Finland plans "difficult but necessary" spending cuts and tax rises

Yle Uutiset— The budget for 2025-2028 will see the country's general rate of Value Added Tax (VAT) increase to 25.5 percent from the current level of 24 percent, with cuts to education and healthcare also in the pipeline.

KSNT News—Gov. Kelly vetoes tax cut, proposes new plan. TOPEKA (AP) - Kansas' Democratic governor on Wednesday vetoed a broad package of tax cuts for the second time in three months, describing it as “too expensive” despite the bipartisan support it enjoyed in the Republican-controlled Legislature. Gov. Laura Kelly and her staff had signaled that she had misgivings about a package of income, sales and property []

Yle Uutiset—Check the list: These are the main changes as the government cuts spending and raises taxes. Students will no longer receive general housing benefits, high-earners and pensioners will pay more tax and VAT will increase by 1.5 percentage points.

CP24—Higher tobacco and vaping taxes offset drug plan spending in federal budget. OTTAWA - The federal government expects that its latest effort to discourage Canadians from smoking, contained in the federal budget tabled Tuesday, will generate $1.7 billion in new revenue. That increased cash flow happens to coincide with the launch of a new $1.5-billion drug plan offering universal coverage for contraceptive and diabetes medications. Both programs were billed as new health measures in the budget tabled Tuesday in the House of Commons by Finance Minister Chrystia...