00:00Z Republicans are salivating at the chance to run against the tax hikes. ‘Doormats’ for Pelosi: Vulnerable Democrats under fire over proposed tax hikes 2021-09-16T04:00:00Z Also on the radar is the Biden government’s corporate tax hike plan. Futures up, Wall Street tries to recover after sharp selloff 2021-09-13T04:00:00Z “Rural voters are incredibly concerned about the reckless spending and massive tax hikes that will be included in Democrats’ reconciliation bill,” said Mike Berg, a spokesman for the National Republican Congressional Committee. Vulnerable Democrats push for local priorities in budget 2021-09-12T04:00:00Z Ministers announced the tax hike this week to pay for an £86,000 personal cap on lifetime social care costs in England, and tackle NHS backlogs. Health tax could increase family breakdown, tax authority warns 2021-09-12T04:00:00Z As part of the proposal, Democrats are eyeing tax hikes across the board, including on individuals and corporations. House Dems propose one of the largest tax increases ever to pay for Biden’s $3.5T spending bill 2021-09-13T04:00:00Z But as Henderson waited outside the meeting, he knew that a tax hike would be a hard sell. The Tragedy of America’s Rural Schools 2021-09-07T04:00:00Z The ultimate size of the spending and tax hikes is still under debate, with some moderate Democrats balking at Biden’s proposed $3.5 trillion cost. U.S. Senate Democrats float stock buyback tax 2021-09-10T04:00:00Z Democrats are still fighting over what will make it into the bill, including various tax hikes. Opinion | The double standard for GOP vs. Democratic budget bills 2021-09-09T04:00:00Z Labour has criticised the tax hike as unfair to working people, and said it would not do enough to improve care offered in the social care system. Health tax could increase family breakdown, tax authority warns 2021-09-12T04:00:00Z Democrats on the House Ways and Means Committee released an 881-page bill outlining a series of tax hikes and one-time revenue generators they say will ensure Mr. Biden’s big-spending domestic agenda is fully funded. House Dems propose one of the largest tax increases ever to pay for Biden’s $3.5T spending bill 2021-09-13T04:00:00Z Democrats intend to pay for these and other programs through tax hikes targeting corporations and wealthy Americans. Democrats confront numerous hurdles as they work to advance $3.5 trillion economic package 2021-09-08T04:00:00Z “Smart Democrats will retire because they know voters won’t turn out for their toxic agenda of higher prices, reckless spending, and massive tax hikes,” responds National Republican Congressional Committee spokesman Mike Berg. Biden’s approval takes a big dive 2021-09-08T04:00:00Z “American families and Main Street businesses will be left shouldering the burden of these devastating tax hikes,” said the GOP statement. Top Dems leave door open to trimming Biden’s $3.5T price tag 2021-09-08T04:00:00Z Speaking on the same programme, Mr Javid defended the tax hike, adding it would make government support for social care "more generous" and said paying for the changes through higher borrowing would be "wrong". Health tax could increase family breakdown, tax authority warns 2021-09-12T04:00:00Z “A corporate tax hike will decrease wages, increase prices, and hurt American competitiveness.” House Dems propose one of the largest tax increases ever to pay for Biden’s $3.5T spending bill 2021-09-13T04:00:00Z Canadian elections rarely register for global markets, but with the Liberals proposing tax hikes on big banks and both candidates proposing spending increases, this one will be watched closely. End of the summer: Events that may shake markets in September 2021-09-07T04:00:00Z While Johnson’s huge majority of 80 in parliament means a defeat may be unlikely, members of his own cabinet have hinted at their opposition to tax hikes. UK PM's planned tax hike for social care triggers fury within ruling party 2021-09-06T04:00:00Z The National Federation of Independent Business also promised to run “targeted traditional and digital advertising” to fight the proposal’s tax hikes to small businesses. Democrats hit with ‘historic’ lobbying frenzy over $3.5 trillion social-welfare spending bill 2021-09-03T04:00:00Z If you are curious about the repercussions of Democratic Party’s $3.5 trillion budget resolution, Americans for Tax Reform has just released a handy point-by-point guide of “tax hikes to expect.” Trump draws big ratings for Newsmax 2021-08-26T04:00:00Z But with the new funding, Detroit might cancel its plans to request a tax hike. Pandemic windfall for US schools has