Value added tax

As American political leaders debate ways to cut taxes, in Canada there’s a different effort underway. A group of wealthy doctors are among a growing group of people calling for increased taxes on the top 10 percent of income earners as a way to fund Canadian programs and infrastructure.

A strategy to increase tax revenue is a cap on the rate that high-income taxpayers can use to claim charitable deductions, worrying some non-profits.

The best ways to get Americans to spend the $300 billion in tax cuts in President Obama’s stimulus package.

Downturns are everywhere, except perhaps in the art market — the work of controversial artist Damien Hirst is up for auction for millions at Sothebys.

France’s new president, Francois Hollande, has just announced a raft of tax hikes on big companies and the rich. The measures are proving popular among ordinary Frenchmen, but business leaders and the wealthy say squeezing them will hurt everyone.