Latest in Downside Tax Cuts
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How the IRS layoffs could affect audits and refunds during tax filing season
Thousands of IRS employees have lost their jobs as part of DOGE's spending cuts, and the layoffs could affect essential agency functions during tax season.CNBC - 2d -
Large Shipping Nations Agree to Greenhouse Gas Tax
China, Brazil, and other major shipping nations agree to first-ever global tax on greenhouse gas emissions.Inc. - 2d -
North Sea oil deals allow companies to offset billions in tax liabilities
In three recent arrangements, operators with significant tax losses have merged with rivals with profitable assetsFinancial Times - 1d -
In Ukraine, Porn Is Illegal. So Why Are Its Creators Paying Taxes?
Ukraine makes tax revenue off the creators of pornographic content, but also threatens them with prosecution. A draft law aims to fix what many say is an unfair contradiction.The New York Times - 3h -
In Ukraine, Porn Is Illegal. So Why Are Its Creators Paying Taxes?
Ukraine makes tax revenue off the creators of pornographic content, but also threatens them with prosecution. A draft law aims to fix what many say is an unfair contradiction.The New York Times - 3h -
Spaced Out: Spending Cuts Could Hurt Startups
Elon Musk, the CEO of SpaceX and the head of DOGE, could be cutting off funds for new companies in his own industry.Inc. - 2d -
Can't pay your taxes by April 15? You have options, IRS says
You have options if you can't pay your taxes by April 15, according to the IRS. Here's what taxpayers need to know.CNBC - 2d -
How to Evade Taxes in Ancient Rome? A 1,900-Year-Old Papyrus Offers a Guide.
A manuscript discovered in the Judean desert contains trial notes on an intricate tax-evasion scheme that involved forgery, fiscal fraud and the false sale of slaves.The New York Times - 3h -
How to Evade Taxes in Ancient Rome? A 1,900-Year-Old Papyrus Offers a Guide.
A manuscript discovered in the Judean desert contains trial notes on an intricate tax-evasion scheme that involved forgery, fiscal fraud and the false sale of slaves.The New York Times - 3h -
Proposed NASA Budget Cuts ‘Would Decimate American Leadership in Space’
The approximate 20 percent budget cut could force the closure of the Goddard Space Flight Center and would see projects such as the Nancy Grace Roman Space Telescope scrapped.Wired - 2d -
How Health and Human Safety Department cuts could affect your health
In his first network TV interview since becoming Health and Human Services Secretary, Robert F. Kennedy Jr. sat down with Dr. Jon LaPook. Kennedy said he was not familiar with cuts to programs that ...CBS News - 1d -
How Health and Human Safety Department cuts could affect your health
In his first network TV interview since becoming Health and Human Services Secretary, Robert F. Kennedy Jr. sat down with Dr. Jon LaPook. Kennedy said he was not familiar with cuts to programs that ...CBS News - 1d -
GM cutting jobs, idling Canadian electric van plant due to 'market demand'
General Motors is cutting production of its all-electric delivery vans at a plant in Canada ahead of idling the facility through much of this year.CNBC - 2d -
EU to give €1.6bn to Palestine amid Israel’s expanded Gaza offensive
Also in this newsletter: should the EU introduce an ‘Amazon tax’?Financial Times - 7h -
Trump HHS cuts office that sets poverty levels tied to benefits for 80M people
Recent cuts eliminated a small, specialized workforce that sets the poverty standards determining who is eligible for Medicaid as well as assistance with food, home heating, child care, and more.CBS News - 2d -
Shane Lowry doesn't want to talk about Rory, then talks about Rory before cutting interview short
Boiling after back-to-back bogeys to end his third round of the Masters, Lowry cut his interview short on Saturday while saying he wished he'd had 30 minutes to cool off.Yahoo Sports - 1d -
‘Electoral wake-up call’: dozens of Labour MPs risk losing majorities over welfare cuts
New data shows cabinet ministers among MPs at risk as campaign to pressure government over proposed benefit cuts to step up. At least 80 Labour MPs are at risk of losing their majorities over ...The Guardian - 8h -
57-year-old bridal store owner cuts own salary to handle Trump's China tariffs: 'I see a retail meteor heading towards' the U.S.
