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US politics
from24/7 Wall St.
3 days ago

U.S. Military Spending Has Increased Tenfold Over the Last 50 Years

U.S. military spending increased nearly tenfold over the past 50 years, creating a sprawling, high-cost defense system focused on technological dominance and mass deployments.
fromFortune
6 days ago

The trade war was never going to fix our deficit | Fortune

The Supreme Court recently heard arguments in a case that will decide whether the president overstepped his authority by invoking an old war law to justify imposing tariffs on seemingly every country and product under the sun. Though White House lawyers changed their tune in front of the justices, up till this point, one of the administration's defenses throughout this trade war is that these tariffs are needed because they bring in substantial revenue for the country,
US politics
#tariffs
fromFortune
3 months ago
US politics

Trump's reciprocal tariffs are struck down by federal appeals court, putting trade deals and huge revenue windfall at risk

fromFortune
3 months ago
US politics

Trump's reciprocal tariffs are struck down by federal appeals court, putting trade deals and huge revenue windfall at risk

more#tariffs
UK politics
fromwww.theguardian.com
2 months ago

Permanent residency for Hongkongers may be worth 4bn to UK economy, says thinktank

Allowing Hongkongers in the UK permanent residency after five years could net over £4bn for the Treasury by 2029 via pension transfers and taxes.
US politics
fromAxios
3 months ago

Trump administration files appeal to Supreme Court to keep tariffs in place

If the Supreme Court upholds the appeals court, most Trump-era tariffs enacted under IEEPA would be canceled, excluding sector tariffs under separate authorities.
US politics
fromBusiness Insider
7 months ago

Trump's 'attack' on the IRS could cost the government $1 trillion, former Treasury Secretary says

Trump's IRS cuts could lead to significant revenue loss, estimated at $1 trillion or more over the next decade.
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