UK looks at cutting digital services tax to avoid Trump tariffs
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UK races to avoid Trump tariffs
US wants Britain to drop its digital services tax, which affects big American companiesFinancial Times - 1d -
UK trade minister seeks to fend off threat of US tariffs
Britain’s digital services tax set to remain point of dispute at Washington meetingFinancial Times - 4d -
How to Avoid US-Based Digital Services—and Why You Might Want To
Amid growing concerns over Big Tech firms aligning with Trump administration policies, people are starting to move their digital lives to services based overseas. Here's what you need to know.Wired - 1d -
The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.CNBC - Mar. 12 -
House Republicans push Trump-backed bill to avoid shutdown, sparking backlash
High-stakes vote puts GOP lawmakers at odds with Democrats over cuts to social services and military boosts. House Republicans are gambling on a near party-line vote on Tuesday to avoid a looming ...The Guardian - Mar. 11 -
State and local tax deduction could change amid Trump's tax cuts debate. Here's what to know.
As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say.NBC News - Mar. 13 -
China’s Tax Revenue Declines as Its Leaders Brace for Trump’s Tariffs
Tax revenues have fallen, leaving the government with less money to help consumers or exporters as Beijing braces for President Trump’s tariffs.The New York Times - 6h -
Trump’s tariffs will be paid by the poor – while his tax cuts help the rich | Robert Reich
The math doesn’t work in the president’s economic promises, which will create a giant upward transfer of wealth. Donald Trump apparently believes his tariffs will bring so much money to the US ...The Guardian - Mar. 15 -
GOP senator says 'tariffs is a tax' and Trump understands 'completely'
A GOP senator says President Trump's tariffs are a tax on American consumers, and Trump knows but the goal is to create open markets and long-term fairnessThe Hill - Mar. 13 -
CBO projects deficits will sharply rise if Trump tax cuts made permanent
New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made permanent and not simply extended. In response to an inquiry from House ...The Hill - 1d -
Trump says he considering cutting back on Canada tariffs as stock markets bounce
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...CBS News - Mar. 11 -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - Mar. 10 -
The Size of the Tax Cut
We explain how Republicans are approaching taxes.The New York Times - 1d -
It’s ‘Maganomics’: Trump’s brash economic strategy is likely to end in crash or crisis | Jonathan Portes
Large tax cuts for the rich, import tariffs, and the competing interests of Republican nationalists and the techno-right is a dangerous combination. What connects Donald Trump’s approach to trade, ...The Guardian - Mar. 12 -
Trump threatens 200% tariff on alcohol from EU
Wine and spirits will be taxed, Trump says, if the EU does not remove tariffs on US whiskey.BBC News - Mar. 13 -
Trump says Democrats would be to blame for shutdown, suggests it could delay tax cuts
President Trump said Thursday that Democrats would be to blame if government funding runs out this week and suggested a shutdown could delay GOP efforts to extend expiring tax cuts. "They do a ...The Hill - Mar. 13 -
The looming budget question: Will Medicaid cuts fund tax cuts?
