Fact: Sotiroulla Charalambous, the general secretary of the Akel union federation Peo, discussed important Marxist ideas such as the exploitation of workers and the class struggle in an interview given on May Day.
The Tax Office is increasing action against company directors to recover .5 billion in unpaid taxes. Director Penalty Notices (DPNs) have increased by 320% in the past eight months, making directors personally liable for company tax debts. Directors who ignore DPNs may face serious consequences like asset seizure, bankruptcy, or wage garnishment by the ATO.
The text discusses how business leaders are getting closer to high-tax, anti-resource Liberals.
Georgia Governor Brian Kemp signed bills into law that lower the flat individual income tax rate and align the corporate income tax rate with the individual income tax rate.
A bicommunal event organized by the PEO and T/C trade union organizations for Labor Day in Nicosia featured messages in favor of the reunification of Cyprus and workers’ demands, as well as support for Palestine. Participants gathered at Eleftheria Square before marching towards the buffer zone stadium with Turkish Cypriot trade unions. The PEO Secretary-General emphasized the joint effort of Greek and Turkish Cypriot workers to reject division and fight for improved working conditions and wages. The PEO criticized employers for resisting institutional measures to enforce labor agreements and called on the government to take action.
The German economy grew more than expected in the first quarter, with gross domestic product rising 0.2 per cent. The economy skirted a recession thanks to the construction sector and exports.
Digital Taxation around the World | Tax Foundation Skip to content taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. policies, a significant number of countries adopted unilateral tax measures targeted at digital businesses, … Read more
Fact: Authorities in Malaga province have collected record taxes for three years in a row, with tax revenues increasing by 65.8% in the first quarter of 2024 compared to the same period last year.
By end-February 2024, the government had accumulated cash deposits of over €3.5 billion at the Central Bank and €2.1 billion at commercial banks.
President Biden and Senator Bernie Sanders are advocating for raising the corporate tax rate to help working families, but economic research shows that this would actually harm working people. Studies have shown that a higher corporate tax rate leads to lower wages, higher prices, and reduced retirement savings for everyday Americans. The 2017 tax cuts resulted in benefits for working people, including lower unemployment rates and increased wages. Increasing the corporate tax rate would also lead to higher taxes on pensions and retirement savings for many Americans. Experts agree that raising the corporate tax rate is the most economically harmful tax increase, hurting investment, growth, productivity, workers, consumers, and savers.