few strings attached 2021-08-26T04:00:00Z And they have aimed to finance the tranche of new spending through tax hikes targeting wealthy corporations, families and investors, rolling back tax cuts imposed under President Donald Trump. House passes $3.5 trillion budget plan, aims to vote on infrastructure package by late September 2021-08-24T04:00:00Z Of all the proposed tax hikes to help pay for Mr. Biden’s bigger welfare state, this one would have the greatest impact and rake in an estimated $800 billion in tax revenue. Biden’s new ‘death tax’ threatens family farms, small businesses 2021-08-23T04:00:00Z But party lawmakers remain unsettled on the exact size and scope of these tax hikes, reflecting the tough task ahead of them to turn their rough budget outline into legislation. ‘Curveballs and obstacles’ face Pelosi this week as Democrats spar over $3.5 trillion budget plan 2021-08-22T04:00:00Z Within months of taking office in February 2017, Moise’s administration was rocked by major street protests over tax hikes, then rising fuel prices. 'He never stood a chance': the fateful downfall of Haiti's president 2021-08-22T04:00:00Z His support came after Democrats agreed to set aside their attempts to undo the 2017 Republican tax overhaul, saving any tax hikes for their broader economic legislation. How Mitch McConnell and Senate Republicans learned to stop worrying about a Biden victory and love the infrastructure bill 2021-08-10T04:00:00Z The center-right Tax Foundation found that Ms. Warren’s tax hikes would come with costs. Warren calls for eliminating corporate tax breaks to help pay for Dems’ massive spending package 2021-08-09T04:00:00Z Congressional Republicans objected to tax hikes on the rich or corporations, while also eventually ruling out other measures proposed by the White House, such as stepped-up IRS enforcement on tax cheats. Senate infrastructure deal would add hundreds of billions of dollars to the deficit, CBO says 2021-08-05T04:00:00Z Regarding the July 27 Metro article “Bowser pushes D.C. Council to reassess income tax hike”: Opinion | D.C.’s tax plan penalizes single people 2021-08-04T04:00:00Z “Fifty-four percent of respondents believe that tax hikes proposed by the Biden administration will hurt small businesses.” Harris says Senate vote on infrastructure is ‘point of pride’ for the White House 2021-07-29T04:00:00Z But McConnell also backed the bipartisan infrastructure bill, after using his influence to trim the package back from the White House’s original $2.3 trillion goal, focus it on physical infrastructure and reject proposed tax hikes. As bipartisanship reigns in U.S. Senate, Republicans rage in House 2021-07-29T04:00:00Z “Embracing massive tax hikes and causing inflation to skyrocket.” Get into details about Biden’s plans and beware of GOP inflation attacks, Democratic group advises 2021-07-28T04:00:00Z The King County property tax hike, which would raise an estimated $872 million over six years to fund child-care, after school programs, health centers in schools and other early-intervention programs, has no formal opposition. Future of King County’s Best Starts for Kids program is up to voters 2021-07-28T04:00:00Z But in a statement sent to The Washington Post late last week, Bowser’s office asked council members to “reconsider” the tax hike ahead of final votes on the city’s budget next month. Bowser wants D.C. council to ‘reconsider’ tax increase on the rich 2021-07-26T04:00:00Z However Caterpillar executives sit on the boards of major business groups fighting tax hikes. Some big companies quietly complain about potential tax hikes, while preparing to profit from infrastructure deal 2021-07-21T04:00:00Z Castillo says he wants to increase spending on healthcare and education by raising the funds from mining tax hikes. 'Change is coming': Peru's Castillo faces a divided nation after election battle 2021-07-20T04:00:00Z The president intends to finance his plan with tax hikes on corporations and Americans making more than $400,000 a year. Once rivals, Biden and Sanders are now partners in power 2021-07-15T04:00:00Z Last month, Mr. Manchin said his ceiling for reconciliation is between $1.5 trillion and 2 trillion, provided the tax hikes to pay for it are limited to repealing Trump-era tax cuts. Dems need unity but split on huge social-welfare spending bill, risk scuttling Biden plans 2021-07-13T04:00:00Z The five council members who voted against the tax hike say they support the programs it would pay for, like housing vouchers, a monthly tax credit for low income families and subsidies for day-care workers. Bowser