Republicans should focus tax cuts on middle-income and lower-income households that would provide greater support to the economy than tax cuts for the wealthy.The Hill - Mar. 14 -
Trump says the Fed should cut rates to ease the economy’s transition to his tariffs
President Donald Trump is encouraging the central bank to cut interest rates as a backstop for his tariff plans.CNBC - 2d -
Dr. Mehmet Oz may have underpaid Medicare and Social Security taxes, Senate Democratic memo finds
Dr. Mehmet Oz, President Donald Trump’s nominee to oversee the Center for Medicare and Medicare Services, may have “significantly” underpaid Medicare and Social Security taxes.NBC News - Mar. 13 -
UK Treasury to review under-fire Financial Ombudsman Service
Announcement of probe comes as government sets out ‘radical action plan’ to cut regulation and red tapeFinancial Times - 5d -
How Trump Cuts Could Change Your Summer Hiking Trip
The Bureau of Land Management, the Forest Service and the Fish & Wildlife Service manage more public lands than the Parks Service. And their staffs have also been cut.The New York Times - Mar. 14 -
Bessent reveals how Trump will decide reciprocal tariffs
President Trump’s reciprocal tariffs could go well beyond matching import taxes imposed on U.S. goods by other nations, Treasury Secretary Scott Bessent said Tuesday. In an interview, Bessent said ...The Hill - 4d -
Trump calls for Fed to cut rates as economic effects of tariffs start to kick in
Hours after the Federal Reserve maintained its guidance for two interest-rate cuts later this year, President Donald Trump weighed in Wednesday night, calling for rate cuts to accompany his new ...MarketWatch - 2d -
Trump threatens to put 200% tariff on French Champagne and other EU spirits
The U.S. tariff comes after the European Union moved to put an import tax on American whiskey.CNBC - Mar. 13 -
Trump threatens Europe with 200 percent tariff on wine, Champagne
President Trump on Thursday threatened to put a hefty 200 percent tariff on wine and Champagne coming in from Europe if the European Union (EU) does not remove a tariff on whisky. “The European ...The Hill - Mar. 13 -
Why the UK Has Not Retaliated Against Trump’s Tariffs
Prime Minister Keir Starmer wants to stay close to the United States, even as the uncertainty unleashed by President Trump offers a chance to build ties with the European Union.The New York Times - Mar. 12 -
UK should not cave in to Trump’s ‘bullying’ over tech tax says Davey
Lib Dem leader warns US president is ‘an unreliable ally’Financial Times - 1d -
Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact
Some European car manufacturers may be able to avoid new U.S. tariffs, at least temporarily.CNBC - Mar. 10 -
Congress avoids a shutdown — and gives Trump more tariff power against Canada and Mexico
Congress avoided a government shutdown Friday evening, after the Senate passed legislation that funds the federal government through September at spending levels similar to the 2024 fiscal year.MarketWatch - Mar. 14 -
Trump administration eyes 30 percent payroll reduction at National Park Service
The Trump administration is eyeing a 30 percent payroll reduction at the National Park Service, signaling big cuts at a high-profile government agency that could make headlines during the summer ...The Hill - Mar. 10 -
Trump presses Federal Reserve to cut rates
President Trump again pressed the Federal Reserve to cut interbank lending rates as the administration's sweeping tariffs are set to resume next month. “The Fed would be MUCH better off CUTTING ...The Hill - 2d -
‘Not quite yet beautiful’: Republicans at odds over spending cuts after meeting Trump
Senate Republicans aren’t seeing eye to eye with their colleagues in the House over places to cut spending in order to pay for their extension of the 2017 Trump tax cuts. GOP members of the Senate ...The Hill - Mar. 14 -
State Reforms + the State of Reform
We look at plans for a civil service shake-up and at division in Reform UK.BBC News - Mar. 9 -
Trump announces more tariffs on Canada's steel, aluminum as stocks continue stumbling
President Trump announced more tariffs on Canada's steel and aluminum after Ontario announced a tax on electricity for the U.S. CBS Moneywatch correspondent Kelly O'Grady reports and CBS News' Fin ...CBS News - Mar. 11 -
‘Be careful about this’: Warnings abound as GOP considers writing off tax cuts
Republicans will discuss the accounting maneuver with President Donald Trump on Thursday.Politico - Mar. 12 -
U.S. business owners respond to tariff war
President Trump on Thursday threatened to put a 200% tariff on European alcohol if the European Union puts a 50% import tax on American whisky in retaliation for his tariffs on steel and aluminum. ...CBS News - Mar. 13 -
More than a fifth of UK adults still not looking for work
Official figures come after controversial plans to cut sickness and disability benefits were announced this week.BBC News - 2d -
What Oil Executives Want From President Trump
Tariffs, tax credits and deregulation are among the industry’s top priorities.The New York Times - 3d -
The etiquette of digital debts among friends
A recent article in the Wall Street Journal looked at the "unspoken rules" of digital payment apps like Venmo and tried to decipher the proper etiquette for requesting money back from friends. The ...CBS News - Mar. 10
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