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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

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

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

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China's $US300b tax cut a key growth stabiliser

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


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

Fiscal deficit of 3.3% is just a number, can go up to 3.55%: party colleagues, advisors comfort FM Arun Jaitley

Along with this, the plan is to extend benefits to the middle-class via tax breaks in direct tax ... to match the revenue projections for the ongoing financial year. All these sops could be part of th... read more

Building on Ocasio-Cortez: More progressive ways to raise much-needed tax revenues

If such efforts are thwarted by those who view tax policy as a one-way ratchet (rates can only go down, never up), then deficit ... tax cut trims the revenue flow from this option, at least through 20... read more

China's $300 Billion Tax Cut Is Key Growth Stabilizer: JPMorgan

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. In all, the reductions ... read more

Tesla Q4 Financial Estimates — Tesla Will See Profits, Just Not As Much

It’s merely speculation at this point. Tesla delivery and financial numbers are never ... Street vehicle delivery estimates, cuts prices to offset tax credit. If things were really bad, Tesla ... 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

China plans slightly larger 2019 fiscal deficit target of 2.8 percent: Bloomberg

China’s annual economic targets, usually announced in March, are closely watched by financial markets ... more aggressive tax reductions in 2019, fanning expectations among economists that the annual ... read more

China Rolls Out Further $29 Billion in Tax Cuts Amid Slowdown

Late Wednesday, state media announced a package of tax cuts for small and micro ... The final number could still change. While officials have pledged a pro-active fiscal policy this year, the proposed ... read more



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