Latest in Help Tax Cuts
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Steve Bannon supports increasing taxes on the wealthy
President-elect Trump’s onetime White House adviser Steve Bannon said in an interview he supports increasing taxes on the wealthy and corporations. "I’m for a dramatic increase in corporate taxes. ...The Hill - 1d -
Trump Gets Help From Musk to Help Kill Bipartisan Budget Deal
The President-elect triggered budgeting chaos and primes a government shutdown after he and the billionaire CEO threatened Republicans with primary challenges if they voted to approve the ...Inc. - 2d -
A big, broad view of British tax
Some charts showing all the taxes and all the tax reliefsFinancial Times - 2d -
Why money’s flowed into Bank of America bonds — and how a Fed pause in rate cuts may help financial firms
The Federal Reserve’s expected interest-rate cut Wednesday is seen as a potential boost for the banking sector, as corporate bond investors weigh prospects for the U.S.‘s money-center banks.MarketWatch - 3d -
Why This Coffee CEO Turns Down Tax Breaks
Brandon Ivan Peña doesn’t want Puerto Rican financial incentives to get between him and his employees.Inc. - 3d -
Hawley pitches massive increase to child tax credit
Sen. Josh Hawley (R-Mo.) is proposing a huge expansion of the child tax credit (CTC), setting up a potential fight with budget hawks as GOP lawmakers work to hash out their priority tax bill. ...The Hill - 4d -
German frontrunner Friedrich Merz faces row over unfunded tax cuts
Opposition CDU and governing SPD offer starkly competing visions as they prepare to unveil election manifestosFinancial Times - 4d -
Council tax to rise to fund up to £330m for police
The Home Office says funding for forces in England and Wales will rise by 3.5% in 2025-26.BBC News - 4d -
Higher business taxes take toll on UK economy as companies cut back hiring
Fall in private sector employment blamed on Reeves’ £25bn increase in employers’ national insurance contributionsFinancial Times - 5d -
Will the Fed signal a pause in rate cuts?
Market Questions is the FT’s guide to the week aheadFinancial Times - 6d -
Why the case against a Roth conversion gets stronger if Trump’s tax cuts continue
Break-even point for a Roth conversion is long —and extending the 2017 tax cuts could make it longer.MarketWatch - Dec. 14 -
Trump's tax plan is uncertain for 2025 — here are key lessons from his 2017 tax overhaul
Trillions in Trump's tax cuts will expire after 2025 without action from Congress. Here are key lessons from his 2017 tax overhaul.CNBC - Dec. 14 -
Germany’s CDU to offer voters tax cuts and immigration controls
Party’s manifesto for the forthcoming election, seen by the Financial Times, promises tougher stanceFinancial Times - Dec. 14 -
Freedom Caucus says taxes come second
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Freedom Caucus backs strategy for Trump The hardline conservative House Freedom ...The Hill - Dec. 13 -
Many Americans face tax increases in 2026 if tax cuts are not passed
Many Americans will face a tax increase in 2026 if the 2017 tax cuts are not extended, according to a new analysis by the Tax Foundation. Richard Rubin, a U.S. tax policy reporter for the Wall ...CBS News - Dec. 13 -
Middle and higher earners face increasing tax burden
Budget measures combine with legacy ones to raise tax billsFinancial Times - Dec. 13 -
Here's what Trump's plans to extend his tax cuts could mean for you
President-elect Donald Trump has said he wants to extend the 2017 tax cuts, plus throw in a few more. Here's what to know.CBS News - Dec. 13 -
Treasury expands language for IRA biogas tax credit
The Treasury Department’s rule for implementing the Inflation Reduction Act’s (IRA) renewable energy tax credits will incorporate new language that will provide greater benefits for operations that ...The Hill - Dec. 12 -
AI Can Now Help You Lower Your Tax Bill. Here’s How
A number of investment firms, including Vanguard, Schwab, and Fidelity, now offer automated tax optimization tools that can reduce your tax bill.Inc. - Dec. 12 -
Australia to introduce ‘news tax’ on tech companies
Move is designed to close loophole after Meta walked away from existing deal to use media contentFinancial Times - Dec. 12 -
Thune expects tax package by summer: 'Failure is not an option'
Incoming Senate Majority Leader John Thune (R-S.D.) reaffirmed his objective to prioritize swift tax reform in the 119th Congress as well as legislation supporting border security and the energy ...The Hill - Dec. 11 -
Consult us on inheritance tax, farmers urge PM
Farmers driving tractors stage another protest against the Budget changes in central London.BBC News - Dec. 11 -
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Vestas to Cut Jobs at U.K. Factory
Vestas Wind Systems could cut hundreds of jobs at its Isle of Wight factory as it plans to repurpose the site to manufacture onshore turbine blades.The Wall Street Journal - Dec. 11 -
Biden Says Trump’s Tax Cuts and Tariffs Would Be ‘a Major Mistake’
The president also said his successor would face blowback from the Republican Party if he tried to unwind the Biden agenda.The New York Times - Dec. 10 -
Adidas' German headquarters raided in connection with tax investigation
Adidas' German headquarters was raided as authorities investigate a yearslong tax concern.CNBC - Dec. 10 -
Designer Brands Cuts 2024 Outlook
Designer Brands said its sales fell in the third quarter and cut its outlook for the year as unfavorable weather and economic uncertainty reduced consumer spending. Shares fell premarket.The Wall Street Journal - Dec. 10 -
Tax Cuts Were Top of Mind at the Tax Foundation’s Annual ‘Prom’
Republican control of Washington and a tax bill next year have corporate America excited — and on edge.The New York Times - Dec. 10 -
Trump's tariffs: A tax on American consumers
President-elect Donald Trump has promised to impose across-the-board tariffs on imported goods from some allies and adversaries, claiming that foreign nations will pay such taxes to the U.S. ...CBS News - Dec. 8 -
No need for 'large' council tax hikes - Robison
The finance secretary says a record funding deal should prevent an increase - but the decision will rest with local authorities.BBC News - Dec. 5 -
Ending Trump’s 2017 Tax Cuts Won’t Effect GDP, Budget Office Finds
Key provisions of the returning president’s 2017 Tax Cuts and Jobs Act will expire next year if Republicans don’t renew them.Inc. - Dec. 5 -
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Marc Andreessen helps to recruit staff for Musk’s US cost-cutting body
Venture capitalist has role in interviewing and identifying candidates for new Department for Government EfficiencyFinancial Times - Dec. 5 -
Top Republicans collide on strategy for Trump tax agenda
House and Senate Republicans are clashing over how to advance President-elect Trump's tax agenda after incoming Senate Majority Leader John Thune (R-S.D.) offered a plan that would put off tax ...The Hill - Dec. 5 -
On Trump tax cuts, energy and immigration plans, clash emerges between House, Senate GOP leaders
Jason Smith, Chair of House Ways and Means, tells CNBC that his voting majority will be extremely slim for passing President-elect Trump's tax cut promises.CNBC - Dec. 5 -
Jeff Bezos says he is 'optimistic' about a new Trump term and can help with cutting regulations
Amazon founder Jeff Bezos says he is “optimistic” about President-elect Donald Trump’s second term and expressed some excitement about potential regulatory cutbacks in the coming yearsABC News - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts
One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to ...MarketWatch - Dec. 3
