#tax-policy

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#trump-administration

Republican election sweep emboldens Trump's tax cut dreams

Republican control allows for potentially significant new tax cuts, increasing the likelihood of renewing and expanding Trump's previous tax policies.

Trump and Republicans in Congress eye an ambitious 100-day agenda, starting with tax cuts

Republicans plan an ambitious 100-day agenda under Trump's leadership, focusing on tax cuts, safety net program limits, and significant policy shifts.

How Two High-Profile New York Industries Might Fare Under Trump

The incoming Trump administration could significantly impact New York's infrastructure and tax policies, particularly through potential collaboration with Governor Hochul.

Jill On Money: Market reaction to Trump 2.0

Investor confidence surged post-election, suggesting optimism for economic growth under a Trump administration.

Trump signals new direction for IRS as he announces atypical plan to replace its leadership

Trump aims to fire current IRS Commissioner Danny Werfel and appoint Billy Long to lead the agency without direct tax policy experience.

What to know about Trump's potential plans to extend tax cuts

Extending Trump's 2017 tax law could benefit the economy and reduce tax burdens on households.

Republican election sweep emboldens Trump's tax cut dreams

Republican control allows for potentially significant new tax cuts, increasing the likelihood of renewing and expanding Trump's previous tax policies.

Trump and Republicans in Congress eye an ambitious 100-day agenda, starting with tax cuts

Republicans plan an ambitious 100-day agenda under Trump's leadership, focusing on tax cuts, safety net program limits, and significant policy shifts.

How Two High-Profile New York Industries Might Fare Under Trump

The incoming Trump administration could significantly impact New York's infrastructure and tax policies, particularly through potential collaboration with Governor Hochul.

Jill On Money: Market reaction to Trump 2.0

Investor confidence surged post-election, suggesting optimism for economic growth under a Trump administration.

Trump signals new direction for IRS as he announces atypical plan to replace its leadership

Trump aims to fire current IRS Commissioner Danny Werfel and appoint Billy Long to lead the agency without direct tax policy experience.

What to know about Trump's potential plans to extend tax cuts

Extending Trump's 2017 tax law could benefit the economy and reduce tax burdens on households.
moretrump-administration
#donald-trump

What Does a Trump Presidency Mean for Stocks?

Donald Trump's victory leads to a surge in global stock markets, indicating investor optimism about his economic policies.

Steve Bannon Says U.S. Has to Increase Taxes on the Wealthy' Even if They Start Squealing'

Steve Bannon advocates for taxing corporations and the wealthy to support working-class interests and create a lasting political coalition.

What will happen to Social Security under Trump's tax plan?

Trump's proposal to eliminate taxes on Social Security may benefit higher earners but risks deepening the program's financial issues.

Progressives Say Trump's Pick to Run IRS Will Spark "Open Season for Tax Cheats"

Rep. Billy Long's nomination to the IRS raises significant concerns over his experience and undermines the agency's mission to enforce tax regulations.

What Does a Trump Presidency Mean for Stocks?

Donald Trump's victory leads to a surge in global stock markets, indicating investor optimism about his economic policies.

Steve Bannon Says U.S. Has to Increase Taxes on the Wealthy' Even if They Start Squealing'

Steve Bannon advocates for taxing corporations and the wealthy to support working-class interests and create a lasting political coalition.

What will happen to Social Security under Trump's tax plan?

Trump's proposal to eliminate taxes on Social Security may benefit higher earners but risks deepening the program's financial issues.

Progressives Say Trump's Pick to Run IRS Will Spark "Open Season for Tax Cheats"

Rep. Billy Long's nomination to the IRS raises significant concerns over his experience and undermines the agency's mission to enforce tax regulations.
moredonald-trump
#economic-growth

Which Candidate's Tax Plan is Better for Small Businesses? Here's What You Need to Know. | Entrepreneur

The upcoming election could reshape U.S. tax code with implications for economic growth and entrepreneurs.

Pre-Budget nerves blamed as UK growth slows

UK's economy grew by 0.1%, indicating subdued activity and lower-than-expected growth amidst uncertainty over budget measures.
Chancellor Rachel Reeves is dissatisfied with the economy's performance under her new government.

