#tax-policy

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#inflation

Trump Agenda Heralds an Economic Experiment for the U.S.

Trump's new economic policies aim for immediate tax cuts and tariffs, countering high inflation and national debt.

What Did Trump's Tax Cuts Do?

The effectiveness of the 2017 tax overhaul remains unclear due to economic disturbances caused by the pandemic and inflation.

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.

Trump Agenda Heralds an Economic Experiment for the U.S.

Trump's new economic policies aim for immediate tax cuts and tariffs, countering high inflation and national debt.

What Did Trump's Tax Cuts Do?

The effectiveness of the 2017 tax overhaul remains unclear due to economic disturbances caused by the pandemic and inflation.

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.
moreinflation
#economic-inequality

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.

Opinion: Expand NY's Residential Solar Tax Credit

New York's solar tax credit needs reform to make solar accessible for low-income households and seniors.

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.

Opinion: Expand NY's Residential Solar Tax Credit

New York's solar tax credit needs reform to make solar accessible for low-income households and seniors.
moreeconomic-inequality
#small-business

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.

How the IFA Aims to Support Franchise Growth in 2025 | Entrepreneur

The IFA's 2025 Roadmap aims to strengthen franchise businesses through key policy changes regarding employer standards, tax policies, and regulatory clarity.

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.

How the IFA Aims to Support Franchise Growth in 2025 | Entrepreneur

The IFA's 2025 Roadmap aims to strengthen franchise businesses through key policy changes regarding employer standards, tax policies, and regulatory clarity.
moresmall-business
#donald-trump

Getting SALT-y: New York pols call on Trump, Republicans to tax deduction problem they created' | amNewYork

New York lawmakers criticized the SALT cap for harming middle-class taxpayers and called for its removal.

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.

Getting SALT-y: New York pols call on Trump, Republicans to tax deduction problem they created' | amNewYork

New York lawmakers criticized the SALT cap for harming middle-class taxpayers and called for its removal.

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
#reproductive-rights

Reeves blasted over Davos investment drive while millionaire non-doms' desert UK

The Independent emphasizes the importance of accessible journalism and the role of on-the-ground reporters in critical societal issues.

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.

UK's top union leader turns on Starmer over impact of family farm tax

Support for independent journalism is crucial for delivering balanced reporting on important societal issues.

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.

Phillipson dodges question on impact of private school tax raid

The Independent aims to provide accessible quality journalism on pressing social issues without paywalls, fostering informed discourse across the political spectrum.

Reeves blasted over Davos investment drive while millionaire non-doms' desert UK

The Independent emphasizes the importance of accessible journalism and the role of on-the-ground reporters in critical societal issues.

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.

UK's top union leader turns on Starmer over impact of family farm tax

Support for independent journalism is crucial for delivering balanced reporting on important societal issues.

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.

Phillipson dodges question on impact of private school tax raid

The Independent aims to provide accessible quality journalism on pressing social issues without paywalls, fostering informed discourse across the political spectrum.
morereproductive-rights

I.R.S. Commissioner to Quit as Trump Takes Office

Daniel Werfel will step down as IRS commissioner, supporting the transition to Donald Trump's administration and new nominee Billy Long.
#family-support

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.

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.

Gym membership, Israel and a push for remote working: what are the lesser-known pledges from incoming government

The new government pledges to create 300,000 jobs by the end of the decade through strategic investments and enterprise policies.

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.

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.

Gym membership, Israel and a push for remote working: what are the lesser-known pledges from incoming government

The new government pledges to create 300,000 jobs by the end of the decade through strategic investments and enterprise policies.
morefamily-support
from Boston.com
5 days ago

City Council to weigh new tax on sugary drinks

A tax on sugary drinks could enhance public health and fund programs despite concerns over its impact on small businesses and financially vulnerable individuals.
#republican-strategy

Trump's mega-MAGA moonshot

The proposed legislation combines border security measures and tax cuts, pushing for a comprehensive approach despite the challenges of navigating a slim legislative majority.

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.

"We Must Make the Trump Tax Cuts Permanent as Soon as Possible," GOP Rep. Says

The House Ways and Means Committee prioritizes making Trump's 2017 tax cuts permanent, aimed primarily at benefiting the wealthy.

Trump's mega-MAGA moonshot

The proposed legislation combines border security measures and tax cuts, pushing for a comprehensive approach despite the challenges of navigating a slim legislative majority.

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.

"We Must Make the Trump Tax Cuts Permanent as Soon as Possible," GOP Rep. Says

The House Ways and Means Committee prioritizes making Trump's 2017 tax cuts permanent, aimed primarily at benefiting the wealthy.
morerepublican-strategy
#tax-fairness

How luxury real estate benefits from Montana's agricultural tax code - High Country News

Montana's property tax system is complex, raising fairness issues, particularly regarding tax breaks for agricultural lands potentially benefiting luxury home owners.

ANALYSIS | Capital gains tax changes are in limbo. But the CRA is collecting new charges anyway | CBC News

Parliament's prorogation has halted the proposed tax increase on capital gains, leading to uncertainty regarding taxation for Canadians.
The proposed tax change plans to raise the inclusion rate for capital gains tax from 50% to 67%.

How luxury real estate benefits from Montana's agricultural tax code - High Country News

Montana's property tax system is complex, raising fairness issues, particularly regarding tax breaks for agricultural lands potentially benefiting luxury home owners.

