Latest in Spending Corporate Tax
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UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial Times - 6d -
‘We need to be in the room’: DOGE Caucus Democrat works with GOP to slash spending
Rep. Val Hoyle (D-Ore.), a member of the new House caucus partnering with President-elect Trump’s announced Department of Government Efficiency, joins Meet the Press NOW to discuss the bipartisan ...NBC News - 6d -
Tax refund delays still plague millions of Americans, report says
Millions of taxpayers continue to struggle with delays in refunds from the IRS, a new tax advocate report says.CBS News - 6d -
British track and field body charged with corporate manslaughter over Paralympic athlete's death
The governing body for track and field in Britain and a sports official have been charged with manslaughter over the death of a Paralympic athlete who was hit on the head by a metal pole during ...ABC News - Jan. 8 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
Heads say they face tough choices on school spending as costs rise
A new report says schools in England may have to make cuts to meet pupils' needs and cover pay rises.BBC News - Jan. 8 -
'I can't spend another five years in my caravan'
A Doncaster mum suffers her second major flood in five years.BBC News - Jan. 7 -
Israel Needs to Go on the Offensive, Boost Military Spending, Commission Urges
More military spending is needed to orient Israel’s military toward an attack posture, an Israeli government commission warned.The Wall Street Journal - Jan. 7 -
Sources: A's keep spending with Rooker extension
Designated hitter Brent Rooker and the Athletics are in agreement on a five-year, $60 million contract extension, sources told ESPN, continuing a winter of uncharacteristic spending with a ...ESPN - Jan. 7 -
Biden expands wind and solar tax credit to nuclear, hydropower, geothermal energy
The Biden administration on Tuesday finalized a guidance that expands a tax credit that has historically applied only to wind and solar power to a range of other energy technologies. Under a new ...The Hill - Jan. 7 -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - Jan. 7 -
How soon can you file your 2024 income-tax return? Here’s your 2025 tax-season road map.
Tax season is just around the corner and it’s never too early to get startedMarketWatch - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
How Nato will hold European capitals to higher defence spending promises
Also in this newsletter: The countries breaking EU law by ignoring green deadlinesFinancial Times - Jan. 7 -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - Jan. 7 -
NDSU’s Dominance in FCS Football Doesn’t Extend to Bison Spending
North Dakota State’s football team isn’t among the highest spenders in FCS—far from it in fact. But the school’s dominant 15-year run continued on the field Monday night, as the Bison upset ...Yahoo Sports - Jan. 7 -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - Jan. 5 -
Some Baseball Teams Won’t Spend Money, and It’s a Problem
Six clubs, including two that made the playoffs last season, have yet to invest in a free agent.The New York Times - Jan. 6 -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - Jan. 5 -
Steep costs of Irish reunification deter Dublin despite tax windfall
Ending division between north and south could lead to €20bn bill every year for two decadesFinancial Times - Jan. 5 -
Vikings spend nearly $2 million on tickets at Detroit's Ford Field for Week 18 clash vs. Lions
The Vikings purchased the seats on the secondary market and offered them to season ticket-holders.Yahoo Sports - Jan. 4 -
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.CNBC - Jan. 4 -
Europe readies for scattergun defence-spend bonanza
Sickly economies and budgetary pressures likely to hit proposals and any increase will be thinly spreadFinancial Times - Jan. 4 -
DraftKings tests a subscription service as it looks to offset high New York taxes
DraftKings is testing the subscription service in New York, which is tied for the highest tax rate on sports wagering in the country.CNBC - Jan. 3 -
Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months
Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.NBC News - Jan. 3 -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - Jan. 3 -
Bacon knocks Musk over spending bill claims: 'What he said was not true'
Rep. Don Bacon (R-Neb.) criticized Elon Musk on Thursday over false claims he levied against a proposed year-end funding package last month, successfully torpedoing the bill and forcing Congress to ...The Hill - Jan. 3 -
America needs a real challenger to corporate greed, not conspiracy-riddled RFK Jr.
We need more policy leaders who are genuinely committed to challenging corporate power without harmful quackery.The Hill - Jan. 3 -
Helping boomers spend their retirement funds is harder than it sounds
Worries about running out of money makes people frugal and wary of taking any big pension decisionsFinancial Times - Jan. 3 -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - Jan. 3 -
UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - Jan. 3 -
DOJ Takes the Dizzying Corporate Transparency Act Saga to the Supreme Court
The anti-money laundering law has been volleyed back and forth at the appeals level. Should businesses comply with its reporting requirements anyway?Inc. - Jan. 2 -
Ron Johnson: Reducing 'out of control' government spending is not only 'reasonable but doable'
Sen. Ron Johnson (R-Wis.) doubled down on a conservative plan to reduce government spending with new proposals outlined in an op-ed published by The Wall Street Journal. “Federal spending is out of ...The Hill - Jan. 2 -
Here's what to know about Medicare's new spending cap
This year, a new spending cap on medication goes into effect for the first time for people on Medicare. CBS News medical contributor Dr. Celine Gounder explains its impact.CBS News - Jan. 2 -
Neil Young shuns Glastonbury over 'corporate control'
The rock star says the festival, which is partnered with the BBC, is "now under corporate control".BBC News - Jan. 2 -
Neil Young pulls out of Glastonbury 2025, claiming festival is ‘under corporate control’ of BBC
The 79-year-old musician says the music festival is ‘not the way I remember it being’ after BBC ‘wanted us to do a lot of things in a way we were not interested in’. Neil Young has announced that ...The Guardian - Jan. 1 -
Here are 9 states cutting their individual income taxes on Jan. 1
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.CBS News - Jan. 1