wants D.C. council to ‘reconsider’ tax increase on the rich 2021-07-26T04:00:00Z They note it’s being pushed by business leaders who’ve opposed corporate tax hikes for shelter and housing. Former Washington state lawmaker Jessyn Farrell takes another shot at Seattle mayor’s race 2021-07-07T04:00:00Z President Joe Biden’s proposed tax hikes drove some companies to rush to complete deals before proceeds get taxed at a higher rate. Dealmakers drown in deals in second-quarter M&A frenzy 2021-07-01T04:00:00Z President Biden’s proposed tax increases on corporations and the wealthiest Americans get most of the attention, but numerous other planned tax hikes would affect a broader range of taxpayers, analysts say. Biden’s tax hikes include hidden costs on middle class, critics say 2021-06-26T04:00:00Z Ricchetti’s firm was also hired by many corporations — including AT&T and General Motors — that stand to be hit by Biden’s proposed corporate tax hikes and are fighting to stop them. Biden whisperer, longtime Washington lobbyist helps secure breakthrough in infrastructure talks 2021-06-24T04:00:00Z The corporate tax hike is likely to be revisited in the separate package. Biden claims bipartisan win with deal on infrastructure 2021-06-24T04:00:00Z Wealthy taxpayers would, in effect, be spared from the tax hike approved by voters last year to pay for schools. GOP-led Arizona Legislature OK’s $1.8B income tax cut 2021-06-24T04:00:00Z Wealthy taxpayers would, in effect, be spared from a 3.5% tax hike approved by voters last year to pay for schools. Arizona GOP advances wish list on race, taxes, elections 2021-06-23T04:00:00Z The conservatives argue that tax hikes would harm the economic recovery from the coronavirus pandemic. German liberal FDP rules out coalition with Greens after election -Bild 2021-06-20T04:00:00Z The White House initially held talks with a cadre of Republican senators on infrastructure but Mr. Biden chose to pull out after his calls for corporate and income tax hikes were rejected. New GOP support for infrastructure deal ups pressure on fragile Democratic unity 2021-06-17T04:00:00Z “Proposals for further federal spending, coupled with job-killing tax hikes, are not the remedy for economic recovery.” Prices Jumped 5% in May From Year Earlier, Stoking Debate in Washington 2021-06-10T04:00:00Z They oppose any tax hikes to pay for the new spending. Senators eye $579B in new infrastructure spending, $1T plan 2021-06-10T04:00:00Z Republicans, meanwhile, stood firm that tax hikes were a “red line” for the negotiations. Biden abandons infrastructure talks after Senate GOP refuses to back tax hikes 2021-06-08T04:00:00Z A Republican familiar with the talks and granted anonymity to discuss the private assessment said the GOP senators view that idea as an unnecessary tax hike. Biden rebuffs GOP infrastructure offer, citing broader goals 2021-06-04T04:00:00Z Biden is set to speak with Senator Shelley Moore Capito just days after offering to scrap his proposed corporate tax hike in order to salvage hopes of a bipartisan deal. Racing to salvage infrastructure deal, Biden to reconvene with Republican negotiator 2021-06-04T04:00:00Z Biden wants higher corporate tax hikes and other levies on the wealthy to pay for repairs and has also suggested a fee on commercial truck driving. U.S. House Democrats propose $547 billion surface transport plan 2021-06-04T04:00:00Z Officials say they will pay for these plans through tax hikes on corporations and the wealthy, but Republicans are opposed to such tax increases. Biden privately called Lawrence Summers, a critic of White House agenda, to discuss economy 2021-06-03T04:00:00Z They view the compromise offered by Mr. Biden as merely substituting one tax hike for another, said a congressional aide with knowledge of the negotiations. GOP ready to reject Biden counteroffer of 15% minimum corporate tax to pay for infrastructure 2021-06-03T04:00:00Z For Republicans, the corporate tax hikes are a red line they will not cross. Biden, GOP senator talk as time drags on infrastructure deal 2021-06-02T04:00:00Z Mr. Buttigieg, meanwhile, downplayed the battle over the definition of infrastructure and defended the proposed tax hikes on wealthy individuals and corporations. Pete Buttigieg: President Biden’s budget is bold and responsible 2021-05-30T04:00:00Z Congress actually has to approve all the tax hikes, which appears unlikely. Analysis | Do deficits matter anymore? Biden’s first budget signals they don’t. 2021-05-28T04:00:00Z With the deficit largely unchecked, Biden would use proposed tax hikes on businesses and high-earning people