#tax-policy

#tax-policy

Social Security benefits taxes were introduced in 1983 to address trust fund deficiencies, with changes made by Reagan and Clinton over time.

Social Security's financial future is uncertain, requiring bipartisan action to prevent potential cuts.

The removal of the home office deduction could increase tax burdens on small business owners and sole traders in Finland.

The standardized home office deduction is set to be abolished in 2026, impacting 350,000 wage earners.

Homeownership is tied to both equity building and obligatory property tax payments, which can vary significantly across the U.S.

Maine Republicans propose eliminating property taxes for longtime senior residents to ease financial burdens, but funding sources raise concerns for future tax equity.

Trump opposes tax hikes on high earners, citing potential negative impact on revenue if wealthy individuals leave the country.

There is significant contention regarding the impact of Massachusetts' millionaire's tax, with claims of high earners leaving the state.

Beales is closing its historic department store following tax hikes that rendered the business unviable.

Beales blames tax increases for its closure, framing the situation as a direct consequence of recent government financial policies.

Failure to pass the tax bill could lead to the largest tax increase in American history, jeopardizing Republican control of Congress.

Stefanie Stantcheva has been awarded the 2025 John Bates Clark Medal for her influential research on tax policy and economic behavior.

Traditional Republican elites prioritize tax cuts, even tolerating authoritarianism under Trump.

Steve Bannon claims Trump may raise taxes on the wealthy to win 2028 election, while cutting taxes for working and middle-class Americans.

Concerns raised over potential tax increases on the wealthy by President Trump, conflicting with traditional Republican tax policies.

Implementing the Working Families Tax Credit proposal is essential to alleviate financial strain on families in New York, particularly those with children.

Concerns arise over potential political misuse of IRS audits due to Trump administration connections.

Tax systems in the U.S. create unequal burdens, varying widely across states despite federal uniformity.

The I.R.S. faces staffing cuts and shifts in duties under pressure from political figures targeting its role.

Annual fuel expenses scale set by authorities impacts tax deductions for vehicles used for work. Rates this year lower than last year.

Proposed tax changes for pensioners in France may eliminate a key allowance, increasing their tax burden significantly.

Trump's proposal to eliminate the federal income tax could have severe consequences, particularly on inflation and housing markets.

The departure of millionaires from London poses a serious economic challenge for the UK.

Reeves advocates for tax increases to support NHS funding, attributing reduced waiting lists to her policies.

Gray voted against a Republican budget plan that could lead to tax cuts for the wealthy, not a direct tax increase.

Rachel Reeves vows to enhance UK's economy by cutting government costs, reducing civil service jobs, and possibly scrapping a tech tax amidst welfare cuts.

Chancellor Rachel Reeves may have to implement tax rises despite her commitment to limit fiscal events.

The UK faces an economic disaster as wealthy individuals flee due to tax changes made in the Autumn Budget.

Chancellor Rachel Reeves is urged to raise taxes to meet fiscal rules amid declining UK economic outlook.

Measure ULA, despite its nickname, imposes a significant tax burden on a variety of properties and requires reform to address its issues.

Britons should pay more for food, with tax cuts suggested for those who grow their own.

Opposition leaders request exemption for hospices from National Insurance tax increase, contrasting with Labour's stance that the tax is crucial for NHS funding.

SMEs face significant challenges due to increased National Insurance contributions, impacting recruitment and wages.

Salary sacrifice schemes could alleviate some financial pressures, saving SMEs over £4 billion annually.