Penny Bowers-Schebal, owner of wedding dress shop Formality Bridal, says she cut her salary and must likely raise prices due to the President's tariffs on China.CNBC - 1d -
The art of the hollow promise to cut Pentagon waste
President Trump's executive order aims to modernize defense acquisitions and spur innovation, but critics argue it will lead to more waste and deregulation, rather than reducing the Pentagon's ...The Hill - 18h -
A critical week for Meta and a key test for the new FTC chair
Plus, ECB expected to cut interest rates and milestone dates for McDonald’sFinancial Times - 19h -
Trump Signals New Tariffs on Chips, Calling Exclusions Temporary
On Friday, the administration carved out an exception for a variety of electronics from the steep taxes now applied to Chinese imports.The New York Times - 12h -
CDC faces backlash for cutting sickle cell, adult disability programs
Nearly half of the National Center on Birth Defects and Developmental Disabilities was laid off.CBS News - 3d -
Coach, Cut, or Coddle: Using Decisive Leadership With Difficult Employees
How to make the right call when facing workplace insubordination.Inc. - 3d -
Medicare Bleeds Billions on Pricey Bandages, and Doctors Get a Cut
Medicare spending on “skin substitutes” made of dried placenta has soared as doctors pocket lucrative discounts from sellers.The New York Times - 2d -
New Pact Would Require Ships to Cut Emissions or Pay a Fee
A draft global agreement sets a fee for cargo ships, which carry the vast majority of world trade, to pay for their greenhouse gas emissions.The New York Times - 2d -
Harvard faculty sue Trump administration over funding cuts threat
Harvard University faculty sued the Trump administration on Friday over a federal assessment of the school's spending amid allegations of their “failure” to protect students from antisemitism. The ...The Hill - 1d -
Hispanic consumers cut back spending over US deportation fears
Trump’s immigration policies have contributed to a sales slowdown triggered by his tariffsFinancial Times - 1d -
RFK Jr. looks to reshape US public health despite budget cuts
Once an influential environmental lawyer and celebrated conservationist, Robert F. Kennedy Jr. has turned his focus in recent years to public health often promoting baseless conspiracy theories. ...NBC News - 23h -
Professors sue Trump administration over Harvard funding cuts
Resistance by faculty, students and staff to intensifying attacks on higher education institutions growsFinancial Times - 8h -
Share of domestic postgraduate researchers hits record low in England
Cuts to PhD funding have caused UK student intake to shrink, data showsFinancial Times - 1d -
UK suspends import tariffs to ease strain for British businesses
Levies cut on 89 products to support domestic companies against Trump’s trade warFinancial Times - 23h -
Children Seeking Cholera Care Die After U.S. Cuts Aid, Charity Says
The victims died on a grueling three-hour walk in scorching heat as they tried to reach the nearest remaining health facility, officials of Save the Children said.The New York Times - 3d -
Two Atari Retro Consoles Get Massive Price Cuts, Including New 7800+
Atari 7800+ Cartridge-Based Retro Console $75 (was ...GameSpot - 2d -
Trump's ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
Expectations include millions of less vehicle sales, higher new and used vehicle prices and increased costs of more than $100 billion for the industry.CNBC - 1d -
Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles remain in effect despite a pullback this week on other country-based levies, analysts are expecting massive global ...NBC News - 1d -
Measles exploded in Texas after stagnant vaccine funding. New cuts threaten the same across the US
The measles outbreak in West Texas didn’t happen just by chanceABC News - 22h -
Trump administration's foreign aid cuts threaten to roll back global maternal mortality progress
Maternal mortality rates have declined significantly across the world since the turn of the century, but global health experts fear that progress could be rolled back as a result of the Trump ...The Hill - 19h -
From Portugal: Manchester City midfielder ready to accept major pay cut to join dream club this summer
A new report from Portugal has detailed that Pep Guardiola could see more midfield exits follow after Kevin De Bruyne announced he will be leaving Manchester City at the end of the season.In his ...Yahoo Sports - 4h