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Taxes

Paying taxes is considered to be a civic duty, and yet we often hear people moan and groan about these regular deductions - all the more so since not all forms of taxation seem to make economic sense.

And sometimes, it's tax breaks offered to some that others view as a grave injustice, because they themselves do not get the same preferential deal. This page collates recent DW content on the topic.

US Senate passes landmark climate bill 08.08.2022

The US Senate has approved hundreds of billions of dollars to fight climate change. The House of Representatives is expected to follow, making this a major victory for President Joe Biden.
US Senate passes $430 billion anti-inflation bill

US Senate passes $430 billion anti-inflation bill 07.08.2022

The bill aims to tackle climate change, lower the costs of medication for the elderly and reduce energy prices, while forcing the wealthy to pay more taxes.
French lawmakers endorse €20 billion anti-inflation package

French lawmakers endorse €20 billion anti-inflation package 03.08.2022

After a heated debate, France's National Assembly voted in favor of raising pensions, capping rent increases and allowing companies to pay out higher tax-free bonuses.
Oil profits raise questions about tax, green investment

Oil profits raise questions about tax, green investment 03.08.2022

A string of record-breaking profit reports from the world's largest oil companies has raised eyebrows, given that consumers around the world are grappling with a worsening energy crisis.
Mega Millions: US lottery player wins one of the highest jackpots ever

Mega Millions: US lottery player wins one of the highest jackpots ever 30.07.2022

One jackpot-winning lotto ticket bought in a Chicago suburb has made its owner an overnight billionaire. Taxes, however, will gobble up a significant chunk of the more than $1.3 billion prize.

Ghana turns to IMF amid worsening economic conditions 30.07.2022

With inflation nudging 30%, high public debt and the country's currency losing value against the US dollar, Ghana is turning to the International Monetary Fund for support. The government blames the Covid-19 pandemic and Russia's invasion of Ukraine.

US Democrats finally agree on $430 billion anti-inflation bill

US Democrats finally agree on $430 billion anti-inflation bill 28.07.2022

The bill aims to spend $369 billion on energy and climate initiatives and $64 billion into state-funded healthcare. It also looks to raise minimum taxes for big companies.
Colombia's new left-leaning president has big economic plans

Colombia's new left-leaning president has big economic plans 25.07.2022

President-elect Gustavo Petro will take up his office on August 7. He is trying to bring together a coalition of politicians to make sure he can get through his economic, tax and land reforms.

How can Sri Lanka recover from economic collapse?

How can Sri Lanka recover from economic collapse? 23.07.2022

A bailout from the International Monetary Fund will be critical in stabilizing Sri Lanka's finances, but critics say the Indian Ocean island needs to tackle food insecurity and political instability first.
Hungary: Protesters angered by Orban-backed tax reforms

Hungary: Protesters angered by Orban-backed tax reforms 17.07.2022

At least 1,000 people took to the streets to protest against a new law that curtails tax relief for scores of small businesses. They come at a time when PM Viktor Orban is facing some of his toughest challenges yet.

DW Business - America

DW Business - America 14.07.2022

EU Slashes Outlook - Hungary's Tax Measures - Salt Solution
Germany, the digital desert

Germany, the digital desert 14.07.2022

The crash of Germany's online tax filing system left some 36 million property owners in the lurch. It is the latest embarrassment for a country that is routinely mocked for the woeful state of its digitalization.
Ex-F1 boss Ecclestone charged with massive asset fraud

Ex-F1 boss Ecclestone charged with massive asset fraud 11.07.2022

The 91-year-old is accused of hiding nearly half a billion euros worth of foreign assets from UK tax authorities. The controversial billionaire says the news comes as no surprise.
Are Germany's fossil fuel companies too big to fail?

Are Germany's fossil fuel companies too big to fail? 08.07.2022

After pushing for greater reliance on Russian gas, the German utility giant Uniper has asked for a bailout amid a growing energy crisis. DW explores whether tax payers should bear the brunt of a bad business model.

Don't Hold Back: Say it loud!

Don't Hold Back: Say it loud! 06.07.2022

Money, sex, relationships, career, and more! Every month, a new episode of an honest, inspirational, and exciting podcast brings you stories from guests that will win your heart or at least leave you thinking.

Vietnam's climate credentials come under scrutiny after activist jailing

Vietnam's climate credentials come under scrutiny after activist jailing 29.06.2022

The Vietnamese government's commitment to action on climate change is in the spotlight after a leading environmental activist was sentenced this month to two years in prison on murky charges of "tax evasion."
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