Latest in Governor Says Tax
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Colorado governor says tax cuts key to state's shift left
Colorado Gov. Jared Polis (D) said on Wednesday tax cuts are key to his state’s shift to the left in the wake of President-elect Trump’s win in the 2024 presidential election. Republicans made ...Politics - The Hill - November 8 -
California Governor Proposes $750 Million in Annual Film Tax Credits
Gov. Gavin Newsom wants to more than double the amount the state offers in incentives, which would make its program one of the nation’s most generous.Business - The New York Times - October 27 -
Louisiana governor calls a special session to address taxes and the courts
Louisiana legislators will meet for a special session beginning Nov. 6 to consider Republican Gov. Jeff Landry’s ambitious attempt to overhaul the state’s tax structureTop stories - ABC News - October 28 -
UK inflation fading faster than expected, says BoE governor
But Andrew Bailey wants to see a further decline in services price growthBusiness - Financial Times - October 23 -
‘No threat to public’ after bomb threats, Pennsylvania governor says
Pennsylvania Gov. Josh Shapiro confirmed that there were "multiple bomb threats" at polling locations. Shapiro assured the public that the threats were not credible.Top stories - NBC News - November 6 -
ECB must commit to faster rate cuts, says Bank of Italy governor
Fabio Panetta sees risk of inflation falling ‘well below’ central bank’s 2% target amid stagnant demandBusiness - Financial Times - 2 days ago -
Border governor says she'll work with Trump, but won't 'tolerate terrorizing communities'
Arizona Gov. Katie Hobbs (D) said Monday that she will work with President-elect Trump when he takes office in January, but won’t ”tolerate terrorizing communities” Hobbs said at a press ...Politics - The Hill - 2 days ago -
Tax rises needed to avert austerity, Starmer says
The prime minister gives a gloomy economic picture as he set out his justifications for "tough decisions" in the Budget.Top stories - BBC News - October 28 -
Banks’ use of AI could be included in stress tests, says BoE deputy governor
Sarah Breeden says technology’s ‘power and use . . . is growing fast’Business - Financial Times - October 31 -
Ukraine strikes Russia with US-made long-range missiles for first time
Weapons arsenal in Bryansk region hit after Biden administration lifts restrictions on Kyiv’s use of AtacmsBusiness - Financial Times - 2 days ago -
Growth hit by freeze on tax thresholds, says BoE official
‘Tax-bracket creep’ has hit middle earners hardest, warns Catherine Mann ahead of a likely Budget extensionBusiness - Financial Times - October 24 -
UK tax raid on private equity could raise £1bn, say researchers
Analysis of HMRC data by Centre for the Analysis of Taxation comes as industry braces for Budget changesBusiness - Financial Times - October 25 -
Vance says eliminating federal income taxes is not ‘realistic’ as Trump floats it
Donald Trump has floated the idea of eliminating the federal income tax. In an interview with Meet the Press, his running mate, JD Vance, says the idea is not “realistic,” calling it an ...Politics - NBC News - October 27 -
Budget watchdog will break impartiality, claims Hunt
The former chancellor says the publication of a review which could criticise the Conservatives on Budget day would "cross a line".Top stories - BBC News - October 28 -
Reeves’s £40bn tax rises will boost growth ‘sustainably’, says IMF
Rare intervention comes as Resolution Foundation says UK will remain ‘stagnation nation’ despite push to invest. ‘It has a political vision’: five viewpoints on budget Budget 2024: what it ...World - The Guardian - October 31 -
Inheritance tax changes sound ‘death knell’ for family businesses, say owners
Chancellor Rachel Reeves’ first Budget has caused alarmWorld - Financial Times - October 31 -
Will you have a lower tax rate in retirement? Maybe not, financial advisors say
Most people will have a lower tax rate when they retire, but others won't due to factors like large required 401(k) and IRA withdrawals, advisors said.Business - CNBC - November 7 -
The markets could have the final say on Trump’s tax cuts and tariffs
Financial markets could wind up as the final arbiter about whether he has gone too far.Politics - The Hill - 6 days ago -
Farmers should 'look calmly' at controversial tax plans, says minister
