🚨 New proposal: a 90 % surcharge on any U.S. income above $761 k (the “Essential‑Living Threshold”). It hits only the top 1 % of earners, leaves the bottom 99 % untouched, and could raise ≈ $1.44 trillion / yr—enough to wipe out the $33 trillion federal deficit in ≈ 30 years. The plan bundles tight reporting rules, anti‑avoidance safeguards, and a 20 % credit for investments in housing, clean energy, and job training. #FiscalReform #TaxPolicy #DeficitSolution

In a bold and transformative fiscal pivot, President Bola Ahmed Tinubu has triggered what many are calling a “fiscal bombshell”, a sweeping reform that bars key federal revenue-generating agencies from retaining...

https://dmarketforces.com/fiscal-shockwave-tinubu-reclaiming-every-kobo-for-nigerians/

#PresidentTinubu #FiscalReform

Fiscal Shockwave: Tinubu Reclaiming Every Kobo For Nigerians

In a bold and transformative fiscal pivot, President Bola Ahmed Tinubu has triggered what many are calling a “fiscal bombshell”, a sweeping reform

MarketForces Africa

@sjwrenlewis long after QE, why is the BoE still paying so much interest on central bank reserves?
https://ercouncil.org/2024/electionomics-interest-on-central-bank-reserve/
Rachel Reeves could actually take a lesson from Reform's proposals to cut these payments to banks. She could instead fund more investment, without more taxes. Apparently the ECB and BoJ do this, even Ted Cruz in the US now wants the Fed to do something similar.

Also see:
https://neweconomics.org/2023/11/government-could-save-55bn-over-next-five-years-by-limiting-bank-of-englands-interest-payments-to-commercial-banks

#economics
#fiscalrules #fiscalreform

Interest on Central Bank Reserve

As the UK faces mounting fiscal pressures and seeks more efficient use of public funds, the debate over interest payments on central bank reserves has come to the forefront. This article examines R…

Economic Research Council

#Somaliland President @Abdirahmanirro demands #FiscalReform amid economic upswing. Inspection of @slmofd focuses on #revenue, #AntiCorruption, & 2026 #budget prep. Increased revenue & foreign investment reported. #EconomicDevelopment

https://saxafimedia.com/somaliland-president-fiscal-reform-upswing/

Somaliland President Demands Fiscal Reform As Economy Shows "Notable Upswing" | Saxafi Media

Hargeisa, June 21, 2025 – President Abdirahman Mohamed Abdillahi (Irro) conducted a high-stakes inspection of Somaliland’s Finance Ministry today, demanding intensified revenue reforms amid signs of growing economic momentum.

SaxafiMedia
Rachel Reeves says Tories ‘lied about public finances.’ To fix the £22bn hole, we need to tax capital gains, passive income, the rich, and highly profitable companies way more. #FiscalReform #TaxFairness #WealthGap #FairTax #EconomicJustice #WealthTax https://buff.ly/3StiSso
Rachel Reeves pursues political prize over £22bn financial hole

Carefully honed message of Commons speech is having to make tricky decisions because Tories left us a mess

The Guardian
Wealth taxes could raise £10bn a year to plug the Tory budget hole. Reforms to inheritance and capital gains taxes can combat the UK’s widening wealth gap. #WealthTax #FiscalReform
https://buff.ly/4d1Nvx4
Wealth taxes could raise £10bn to help plug Tory budget hole, say economists

Reforms to inheritance and capital gains taxes could reduce £20bn shortfall and combat UK’s widening wealth gap

The Guardian
EU ministers agree on fiscal reform 'camino', aim for year-end deal

European Union finance ministers on Saturday (16 September) backed a timeline calling for the reform of the bl

EURACTIV

Late to the party on the German non-paper on EU fiscal rule reform, so most has been said already. What is good is that, in all its Germanness, it avoids rigid red lines. But it also steers the discussion agenda in a direction that risks bringing back the flaws of the old system. My observations: 1/n

#EU #Fiscalreform #SGP #fiscalrules #frugal #germany #budgetrules