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Thai airlines push for jet-fuel tax reduction
FRIDAY, JUNE 14, 2024
Thai Airlines Association seeks excise cut amid industry challenges, while the Finance Ministry stipulates that any tax cuts must lead to lower ticket prices
S. Korea to extend fuel tax cuts amid inflation woes
MONDAY, JUNE 20, 2022
The South Korean government on Sunday decided to further extend tax cuts on fuel consumption as part of efforts to ease inflationary pressure from surging energy costs.
'Trickle-down' tax cuts make the rich richer but are of no value to overall economy, study finds
THURSDAY, DECEMBER 24, 2020
President Donald Trump sold his 2017 tax cuts as "rocket fuel" for the economy, arguing that freeing up money for the wealthy would allow them to hire more workers, pay better wages and invest more. The tax savings, in other words, would trickle down from the rich to everyone else.
Trump officials discuss tax cuts, other emergency measures in hopes of tackling coronavirus fallout
SATURDAY, FEBRUARY 29, 2020
WASHINGTON - Trump administration officials are holding preliminary conversations about economic responses to the coronavirus, as the stock market fell sharply again on Friday amid international fears about the outbreak, according to five people with knowledge of the planning.
US Fed officials say tax cuts could boost economy more than expected
THURSDAY, FEBRUARY 22, 2018
US central bankers said the recent tax cuts could juice the economy more than expected in the near term, meaning further interest rate hikes likely will be needed, according to meeting minutes released Wednesday.
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