to power huge new social programs like universal prekindergarten, large subsidies for child care and guaranteed paid leave. Biden’s $6T budget: Social spending, taxes on business 2021-05-28T04:00:00Z Ms. Capito’s team previously drew a “red line” on paying for infrastructure with tax hikes, especially rolling back the GOP’s 2017 tax cuts. GOP ready to reject Biden counteroffer of 15% minimum corporate tax to pay for infrastructure 2021-06-03T04:00:00Z The government’s structural deficit remains unchecked, and Biden uses tax hikes on businesses and the wealthy to power huge new social programs like universal prekindergarten and large subsidies for child care. Social spending, business tax hike drive $6T Biden budget 2021-05-27T04:00:00Z Most of the spending proposed by the White House would be new revenue generated from tax hikes on corporations and income. Senate GOP proposes $928 billion infrastructure package as White House talks stall 2021-05-27T04:00:00Z The move drew sharp rebukes from GOP lawmakers, who said the tax hikes in particular are still political nonstarters that would prevent them from supporting any deal. Bipartisan group of senators prepares new infrastructure plan as talks stall between White House and GOP 2021-05-25T04:00:00Z They noted it still contained social spending provisions and tax hikes on U.S. corporations that they have rejected. U.S. Senate Republicans to meet on White House infrastructure talks 2021-05-24T04:00:00Z Still, opposition to tax hikes spans the Republican conference, uniting both moderates and stalwart conservatives alike. GOP ready to reject Biden counteroffer of 15% minimum corporate tax to pay for infrastructure 2021-06-03T04:00:00Z Senate Republican leader Mitch McConnell reiterated Thursday on Fox News that tax hikes on corporations or the wealthiest Americans are nonstarters. White House, GOP infrastructure talks hit crucial stage 2021-05-20T04:00:00Z The Biden administration is slated to depend on Rettig to lead a major escalation of tax hikes and enforcement on the rich. Trump’s pick for IRS chief is now faced with implementing Biden’s economic agenda. 2021-05-19T04:00:00Z The tax hikes are intended to fund part of the president’s more than $2.25 trillion infrastructure plan. Treasury Secretary Yellen’s tax hike pitch swiftly rejected by Chamber of Commerce 2021-05-18T04:00:00Z In a leaked audio recording from a private meeting with peace activists, he suggested strikers should have gone home once Duque buried the tax hike. Ex-rebel capitalizes on Colombia unrest by showing restraint 2021-05-17T04:00:00Z Republicans initially scoffed at Mr. Biden’s price tag and the proposed tax hikes, arguing it was extravagant in light of the massive debt racked from coronavirus relief spending. GOP ready to reject Biden counteroffer of 15% minimum corporate tax to pay for infrastructure 2021-06-03T04:00:00Z But Republicans are refusing Biden’s idea of a corporate tax hike to pay for the investments. White House, GOP infrastructure talks hit crucial stage 2021-05-20T04:00:00Z The White House, for its part, has said Biden opposes a gas tax hike. Biden holds ‘good faith’ infrastructure talks with Senate Republicans, but they’re still far apart on the hardest questions 2021-05-13T04:00:00Z "Biden deserves some credit for trying to pay for permanent programs, but congressional Democrats do not want the politics of these tax hikes on their record in the midterms," he said. McConnell privately assures GOP that Kyrsten Sinema will kill Biden’s tax hike on the rich: report 2021-05-13T04:00:00Z Privately, they exchanged testy words over topics like tax hikes and electric cars, and leaving questions over how committed the parties really are to working together. Biden meets with congressional leaders on a day of turmoil 2021-05-12T04:00:00Z The White House in April released a $2.3 trillion jobs and infrastructure package that would be funded by tax hikes on corporations. Biden’s sweeping — and fluid — tax plans are making some congressional Democrats nervous 2021-05-11T04:00:00Z The White House is actively pushing to pay for any new infrastructure spending through tax hikes. Senate GOP open to higher infrastructure price tag ahead of meeting with Biden 2021-05-10T04:00:00Z And Newsom is leery of any major tax hike, especially when he’s fighting off a recall attempt and is up for reelection next year. Column: California is rolling in surplus cash. But legislators want to raise taxes anyway 2021-05-10T04:00:00Z Doing so could spare businesses from temporary tax hikes that could otherwise be imposed to repay federal loans that