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Financial Speculation Tax Could Cut Deficit - Latest News


Financial speculation tax could cut deficit

NEW YORK (CNNMoney.com) -- As the deficit debate in Washington grows increasingly noisy, a research group said Monday that a tax on financial "speculation" could help resolve some of the nation's thor... read more

Salinas to talk financial priorities, tax and benefit cut proposals

Salinas also could ... deficit would swell to $60 million. More: Salinas council likes 'tough' suggestions on taxes, benefits but worries about feasibility When Measure G sunsets two years later, the ... read more

Higher property taxes are not on the table in Hernando County. Cuts and consolidations are.

BROOKSVILLE — One truth emerged from a Hernando County Commission budget meeting this week: The view from the top of an $11.4 million financial shortfall is ugly in every possible direction. Solving t... read more

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Tax cuts are causing a massive US debt deficit, believe it or not

Zero research, only speculation ... The only thing that could make this work would be if the tax cuts resulted in a much stronger economy that produced more revenue that ultimately reduced the deficit ... read more


The U.S. Budget Deficit Is About to Top $1 Trillion. Here's How That Could Affect Your Money in 2019

For years, the U.S. and other nations have piled on debt as they sought to spur economic growth in the wake of the financial ... deficit, exacerbated by the Trump Administration’s 2017 tax cuts ... read more

China Presses on With Tax-Cut Strategy as Lending Stabilizes

Earlier this month, the State Council announced a $29-billion annual tax cut plan for small companies. The change of approach is being driven largely by China’s debt load, which makes funding a splurg... read more

Sen. Kamala Harris’s 2020 policy agenda: $3 trillion tax plan, tax credits for renters, bail reform, Medicare for all

Only 17.4 percent of the benefits from the GOP tax cuts would ... new tax on large financial institutions. Fiscal hawks say it would cost too much, even more than the GOP tax law, and that it would dr... read more

Signs point to subdued US recession risk for 2019

The Trump tax cuts disproportionately favored small business ... That will offset weak CapEx and a higher trade deficit, and produce overall GDP growth of 2%-3% a year, everything else being equal. Al... read more

Impact of China’s tax-cut stimulus is estimated at US$300 billion, or 1.2 per cent of output, according to JPMorgan’s economists

The impact on growth could be modest though, they wrote as more vigorous tax collection can dampen the benefit and the transmission of tax cuts to the economy is uncertain ... The nation’s augmented f... read more

How deficits could save global growth

"The world does not look like an otherwise healthy economy hit by an idiosyncratic shock," the editors of the Financial Times ... share of the population. Tax cuts should have the same focus. read more

Recovery plan in Scranton School District could include layoffs, tax hikes, closures

A recovery plan for the Scranton School District could include school closures, tax hikes ... appointed financial recovery officer will present a comprehensive plan designed to move the district towar... read more

Africa: A New Spectre Is Haunting Europe

but to financial speculation. Politics became subservient. Governments lowered taxes on the who stashed the unbelievable amount of 62 trillion dollars in tax havens, according to the Tax Justice ... read more



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