Victimless Tax Rises
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Unions bash Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Labor unions have had enough of Trump’s tax cuts Top U.S. labor unions are calling for the repeal of former President Trump's ...The Hill - Politics - Donald Trump -
A New Centrism Is Rising in Washington
Call it neopopulism: a bipartisan attitude that mistrusts the free-market ethos instead of embracing it.The New York Times - Top stories -
The Rise of a New Centrism
In Washington, despite polarization, bipartisanship has somehow become normal.The New York Times - Top stories -
Hunt hints at another National Insurance tax cut
Jeremy Hunt promises further tax cuts, as he launches an attack on Labour's plans ahead of an election.BBC News - Top stories -
You Made a Mistake in Your Taxes. Now What?
The rules around amending a return can get complicated. Here’s what you need to know.The Wall Street Journal - World -
Hunter Biden attorneys ask for delay in tax case
Hunter Biden’s attorneys have asked the judge overseeing his tax case in California to delay the trial, which is set for June, until September or later. Earlier this week, Biden lost his attempt to delay his federal gun trial in Delaware, with the ...The Hill - Politics - Joe Biden -
Chicago Won't Tax Its Way Out of This Mess
Chicagoans consistently rank taxes neck and neck with public safety as their top concern.The Wall Street Journal - World -
We are a step closer to taxing the super-rich
What once seemed like an impossibility is now being considered by G20 finance ministersFinancial Times - Business -
Mexico eyes tax squeeze on banks to raise revenue
New government will need to plug hole in public financesFinancial Times - World - Mexico -
A Global Tax on Billionaires? Janet Yellen Says 'No'
The Treasury secretary came out against the proposed global levy, which proponents say would stop the rich from shifting wealth into countries where they can avoid paying the tax.The Wall Street Journal - World -
California is imposing a new tax on guns. Will it impact sales?
Beginning July, state will become the first to charge an 11% excise tax, on top of federal and sales taxes, with an aim to reduce gun violence. Starting in July 2024, California will be the first state to charge an excise tax on guns and ...The Guardian - World - California -
Labor unions call for repeal of Trump tax cuts
Top U.S. labor unions are saying they’ve had enough of the Trump tax cuts and want them repealed. Unions including the United Auto Workers (UAW), the AFL-CIO, the Service Employees International Union (SEIU), the Screen Actors Guild (SAG-AFTRA), ...The Hill - Politics - Donald Trump -
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The WSJ Dollar Index Rises 0.2%
The WSJ Dollar Index was up 0.2% to 99.16 — snapping a three-trading-day losing streak.The Wall Street Journal - World -
Food price rises 'returning to normal'
Grocery price inflation falls to its lowest since October 2021 but shoppers are still buying own-brand goods.BBC News - Top stories -
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US green energy push expected to generate $47bn market in tax credits
Oil companies, banks, private equity and others partner with renewables developers to offset liabilitiesFinancial Times - World -
Here are some options to reduce taxes on your savings interest this year
Here's how to reduce income taxes on your savings interest amid rate uncertainty from the Federal Reserve.CNBC - Business -
Hunt to claim only Tories will cut UK tax burden after the election
Chancellor to attack Labour in keynote speech after canvassing tech bosses’ views on growth measuresFinancial Times - Business - United Kingdom -
Private Equity Warms Up to Clean-Energy Tax Credits
Private-equity firms are beginning to tap a nascent market for clean-energy tax credits, betting on a boost to returns from helping project developers get better terms for the tradable credits.The Wall Street Journal - World -
Hunt signals pre-election tax cut as Tories move on to campaign footing
UK chancellor accuses Labour of ‘a lie’ and funding ‘black hole’ in political speechFinancial Times - Business -
Voters want to tax outrageous CEO pay. Are lawmakers listening?
A new poll reinforces my informal findings: Americans across the political spectrum are fed up with overpaid CEOs — and want something done about it.The Hill - Politics -
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Youngkin Vetoes Measures to Remove Tax Breaks for Confederate Heritage Group
The Virginia governor rejected efforts by the state’s Democrats to reshape the Commonwealth’s relationship with its Confederate past.The New York Times - Top stories -
Virginia governor allows Confederate groups to keep tax exemptions
Republican Glenn Youngkin also vetoed bills related to maintaining access to contraception, saying they were ‘not ready’. Virginia governor Glenn Youngkin has vetoed two bills that would have stripped tax exemptions for the United Daughters of the ...The Guardian - World -
Biden's proposed tax hike would crush workers and the economy
Biden is eager for more hard-earned money from U.S. taxpayers, and he is willing to drive businesses overseas again by raising corporate tax rates.The Hill - Politics - Joe Biden -
Americans must pay higher taxes if they want to keep a high standard of living
Financial challenges face the next U.S. president — but one candidate’s remedies would be a ‘train wreck.’MarketWatch - Business -
This financial adviser breaks down taxes and estate planning into 3 simple charts
These images can help you wrap your head around how to manage your money.MarketWatch - Business -
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Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business -
Comex Gold Settles Lower, Silver Rises
Gold settled 0.4% lower, snapping a two-session winning streak, and silver rose 0.5%, up for a third consecutive session.The Wall Street Journal - World -
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Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
Dow rises above 40,000 for first time in history
For the first time ever on Thursday, the Dow Jones average rose about 40,000, providing new optimism about the economy. CBS News business analyst Jill Schlesinger breaks down what it means.CBS News - Top stories -
Confirmed cases from parasite outbreak rises to 46
Forty-six cases of a diarrhoea-type illness confirmed in Devon as company says it's located the source of entry for parasites.BBC News - Top stories -
Sunaks' wealth rises to £651m in latest rich list
Rishi Sunak and his wife Akshata Murty are richer than King Charles, according to The Sunday Times.BBC News - Top stories -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - Business -
3 moves to avoid as gold's price rises
Considering buying gold at today's high price? Then you'll want to avoid making these three moves.CBS News - Top stories -
As American global hegemony ends, multi-alignment rises
Unlike the rigid alliances of the Cold War, multi-alignment involves a strategic flexibility that empowers nations to navigate the complexities of a multipolar world.The Hill - Politics -
Oil Prices Rise But Stay Stuck in Narrow Range
Oil futures edged higher with the market awaiting OPEC’s next move, with three possible scenarios for the June 1 meeting—extend, unwind or completely remove the voluntary cuts of 2.2 million barrels a day.The Wall Street Journal - World