The significant events in the global economy over the past week - London Business News | Londonlovesbusiness.com

U.S. stocks rallied following Republican victories, signaling optimism for corporate growth driven by potential tax cuts and reduced regulations.

Wealthy Californians unlikely to benefit as much from Trump's tax cuts. Here's why

Extending Trump-era tax cuts is prioritized, but California residents may see fewer benefits due to state and local tax deduction limits.

Reeves may have to U-turn over no more tax rises, warn economists

Economic slowdown and high borrowing costs may force the chancellor to increase taxes.
Rising inflation could impact household spending and economic plans.
Higher interest rates could reduce available government funds significantly.

Future tax rises won't be needed, insists Reeves

Chancellor Rachel Reeves vows no future tax increases to support public spending, aiming to reassure businesses.

Which Candidate's Tax Plan is Better for Small Businesses? Here's What You Need to Know. | Entrepreneur

The upcoming election could reshape U.S. tax code with implications for economic growth and entrepreneurs.

Pre-Budget nerves blamed as UK growth slows

UK's economy grew by 0.1%, indicating subdued activity and lower-than-expected growth amidst uncertainty over budget measures.
Chancellor Rachel Reeves is dissatisfied with the economy's performance under her new government.

The significant events in the global economy over the past week - London Business News | Londonlovesbusiness.com

U.S. stocks rallied following Republican victories, signaling optimism for corporate growth driven by potential tax cuts and reduced regulations.

Wealthy Californians unlikely to benefit as much from Trump's tax cuts. Here's why

Extending Trump-era tax cuts is prioritized, but California residents may see fewer benefits due to state and local tax deduction limits.

Reeves may have to U-turn over no more tax rises, warn economists

Economic slowdown and high borrowing costs may force the chancellor to increase taxes.
Rising inflation could impact household spending and economic plans.
Higher interest rates could reduce available government funds significantly.

Future tax rises won't be needed, insists Reeves

Chancellor Rachel Reeves vows no future tax increases to support public spending, aiming to reassure businesses.
moreeconomic-growth
#inheritance-tax

Loophole used by super rich to avoid tractor tax unavailable to family farms

The inheritance tax loophole disproportionately affects family farms, allowing wealthy individuals to evade taxes while farmers struggle under stringent regulations.

Reeves's business inheritance tax shake-up 'will cost exchequer 1bn more than it raises' warn economists

Chancellor Rachel Reeves's inheritance tax changes may cost the Exchequer £1bn more than estimated, threatening family businesses and overall economic growth.

Video. Angry farmers protest in London

Farmers protest against a tax increase and the removal of a tax break, fearing it will endanger family farms.

Farmers arrive in Whitehall for protest about inheritance tax plan UK politics live

The inheritance tax changes affect UK farmers, provoking significant protest and debate between the farming community and the Labour government.

Inheritance Tax raises 5.7 billion in 8 months - London Business News | Londonlovesbusiness.com

Inheritance tax receipts in the UK are rising, indicating a growing financial burden on estates as government tax policies evolve.

Think tank calls for delay in farm inheritance tax to ensure fairness

The IFS recommends an inheritance tax holiday for farmers to prevent unfair treatment under proposed tax changes.

Loophole used by super rich to avoid tractor tax unavailable to family farms

The inheritance tax loophole disproportionately affects family farms, allowing wealthy individuals to evade taxes while farmers struggle under stringent regulations.

Reeves's business inheritance tax shake-up 'will cost exchequer 1bn more than it raises' warn economists

Chancellor Rachel Reeves's inheritance tax changes may cost the Exchequer £1bn more than estimated, threatening family businesses and overall economic growth.

Video. Angry farmers protest in London

Farmers protest against a tax increase and the removal of a tax break, fearing it will endanger family farms.

Farmers arrive in Whitehall for protest about inheritance tax plan UK politics live

The inheritance tax changes affect UK farmers, provoking significant protest and debate between the farming community and the Labour government.

Inheritance Tax raises 5.7 billion in 8 months - London Business News | Londonlovesbusiness.com

Inheritance tax receipts in the UK are rising, indicating a growing financial burden on estates as government tax policies evolve.