funded benefits when jobless rates spiked during coronavirus shutdowns. Some states plan big spending with Biden’s aid, others wait 2021-05-09T04:00:00Z A Morning Consult poll last month found that 65% of voters, including 42% of Republicans, support a corporate tax hike to fund infrastructure investments. Republicans threaten to crack down on "woke" corporations — while pushing to keep massive tax cut 2021-05-04T04:00:00Z Supporters of the White House’s tax hikes say they understand the challenges they face. Biden’s sweeping — and fluid — tax plans are making some congressional Democrats nervous 2021-05-11T04:00:00Z Biden’s infrastructure proposal would lead to an eventual reduction of the debt if the tax hikes are fully enacted. McConnell says GOP open to $600 billion for infrastructure 2021-05-03T04:00:00Z By far the biggest proposed tax hike reported by the tax foundation would raise $200 billion annually to finance a single-payer “Guaranteed Healthcare for All” program. Column: California is rolling in surplus cash. But legislators want to raise taxes anyway 2021-05-10T04:00:00Z Republican lawmakers have doubts about the scope of the proposed package and its tax hikes. Biden to visit Louisiana to promote infrastructure plan 2021-05-01T04:00:00Z But the Republican-led Senate scrapped all tax hikes while passing its own transportation bill. States see potential federal windfall, go slow on road taxes 2021-05-01T04:00:00Z The White House has expressed support for exemptions to the tax hikes on family farms but details remain murky. Biden’s sweeping — and fluid — tax plans are making some congressional Democrats nervous 2021-05-11T04:00:00Z Biden’s tax hikes, the roundtable warned, could also limit corporate investment and hiring. Biden’s corporate tax plan takes aim at income inequality 2021-04-30T04:00:00Z “We heard about the so-called jobs plan, packed with punitive tax hikes at exactly the time our nation needs a recovery,” Mr. McConnell said on Thursday. Joe Biden Has the Vision. Now Chuck Schumer Has to Bring It to Life. 2021-04-29T04:00:00Z Scott’s rejoinder to Biden appeared to suggest that the 1993 Clinton tax hike killed jobs; in reality, the United States added 23 million jobs on Clinton’s watch. Biden’s American Family Plan will help create jobs 2021-04-29T04:00:00Z The Boston Herald on how tax hikes on the wealthy may end up hurting the poor: Editorial Roundup: US 2021-04-29T04:00:00Z To pay for these initiatives, White House officials are also proposing $1.5 trillion in tax hikes aimed primarily at increasing the amount paid by wealthy Americans and investors. White House proposes $1.8 trillion package that would dramatically expand education, safety net programs 2021-04-28T04:00:00Z He said the GOP can be relied on to support infrastructure like roads, bridges and high-speed broadband, but said Democrats are pushing a “liberal wishlist” and “job-killing” tax hikes instead. Sen. Tim Scott: ‘Socialist dreams’ won’t help America thrive 2021-04-28T04:00:00Z A Quinnipiac poll earlier this month found that voters are also significantly more likely to support Biden's infrastructure proposal if it is funded through tax hikes on corporations. Key Democrats want to keep most of Trump’s corporate tax cut -- and slash more taxes for the rich 2021-04-28T04:00:00Z The closest thing to a real argument was the claim that Biden is proposing “the biggest job-killing tax hikes in a generation” — presumably a reference to Bill Clinton’s tax increase in 1993. Biden’s American Family Plan will help create jobs 2021-04-29T04:00:00Z Paying for it would be $1.5 trillion of tax hikes over the next decade on the wealthiest households. A closer look at Biden’s $1.8T for families and education 2021-04-28T04:00:00Z The spending likely won’t be enough for liberal Democrats, and Republicans are essentially unified in opposition to the tax hikes. Biden plan taxes rich, investors for middle-class ‘security’ as agenda price-tag tops $5 trillion 2021-04-27T04:00:00Z There are pushes from some quarters for a wealth tax, beyond the income and investment tax hikes Biden proposes. After COVID relief bill, progressives look for next big win 2021-04-23T04:00:00Z In the case of past capital gains tax hikes, the key to the market response was the state of the broader economy, said Ryan Detrick, chief market strategist at LPL Financial. Investors doubt U.S. capital gains tax plan alone can derail market rally 2021-04-23T04:00:00Z European stocks have opened lower, as expected, after reports of potential capital gains tax hikes in in the US spooked markets. UK retail sales jump 5.4% as