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2005 results for "wealth tax"
Swedish retirees are looking back with regret at their country's 2006 decision to abolish the wealth tax, saying they didn't realize how much it would transform their egalitarian society. Two decades later, Sweden has become a "paradise for the super-rich" with 42 billionaires and growing inequality.
A new bill could eliminate federal income tax on the first $75,000 earned by most American households, putting thousands back in workers' pockets each year. The Keep Your Pay Act would cut the typical family's federal income tax by 85% while expanding credits for children and working families.
Nigeria just ended roadside tax checkpoints and cash payments as part of sweeping reforms to make taxation fairer and more transparent. Small businesses earning under $7,000 annually are now completely exempt from taxes.
Countries worldwide are pushing for a groundbreaking UN tax treaty that would make fossil fuel companies pay for climate damage and ensure the ultra-rich contribute their fair share. The framework could generate trillions for climate recovery and prevention.
Millions of Americans filing their 2026 taxes can claim new deductions that could save thousands, including breaks on tips, overtime, and car loan interest. The average tax refund is up nearly 11% this year, putting more money back in people's pockets.
Travel icon Rick Steves is publicly praising Washington's new millionaires tax that will cost him over $100,000 annually. His heartfelt message about fairness and community is changing how people think about wealth and responsibility.
In a surprising turn, 62% of millionaires now admit that extreme wealth poses a real threat to democracy. Even the wealthy are calling for higher taxes on the ultra-rich to protect fairness and opportunity for everyone.
Over 100 wealthy Britons, including Gary Lineker and Richard Curtis, are asking Prime Minister Andy Burnham to raise their taxes. They say they can afford it and want to help fund a better Britain.
New York City just passed its first-ever tax on luxury second homes worth over $5 million, targeting ultra-wealthy absentee owners. The move is expected to raise $500 million annually for free childcare, cleaner streets, and safer neighborhoods.
A South Korean official has proposed taxing AI profits from tech giants like Samsung and SK hynix to fund programs for young entrepreneurs, rural communities, artists, and retirees. The idea comes as the country's semiconductor boom drives record earnings and stock market highs.
Trained volunteers across Topeka are helping people who can't afford tax preparation services file their returns completely free. With tax season ending next week, the VITA program continues serving families who need support navigating tax season.
Tanzania is raising taxes on cigarettes and sugar to help pay for universal health insurance, turning harmful habits into healthy futures. The new levies are expected to generate billions for healthcare access across the country.
After three decades on Spain's tax haven blacklist, Gibraltar has been officially cleared thanks to proven tax cooperation and transparency reforms. The move recognizes real progress in international tax standards and marks a turning point in relations between the two territories.
Nigeria's new tax law gives freelancers and workers a crucial 30-day window to contest unfair tax assessments before they become final. The reform aims to bring millions into the formal tax system while protecting their right to accurate billing.
Eight volunteers in Great Bend, Kansas just helped 281 older adults navigate tax season for free, securing vital refunds and building financial security. The AARP Foundation Tax-Aide program has been delivering this lifeline to communities nationwide since 1968.
Kenya's tax authority is equipping 350 officers with body cameras to record every interaction with the public, tackling corruption that's cost the country millions. The move combines technology with transparency to rebuild trust in tax collection.
New York City just passed a tax on ultra-luxury second homes worth $5 million or more, generating half a billion dollars annually for childcare, safer streets, and cleaner neighborhoods. The tax only affects ultra-wealthy non-residents who own property in the city but don't live there.
Trained volunteers are helping working families in New Orleans file taxes for free and claim thousands in tax credits they might otherwise miss. The University of Holy Cross is hosting walk-in tax prep every Saturday through April 12, with no appointment needed.
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South Africa just cancelled a massive $1 billion tax increase planned for 2026, thanks to stronger collections from everyday spending and booming gold prices. Taxpayers can breathe easier knowing the government found a better path forward.
Trained volunteers at OSU-Cascades are offering free tax filing assistance to Central Oregon families earning under $67,000. The service runs through Tax Day with on-site appointments in Bend.
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