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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

The Finance 202: The GOP's tax cut hasn't delivered a pay bump yet. Defenders say: Just wait for it

Toder also points to factors he argues will step on the virtuous cycle that the Tax Foundation describes. Chiefly, the federal government needs to borrow heavily to fund the tax cut, and that deficit ... read more

Trump tax cuts carry a big price tag: Huge debt and risk of another financial crisis, budget office warns

The tax cuts championed by President Trump are helping push the nation toward an unprecedented level of debt, heightening the risk of another financial crisis ... It is estimated to increase the defic... read more

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One way to help clients cut taxes in retirement: Tax Strategy Scan

They should also settle their unpaid taxes as soon as they can, as waiting until the deadline could mean accruing too much ... of the president’s policies: that tax cuts would blow a hole in the defic... read more


Australian government facing defeat over energy policy and company tax cuts

They are multi-billion dollar tax cuts for the largest companies and a so-called ... The turmoil wracking the government has now reached the point of media speculation that Turnbull could soon face a ... read more

5 Key Financial Misadventures of the Trump Era (So Far)

Last year, they only contributed 9% of the tax receipts of the government and that’s likely to drop further to a record low this year, sending the deficit soaring ... and reducing demand. They could f... read more

Colombia's New President Ivan Duque And Financial Inclusion

However, some are worried that these tax cuts will worsen the deficit and push through reforms that will not prove to be popular. All this makes it the perfect platform for the uptake of fintech throu... read more

Zweifel column: GOP has no credibility on trimming federal deficit

Whenever the economy was at a point where the budget deficit was closing, the GOP saw fit to enact healthy tax cuts ... and could go as high as $60 billion. Then there’s the $12 billion Trump plans to ... read more

Calling Wall Street A ‘Gambling Casino,’ Democratic Rep. DeFazio Proposes Financial Transactions Tax

The tax could help shrink the deficit — its previous iteration was estimated to add $150 billion a year to federal coffers — and spare Social Security, Medicare and other programs from jarring cuts .. ... read more

US Treasury outlines tax reforms over $3tn offshore cash pile

Editor's note: This story is available as a result of a content partnership with the Financial ... cut in corporate tax from 35 per cent to 21 per cent. The US Congressional Budget Office has said tha... read more

Do Democrats have a ‘plan’ to cut Medicare spending by $800 billion?

O’Connor has made headway by charging that Balderson’s support of President Trump’s debt-financed tax cut will lead to ... the program’s financial condition. So, when we saw the ad, we wondered if thi... read more



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