Tax Policy
French PM Targets Deficit Cut Without Wealth Tax
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France's new Prime Minister Michel Barnier has outlined ambitious plans to reduce the country's budget deficit to 4.7% of GDP by 2026, explicitly ruling out the introduction of a wealth tax. In a recent interview, Barnier emphasized fiscal discipline through spending cuts and efficiency measures, amid ongoing economic pressures and political debates over taxation. This announcement comes as France grapples with high public debt and the need to stabilize its finances in line with European Union guidelines.
Opposition divided on tax policy ahead of 2026 election
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Swedish opposition parties are deeply divided on tax issues ahead of the 2026 election, with a multi-billion kronor gap. The Center Party stands on one side, while the Green Party and Left Party are on the other. Analyses highlight disagreements over both money and ideology.
Ethiopia shifts from blanket tax breaks to performance-based incentives
Ethiopia's federal government is undertaking a landmark shift in its investment incentive regime. It is moving away from broad-based tax holidays to performance-based incentives.