Think tank calls for delay in farm inheritance tax to ensure fairness

The IFS recommends an inheritance tax holiday for farmers to prevent unfair treatment under proposed tax changes.
moreinheritance-tax
#gst-holiday

Distilleries disappointed to be left out of tax holiday mix | CBC News

Independent distilleries feel excluded from the upcoming GST holiday, raising concerns over tax policy and sales competition with cheaper options.

Upcoming GST break creates headaches for small businesses during holiday season | CBC News

The upcoming GST tax break has led to confusion and extra work for some small businesses, affecting their operations and personal lives.

Distilleries disappointed to be left out of tax holiday mix | CBC News

Independent distilleries feel excluded from the upcoming GST holiday, raising concerns over tax policy and sales competition with cheaper options.

Upcoming GST break creates headaches for small businesses during holiday season | CBC News

The upcoming GST tax break has led to confusion and extra work for some small businesses, affecting their operations and personal lives.
moregst-holiday
#uk-economy

UK businesses cutting staff at fastest rate since 2021 after budget

UK businesses are cutting staff at the fastest rate since the global financial crisis, driven by rising costs and weakened consumer confidence.

Labour's tax hikes dampen UK consumer and business confidence

UK consumer and business confidence has declined due to Labour's tax-raising budget, raising concerns regarding economic growth and hiring.
Concerns over rising costs and economic uncertainty are affecting consumer spending and business optimism in the UK.

UK economy shrinks again in another blow to Reeves, new figures show

The UK economy shrank by 0.1% in October, presenting challenges for Labour's economic growth plans.

British firms are being forced into 'damage control' mode as tax hikes leave CEOs questioning whether to invest in U.K., industry chief warns

UK businesses are alarmed by a £40 billion tax increase, fearing it will stifle growth and increase operational costs.

Chancellor accused of trashing the economy and 'starving businesses of investment' - London Business News | Londonlovesbusiness.com

Labour's tax increases could jeopardize tens of thousands of businesses and lead to significant job losses.

Labour's promise to save the high street by increasing rates bills of bigger businesses will misfire for UK economy - London Business News | Londonlovesbusiness.com

The UK Government's new business rates legislation could jeopardize economic growth and burden larger retailers.

UK businesses cutting staff at fastest rate since 2021 after budget

UK businesses are cutting staff at the fastest rate since the global financial crisis, driven by rising costs and weakened consumer confidence.

Labour's tax hikes dampen UK consumer and business confidence

UK consumer and business confidence has declined due to Labour's tax-raising budget, raising concerns regarding economic growth and hiring.
Concerns over rising costs and economic uncertainty are affecting consumer spending and business optimism in the UK.

UK economy shrinks again in another blow to Reeves, new figures show

The UK economy shrank by 0.1% in October, presenting challenges for Labour's economic growth plans.

British firms are being forced into 'damage control' mode as tax hikes leave CEOs questioning whether to invest in U.K., industry chief warns

UK businesses are alarmed by a £40 billion tax increase, fearing it will stifle growth and increase operational costs.

Chancellor accused of trashing the economy and 'starving businesses of investment' - London Business News | Londonlovesbusiness.com

Labour's tax increases could jeopardize tens of thousands of businesses and lead to significant job losses.

Labour's promise to save the high street by increasing rates bills of bigger businesses will misfire for UK economy - London Business News | Londonlovesbusiness.com

The UK Government's new business rates legislation could jeopardize economic growth and burden larger retailers.
moreuk-economy

Trump promised no tax on tips. Why few tipped restaurant workers will likely benefit

The bipartisan support for eliminating tax on tips raises concerns about the federal deficit and income inequality.
#public-safety

Monday Morning Headlines: SF Federal Building Gets Formal Dedication to Pelosi

Nima Momeni's murder trial for Bob Lee concludes with closing arguments today after several weeks of testimony.

Rural regions are now facing further tax hikes in Labour's so-called 'gun tax' - London Business News | Londonlovesbusiness.com

Labour's 'gun tax' will significantly increase firearms license fees to fund police services, causing financial strain in rural communities.

