Taxes in Developed Nations Reach 36% of Gross Domestic Product
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The cost of government has risen about 20 percent since 1975, when taxes accounted for less than 30 percent of the gross domestic product of the O.E.C.D.âs member countries.
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US president George W Bush had repealed an internationally disputed export tax subsidy but lavished $140 billion (R868 billion) in new tax breaks on corporations.
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ROME : Italian taxpayers will be hit in the wallet with a wave of tax and tariff hikes as of February 1 representing an average additional burden of 98 euros (128 dollars) a month, three times the income tax ...
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President Bush is not ruling out raising taxes on people who earn more than &#36;90,000 as a way to help fix Social Security's finances.
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It was the main driving force behind the country&#39;s post-war economic miracle and even now still accounts for 20 percent of Germany&#39;s gross domestic product (GDP) and 3.3 million people are currently employed in the sector directly, or as many as 8.8
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The tally of billionaires around the globe reached a high of 946, their combined wealth growing 35 percent to $3.5 trillion
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President Bush showered &#36;136 billion in new tax breaks on businesses, farmers and other groups Friday, quietly signing the most sweeping rewrite of corporate tax law in nearly two decades.
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The $60.3 billion deficit for November reflected record levels for imports of everything from oil and consumer goods to farm products, the government reported.
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Hopes for more tax relief, looser regulations, and an increase in trade.
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that is, in other countries such as China and India. According to an IDC study, China&#39;s IT growth is expected to be 15% annually and India&#39;s about 20%.
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a deficit of $54 billion -- represented a 6.9 percent widening from July&#39;s trade gap of $50.5 billion. The bad news on trade is likely
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While developing nations China, Brazil and India grow at break-neck pace with their burgeoning industry and farming, industrialized countries want them
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The House on Thursday passed a &#36;145.9 billion package of tax relief to extend three popular middle-class tax cuts, giving President Bush his fourth major tax victory since taking office.
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Developing nations are on course to record their strongest economic growth since 1974, the World Bank says.
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China&#39;s tax on its textile exports is a backward step last week&#39;s twist in textiles is depressing proof, if any were needed, of how hard it is to straighten out world trade.
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People living in states without income taxes could see their federal income taxes fall by about &#36;500 if they itemize deductions under the corporate tax overhaul approved by Congress.
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A new study shows there is a $300 billion gap between what taxpayers owe and what they pay