tax increases

  • France

    France's 2026 Budget Plan: €30 Billion Fiscal Tightening Through Taxes and Spending Cuts

    Oct 20, 2025 07:47 pm CST

    French Prime Minister Sebastien Lecornu presents a comprehensive 2026 budget proposal aimed at strengthening public finances by €30 billion through a combination of spending cuts and new taxes. The plan faces challenges in a divided parliament and includes significant measures targeting wealth, high earners, and corporations while suspending President Macron's controversial pension reform.

  • New York Governor Endorses Zohran Mamdani In Mayoral Race

    New York Governor Endorses Zohran Mamdani In Mayoral Race

    Sep 15, 2025 05:04 pm CST

    New York Governor Kathy Hochul has endorsed Democratic nominee Zohran Mamdani for mayor of New York City, a key affirmation for the 33-year-old frontrunner whose candidacy hasn't yet been fully embraced by members of his own party.