Latest in Minimum Tax World’s
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Be brave and impose minimum tax on world’s billionaires, urges Spanish minister
Carlos Cuerpo calls on G20 leaders to act and says election results show citizens want redistribution of wealth. Spain’s economy minister has urged the world’s richest countries to “be brave” and ...World - The Guardian - 9 hours ago -
Whether it is President Harris or President Trump, a battle over taxes and tips is headed to Capitol Hill
Donald Trump and Kamala Harris back no-tax-on-tips policy, but in an election where the economy is the No. 1 issue, economists say the idea is flawed.Business - CNBC - November 4 -
Minimum wage to rise to £12.21 an hour next year
The National Living Wage will rise by 77p from £11.44 per hour for workers over the age of 21.Top stories - BBC News - October 30 -
Bolt drivers win right to holiday and minimum wage
Thousands of drivers on ride-hailing and food delivery app Bolt have won a legal claim to be classed as workers.Top stories - BBC News - November 8 -
The best (and worst) cities for renters making minimum wage
These are the 10 most (and least) affordable U.S. cities for renters making minimum wage.Politics - The Hill - 6 days ago -
2 States to Vote on Lower Minimum Wage Rate for Tipped Workers
Massachusetts and Arizona plan ballot measures that could eliminate the subminimum wage paid to many workers in the restaurant and hospitality industries.Business - Inc. - October 21 -
Norway to increase minimum age limit on social media to 15 to protect children
Prime minister wants young people to be shielded from ‘power of the algorithm’. Norway is to enforce a strict minimum age limit on social media of 15 as the government ramped up its campaign ...World - The Guardian - October 23 -
Raising the minimum wage is the key to the White House for Kamala Harris
While it might have made for a decent photo-op, Donald Trump’s visit to McDonald's highlights a glaring weakness that the Harris campaign should exploit: his stance on the minimum wage.Politics - The Hill - October 28 -
U.K. to lift minimum wage to $15.84 an hour. Here’s how it compares to the U.S.
The U.K.’s chancellor of the exchequer confirmed the government will lift the U.K.’s national minimum wage by 6.7% in April 2025 to hourly rates of £12.21 ($15.84)Business - MarketWatch - October 30 -
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State Minimum Wage Hike Ballot Measures Show Mixed Results
Missouri and Alaska voters approved bumps to $15 an hour, while a Californa propsoal to go to $18 failed. Increases for tipped workers were voted down in Massachusetts and Arizona.Business - Inc. - November 6 -
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 -
Goodbye to low-tax Britain
One does not need to subscribe to hyperbolic Tory rhetoric to recognise that this Budget heralded a major shiftBusiness - Financial Times - October 30 -
GOP tax battle rages
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Tax battle brewing among Republicans over debt fears President-elect Trump's ...Politics - The Hill - 5 days ago -
Trump’s Tax Plans
Three scenarios for how Republicans could approach cutting taxes next year.Top stories - The New York Times - 3 days ago -
These two ‘low tax’ states are getting socked with fast-rising property taxes
Nationally, property taxes in major cities have gone up 30% since 2019, according to a new Redfin analysis.Business - MarketWatch - October 29 -
Here's how Harris and Trump's tax plans would impact your taxes
Harris and Trump both have proposed historically large tax overhauls. Here's what to know.Top stories - CBS News - November 5 -
Business and wealthy bear brunt of £40bn tax increases in UK Budget
Markets unsettled by extent of government borrowing as Rachel Reeves boosts spendingBusiness - Financial Times - October 30 -
Why it’s hard to box in the wealthy on tax
Budget measures and missed opportunities show difficulty of raising large sums from highly mobile executivesWorld - Financial Times - October 30 -
The Papers: Reeves 'will tax businesses' and Hoy's terminal diagnosis
Reeves' Budget plans are in the spotlight for many Sunday papers, while Liam Payne's death continues to draw the attention of several others.Top stories - BBC News - October 20 -
Is it better for my taxes if I donate shares or cash?
You get the biggest benefit by getting rid of the biggest potential tax liability.Business - MarketWatch - October 21 -
Hunt warns that Reeves will ‘trash’ economy with business tax hikes
Shadow chancellor says he rejected Treasury advice to raise employers’ national insurance paymentsWorld - Financial Times - October 22 -
How squeezing the rich through tax may backfire
If Britain is to have a more European welfare state, it needs a more European tax systemBusiness - Financial Times - October 24 -
Starmer attempts to define 'working people' tax pledge ahead of Budget
The prime minister is under pressure to set out who he is excluding from possible tax increases.Top stories - BBC News - October 25 -
Gold and taxes: What every investor needs to know
Taxes can eat into your profits when you're investing in gold. Here's what to know about the taxes you might owe.Top stories - CBS News - October 25 -
'Tax squeeze backlash' and Clarkson's health scare
Many papers lead with unease over Labour's maiden Budget, while others report on Jeremy Clarkson's health scareTop stories - BBC News - October 25 -
Tax blow for 1mn UK top earners by 2027
Fiscal drag will pull thousands more into a 60 per cent marginal rateWorld - Financial Times - October 26 -
Carried interest: private equity’s tax break
The lower-taxed performance fee has helped buyout firms’ executives amass personal fortunesBusiness - Financial Times - October 27 -
No tax rises in payslips for 'working people', vows minister
Bridget Phillipson refused to say if a small business owner was a "working person" in an interview with the BBC, ahead of Wednesday's Budget.Top stories - BBC News - October 27 -
Wise chief executive fined £350,000 over ‘tax issues’
UK financial regulator says Kristo Käärmann breached conduct rules but clears him to continue in his jobBusiness - Financial Times - October 28 -
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 -
Chris Mason: A change-making Budget and a moment of jeopardy
The government's fate will depend on whether it can make things better, says political editor Chris Mason.Top stories - BBC News - October 31 -
Sunak accuses Reeves of breaking election promises on tax
Tory leader says Labour chancellor is ‘fiddling the fiscal rules’ in her first BudgetBusiness - Financial Times - October 30 -
Capital gains tax calculator: how are you affected?
UK chancellor Rachel Reeves has announced an immediate increase in her first BudgetBusiness - Financial Times - October 30