Daniel Zeichner insists the "vast majority of farmers" will not be affected by inheritance tax plans.Top stories - BBC News - 4 days ago -
Thousands of farmers protest against inheritance tax changes
There has been outcry from many farmers after changes to inheritance tax for farms announced in the Budget.Top stories - BBC News - 2 days ago -
Health savings accounts offer investors 'unmatched' tax benefits, expert says. Here's how to take advantage
Health savings accounts offer tax and saving benefits, but most Americans don't understand themBusiness - CNBC - October 23 -
Autumn budget live: Rachel Reeves raises taxes by £40bn and increases spending on NHS and schools
Chancellor announces changes to employers’ national insurance contributions, inheritance tax, capital gains tax and other duties. Budget 2024: key points at a glance Full report: Reeves raises ...World - The Guardian - October 30 -
'Inflation is like a regressive tax,' economist says — only one group can 'easily afford' holiday spending this year
If the thought of holiday spending makes you wince, you're not alone. Only one group can easily afford this year's costs, a survey found.Business - CNBC - October 30 -
Starmer insists pro-growth policies on way after OBR’s budget warnings – UK politics live
PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five years. Rachel Reeves is now being interview on ITV’s Good Morning Britain.. She is being ...World - The Guardian - October 31 -
Higher UK air taxes will not deter private jet customers, industry bosses say
Passenger duty will increase 50 per cent for the largest private jets in 2026World - Financial Times - November 1 -
Higher taxes will make it harder for Britain to build 'the next Nvidia,' tech execs say
Startup founders and investors slammed capital gains tax hikes in the U.K., saying it would make it harder for the country to succeed as a global tech hub.Business - CNBC - November 1 -
Trump promised no taxes on Social Security benefits. It's too soon to plan on that change, experts say
Even with Trump win and a Republican majority, plans to nix taxes on Social Security benefits may still face hurdles.Business - CNBC - November 6 -
Former Treasury Secretary Mnuchin says Trump's top priorities will be tax cuts, Iran sanctions and tariffs
Tax cuts are 'a signature part of his program,' Mnuchin said in a "Squawk Box" interview.Business - CNBC - November 7 -
Many parents voted for Trump. His top priority should be expanding the child tax credit, advocates say.
Parents — specifically, male parents — voted for President-elect Donald Trump this election cycle in an ongoing show of support for the Republican Party by voters with children, according to exit ...Business - MarketWatch - November 7 -
Capital gains tax hikes 'entirely off the table' under President-elect Trump, Republican Congress, economist says
Higher capital gains taxes are unlikely under President-elect Donald Trump and a Republican-controlled Congress, experts say.Business - CNBC - November 7 -
Trump wants to provide a tax credit for caregivers. Here's what experts say about the proposal
At a recent campaign rally, President-elect Donald Trump said "it's about time" caregivers are recognized. Here's what we know about his tax credit proposal.Business - CNBC - November 13 -
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UK farmers plan to protest at Parliament over a tax hike they say will ruin family farms
British farmers are descending on Parliament to protest a hike in inheritance tax that they say will deal a “hammer blow” to struggling family farmsWorld - ABC News - 2 days ago -
Here's why Trump's tax plans could be 'complicated' in 2025, policy experts say
President-elect Donald Trump's tax plans could be complicated as Congress debates competing priorities in 2025. Here's what to know.Business - CNBC - 2 days ago -
Act now for $7,500 EV tax credit: There's 'real risk' Trump will axe funding in 2025, lawyer says
Trump and Republicans on Capitol Hill will likely slash Biden-era tax breaks for electric vehicles in 2025 to raise money for a tax cut package.Business - CNBC - Yesterday -
Act now for $7,500 EV tax credit: Experts say there's a risk Trump will axe funding in 2025
Prospective car buyers considering an electric vehicle may need to act fast to get a Biden-era EV tax credit worth up to $7,500, due to the likelihood that President-elect Donald Trump and ...Top stories - NBC News - Yesterday
