Trumps Tax Proposals Face A Fiscal Reckoning

Trump Agenda Faces a Fiscal Reckoning

Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas.

Business - The New York Times - 5 hours ago

All of Kamala Harris’s and Donald Trump’s proposed tax breaks — in two charts

Democratic presidential nominee Kamala Harris and Republican rival Donald Trump have floated many tax plans as they compete for votes in the tight White House race.

Business - MarketWatch - October 16

Trump tariffs: These states would be hit hardest by proposed import taxes

Donald Trump’s most controversial economic-policy proposal is to institute a 10% tariff on all products and materials imported from abroad, a move that would upend decades of U.S. trade policy and ...

Business - MarketWatch - October 18

Trump proposes eliminating the income tax. Here's what experts think.

Experts cast doubt on whether the lost revenue could be replaced with tariffs.

Here's who would benefit from Trump's proposed tax break on car loan interest

A tax deduction on car-loan interest proposed by former president Donald Trump would likely benefit wealthier taxpayers who buy expensive cars, experts said.

Business - CNBC - October 14

UK’s rising fiscal burden narrows tax gap with Europe

Britain’s fiscal picture is closer to EU averages than it has been for decades

Business - Financial Times - October 30

Here’s what can stall Trump’s tax and tariff plans

Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.

Business - MarketWatch - Yesterday

Swiss Government Proposes Sales Tax Rise to Finance Pensions

World - Yahoo News - October 16

French Left’s Tax Hike Proposals ‘Unbearable,’ Premier Says

World - Yahoo News - October 20

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

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 voters

World - Financial Times - October 29

McDonald's faces proposed class action lawsuit over E. coli outbreak

A proposed class action lawsuit against McDonald’s is the latest litigation over the E. coli outbreak linked to the fast-food chain’s Quarter Pounders.

How Trump, Harris propose cutting healthcare costs

The economy and healthcare are two of the top concerns for voters in this election cycle, and both tickets have promised to lower healthcare costs. When she introduced her economic agenda earlier ...

Politics - The Hill - October 25

Trump says there's no 'price tag' on his deportation proposal

President-elect Trump said in an interview with NBC News on Thursday that "there is no price tag" when it comes to his mass deportation plan. Throughout the campaign cycle, Trump touted a "Day 1 ...

Politics - The Hill - 29 minutes ago

Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All

The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.

Business - The New York Times - October 24

Let Me Ask a Question We Never Had to Ask Before

Election Day is only the beginning.

Top stories - The New York Times - October 31

Trump’s proposal for mass deportation of immigrants is a moral abomination | Moira Donegan

This would be a horrific program of ethnic cleansing – yet most of the media reaction has focused on the economic costs. If you didn’t know any better, you might think, from recent media coverage, ...

World - The Guardian - October 23

Advisers Propose That Trump Give Security Clearances Without F.B.I. Vetting

A memo circulating in Donald Trump’s orbit says that if elected he should use private firms to check appointees’ backgrounds and give them immediate access to classified secrets after taking office.

Top stories - The New York Times - October 28

Trump advisers propose bypassing FBI background checks for appointees

Memo prepared by ex-president’s team urges him to grant security clearances without government vetting if elected. US politics live – latest updates Donald Trump ’s aides have floated the ...

World - The Guardian - October 28

Trump indicates he is open to RFK Jr’s proposal to ban vaccines if elected

RFK Jr, an anti-vaccine conspiracy theorist, says Trump promised him control over public health policy if he wins. US elections 2024 – live updates Donald Trump has suggested vaccines could ...

World - The Guardian - 3 days ago

Trump's proposed tariffs could raise prices for consumers and slow spending

President-elect Donald Trump has proposed stiff tariffs on imported goods, which could lead to higher prices and softer spending.

Business - CNBC - Yesterday

Treasury market under Trump at risk from inflation, not larger fiscal deficit, says analyst

The danger to the Treasury market from a second Donald Trump presidency comes not from a sharp increase in bond issuance but revived price pressures

Business - MarketWatch - October 25

Here's how Harris and Trump's tax plans would impact your taxes

Harris and Trump both have proposed historically large tax overhauls. Here's what to know.

5 things to know about Harris and Trump on taxes

Tax policy is set to take center stage after the election, as major portions of the tax code are due to expire by the end of 2025. Key portions of former President Trump's Tax Cuts and Jobs Act — ...

Politics - The Hill - October 15

Trump Keeps Promising New Tax Cuts. Other Republicans Are Wary.

Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.

Business - The New York Times - October 17

Europe’s fiscal tug of war

Pressure to display fiscal discipline is no less high than pressure to spend more on security and economic innovation

World - Financial Times - October 26

Harris proposes 1 million forgivable loans to Black entrepreneurs, as Trump makes inroads

Vice President Kamala Harris unveiled an "Opportunity Agenda" plan for Black men, which includes providing forgivable loans to entrepreneurs.

Business - CNBC - October 14

Judge who tossed Trump's classified docs case on list of proposed candidates for AG

A document circulated within Donald Trump's transition operation lists Judge Aileen Cannon, who tossed his classified docs case, as a possible AG candidate, sources say.

Donald Trump has sweeping plans for a second administration. Here's what he's proposed

Donald Trump has promised sweeping action in a second administration

Health - ABC News - Yesterday

Britain faces warnings of a tech exodus over tax plans ahead of high-stakes budget

Technology bosses and investors warn the U.K. could face an exodus of entrepreneurs if the government hikes capital gains tax — a levy on investment profits.

Business - CNBC - October 21

The next U.S. president could face a tax battle in 2025 — here's what it means for investors

The next U.S. president could face a tax battle in 2025 over expiring tax breaks enacted by former President Donald Trump. Here's what it means for investors.

Business - CNBC - 2 days ago

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

America’s reckoning: will gender decide the US election?

Deep divisions in the electorate have been exposed in a tumultuous race for the White House

World - Financial Times - 2 days ago

£500mn and counting: companies reckon with UK Budget costs

Sainsbury’s, BT and Wetherspoons among those warning that changes may force price rises for customers

World - Financial Times - 3 hours ago

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

Trumps Tax Proposals Face A Fiscal Reckoning

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