Monday Morning Headlines: SF Federal Building Gets Formal Dedication to Pelosi

Nima Momeni's murder trial for Bob Lee concludes with closing arguments today after several weeks of testimony.

Rural regions are now facing further tax hikes in Labour's so-called 'gun tax' - London Business News | Londonlovesbusiness.com

Labour's 'gun tax' will significantly increase firearms license fees to fund police services, causing financial strain in rural communities.
morepublic-safety
#child-tax-credit

Will the new Republican-controlled Congress give parents a bigger tax break for children?

Bipartisan lawmakers aim to expand the child tax credit, currently at $2,000, as it risks reducing to $1,000 next year.

What Will Happen to the Child Tax Credit Under a GOP-Controlled Congress?

Future expansions of the child tax credit are unlikely despite significant proposals during the election cycle.

Scoop: GOP senator Josh Hawley pushes huge increase to child tax credit

Hawley's proposal aims to support families by allowing tax credits during pregnancy, targeting working-class voters and enhancing economic relief.

Will the new Republican-controlled Congress give parents a bigger tax break for children?

Bipartisan lawmakers aim to expand the child tax credit, currently at $2,000, as it risks reducing to $1,000 next year.

What Will Happen to the Child Tax Credit Under a GOP-Controlled Congress?

Future expansions of the child tax credit are unlikely despite significant proposals during the election cycle.

Scoop: GOP senator Josh Hawley pushes huge increase to child tax credit

Hawley's proposal aims to support families by allowing tax credits during pregnancy, targeting working-class voters and enhancing economic relief.
morechild-tax-credit
#public-services

Reeves refuses to rule out new tax rises and rail nationalisation plan unveiled: Live

Chancellor Rachel Reeves believes in responsible spending but has not ruled out possible future tax increases while asserting current plans don't need adjustments.

Voters broadly accept Reeves's 40bn of tax rises, research shows

Voters accept necessary tax increases for better public services despite anticipating personal financial strain.

Rachel Reeves promises not to increase taxes again in spring budget

Labour's next budget will not include tax increases, and the government must adhere to established spending plans despite pressure on public services.

Make taxes great again, SF - 48 hills

Proposing a wealth tax could rejuvenate San Francisco's resources and reputation as an innovation hub.

Reeves refuses to rule out new tax rises and rail nationalisation plan unveiled: Live

Chancellor Rachel Reeves believes in responsible spending but has not ruled out possible future tax increases while asserting current plans don't need adjustments.

Voters broadly accept Reeves's 40bn of tax rises, research shows

Voters accept necessary tax increases for better public services despite anticipating personal financial strain.

Rachel Reeves promises not to increase taxes again in spring budget

Labour's next budget will not include tax increases, and the government must adhere to established spending plans despite pressure on public services.

Make taxes great again, SF - 48 hills

Proposing a wealth tax could rejuvenate San Francisco's resources and reputation as an innovation hub.
morepublic-services
#revenue-commissioners

Revenue rule change could see thousands miss out on tax refunds, experts warn

Tax agents will not be able to receive tax refunds for clients starting next year, leading to fewer claims.

Revenue under fire for its 'two-treats-only' rule that forces firms to act like Scrooge

New rules on benefit-in-kind taxes are burdensome for small firms, prompting calls for reconsideration.

Revenue rule change could see thousands miss out on tax refunds, experts warn

Tax agents will not be able to receive tax refunds for clients starting next year, leading to fewer claims.

Revenue under fire for its 'two-treats-only' rule that forces firms to act like Scrooge

New rules on benefit-in-kind taxes are burdensome for small firms, prompting calls for reconsideration.
morerevenue-commissioners
#climate-change

Millions of Taxpayer Dollars Have Subsidized Project 2025 and Climate Denial

Big oil, gas, and coal companies obstruct climate action using tax benefits and charitable contributions, undermining science and delaying necessary regulations.

New Tractor Tax' blow to Starmer as Labour expert calls for government u-turn

The Independent highlights critical reporting on tax issues affecting family farmers, advocating for fairer policies that protect family legacies.

Millions of Taxpayer Dollars Have Subsidized Project 2025 and Climate Denial

Big oil, gas, and coal companies obstruct climate action using tax benefits and charitable contributions, undermining science and delaying necessary regulations.

