“It is simply unfair for a taxpayer to have to pay capital gains tax on inflation, since the taxpayer receives no actual increase in value or purchasing power due to inflation,” the letter said.

Fuel taxes typically have a major impact on inflation. But Finance Minister Mehmet Simsek said on Sunday that tax hikes for fuel and tobacco in the New Year will be set in a way that does not ...

Turkey won’t undermine next year’s inflation forecast when increasing taxes on fuel and tobacco, Treasury and Finance Minister Mehmet Simsek said. The government will continue to show ...

after its finance minister said over the weekend that tax moves on fuel and tobacco would not affect the government’s inflation goal. The special consumption tax per litre for fuel has been ...

That's because the IRS makes annual inflation adjustments to many tax provisions, which could help offset the impact of rising prices. Here’s more of what you need to know, starting with some ...

Inflation has been one of the top concerns for ... such as high tariffs on imported goods, tax cuts for corporations, and curbs on immigration, are considered potentially inflationary by economists.

But what economists call “soft landings” – when an economy slows just enough to curb inflation ... cuts could weigh down economic growth. Tax cuts – a likely policy focus – may offset ...

This past year wasn't short on tax and accounting news, affecting taxpayers and tax professionals alike. Here are the top tax ...

Yuki Iwamura / Bloomberg / Getty Images Financial markets widely expect Fed officials to boost the economy with a rate cut in December, despite indications that inflation has stayed stubborn ...

Nearly a quarter of all council tax raised is being used to fund staff ... Local government staff’s inflation-linked pension scheme is so expensive that the private sector has mostly phased ...

Board of Governors of the Federal Reserve System. “Reexamining Stock Valuation and Inflation: The Implications of Analysts’ Earnings Forecasts,” Pages 27–29. EconStor. “Inflation Risk ...

Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.