Latest in Stronger Trump’s Tax
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No need for 'large' council tax hikes - Robison
The finance secretary says a record funding deal should prevent an increase - but the decision will rest with local authorities.BBC News - 6d -
Ending Trump’s 2017 Tax Cuts Won’t Effect GDP, Budget Office Finds
Key provisions of the returning president’s 2017 Tax Cuts and Jobs Act will expire next year if Republicans don’t renew them.Inc. - 6d -
EV tax credit is 'catastrophically stupid,' says incoming Ohio Senator and 'car czar' Bernie Moreno
Ohio Senator-elect Bernie Moreno said the $7,500 EV tax credit should be eliminated and instead let the automakers and consumers decide what cars to buy.CNBC - 6d -
Trump’s Cabinet Will Be an Embarrassment of Wretches
The onslaught of awful makes bad look good.The New York Times - 6d -
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Number of people caught in 60% ‘tax trap’ up 45% in two years
Rise for taxpayers earning more than £100,000 blamed on frozen thresholds and wage inflationFinancial Times - 6d -
Trump’s populist 'mandate' could disrupt business tax reform wish list
Congress, and the GOP, has changed since then-President Trump and Republicans crafted the 2017 Tax Cuts and Jobs Act. And while Speaker Mike Johnson (R-La.) and GOP leadership are gunning to get a ...The Hill - Dec. 5 -
Top Republicans collide on strategy for Trump tax agenda
House and Senate Republicans are clashing over how to advance President-elect Trump's tax agenda after incoming Senate Majority Leader John Thune (R-S.D.) offered a plan that would put off tax ...The Hill - Dec. 5 -
How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes
The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.The New York Times - Dec. 5 -
On Trump tax cuts, energy and immigration plans, clash emerges between House, Senate GOP leaders
Jason Smith, Chair of House Ways and Means, tells CNBC that his voting majority will be extremely slim for passing President-elect Trump's tax cut promises.CNBC - Dec. 5 -
Ireland urged to set aside more of its corporate tax windfall
Country’s independent fiscal watchdog calls for Norwegian-style approach to saving surplus cashFinancial Times - Dec. 5 -
What happens if Trump ends the electric vehicle tax credit?
President-elect Donald Trump has signaled he wants to end the $7,500 tax credit for electric vehicle buyers. Albert Gore III, executive director of the Zero Emission Transportation Association, ...CBS News - Dec. 4 -
Trump names Kelly Loeffler for SBA
President-elect Trump announced plans to nominate former Sen. Kelly Loeffler (R-Ga.) to serve as administrator of the Small Business Administration (SBA). “Small Businesses are the backbone of our ...The Hill - Dec. 4 -
Trump's SEC pick
Presented by LGBT Tech — {beacon} Technology Technology PRESENTED BY The Big Story Trump gives more good news for crypto industry President-elect Trump nominated former Securities and Exchange ...The Hill - Dec. 4 -
My friend declared bankruptcy. Can creditors still go after him for child support, back taxes and student debt?
“Most of those old debts are credit-card debts.”MarketWatch - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
You could score a tax break by gifting crypto to charity — but there may be some pitfalls
There's been a surge of crypto donations to charity. Here's what to know before transferring digital currency.CNBC - Dec. 4 -
Judge in Hunter Biden tax case calls president's pardon statement an attempt to 'rewrite history'
The judge who presided over the California tax fraud case against Hunter Biden called out the president for mischaracterizing and minimizing the charges against his son in announcing why he was ...NBC News - Dec. 4 -
What Will Trump Do for ‘Vice Voters’?
Moderation on pot and other vices appears to have been part of a calculated effort to turn out young men for the G.O.P. — but it may come with consequences.The New York Times - Dec. 4 -
Deutsche Bank chief calls for relief on regulation and ‘rethink’ on tax
Call comes amid discontent with Germany’s ruling coalition ahead of snap election in FebruaryFinancial Times - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
Will my loved ones have to pay tax on my pension when I die?
I’m worried about the new rules that mean my pension is subject to inheritance taxFinancial Times - Dec. 4 -
Judge in Hunter Biden's tax case accepts pardon despite calling it 'unconstitutional'
Two days after President Biden issued a blanket pardon to his son Hunter Biden, the younger Biden's federal gun case has been terminated by the judge overseeing the case.ABC News - Dec. 3 -
Judge in Hunter Biden tax case rebukes president’s claims of unfair treatment
The federal judge overseeing Hunter Biden’s tax case issued a sharp rebuke of President Biden’s claims his son was unfairly prosecuted in new court filings Tuesday night. U.S. District Judge Mark ...The Hill - Dec. 4 -
Trump picks No. 2 at Pentagon
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Trump selects deputy defense secretary after long wait Here's what ...The Hill - Dec. 3 -
Who will perform at Donald Trump’s inauguration?
Donald Trump is due to be sworn in as the 47th president of the United States at his inauguration on Jan 20, 2025.Yahoo Sports - Dec. 3 -
Thune lays out plan for separate border and tax reconciliation bills
Incoming Senate Majority Leader John Thune (R-S.D.) laid out an ambitious plan at the Senate Republican retreat Tuesday for Congress to move first next year on a budget reconciliation package that ...The Hill - Dec. 3 -
Hospital group launches ad campaign for disaster relief tax credits
A major hospital trade group launched a six-figure ad campaign this week calling on Congress to extend disaster relief tax credits that the group says will help facilities recover from hurricanes ...The Hill - Dec. 3 -
Mega Millions jackpot hits $541M: What's the tax bill?
Someone could become a millionaire Tuesday night.The Hill - Dec. 3 -
7 tips from a tax influencer as she approaches retirement at 70
Phyllis Jo Kubey is still on a continuing education journey as retirement loomsMarketWatch - Dec. 3 -
The case for Honeywell breaking itself up gets even stronger after its Bombardier deal
Jim Cramer said Tuesday that Honeywell's partnership with Bombardier is "Exhibit A" for why Elliott's breakup push is correct.CNBC - Dec. 3 -
Europe lacks a monetary response to Trump
Uncertain inflationary effects leave the ECB hoping for the bestFinancial Times - Dec. 3 -
The new weapons and neuroscience of Trump’s success
Social media and AI are particularly well-suited to inciting emotion, especially if they use distortions and lies, and have thus radically transformed American politics.The Hill - Dec. 3 -
George Osborne is a walking ad for a wealth tax. Labour should target the inheritocracy | Polly Toynbee
‘Tax wealth, not work’ would be a powerful message for Starmer and Reeves – are they bold enough to pursue it?. Now he’s retired from casting millions of people into poverty, George Osborne has ...The Guardian - Dec. 3 -
Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts
One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to ...MarketWatch - Dec. 3 -
Trump's surprising Labor pick
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump Labor pick stirs business concerns Rep. Lori Chavez-DeRemer (R-Ore.), ...The Hill - Dec. 2 -
Special counsel objects to dismissing Hunter Biden tax case after pardon
Special counsel David Weiss rejected suggestions that he selectively prosecuted Hunter Biden in court filings where he also objected to dismissing charges following a sweeping pardon. President ...The Hill - Dec. 2 -