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Colorado governor says tax cuts key to state's shift left

Colorado Gov. Jared Polis (D) said on Wednesday tax cuts are key to his state’s shift to the left in the wake of President-elect Trump’s win in the 2024 presidential election. Republicans made ...

Politics - The Hill - 10 hours ago

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

Former Treasury Secretary Mnuchin says Trump's top priorities will be tax cuts, Iran sanctions and tariffs

Tax cuts are 'a signature part of his program,' Mnuchin said in a "Squawk Box" interview.

Business - CNBC - 14 hours ago

IMF hails Reeves’ ‘sustainable’ tax rises; Resolution Foundation says budget marks ‘decisive shift from planned cuts’ – business live

Foundation says there will be better funded public services in schools, NHS and justice but households face further squeeze. And a few more – Resolution Foundation analysis:. Tax and benefit ...

World - The Guardian - October 31

Reeves eyeing £40bn in tax rises and spending cuts

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

Trump Keeps Promising New Tax Cuts. Other Republicans Are Wary.

Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.

Business - The New York Times - October 17

Tourism hotspot cuts council tax on second homes

Councillors vote to cut council tax premium, six months after a higher rate of 200% was brought in.

HK Leader May Focus on Economy, Liquor Tax Cut in Speech

World - Yahoo News - October 15

Reeves aims to close £40bn funding gap as she plans tax rises in Budget

Figure is significantly more than the £22bn fiscal hole the government previously identified

Business - Financial Times - October 15

Hong Kong cuts liquor tax in an effort to reignite its nightlife industry

Hong Kong’s leader has announced a cut in liquor taxes as the Asian financial hub hopes to revive its reputation as a travel destination with a vibrant nightlife and dining scene

World - ABC News - October 16

Hong Kong to Ease Mortgage Rules, Cuts Liquor Tax in Growth Push

World - Yahoo News - October 16

Trump’s tariffs pose a greater risk to markets than his tax cuts

They pose a significant threat to the global economy because of how far-reaching they are, the odds of implementation and the potential for widespread retaliation.

Politics - The Hill - October 18

The Papers: 'King cuts off Andrew' and 'tax blow for care homes'

A range of stories are on the front of Saturday's papers including a new biography about the royals.

The IRS reveals your 2025 tax brackets as Trump’s tax cuts are set to expire

The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly.

Business - MarketWatch - October 22

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.

Stellantis Says Moving Quickly to Cut U.S. Inventories

Stellantis said third-quarter group shipments fell 20% on the year as the company works to reduce the number of cars stocked at U.S. dealers and as it suffered from gaps in its product line-up ...

Business - The Wall Street Journal - October 31

Ryanair warns air travel tax rises mean 10% of its UK flights could be cut

CEO Michael O’Leary says decision to raise passenger duty ‘will deliver cuts, not growth’

Business - Financial Times - 6 days ago

Here’s what can stall Trump’s tax and tariff plans

Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.

Business - MarketWatch - Yesterday

Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run

The president-elect’s plan may do more harm than good, experts said.

Business - MarketWatch - 20 hours ago

Get ready for a relatively quick extension of some 2017 tax cuts if GOP holds on to House

If Republicans end up with a sweep of the House, Senate and White House, they’re expected to focus on using a budget process known as reconciliation to address the upcoming expiration of their 2017 ...

Business - MarketWatch - 15 hours ago

Overseas UK territories are the ‘biggest enablers of corporate tax abuse,’ tax advocacy group says

British overseas territories are the world's top enablers of corporate tax abuse, according to a ranking by tax advocacy group Tax Justice Network.

Business - CNBC - October 17

UK tax rises acceptable if part of pro-business Budget, CBI says

Rupert Soames believes companies will judge October 30 measures ‘in the round’

Business - Financial Times - October 15

French Left’s Tax Hike Proposals ‘Unbearable,’ Premier Says

World - Yahoo News - October 20

Growth hit by freeze on tax thresholds, says BoE official

‘Tax-bracket creep’ has hit middle earners hardest, warns Catherine Mann ahead of a likely Budget extension

Business - Financial Times - October 24

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 changes

Business - Financial Times - October 25

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

Budget watchdog will break impartiality, claims Hunt

The former chancellor says the publication of a review which could criticise the Conservatives on Budget day would "cross a line".

Reeves’s £40bn tax rises will boost growth ‘sustainably’, says IMF

Rare intervention comes as Resolution Foundation says UK will remain ‘stagnation nation’ despite push to invest. ‘It has a political vision’: five viewpoints on budget Budget 2024: what it ...