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FINANCIAL CRISIS

Global capitalism on the brink?

Billion-dollar bailout schemes and major bankruptcies have sent taxpayers and traders reeling with shock as global banking systems teeters on the brink of collapse. Is this the end of global capitalism as we know it?
Obama to propose 'Buffet tax' on wealthy
18/09/2011 - UNITED STATES

Obama to propose 'Buffet tax' on wealthy

Taking a cue from billionaire investor Warren Buffet, US President Barack Obama will seek to raise the tax rate on the wealthy so they pay at least as high a percentage as middle-income earners in a deficit reduction plan to be announced Monday.
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Spain revives wealth tax to tackle debt
16/09/2011 - SPAIN

Spain revives wealth tax to tackle debt

Spain’s Socialist government has approved the re-introduction of a tax on the country’s wealthiest as part of efforts to tackle its budget deficit. The government had scrapped a previous wealth tax in 2008.
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Greece unveils €2 billion in cuts to secure EU/IMF bailout
12/09/2011 - GREECE

Greece unveils €2 billion in cuts to secure EU/IMF bailout

Greece’s government announced some €2 billion in spending cuts and introduced a special tax on real estate Sunday in a bid to meet its stringent budget goals and secure another tranche of an EU/IMF rescue package.
Algirdas SEMETA, European Commissioner for Taxation and Customs Union
09/09/2011 - THE BUSINESS INTERVIEW

Algirdas SEMETA, European Commissioner for Taxation and Customs Union

Is a tax on stock transactions a good idea? Markus Karlsson asks European commissioner Algirdas Semeta, who wants the EU to back a 0.1 tax on trading.
Coke suspends French investment plans in protest at ‘sugary sodas’ tax
08/09/2011 - FRANCE

Coke suspends French investment plans in protest at ‘sugary sodas’ tax

Coca-Cola is suspending plans for a €17 million investment in its factory in the south of France it announced Thursday. The move is in protest at France’s plans to slap a tax on sugary sodas. The government says the tax will raise €120 million.
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Swiss bankers oppose mooted US tax treaty
05/09/2011 - BANKING

Swiss bankers oppose mooted US tax treaty

The Swiss Bankers Association on Monday spoke out against another possible tax treaty with the United States that could force Swiss banks to divulge details of their American clients suspected of dodging US taxes.
Taxing the rich: should wealthy people pay more?
30/08/2011 - THE DEBATE

Taxing the rich: should wealthy people pay more?

The rich and super-rich want to pay more taxes to help the economy. It started with American business tycoon Warren Buffet. Then here in France, fifteen billionaires followed suit. In Italy and Germany, the wealthy have also said they want to pay more to help balance their countries' finances. But can these good intentions actually produce the desired effect? And why are billionaires offering more money?
Taxing the rich: should wealthy people pay more? (part 2)
30/08/2011 - THE DEBATE

Taxing the rich: should wealthy people pay more? (part 2)

The rich and super-rich want to pay more taxes to help the economy. It started with American business tycoon Warren Buffet. Then here in France, fifteen billionaires followed suit. In Italy and Germany, the wealthy have also said they want to pay more to help balance their countries' finances. But can these good intentions actually produce the desired effect? And why are billionaires offering more money?
Socialist primaries: all for one, but each one for himself
30/08/2011 - THE WEEK IN FRANCE

Socialist primaries: all for one, but each one for himself

This week we head to the Socialist Party's summer camp as France's main opposition party gears up for its primaries. Also, lawmakers consider abolishing some tax breaks after a report revealed they cost the government billions of euros every year. Finally we follow Jerome Hamon, the first person in history to have a total face transplant.
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