Politics ❯ Government Policy ❯ Fiscal Policy

Taxation

Income Tax Public Spending Wealth Tax Tax Cuts Fuel Duty Tax Increases Public Finance Property Tax Value Added Tax Corporate Tax

OECD Report Finds Mexico’s Worker Tax Burden at 21.7% as 2025 Rates Rose in Most Countries

The OECD flags higher 2025 labor taxes that are squeezing take-home pay.

Spanish Contemporary Galleries Close for a Week to Demand Lower Art VAT

EY Sees UK Growth Slowing to 0.9% in 2026 as Investment Contracts and Joblessness Peaks

Russia Sets 22% VAT From January 2026 as Finance Minister Plays Down Inflation Impact

UK Sets 2028 Per‑Mile Charge for Electric Cars

Édouard Philippe Unveils €50 Billion‑a‑Year Business Tax Swap for 2027 Platform

Ukraine Submits 2026 Budget to Parliament With Higher Bank Tax and Added Spending

UK Shop Prices Fall for First Time Since March

Reeves Pressed to End 5p Fuel Duty Cut as OBR Assumes March Reversal

Productivity Commission Opens Review of WA GST Deal Costing $60 Billion by 2029

Tajani Floats IRPEF Exemption for Italy’s 13th‑Month Pay in Budget Talks

Sitharaman Rules Out Near-Term GST for Fuel and Alcohol

UK Retail Slump Enters 11th Month as Services Confidence Falls Again

CSU Move to End Heat-Pump Subsidies Triggers Coalition Clash

Valencian Government Acknowledges €61M Annual Shortfall From Wealth Tax Exemption

South Korea Unveils Broad Tax Overhaul to Strengthen Fiscal Base

European Commission Withholds €1.1 Billion From Spain’s Recovery Payment Over Delayed Reforms

UK Living Standards to Stall Through the Late 2020s

Japan’s PM Rejects Debt-Funded Tax Cuts as Economy Contracts and Fiscal Woes Deepen

Baden-Württemberg Municipalities Face Revenue Shortfalls and Budget Freezes