Reshape Taxes
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NBC News - Top stories
Trump's tax reversal punctuates a flurry of freebies defining the 2024 election
As president, Donald Trump slashed a lucrative tax break enjoyed by coastal donors and suburban swing-state voters. Now, he's promising to give back the deduction — if only they will put him back ...2 hours ago - Donald Trump -
The Hill - Politics
Republicans rebuff global tax provision as Treasury implements possible workaround
House leadership and top Republican tax writers doubled down on their rejection this week of an international tax provision within an Organization for Economic Cooperation and Development (OECD) ...2 hours ago - Republican Party -
Inc. - Business
Treasury Plans Bigger Tax Breaks for EV Charger Installations
A new rule proposed Wednesday by the Treasury Department could mean tax credits of up to $1,000 for individuals and $100,000 for businesses if they install electric vehicle chargers.5 hours ago -
The Guardian - World
Sweden cuts tax on flying despite admitting it would increase emissions
Campaigners criticise decision to scrap tax introduced in 2018 amid rise of ‘flight shame’ movement. Campaigners have accused the Swedish government of doing “everything in its power to stop ...9 hours ago -
Financial Times - Business
Bank of England holds rates at 5%
MPC indicates it may lower borrowing costs again as soon as November9 hours ago -
The New York Times - Business
Trump Floats an Array of Expensive Tax Cuts to Win Votes
Whether he is speaking to retirees, corporate executives or tipped workers, former President Donald J. Trump has made a habit of promising tax cuts that could cost trillions.19 hours ago - Donald Trump -
CNBC - Business
Republican House speaker floats deregulation and tax cuts — not tariffs — to pay for Trump proposals
Republican Speaker Mike Johnson is hours away from a House vote on his six-month funding bill, less than two weeks away from a partial government shutdown.Yesterday - Donald Trump -
MarketWatch - Business
My father makes after-tax contributions to his 401(k). Should he take these as his RMD or leave them for his beneficiaries?
“My father is a widower, so any beneficiary would be a non-spouse.”Yesterday -
CBS News - Top stories
Kamala Harris talks child care tax plan in NABJ interview
Vice President Kamala Harris addressed her childcare tax plan in Philadelphia Tuesday during an interview with the National Association of Black Journalists. CBS News campaign reporter Shawna ...Yesterday - Kamala Harris -
The Hill - Politics
Biden administration proposes wide eligibility for EV charger tax credit
The Biden administration has proposed a rule maximizing the number of electric vehicle (EV) chargers that can qualify for tax credits. Prior to the proposed rule, it was unclear whether the tax ...Yesterday - Joe Biden -
The Hill - Politics
Kamala Harris will raise your taxes, no matter what she's saying now
Kamala Harris has promised not to raise taxes for those making less than $400,000, but her proposed tax credits and deductions are not actual tax cuts, and she has promised to let the 2017 Trump ...Yesterday - Kamala Harris -
The Hill - Politics
Biden's climate law got zero GOP votes. Some Republicans think its energy tax credits are worth saving
As President Biden’s signature climate law spurs energy investments in Republican-led districts, many Republican members are getting on board with keeping at least some of its tax credits — ...Yesterday - Republican Party -
The Hill - Politics
Democrats target tax avoidance before cuts expire in 2025
Democrats are going after tax avoidance from big companies and wealthy individuals as the debate on taxes heats up ahead of tax code expirations scheduled for next year. A new set of proposed rules ...Yesterday -
Financial Times - World
Lib Dem call to tax rich more may be a poor pitch to its base
Ed Davey urges Labour to increase spending to ‘winterproof’ the NHS in a strategic moveYesterday -
Financial Times - World
Tax threat and negativity undermine investment efforts, business leaders warn
Industry executives air concerns over prime minister and chancellor’s gloomy comments about public financesYesterday -
Financial Times - World
How a 7-Eleven takeover could reshape corporate Japan
Companies in Japan have long avoided foreign acquisitions, but that could be changingYesterday - Japan -
The New York Times - Top stories
Trump Suggests Restoring the State and Local Tax Break He Once Limited
Former President Donald J. Trump’s 2017 tax law capped the state and local tax deduction at $10,000. He said on Tuesday that he would lift that limit.2 days ago - Donald Trump -
NBC News - Top stories
Trump calls for undoing part of his own tax law, vowing to 'get SALT back'
Donald Trump called for rolling back part of his signature tax law Tuesday, suggesting he would seek to reinstate the state and local tax deduction or SALT.2 days ago - Donald Trump -
CNBC - Business
GOP House Speaker Johnson backs keeping some of Biden's clean energy tax credits
In an exclusive interview with CNBC, Johnson says he will use "a scalpel and not a sledgehammer" in deciding which IRA tax credits to try to roll back.2 days ago - Joe Biden -
Financial Times - Business
Trump vows to restore homeowner tax break he scrapped
Former US president courts wealthy suburban voters with pledge to ‘get Salt back’2 days ago - Donald Trump -
The Hill - Politics
Rep. Horsford introduces bill to eliminate taxes on tips
Rep. Steven Horsford (D-Nev.) has introduced the Tipped Income Protection and Support (TIPS) Act to eliminate federal taxes on tips and subminimum wages for tipped workers.2 days ago -
The New York Times - Top stories
The Fires That Could Reshape the Amazon
Vast, diverse parts of Brazil are burning at the same time, forcing officials to rethink how to protect crucial ecosystems like the Amazon.2 days ago -
CNBC - Business
Your inherited individual retirement account could trigger a 'tax bomb,' advisor says. How to avoid it
If you've inherited a pretax individual retirement account since 2020, you could face a sizable tax bill without proper planning. Here's what to know.2 days ago -
The New York Times - Tech
How A.I., QAnon and Falsehoods Are Reshaping the Presidential Race
Three experts on social media and disinformation share their predictions for this year’s chaotic election.2 days ago -
Financial Times - Business
Lib Dems to press Rachel Reeves to raise taxes on banks and wealthy
Ed Davey wraps up party conference saying rich should pay more to fund transformation of NHS and social care2 days ago -
Financial Times - Business
London’s ailing junior stock market cannot withstand a tax raid
Abolition of Aim would make it harder to stimulate investor interest in smaller companies2 days ago -
Financial Times - World
Do I owe UK tax on my crypto assets?
I’ve had a letter from HMRC; does this mean I've made a mistake on my last tax return?2 days ago - United Kingdom