Latest in Says Tax Spend
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Reeves will not raise taxes in Spring Statement, say officials
Chancellor will rely on a spending squeeze to try to ensure she complies with her fiscal rulesFinancial Times - 5d -
Faisal Islam: No tax rises and no return to austerity but will it last?
The Spring Statement is "not a Budget", but the chancellor is facing major tax and spending challenges.BBC News - 18h -
Rachel Reeves: I will not 'tax and spend'
In an interview with the BBC's Laura Kuenssberg, the chancellor opened up on the public finances and how she's finding the job.BBC News - 3d -
State and local tax deduction could change amid Trump's tax cuts debate. Here's what to know.
As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say.NBC News - Mar. 13 -
GOP senator says 'tariffs is a tax' and Trump understands 'completely'
A GOP senator says President Trump's tariffs are a tax on American consumers, and Trump knows but the goal is to create open markets and long-term fairnessThe Hill - Mar. 13 -
Tax revenue collected by the IRS set to plummet, report says
IRS officials are expecting tax revenue to drop by more than 10% by April 15, the Washington Post reported.CNBC - 18h -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
Democrats says "wealthy tax dodgers" could see less IRS scrutiny amid agency layoffs. Here's what to know.CNBC - Mar. 11 -
UK mulls big tech tax changes to avoid US tariffs
Rachel Reeves says talks are "ongoing" about the Digital Services Tax, paid by giants like Amazon.BBC News - 1d -
Should I pay off my tax debt before my credit card debt? Experts weigh in
Focusing on tax debt first can be a smart move, experts say, but that won't be the case for everyone.CBS News - Mar. 12 -
Military families have special tax breaks — but the rules can be tricky, experts say
Many members of the U.S. military qualify for special tax breaks that aren't available to other Americans. Here's what to know about eligibility.CNBC - Mar. 14 -
Germany can spend almost €2tn without harming growth, economists say
FT survey finds ‘large fiscal capacity’, but economists urge would-be chancellor Friedrich Merz to spend funds wiselyFinancial Times - Mar. 10 -
‘Not quite yet beautiful’: Republicans at odds over spending cuts after meeting Trump
Senate Republicans aren’t seeing eye to eye with their colleagues in the House over places to cut spending in order to pay for their extension of the 2017 Trump tax cuts. GOP members of the Senate ...The Hill - Mar. 14 -
Call it a defence levy or even a patriot tax – but Labour is going to have to raise taxes, fast | Gaby Hinsliff
The world has shifted and defence spending has to rise. But time is running out for the government to make a case for it. Five years ago this weekend, life as we knew it was suspended overnight. ...The Guardian - Mar. 18 -
Trump says Democrats would be to blame for shutdown, suggests it could delay tax cuts
President Trump said Thursday that Democrats would be to blame if government funding runs out this week and suggested a shutdown could delay GOP efforts to extend expiring tax cuts. "They do a ...The Hill - Mar. 13 -
This retirement account is an ‘IOU to the IRS’ — but here’s when it makes sense, expert says
Your pre-tax IRA is subject to future income taxes, depending on your bracket. But it could offer planning opportunities, experts say.CNBC - Mar. 14 -
Top House Democrats press Senate colleagues to sink GOP spending bill
The top House Democrats are pressing their fellow party members in the Senate to kill the Republicans’ spending bill when it reaches the upper chamber, saying the proposal will hurt Americans ...The Hill - Mar. 11 -
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UK should not cave in to Trump’s ‘bullying’ over tech tax says Davey
Lib Dem leader warns US president is ‘an unreliable ally’Financial Times - 4d -
Some Senate Democrats split over spending bill to avert government shutdown
Senate Minority Leader Chuck Schumer said Republicans don't currently have the votes to pass the short-term spending bill. Some Democrats say they are split over whether to support the stopgap ...CBS News - Mar. 12 -
Maritime regulator says ‘fight fire with fire’ and levy China ships at US ports
Federal Maritime Commission chair says taxes on Chinese vessels docking in US should be used to create domestic championsFinancial Times - Mar. 17 -