New Tractor Tax' blow to Starmer as Labour expert calls for government u-turn

The Independent highlights critical reporting on tax issues affecting family farmers, advocating for fairer policies that protect family legacies.
moreclimate-change

Affordable Housing Advocates Warn Slashing Supportive Housing Tax Could Be Catastrophic

Metro's SHS tax, introduced in 2021, has generated $912 million for housing solutions, but proposed rate cuts may hinder efforts against homelessness.
#legislation

House passes bill that would allow Treasury to target nonprofits it deems to support terrorism

The House passed a bill granting the Treasury unilateral power to revoke nonprofits' tax-exempt status, raising civil liberties concerns.

Prediction: 3 Massive Ways Social Security Could Change in 2025

Social Security benefits will increase by 2.5% in 2025, alongside changes to the earnings-test limit and wage cap.

House passes bill that would allow Treasury to target nonprofits it deems to support terrorism

The House passed a bill granting the Treasury unilateral power to revoke nonprofits' tax-exempt status, raising civil liberties concerns.

Prediction: 3 Massive Ways Social Security Could Change in 2025

Social Security benefits will increase by 2.5% in 2025, alongside changes to the earnings-test limit and wage cap.
morelegislation
#wealth-inequality

Death and Taxes

The federal estate tax is losing effectiveness, collecting far less due to policy changes despite wealth growth among the richest Americans.

This Decades-Old Legal Loophole Allows Billionaires to Avoid Medicare Taxes

Billionaires on Wall Street often avoid Medicare tax obligations through complex strategies and tax loopholes, unlike most working Americans.

Death and Taxes

The federal estate tax is losing effectiveness, collecting far less due to policy changes despite wealth growth among the richest Americans.

This Decades-Old Legal Loophole Allows Billionaires to Avoid Medicare Taxes

Billionaires on Wall Street often avoid Medicare tax obligations through complex strategies and tax loopholes, unlike most working Americans.
morewealth-inequality
#economic-relief

NYC Mayor Pushes to Cut Personal Income Tax for Low-Income New Yorkers

Mayor Adams proposes eliminating NYC personal income tax for low-income families, offering significant tax relief for over 582,000 New Yorkers.

Sinn Fein pledges to abolish USC on incomes up to 45,000 if elected to Government

Sinn Féin plans a €1.8bn tax package benefiting workers, especially those earning up to €45,000, with cuts implemented quickly after election.

NYC Mayor Pushes to Cut Personal Income Tax for Low-Income New Yorkers

Mayor Adams proposes eliminating NYC personal income tax for low-income families, offering significant tax relief for over 582,000 New Yorkers.

Sinn Fein pledges to abolish USC on incomes up to 45,000 if elected to Government

Sinn Féin plans a €1.8bn tax package benefiting workers, especially those earning up to €45,000, with cuts implemented quickly after election.
moreeconomic-relief

Tax Cuts Were Top of Mind at the Tax Foundation's Annual Prom'

Tax lobbyists are optimistic about potential tax cuts in the new congressional climate, yet remain vigilant due to the complexities of corporate demands and budget constraints.
#economic-impact

Trump Tax Cuts Won't Help the Economy Grow, Budget Office Finds

Ending Trump's tax cuts would have a negligible effect on the economy over the next decade, according to the Congressional Budget Office.

How Trump can follow through on his campaign promise to stop double-taxing American expats

Ending double taxation on Americans overseas has broad bipartisan support, highlighting fairness and economic necessity.

Senator Michael McDowell calls for capital gains tax to be slashed in Seanad speech on the Finance Bill

Tax rates significantly influence capital gains tax revenues, with reductions potentially leading to increased compliance and revenue.
High capital gains tax rates encourage tax avoidance through emigration.

Trump Tax Cuts Won't Help the Economy Grow, Budget Office Finds

Ending Trump's tax cuts would have a negligible effect on the economy over the next decade, according to the Congressional Budget Office.

How Trump can follow through on his campaign promise to stop double-taxing American expats

Ending double taxation on Americans overseas has broad bipartisan support, highlighting fairness and economic necessity.

