Carian mengenai topik tax hike

With greater prospects of divided government, the fiscal response in 2021 looks much different.

Abe said he needed a mandate to shift some revenues from a planned future tax hike to social spending, besides seeking support for a tough stance toward North Korea's repeated missile, nuclear tests.

Moon Jae-in has said he wants to hire more firefighters, teachers and policemen, but his main objective will be to protect a fragile recovery in Asia's fourth-largest economy.

Japan's economic recession will make it almost impossible for PM Shinzo Abe to delay a fresh sales tax hike and snap elections.

Japanese Prime Minister Shinzo Abe is considering postponing a tax hike and dissolving the powerful lower house for a snap election in December, reports said Wednesday.

After bitter New Year brinksmanship, the US Congress finally backed a deal to avert a "fiscal cliff" of tax hikes and massive spending cuts that had threatened to unleash economic calamity.

The White House and top Republicans struck a dramatic deal to avert huge New Year tax hikes and postpone automatic spending cuts that had threatened to send the US economy into recession.

The search for an elusive fiscal deal aimed at avoiding blanket tax hikes and drastic spending cuts was in the hands of US Senate leaders Saturday.

Protestors angry over recent announcement of spending cuts and tax hikes amidst allegations that public finances are used to rescue ailing banks and regional governments