Latest in Raising Income Tax
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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 - 6 hours ago -
Battleground state election lawsuits and IRS raises income tax brackets: Morning Rundown
Kamala Harris interview, Donald Trump, John Kelly, JD Vance, IRS income tax brackets for 2025, bird flu cases in Washington, McDonald's quarter pounder, Liam Payne, Maya HenryTop stories - NBC News - October 23 -
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 -
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 -
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 -
Voters to decide if Northwestern Local Schools income tax will be repealed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 -
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 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 -
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 -
Trump tax plans could exempt 93 million Americans from income taxes
Even if Donald Trump wins the November election against Vice President Kamala Harris, his tax overhaul will require a friendly House of Representatives.Business - CNBC - October 21 -
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 - 3 days ago -
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Tax on Europe’s frequent flyers could raise €64bn a year – study
Levy rising by €100 for each return flight after the first in a year could cut emissions by 21%, report says. A “jet-setter” tax on Europe’s frequent flyers could slow global heating and raise ...World - The Guardian - October 17 -
Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit
Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive reforms to narrow the country's fiscal deficitWorld - ABC News - October 18 -
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 -
Rachel Reeves’ tax-raising Budget will affect you for years
The bean counters are back in control with a chancellor who wants to change the rules without rocking the boat.Top stories - BBC News - October 28 -
Reeves to promise ‘wealth and opportunity for all’ in major tax-raising budget
Having announced minimum wage boost, chancellor to say she can spare working people from tax rises. Autumn budget live: latest news updates The UK’s national minimum wage is to rise by a ...World - The Guardian - October 29 -
UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds
Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.Business - The New York Times - October 30 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
UK's ultra-rich feel the pinch from Labour's tax-raising budget
Britain's wealthy are feeling the pinch following a slew of targeted tax hikes in the Labour government's budget, with many saying they are making good on plans to leave.Business - CNBC - 3 days ago -
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 -
UK’s rising fiscal burden narrows tax gap with Europe
Britain’s fiscal picture is closer to EU averages than it has been for decadesBusiness - Financial Times - October 30 -
UK borrowing costs soar day after Labour government unveiled tax-raising budget
U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.Business - CNBC - October 31 -
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 - 6 days ago -
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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 -
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