Senator Michael McDowell calls for capital gains tax to be slashed in Seanad speech on the Finance Bill

Tax rates significantly influence capital gains tax revenues, with reductions potentially leading to increased compliance and revenue.
High capital gains tax rates encourage tax avoidance through emigration.
moreeconomic-impact

No plan for more tax rises but we can't rule it out - Starmer

Sir Keir Starmer plans no new tax rises before the election, yet acknowledges potential unforeseen circumstances could change that.
Labour’s pledges focus on improving living standards and major public investments.
#journalism

Starmer fails to rule out new tax rises despite Reeves' claim less than two weeks ago

The Independent prioritizes accessible, on-the-ground journalism covering key issues.

Top Blair adviser who said we don't need small farmers' disowned by Starmer

The Independent reports critically on crucial topics, balancing facts against narratives and supporting journalism free of paywalls for comprehensive public engagement.

Starmer fails to rule out new tax rises despite Reeves' claim less than two weeks ago

The Independent prioritizes accessible, on-the-ground journalism covering key issues.

Top Blair adviser who said we don't need small farmers' disowned by Starmer

The Independent reports critically on crucial topics, balancing facts against narratives and supporting journalism free of paywalls for comprehensive public engagement.
morejournalism

Lorraine Courtney: Is it too much to ask for a tax system that won't penalise parents for having children?

Tax individualisation favors dual-income families over single-income households, creating financial inequity.

New Yorkers could get up to $500 check in first unveiling of Gov. Hochul's State of State proposals: 'I know the stress'

New York taxpayers may receive up to $500 refund checks as part of an 'Inflation Refund' proposal by Governor Hochul in 2025.

Scottish ministers mull tax rise for wealthy amid tricky budget decisions

Scottish ministers are exploring tax increases for wealthier individuals to fund budgetary needs amid pressure for a vote-winning strategy.
#national-insurance

The 5bn-a-year tax timebomb that's set to devastate London hospitality

London businesses are facing a £5 billion-a-year National Insurance burden, jeopardizing the recovery of key sectors like hospitality and retail.

Well-paid partners in City firms escape paying national insurance rises

High-earning LLP partners will avoid increased national insurance contributions, costing the Treasury billions in potential revenue.

The 5bn-a-year tax timebomb that's set to devastate London hospitality

London businesses are facing a £5 billion-a-year National Insurance burden, jeopardizing the recovery of key sectors like hospitality and retail.

Well-paid partners in City firms escape paying national insurance rises

High-earning LLP partners will avoid increased national insurance contributions, costing the Treasury billions in potential revenue.
morenational-insurance

Ford government supports federal GST holiday, will not ask for lost revenue back | CBC News

Ottawa's two-month GST holiday is expected to cost Ontario $1 billion but aims to assist consumers during the holiday season.

French PM abandons electricity tax rise amid pressure from far right

The French government is trying to avoid a political crisis by scrapping proposed electricity tax increases.

Italy, Abu Dhabi, and Cyprus Court Britain's Wealthy Amid Non-Dom Tax Changes

Countries are competing to attract wealthy UK non-doms facing tax regime changes.

What the GST holiday means for consumers and why some economists are worried | CBC News

The Canadian government announced a temporary GST holiday and payments to alleviate financial pressure during the holiday season, receiving mixed reactions from the public.

NY Dem leader Jay Jacobs opposes higher taxes on rich - but backs controversial congestion pricing toll on everyday New Yorkers

New York State Democratic Party chairman Jay Jacobs opposes raising taxes on wealthy residents, fearing it will lead to their exodus from the state.

John Lewis CEO criticises Rachel Reeves over 'two-handed' tax increase

Chancellor Rachel Reeves faces backlash from retailers for tax increases in the recent Budget, hindering recovery efforts.

Republicans renew push to expand government powers to punish non-profits

House Republicans aim to pass a bill granting broad powers to sanction non-profit organizations, raising concerns over civil liberties and political misuse.

Tax rises in budget sap UK consumer confidence and will hit pay growth, say reports

Tax rises in the budget have diminished consumer confidence and could lead to reduced growth in private sector pay next year.

