TAX




Trump’s policies are boosting inflation

Is Trump’s Tax Plan Really Serious?

Donald Trump’s tax plan, which is now being debated in the Senate, states very seriously that its effect will be to multiply investment and jobs. That’s up for discussion, given that the US has probably reached its maximum potential, namely in terms of GDP without inflation and the jobless rate is at 4%.



Trump's certainties: oil & taxes

Trump’s Two Certainties: Oil & Taxes

After two days in Washington DC meeting with politicians and policymakers, BoAML analysts conclude that energy “is a policy cornerstone, together with tax reform, in this Administration”



taxes confiscation

Spain’s Tax System Sometimes Borders On Confiscation

A few weeks ago Spanish soprano Ainhoa Arteta let loose and made some harsh comments to the press, complaining that the Inland Revenue is “crushing” her with taxes. And once again everyone is betting the government will implement tax hikes to provide a solution for the 5 billion euros imbalance in the public deficit and comply with the 3.1% target demanded by the European Commission.

 


google2

Google Resists Europe’s Fiscal Pressure

What’s going on with technology giant Google, and other similar firms like Amazon or Apple, is really scandalous. The company with headquarters in Mountain Valley, and now called Alphabet, posted spectacular pretax profits of 19.651 billion dollars (26% of its income of 75 billion). But it hardly paid any tax abroad.