Latest in Tax Cuts
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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 -
California Governor Proposes $750 Million in Annual Film Tax Credits
Gov. Gavin Newsom wants to more than double the amount the state offers in incentives, which would make its program one of the nation’s most generous.Business - The New York Times - October 27 -
France and Germany attack UK plan to levy VAT on international school fees
Proposal to impose value added tax in the Budget risks damaging diplomatic ties, ambassadors sayBusiness - Financial Times - 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".Top stories - BBC News - October 28 -
Rachel Reeves’ tax-raising Budget will affect you for years
The bean counters are back in control with a chancellor who wants to change the rules without rocking the boat.Top stories - BBC News - October 28 -
Starmer does not rule out further tax rises after Budget
UK prime minister says government plan to borrow more for investment will not push up interest ratesBusiness - Financial Times - October 28 -
Trump, Harris tax-break costs soar to more than $12 trillion
Vice President Kamala Harris and former President Donald Trump have been proposing a slew of new tax cuts and credits over the course of their campaigns, and are even adding to the list in the ...Business - MarketWatch - October 29 -
Kamala Harris's corporate tax hike would hurt innovation, American workers
While Americans struggle to afford basic necessities, Vice President Kamala Harris continues to campaign on the same economic policies that caused inflation to skyrocket. In a speech on her ...Politics - The Hill - October 28 -
Louisiana governor calls a special session to address taxes and the courts
Louisiana legislators will meet for a special session beginning Nov. 6 to consider Republican Gov. Jeff Landry’s ambitious attempt to overhaul the state’s tax structureTop stories - ABC News - October 28 -
There's still time to reduce your 2024 tax bill with these strategies
There’s still time to lower your taxes or boost your refund for 2024, financial experts say. Here are some strategies to consider before year-end.Business - CNBC - October 28 -
Trump proposes eliminating the income tax. Here's what experts think.
Experts cast doubt on whether the lost revenue could be replaced with tariffs.Top stories - ABC News - October 28 -
Will Newsom's expanded tax credit program save California's film industry?
Gov. Gavin Newsom unveiled plans over the weekend to raise the cap on California's film and TV tax credit program. Will it save Hollywood from ruin?Entertainment - Los Angeles Times - October 28 -
The Papers: Labour targets waiting lists but tax rises 'won't cure NHS'
The measures expected in Wednesday's Budget, particularly those focused on the NHS, lead the papers.Top stories - BBC News - October 29 -
Lib Dems lean to the right on tax proposals ahead of Budget
Party opposes expected government moves on stamp duty and private schools that would hit many of its wealthier votersWorld - Financial Times - October 29 -
Taxes will go up no matter who becomes president. The question is, how much?
Putting campaign promises aside, the realistic prospect is for hard choices and initiatives that are limited in scope.Politics - The Hill - October 29 -
Where do Trump and Harris stand on housing, taxes and other policies?
Polls show US voters unhappy about the economy, their top election concern. How would the presidential candidates address economic issues such as cost of living and labor?. The economy looms ...World - The Guardian - October 29 -
Billions in taxes hang in balance for US companies as election nears
Research shows Trump’s tax cuts led to expanded corporate investment — and a spike in share buybacksWorld - Financial Times - October 30 -
UK’s rising fiscal burden narrows tax gap with Europe
Britain’s fiscal picture is closer to EU averages than it has been for decadesBusiness - Financial Times - October 30 -
Reeves to promise ‘wealth and opportunity for all’ in major tax-raising budget
Having announced minimum wage boost, chancellor to say she can spare working people from tax rises. Autumn budget live: latest news updates The UK’s national minimum wage is to rise by a ...World - The Guardian - October 29 -
Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK
British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...World - ABC News - October 30