City Council approves tax break for Berkeley startups. Here's what it could cost.

Berkeley expands tax breaks for startups, eliminating caps to stimulate local innovation and economic growth.
from Poynter
1 month ago

What are Donald Trump's second-term plans for the economy, immigration, abortion? - Poynter

Trump's 2024 administration focuses on addressing immigration, economic issues, and fulfilling campaign promises after his re-election.

G20: Brazil's billionaire tax plan faces pushback DW 11/15/2024

Lula seeks to tax billionaires to finance global initiatives, including poverty reduction and climate change efforts, amid political resistance and geopolitical challenges.

Some savers can make 'enhanced' catch-up retirement contributions next year

Americans aged 60-63 will be able to contribute significantly more to their retirement accounts starting next year, enhancing their savings potential.

HMRC puts Loan Charge settlements 'on pause by request' until independent review concludes | Computer Weekly

HMRC's Loan Charge allows contractors to pause settlements pending an independent review, amid concerns of significant financial distress and distressing outcomes for affected individuals.

Council tax in England set to rise by up to 5%

Council tax rates in England will rise by up to 5% in April 2025, impacting average households significantly amid budget pressures.

Minister underestimating family farm tax impact, claim campaigners

The family farm tax has sparked significant anger among farmers, leading to widespread protests and backlash against the government's proposals.

Autumn Budget 2024: Umbrella companies due to get a soaking - London Business News | Londonlovesbusiness.com

UK government is reforming tax responsibilities for PAYE and NICs in umbrella company structures to enhance accountability and compliance.
#kamala-harris

Harris Had a Wall Street-Approved Economic Pitch. It Fell Flat.

Kamala Harris’ economic platform favors tax concessions for the wealthy to stimulate investment and growth.

The Wall Street economic program that helped sink Kamala Harris .... - 48 hills

Kamala Harris's tax concessions to the wealthy may have alienated working-class voters crucial for her electoral success.

Harris Had a Wall Street-Approved Economic Pitch. It Fell Flat.

Kamala Harris’ economic platform favors tax concessions for the wealthy to stimulate investment and growth.

The Wall Street economic program that helped sink Kamala Harris .... - 48 hills

Kamala Harris's tax concessions to the wealthy may have alienated working-class voters crucial for her electoral success.
morekamala-harris

Are you worried about inflation? Then fear Trump, not Rachel Reeves | William Keegan

The NHS budget prioritization is essential amidst a decade-long funding shortage.
#republican-party

Polls on US House and Senate races paint a worrying picture for Democrats

Republicans have a strong chance of winning control of both the White House and Congress, raising concerns for Democrats.

How will a GOP-controlled government impact retirement policy?

Republican control may reshape retirement and tax policies with key Senate committee leaders likely to influence legislative priorities.

Polls on US House and Senate races paint a worrying picture for Democrats

Republicans have a strong chance of winning control of both the White House and Congress, raising concerns for Democrats.

How will a GOP-controlled government impact retirement policy?

Republican control may reshape retirement and tax policies with key Senate committee leaders likely to influence legislative priorities.
morerepublican-party
from 24/7 Wall St.
1 month ago

My father removed my only sibling out of most of the will and doesn't want me to tell him - is that a realistic plan?

Wills and inheritances can lead to significant family tension, particularly due to revisions based on personal relationships and financial considerations.

Louisiana Governor Landry Calls for Special Session to Cut Corporate Taxes

Louisiana's special session suggests tax cuts for corporations amidst economic strife, raising concerns about the logic behind taxing those causing environmental harm.
Wisconsin's Supreme Court's decision aids Democrats in attempting to gain majority control for the 2026 elections by redistricting.
from Entrepreneur
1 month ago

How a Trump Win Affects Small Businesses: Georgetown Professor | Entrepreneur

Trump's victory leads to Wall Street optimism, with market indices hitting record highs and anticipated corporate tax cuts.
Small businesses may see tax benefits, but protectionist trade policies could impose significant new costs.

Jobless rate set to rise' as experts warn of National Insurance hike impact

Increase in employers' national insurance contributions may lead to higher unemployment and reduced job creation.
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