Tag: taxes

• Tuesday, October 25th 2011 - 04:00 UTC

  US to rescue borrowers whose loans are worth more than their homes

  

  The US housing market regulator has agreed to extend a refinancing scheme for borrowers whose loans are worth more than their homes.

• Wednesday, October 19th 2011 - 23:17 UTC

  Piñera looses support from business sector in the conflict over education reform

  

  Following on the examples of their German, French and some US peers, Chilean business leaders have asked for an increase in taxes they pay to help finance social demands in spite of the strong opposition of President Sebastián Piñera administration.

• Monday, October 3rd 2011 - 16:57 UTC

  Denmark taxes food with more than 2.3% of saturated fat

  

  In a bid to encourage healthier eating among its citizens, Denmark has introduced a tax on foods containing more than 2.3% saturated fat. As from last Saturday, all such products in Denmark now carry a tax to the tune of 16 Danish krone (2.86 dollars) per kilogram of saturated fat that goes into making them.

• Tuesday, September 20th 2011 - 09:12 UTC

  Obama outlines tax the rich and reduce deficit plan; Republicans call it ‘class warfare’

  

  President Barack Obama has outlined plans to reduce the US deficit and to kick-start economic growth. At the White House, he proposed cuts to healthcare benefits but said business and the wealthy must pay higher taxes.

• Wednesday, August 31st 2011 - 21:29 UTC

  Controversy over US highest paid CEOs and taxes paid by their companies

  

  The 25 highest paid US chief executives earned more last year than their companies paid in federal income tax, a study has said. The average annual remuneration of the 25 bosses was 16.7 million dollars, the left leaning think tank Institute for Policy Studies (IPS) found.

• Thursday, April 21st 2011 - 06:31 UTC

  Tax revenue in Brazil surges 9.7% in March on the back of consumer demand

  

  Brazil's tax revenue surged in March on the back of consumer demand that has continued to be robust the federal tax authority said this week.

• Saturday, December 18th 2010 - 08:55 UTC

  Obama signs bipartisan tax-cut bill resisted by hard core Democrats

  

  United States president Barack Obama signed Friday into law an 858 billion US dollars bill extending for two years Bush-era tax cuts to boost a fragile economy and add jobs.

• Wednesday, December 8th 2010 - 07:19 UTC

  Obama defends tax deal with Republicans: “real money for real people”

  

  President Barack Obama said on Tuesday the tentative tax deal he struck with Republicans is a good deal for the American people and a long political fight over tax cuts would have been bad for the US economy.

• Sunday, October 24th 2010 - 02:12 UTC

  Cuba outlines taxes to be paid by the growing number of self-employed workers

  

  Cuban government has outlined the taxes that will have to be paid by the country's growing number of self-employed workers. It is the latest stage of President Raul Castro's reforms to move Cuba away from a solely state-run economy.

• Tuesday, October 19th 2010 - 03:28 UTC

  Brazil again ups tax on incoming capital; calls for end to the “currency war”

  

  Brazil increased taxes on foreign investments in fixed-income securities for the second time in a month and Finance Minister Guido Mantega said countries trying to defend exports must end the “currency war.”