Taxation News

Washington - Libertarians claim taxation is theft. Usually politicians disagree, but an agency of the American Government has let the cat out of the bag.

Madrid - Spain is moving in a different direction now, although the Spanish economy is still faltering, they do have a plan. It looks nothing like the American plan for recovery.

The BBC is currently broadcasting a series that asks this perennial question. The consensus so far appears to be that multinationals are the bad guys. But are they?

London - Leading British MPs are unhappy with the taxation Google, Amazon and other big companies pay here. Perhaps they would like them to take their profits - and the wealth they create - elsewhere?

London - Deputy Prime Minister Nick Clegg has said the rich should pay more tax. This will be popular with the man in the street, but is it wise?

The comedian Jimmy Carr has come under fire from no less than Britain's Prime Minister for his aggressive tax avoidance, but this time, David Cameron is barking up the wrong tree.

Travelling throughout the UK has become increasingly expensive, so has standing still, as local authorities and even hospitals look for innovative ways to pick the pockets of the commuter, shopper and trader alike.

The release of Mitt Romney's tax returns is likely to raise the debate over taxes. They reveal the disparity between the tax rates of the extremely wealthy presidential candidate and the average voter.

London - Today, the 'London Evening Standard' has revealed a plan to slap yet another tax on Londoners, this time it is one that could decimate the tourist trade.

After Republican presidential candidate Herman Cain set the bar with his 9-9-9 flat tax plan and his GOP competitors appeared to have nothing similar in response, Texas Governor Rick Perry introduced a hybrid 20 'flat' tax.