Posts Tagged ‘goverment spending’

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WASHINGTON D.C. – Over the last century US taxpayers have been paying an increasing levels of taxes, and the government’s spiraling expenses mean that these tax payments could be hiked even further in the near future.

ROME: Italy’s largest ruling party has proposed legislation to raise government revenues by making it more expensive for multinational online companies like Google, Amazon and Yahoo to do business there.

Chancellor George Osborne will be forced to abandon the Government ring fence-around the NHS and pension budgets and further cut public spending if he is to keep pledge not to raise taxes after the 2015 election, a leading think tank has said.

BEIJING–An expansion of China’s value-added tax reform program will reduce the central government’s revenue by CNY120 billion ($19.44 billion) this year, China’s Minister of Finance Lou Jiwei said Wednesday.

WASHINGTON D.C. – An increase in the rate of payroll tax in the US is having a detrimental effect on consumer spending.

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