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With the rise in UK taxation, and an ever more onerous regulatory environment, UK bankers are looking for options. The conventional thinking was that other options existed, and that Westminster had better move carefully on suppressing City activity. …
An inefficient economy, semi-Soviet social sphere, fragile democracy, negative demographic trends, and unstable Caucasus represent very big problems, even for a country such as Russia. But all is not lost, nor is it all negative. This article is…
This article from BusinessDay (South Africa) demonstrates that, like night follows day, taxation follows fiscal stimulus! Recession is taxing the mind of governments
Canada’s Current Fiscal Imbalance
Personal and corporate income taxes, and excise tax revenue are down, with corresponding increases in program expenses. Program expenses in June 2009 were $20.7 billion, up $4.2 billion, or 25.2 per cent, from June 2008. This increase is…