Latest in Income Rule Change
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Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
It’s hard to fill a budget black hole if you’ve ruled out raising income tax | William Keegan
Keir Starmer and Rachel Reeves were so desperate to win the election that they deprived themselves of the best tools for fixing their bleak ‘inheritance’. It saddens those of us who waited so long ...World - The Guardian - October 27 -
Oregon Exploited a Loophole to Beat Ohio State. Now the Rules Are Changing.
The Ducks appeared to intentionally use 12 players on defense in the closing seconds of Saturday’s game in an attempt to run out the clock.Sports - The New York Times - October 17 -
Social media faces big changes under new Ofcom rules
Ofcom warns social media companies could face fines if they don’t comply with the new Online Safety BillTop stories - BBC News - October 17 -
Inherited IRA rules are changing in 2025 — here's what beneficiaries need to know
If you have an inherited IRA, you may be subject to yearly withdrawals starting in 2025. Here's how to reduce your tax bill.Business - CNBC - October 17 -
Reeves confirms change to UK fiscal rules to help fund £20bn of annual investment
Chancellor promises in FT to avoid ‘falls in public sector investment’ planned by ToriesBusiness - Financial Times - October 24 -
Chancellor to change debt rules to release billions for infrastructure spending
Rachel Reeves tells the BBC the change will allow the government to borrow more money - but cuts are still expected in her first Budget next week.Top stories - BBC News - October 25 -
What to know about new airline refund rule for delays and changes
With the holidays approaching, travelers now have the right to automatic refunds if flights are canceled or face major delays. New rules also cover flight changes and baggage delays. Kris Van ...Top stories - CBS News - October 30 -
Seismic change in Botswana as party that ruled for 58 years loses power
Botswana’s President Mokgweetsi Masisi conceded defeat in the general election Friday, in a seismic moment of change for the country that ended the ruling party’s 58 years in power since ...Top stories - NBC News - November 1 -
‘No Smoking’ Sign on Planes Won’t Need Off Switch After FAA Rule Change
The Federal Aviation Administration did away with a rule that had required an off switch for the sign even though smoking on U.S. flights ended years ago.Business - The New York Times - October 23 -
Seismic change in Botswana as party that ruled for 58 years since independence loses power
Botswana's President Mokgweetsi Masisi has conceded defeat in the election in a seismic moment of change for the county that ended the ruling party’s 58 years in power since independence from ...World - ABC News - November 1 -
FirstFT: Partner pay at US law firms hits record levels
Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programmeWorld - Financial Times - October 25 -
Why Georgia’s EU future is on the ballot in historic parliament vote
Also in this newsletter: Russian migrant-smuggling ring bustedWorld - Financial Times - October 25 -
From Overworked Operator to Passive Income Owner
How entrepreneurs can rethink their business strategy to one relying on self-management.Business - Inc. - October 25 -
IRS unveils Roth IRA income limits for 2025
The IRS unveiled the Roth individual retirement account income limits for 2025.Business - CNBC - November 1 -
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Voters to decide if Northwestern Local Schools income tax will be repealed
For about 30 years, Northwestern Local Schools have received almost $3 million a year from a local income tax. But that could change come election day.Sports - Yahoo Sports - October 16 -
Travelers’ stock soars as earnings triple despite record catastrophe losses
ravelers’ stock surges toward another record after earnings beat expectations by a wide margin, amid a sharp improvement in underlying profitability.Business - MarketWatch - October 17 -
Reeves looks to keep ‘stealth tax’ freeze on thresholds
Budget move on individual income could raise £7bn a year towards plugging £40bn fiscal shortfallBusiness - Financial Times - October 18 -
IRS announces new federal income tax brackets for 2025
The IRS has announced higher federal income tax brackets and standard deductions for 2025. Here's what taxpayers need to know.Business - CNBC - October 22 -
IRS unveils 2025 income tax brackets: Where do you fall?
Among the changes announced Tuesday are adjustments to standard deductions and marginal tax brackets.Politics - The Hill - October 22 -
IRS announces new federal income tax brackets for 2025
The IRS has announced new federal income tax brackets and standard deductions for 2025.Top stories - NBC News - October 22 -
Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All
The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.Business - The New York Times - October 24 -
Here's how to leverage higher income limits for the 0% capital gains bracket
Bigger earnings limits are coming for the 0% capital gains brackets in 2025. That could offer tax planning opportunities, financial experts say.Business - CNBC - October 25 -
Trump doubles down on replacing income taxes with tariffs in Joe Rogan interview
Vice President Kamala Harris has attacked the tariff policy proposed by Donald Trump, calling it effectively a "sales tax" on Americans.Business - CNBC - October 26 -
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 -
Most in Oregon opposed to measure creating universal basic income: Poll
A poll conducted by the Public Policy Polling firm shows that 54% of Oregon voters oppose a state effort to provide every Oregonian with $1,600 a year in basic income, citing potential negative ...Politics - The Hill - October 28 -
Trump proposes eliminating the income tax. Here's what experts think.
Experts cast doubt on whether the lost revenue could be replaced with tariffs.Top stories - ABC News - October 28 -
Revealed: the growing income gap between Europe’s biggest and smallest farms
Big farms rake in record profits when food prices soar, while small farms struggle on razor-thin margins. ‘Welfare for the rich’: how farm subsidies wrecked Europe’s landscapes . The income gap ...World - The Guardian - November 2 -
Five economic areas the incoming US president needs to tackle
New administration must find a way to maintain growth while repositioning the economyWorld - Financial Times - 4 days ago -
USDA ban on school lunch fees for low-income families begins in 2027
Struggling families pay as much as 60 cents per dollar in fees when paying for school lunches electronically, according to CFPB report.Top stories - CBS News - 2 days ago -
Japan’s new kingmaker pushes for income tax threshold rise
Yuichiro Tamaki’s once-fringe DPP has leverage over Prime Minister Shigeru Ishiba’s weakened ruling partyWorld - Financial Times - 21 hours ago -
Incoming Trump presidency threatens millions of Americans’ healthcare plans
Congress likely not to renew extended ACA coverage next year and Trump’s ‘concepts of a plan’ for US healthcare are unknown. US elections 2024 – live updates Millions of Americans are at risk ...World - The Guardian - 9 hours ago -
Republicans appeal ruling invalidating Georgia election rules
National and state Republicans have appealed a Georgia judge's ruling that a handful of controversial rules passed in recent months by the GOP-led State Election Board are “illegal, ...Politics - The Hill - October 18