Covid-19 restrictions ease – business live 2021-04-23T04:00:00Z Earlier this month, the Treasury Department released details of a tax hike proposal that would replace subsidies for fossil fuel companies with incentives for production of clean energy under President Joe Biden’s infrastructure plan. Exxon expands renewable fuel agreement amid clean energy push 2021-04-22T04:00:00Z “These tax hikes may help Democrats usher in parts of the socialist fantasy they’ve been envisioning,” the South Dakota Republican said. Biden plan taxes rich, investors for middle-class ‘security’ as agenda price-tag tops $5 trillion 2021-04-27T04:00:00Z The strategy is aimed at blunting the ferocity of business opposition to the tax hikes, likely the most controversial part of Biden’s jobs and infrastructure package. Rift between GOP, corporate America creates opening for Biden’s tax plan 2021-04-19T04:00:00Z That same year, voters approved HHH, a property tax hike that pays for permanent housing with programs such as mental health or substance abuse counseling. Garcetti plans nearly $1 billion in spending on programs to address homelessness 2021-04-19T04:00:00Z Overall, we think a surge in retail sales in April will mark the start of a rapid economic recovery that may mean the extra tax hikes and spending cuts that most fear may not materialise. UK retail sales jump 5.4% as Covid-19 restrictions ease – business live 2021-04-23T04:00:00Z Business lobbyists, meanwhile, are privately urging the White House to drop the $400 billion home- and elder-care provisions to cut the bill’s cost and the corporate tax hikes needed to fund it. On infrastructure, lofty ideas are colliding with congressional reality 2021-04-18T04:00:00Z The Chamber opposes Biden's plan to pay for the investments with corporate tax hikes. U.S. Chamber rewards Senators Manchin, Sinema for opposing Biden initiatives | Reuters And many people in both the GOP and business community believe the rift will mend as the corporate tax hikes become closer to a reality. Rift between GOP, corporate America creates opening for Biden’s tax plan 2021-04-19T04:00:00Z If tax hikes pass, the impact on businesses would likely be felt next year. A year after stocks soared, CEOs must show it was warranted 2021-04-15T04:00:00Z On Monday, the Business Roundtable published a survey showing that 75 percent of the 178 members queried said a tax hike would negatively affect their investments in research and development. Hot-button issues from voting rights to tax hikes redraw the lines in corporate America 2021-04-12T04:00:00Z Major business groups said that while the U.S. does need to spend money on infrastructure, the projects shouldn’t be paid for with tax hikes. Democrats reject compromise on Biden’s infrastructure bill 2021-04-12T04:00:00Z Eventually, they reached a patchwork deal to keep the state’s budget afloat without deep slashing, balanced mainly on a temporary state sales tax hike. Analysis: Louisiana lawmakers plan return to old tax debates 2021-04-11T04:00:00Z Republicans are hopeful the tax hikes will remind business groups that Republicans are their natural allies. Rift between GOP, corporate America creates opening for Biden’s tax plan 2021-04-19T04:00:00Z The center said on average only households making above $55,000 would see a net reduction in taxes, while poorer residents are hit hardest by the sales tax hike. WVa income tax cut plan advances to House of Delegates 2021-04-08T04:00:00Z There is also broad support for his infrastructure plan, with 64 percent backing tax hikes on corporations to pay for it. Opinion | The GOP can’t be saved. Center-right voters need to become Biden Republicans. 2021-04-07T04:00:00Z Biden has so far not backed down on his insistence that the proposed spending increases be offset by a range of corporate tax hikes. Biden says he’s open to compromise with Republicans on $2 trillion infrastructure plan 2021-04-07T04:00:00Z Republican lawmakers also denounced the plan as bad for business, with some on the House Ways and Means Committee saying that “their massive tax hikes will be shouldered by American workers and small businesses.” Biden’s tax plan aims to raise $2.5 trillion, end profit-shifting 2021-04-07T04:00:00Z Republicans have already rejected Mr. Biden’s major tax hike proposals, and Democrats are preparing to pass the package without GOP support if necessary. Biden defends $2.25 trillion package: ‘The idea of infrastructure has always evolved’ 2021-04-07T04:00:00Z The new tax hikes on the rich and increases to corporate taxes are expected to generate more than $4 billion in