Latest in Tax Borrowing Spending
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Meta Earnings Show Revenue Increase, Even as Spending Spree Continues
The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.Business - The New York Times - 4 hours ago -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - 3 hours ago -
Even Mark Zuckerberg seems surprised by Meta's pace of spending on AI
Meta CEO Mark Zuckerberg explained on the earnings call how the speed of Meta's AI technology buildout led the company to lift guidance for capex.Business - CNBC - 1 hour ago -
Expert on how much is too much in presidential campaign spending
Vice President Harris leads in fundraising, topping a billion dollars, while many Americans support limits on campaign spending. Daniel Weiner, director of elections and government at the Brennan ...Politics - CBS News - 11 hours ago -
Here's what to do if you still can't pay taxes on the Oct. 15 tax extension deadline
The tax extension deadline is Oct. 15, but some disaster victims have more time to file. Here's what to know if you still can't pay your balance.Business - CNBC - October 15 -
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 -
North Dakota voters could end property taxes — and pour ‘gas on the spark’ of a growing tax revolt
North Dakota voters will decide next month on Measure 4, which would repeal property taxes and bar counties, towns and other local governments from levying them.Business - MarketWatch - October 21 -
Trump tax plans could exempt 93 million Americans from income taxes
Even if Donald Trump wins the November election against Vice President Kamala Harris, his tax overhaul will require a friendly House of Representatives.Business - CNBC - October 21 -
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 -
How new tax changes for 2025 could affect federal tax liabilities for families
The IRS has announced new changes affecting the earned income tax credit, child tax credit, adoption credit and annual gift tax exclusion for 2025.Business - CNBC - October 22 -
UK bookmakers don’t want to (and probably won’t have to) pay more tax
Won’t somebody please think of Queen Camilla?Business - Financial Times - October 14 -
Trump and Harris Both Like a Child Tax Credit but With Different Aims
Kamala Harris’s campaign is pushing a version of the credit intended to fight child poverty, while Donald J. Trump sees the program primarily as a tax cut for people higher up the income scale.Business - The New York Times - October 15