Latest in Tax Deduction Cap
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SALT income-tax-deduction cap could double under Trump 2.0. But maybe not for the rich.
Trump economic adviser Steven Moore floats raising the cap — put in place, in the first place, in the first year of Trump’s initial White House term — from $10,000 to $20,000.MarketWatch - 12h -
Why numeric migration caps fail
Previous Tory governments kept breaking promises and eroding trust — would setting a range of targets be any better?Financial Times - 16h -
Notre Dame reopening spectacle caps a stellar year for luxury house LVMH
The reopening of Notre Dame Cathedral was a solemn celebration of cultural and spiritual renewalABC News - 2d -
Trump's tax plan is uncertain for 2025 — here are key lessons from his 2017 tax overhaul
Trillions in Trump's tax cuts will expire after 2025 without action from Congress. Here are key lessons from his 2017 tax overhaul.CNBC - 2d -
Freedom Caucus says taxes come second
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Freedom Caucus backs strategy for Trump The hardline conservative House Freedom ...The Hill - 3d -
Many Americans face tax increases in 2026 if tax cuts are not passed
Many Americans will face a tax increase in 2026 if the 2017 tax cuts are not extended, according to a new analysis by the Tax Foundation. Richard Rubin, a U.S. tax policy reporter for the Wall ...CBS News - 3d -
Middle and higher earners face increasing tax burden
Budget measures combine with legacy ones to raise tax billsFinancial Times - 3d -
One of the Oldest Corners of Wall Street Just Capped a $1 Trillion Year
Enthusiasm around bitcoin and launches from investing veterans Tom Lee, Jeremy Grantham and Rick Reider fueled an ETF boom.Inc. - 3d -
Republicans clash over 'SALT' deduction as they seek to extend Trump's tax law
Some House Republicans are demanding an increase to SALT deduction in order to support an extension of President-elect Donald Trump's tax law next year.NBC News - 4d -
Treasury expands language for IRA biogas tax credit
The Treasury Department’s rule for implementing the Inflation Reduction Act’s (IRA) renewable energy tax credits will incorporate new language that will provide greater benefits for operations that ...The Hill - 4d -
How to wash your winter beanies, baseball caps and other hats
Not all hats are machine washable. I spoke to experts about how to properly wash beanies, caps and bucket hats without damaging them.NBC News - 4d -
What’s next for banks amid noise around new overdraft-fee cap
Consumer groups applauded the move, but banks said customers could be driven toward more expensive options such as payday loans.MarketWatch - 4d -
Biden administration overdraft rule caps bank and credit union fees at $5
The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.CBS News - 4d -
Consumer Finance Watchdog Caps Overdraft Fees as Banks Object
The CFPB caps fees at $5 per overdraft notice, saying banks have turned added fees into a profit center.Inc. - 4d -
Updates, takeaways from MLB winter meetings: Red Sox trade for Garrett Crochet to cap spree of moves
From predicting who will sign where -- and when -- to the latest buzz from Dallas, here's everything you need as baseball's hot stove season heats up.ESPN - 4d -
3 ASX Penny Stocks With Market Caps Under A$80M To Consider
The Australian market recently saw the ASX200 close down 0.28% at 8,330 points, marking a three-week low amid shifting economic indicators such as a surprise drop in unemployment to 3.9%. Despite ...Yahoo Sports - 4d -
Australia to introduce ‘news tax’ on tech companies
Move is designed to close loophole after Meta walked away from existing deal to use media contentFinancial Times - 4d -
Thune expects tax package by summer: 'Failure is not an option'
Incoming Senate Majority Leader John Thune (R-S.D.) reaffirmed his objective to prioritize swift tax reform in the 119th Congress as well as legislation supporting border security and the energy ...The Hill - 5d -
Consult us on inheritance tax, farmers urge PM
Farmers driving tractors stage another protest against the Budget changes in central London.BBC News - 5d -
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Barcelona rush to clear cap space for Dani Olmo
Barcelona are working against the clock to make space within their spending cap to prolong Dani Olmo's registration with LaLiga before it expires on Dec. 31, multiple sources have told ESPN.ESPN - 5d -
Adidas' German headquarters raided in connection with tax investigation
Adidas' German headquarters was raided as authorities investigate a yearslong tax concern.CNBC - 6d -
Tax Cuts Were Top of Mind at the Tax Foundation’s Annual ‘Prom’
Republican control of Washington and a tax bill next year have corporate America excited — and on edge.The New York Times - 6d -
German union boss urges Berlin to scrap borrowing cap to safeguard economy
IG Metall chair Christiane Benner addresses thousands of VW workers striking over planned closure of several plantsFinancial Times - Dec. 9 -
Qatar energy minister: I don't 'worry much' about Trump's vow to lift LNG exports cap
"Additional LNG and additional competition is welcome," told CNBC's Dan Murphy at the Doha Forum.CNBC - Dec. 9 -
Scheffler caps big year in Bahamas with 9th win
Scottie Scheffler returned from a two-month break and nothing changed. He won the Hero World Challenge on Sunday with a 9-under 63 to tie the tournament record at Albany Golf Club and win by six ...ESPN - Dec. 9 -
American Figure Skater Caps Off Undefeated Year With a Quad Axel Jump
Since the 2022 Beijing Games, Ilia Malinin has become the new force in men’s figure skatingThe New York Times - Dec. 9 -
Trump's tariffs: A tax on American consumers
President-elect Donald Trump has promised to impose across-the-board tariffs on imported goods from some allies and adversaries, claiming that foreign nations will pay such taxes to the U.S. ...CBS News - Dec. 8 -
Face value: Wilson lifts Caps after puck to cheek
Tom Wilson took a puck in the face in the first period but returned and played hero, scoring twice in the third period to lift the Capitals to a 4-2 comeback win in Montreal.ESPN - Dec. 8 -
College football scores, results: Clemson caps off championship Saturday with last-second game-winning field goal
Championship Saturday is done. Selection Sunday awaits.Yahoo Sports - Dec. 7 -
'Special night': Celts cap season sweep of Bucks
In a game that had a playoff feel, the Celtics made enough plays down the stretch for a 111-105 victory over the Bucks that gave them a 3-0 sweep of the season series.ESPN - Dec. 7 -
PM and FM have 'helpful' talks over two-child cap
The prime minister met with John Swinney and other heads of government in Edinburgh.BBC News - Dec. 6 -
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 - Dec. 5 -
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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 -
SNP government vows to scrap two-child benefit cap
Finance Secretary Shona Robison also announced plans to change the income tax system in her Budget speech.BBC News - Dec. 4 -
Scottish government vows to scrap two-child benefit cap
SNP administration sets out record healthcare spending as it seeks to double down on policy prioritiesFinancial 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 -
Germany’s car sector layoffs could fill skill shortages in mid-cap firms, Deutsche Bank CEO says
Deutsche Bank CEO Christian Sewing said layoffs in car manufacturers including Volkswagen could help fill labor shortages in medium sized firmsMarketWatch - Dec. 4 -
Artturi Lehkonen's late goal caps Avalanche's 5-goal rally in 5-4 win over the Sabres
Artturi Lehkonen scored with 4:22 left, and the Colorado Avalanche overcame a four-goal deficit in a 5-4 win over the Buffalo SabresABC News - Dec. 3