additional revenue each year. New York Reaches Deal on $212 Billion Budget to Jump-Start Recovery 2021-04-06T04:00:00Z Manchin, who has also ruled out scrapping the filibuster to pass voting rights reform, on Monday vowed to oppose Biden's proposed corporate tax hike in the ongoing infrastructure negotiations. Bernie Sanders has “no problem with going to West Virginia” to pressure Manchin on Biden proposals 2021-04-06T04:00:00Z The centerpiece of Biden’s tax hikes is increasing the corporate rate from 21 percent to 28 percent, after President Donald Trump’s 2017 tax law cut it from 35 percent to 21 percent. Biden says he’s open to compromise with Republicans on $2 trillion infrastructure plan 2021-04-07T04:00:00Z Still, some companies expressed an openness to certain tax hikes. Biden’s tax plan aims to raise $2.5 trillion, end profit-shifting 2021-04-07T04:00:00Z Maybe it’s the plan’s pay-fors, those evil tax hikes on corporations! Opinion | The GOP, America’s most selfless political party 2021-04-05T04:00:00Z The chamber criticized proposed corporate tax hikes, arguing that users should pay for the infrastructure bill. Opinion | If we use it, we should pay for it 2021-04-05T04:00:00Z The Biden administration has cited the effort as central to its proposed international tax hikes, which form a key element of how the White House plans to pay for its $2 trillion infrastructure proposal. Yellen warns that slow vaccine rollout in poor countries poses threat to U.S., global economies 2021-04-05T04:00:00Z First, however, Democrats face the daunting task of passing major tax hikes to fund their infrastructure push. Biden says he’s open to compromise with Republicans on $2 trillion infrastructure plan 2021-04-07T04:00:00Z The removal of the 50 cents-per-pack increase that was included in the House budget bill is the latest rejection of a cigarette tax hike by Republicans who dominate the Senate. Blocking of Indiana cigarette tax hike frustrates advocates 2021-04-02T04:00:00Z It’s forming alliances with advocates, while dealing with critics of the plan’s corporate tax hikes and project details. Biden’s ‘Jobs Cabinet’ to sell infrastructure as GOP resists 2021-04-01T04:00:00Z And this year a proposal to stop this automatic tax hike by Rep. Bruce Skaug, R-Nampa, has been denied a hearing. Editorial Roundup: Idaho 2021-04-01T04:00:00Z “When you are talking about tax hikes of this magnitude, I don’t see there being any Republican support on the Hill,” he said. Biden’s Infrastructure Plan Meets Skepticism, Signaling Fight to Come 2021-03-31T04:00:00Z Over the past 20 years, Congress has had at least three major tax cuts and only one modest tax hike in 2013. Analysis | Biden’s infrastructure plan faces controversy over price tag and design 2021-03-31T04:00:00Z Chamber of Commerce strongly criticized the proposed tax hikes in a statement on Wednesday, arguing that while infrastructure spending is necessary “the users who benefit from the investment” should pay for it. White House unveils $2 trillion infrastructure and climate plan, setting up giant battle over size and cost of government 2021-03-31T04:00:00Z He downplayed any risks from corporate tax hikes, since low interest rates mean the costs of obtaining capital are already low for many companies. Biden’s ‘Jobs Cabinet’ to sell infrastructure as GOP resists 2021-04-01T04:00:00Z President Joe Biden’s infrastructure investment plan eschews fuel taxes and other traditional sources of funding for such initiatives in favor of corporate tax hikes that aim to raise $2 trillion in revenue over 15 years. Factbox: Key elements of Biden's corporate tax-hike plan 2021-03-31T04:00:00Z According to the White House, proceeds from the corporate tax hikes would raise: By the numbers: Biden’s proposed new transportation spending 2021-03-31T04:00:00Z But many veteran policy analysts are quick to point out that Congress often rolls back tax hikes, making Biden’s policies unlikely to stay in place the full 15 years. Analysis | Biden’s infrastructure plan faces controversy over price tag and design 2021-03-31T04:00:00Z Biden released the spending plan with a slew of tax hikes on businesses, which could be the most contentious part of his proposal. White House unveils $2 trillion infrastructure and climate plan, setting up giant battle over size and cost of government 2021-03-31T04:00:00Z Chamber of Commerce and Business Roundtable — major players in terms of donations — both strongly oppose the tax hikes. Analysis: Bumpy road ahead for Biden’s infrastructure plan 2021-03-31T04:00:00Z |
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