The Republicans Pushing Trump to Save Biden’s Clean Energy Tax Credits
Despite President Trump’s rollback of climate policy, some Republicans and business leaders say clean energy can help his “energy dominance” agenda.The New York Times - Mar. 17 -
House Democrats bash Senate colleagues for backing GOP spending bill: ‘Huge slap in the face’
House Democrats are furious at their fellow Democrats in the Senate for supporting a Republican spending bill, saying Minority Leader Charles Schumer (D-N.Y.) and other aisle-hopping senators are ...The Hill - Mar. 14 -
No quick fix to stronger sales, says Asda boss
Asda plans to spend more on reducing prices and improving product ranges for customers, but says its profits will suffer.BBC News - Mar. 14 -
It’s ‘Maganomics’: Trump’s brash economic strategy is likely to end in crash or crisis | Jonathan Portes
Large tax cuts for the rich, import tariffs, and the competing interests of Republican nationalists and the techno-right is a dangerous combination. What connects Donald Trump’s approach to trade, ...The Guardian - Mar. 12 -
South Africa plans to spend more on health and defense after US cuts aid
Lawmakers in South Africa have laid out plans to shore up the budgets for health and defense but also put up value added tax by 0.5%, a move that will raise the cost of livingABC News - Mar. 12 -
Congressional Black Caucus members condemn spending bill as ‘blank check’ for Trump, Musk
Members of the Congressional Black Caucus have condemned the House-passed spending bill and vowed to vote against it when it comes up in the Senate, even as other Democrats say they’ll support ...The Hill - Mar. 14 -
The UK is cutting welfare spending to urge people to work. Critics say it will hurt the vulnerable
Britain’s Labour Party government has announced an overhaul of the welfare system it says will save the cash-strapped administration 5 billion pounds, or $6.5 billionABC News - 6d -
Schumer Says He’ll Vote for GOP Spending Bill to Avert Government Shutdown
Many Democrats had agitated for the party to hang together and block the measure in defiance of President Trump, but the leader said doing so would prompt a shutdown that would only empower Mr. Trump.The New York Times - Mar. 14 -
Germany is back, says Merz after historic spending deal
Germany's conservative leader clinches an major financial agreement ahead of a crunch vote in parliament.BBC News - Mar. 14 -
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Nvidia to spend hundreds of billions on US supply chain, says chief
Jensen Huang’s pledge follows onshoring plans by other tech companies as Trump trade policies ripple through industryFinancial Times - 5d -
The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.CNBC - Mar. 12 -
These accounts can be the 'worst possible asset’ for retirement, expert says. Here's why
Many investors don't plan for future taxes when contributing to traditional IRAs. Here are the key things to know.CNBC - Mar. 8 -
Schumer says he will vote to advance GOP spending bill, lowering threat of shutdown
Senate Democratic Leader Chuck Schumer (N.Y.) announced on the Senate floor Thursday that he plans to vote to advance a House-passed six-month government funding bill, despite the strong opposition ...The Hill - Mar. 13 -
Spain’s Sánchez calls for cyber and climate to count as defence spending
Prime Minister says ‘our threat is not Russia bringing its troops across the Pyrenees’Financial Times - Mar. 13 -
Europe’s defence spending spree risks debt crisis, warns Dutch politician
Pieter Omtzigt says EU’s €800bn military build-up could push up debt and interest ratesFinancial Times - Mar. 18 -
Accenture warns Musk’s Doge-led spending crackdown is hitting revenues
Consulting group says US government purchases have slowed and global economic uncertainty has risenFinancial Times - 4d -
Treasury Secretary Bessent says a 'detox' period for the economy does not have to be a recession
The Trump administration is aiming for a "smooth transition" as it looks for ways to cut government spending.CNBC - Mar. 13 -
Trump says he considering cutting back on Canada tariffs as stock markets bounce
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...CBS News - Mar. 11 -
Tariffs to add as much as $10,000 to the cost of the average new home, trade association says
"The tariffs act as a tax on American builders, home buyers and consumers," the National Association of Home Builders said.CNBC - Mar. 13