ANALYSIS | Capital gains tax changes are in limbo. But the CRA is collecting new charges anyway | CBC News

Parliament's prorogation has halted the proposed tax increase on capital gains, leading to uncertainty regarding taxation for Canadians.
The proposed tax change plans to raise the inclusion rate for capital gains tax from 50% to 67%.
moretax-fairness
#republican-party

Here's how much you'll pay in taxes if Trump's tax cuts get extended or expire

The expiration of Trump's 2017 tax cuts could increase tax bills for 62% of filers unless extensions are implemented.

Democrats aren't ruling out rescuing Trump's big bill

Moderate House Democrats may support the Republican tax and energy package if it addresses key issues like deficit reduction and the SALT deduction cap.

Here's how much you'll pay in taxes if Trump's tax cuts get extended or expire

The expiration of Trump's 2017 tax cuts could increase tax bills for 62% of filers unless extensions are implemented.

Democrats aren't ruling out rescuing Trump's big bill

Moderate House Democrats may support the Republican tax and energy package if it addresses key issues like deficit reduction and the SALT deduction cap.
morerepublican-party
#spain

Brits buying second homes in Spain set to be hit with 100% property tax

Spain's new tax proposal for non-EU property buyers aims to combat housing market speculation and rising prices, impacting British buyers significantly.

Spain proposes 100% tax on homes bought by non-EU residents

Spain is taxing non-EU property buyers to combat its housing crisis.

Brits buying second homes in Spain set to be hit with 100% property tax

Spain's new tax proposal for non-EU property buyers aims to combat housing market speculation and rising prices, impacting British buyers significantly.

Spain proposes 100% tax on homes bought by non-EU residents

Spain is taxing non-EU property buyers to combat its housing crisis.
morespain
#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.

UK tax changes spell trouble for artist estates

The reduction of inheritance tax relief could significantly affect artist estates and family businesses in the UK.

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.

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.

UK tax changes spell trouble for artist estates

The reduction of inheritance tax relief could significantly affect artist estates and family businesses in the UK.

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.
moreinheritance-tax
#trump-administration

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.

Why December could be your final shot at a $7,500 EV tax credit

The potential elimination of the $7,500 federal tax credit for EV purchases could significantly impact automakers and consumer demand in the EV market.

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.

CNN's Jake Tapper Asks Klobuchar How Democrats Can Stand Any Ground' Against Trump Agenda In Senate

Democrats face significant challenges in countering the GOP's legislative agenda, particularly with simple majority rules in Senate.

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.

Why December could be your final shot at a $7,500 EV tax credit

The potential elimination of the $7,500 federal tax credit for EV purchases could significantly impact automakers and consumer demand in the EV market.

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.

CNN's Jake Tapper Asks Klobuchar How Democrats Can Stand Any Ground' Against Trump Agenda In Senate

Democrats face significant challenges in countering the GOP's legislative agenda, particularly with simple majority rules in Senate.
moretrump-administration

Montana's ag tax slashes bills for thousands of million-dollar homes - High Country News

Montana's tax code creates significant disparities in property taxes based on classification, impacting neighboring high-value homes differently.

Badenoch's department wrote to Treasury after Dyson lobbying over potential tax break

Kemi Badenoch acted on Dyson's request to address rising corporation tax and its impact on patent box tax benefits.

Norway on track to be the first to 'erase petrol and diesel engine cars'

Norway is leading the global transition to electric vehicles, with nearly 89% of new cars sold in 2024 being fully electric.
#public-opinion

Labour's private school tax plan strongly backed by public, poll shows

The government is moving forward with a VAT on private school fees, supported by public opinion despite criticism from opponents.

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.

Labour's private school tax plan strongly backed by public, poll shows

The government is moving forward with a VAT on private school fees, supported by public opinion despite criticism from opponents.

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.
morepublic-opinion
#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.

Make taxes great again, SF - 48 hills

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

Living standards to stagnate in 2025 despite hopes for better public services, warns thinktank

Household incomes in Britain may stagnate or decline due to ongoing cost-of-living struggles and uncertain economic growth.

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.

Make taxes great again, SF - 48 hills

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

Living standards to stagnate in 2025 despite hopes for better public services, warns thinktank

Household incomes in Britain may stagnate or decline due to ongoing cost-of-living struggles and uncertain economic growth.
morepublic-services

Stamp Duty hikes trigger 42 per cent slump in prime London property deals

Repeated increases in stamp duty have severely affected high-end property sales in London, with transactions falling 42% over the past decade.

IMF, Egypt reach deal to unlock $1.2bn to shore up strained public finances

Egypt reaches agreement with the IMF to unlock $1.2bn, contingent on fiscal reforms and divestment of state-owned firms.
#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.

Flatlining economy prompts Starmer's warning: 'no overnight fix' amid fresh tax hike fears

The UK economy is stagnating, with potential for recession as tax hikes may undermine business confidence and recovery efforts.

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.

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.

Flatlining economy prompts Starmer's warning: 'no overnight fix' amid fresh tax hike fears

The UK economy is stagnating, with potential for recession as tax hikes may undermine business confidence and recovery efforts.

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.
moreuk-economy
#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

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

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.

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
from Truthout
1 month ago

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.
#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

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.

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.
#labour-party

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.

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.

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.

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.
morelabour-party

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.

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.

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.

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.
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