Waiting for a large new tax cut? GLWT

Behold, the messy sausage-making of US budgets

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Don't wait to file your taxes this season, experts say. Here's why

Nearly one-third of Americans procrastinate filing their taxes. But here's why you shouldn't wait this season, experts say.
CNBC - Feb. 21
Businesses Are Betting on a Tax Cut Extension

The federal budget debate has big implications for the economy. Despite questions about the math, investors expect an extension of the 2017 tax cuts.
The New York Times - Feb. 22
The Next Phase of Trump’s Large-Scale Work Force Cuts Is Underway

Workers at a handful of agencies have begun receiving notifications that they are part of the “reduction in force” directed by the president, after a wave of firings that targeted probationary ...
The New York Times - 6d
Virgin Galactic’s new spacecraft looms large as company eyes future profitability

Virgin Galactic Holdings Inc. says it is making progress building its new Delta-class spacecraft, which it says will help unlock the company’s future profitability.
MarketWatch - 4d
Companies are unprepared for new tax trade-off in 2025

As the Tax Cuts and Jobs Act is set to expire later this year, companies are preparing for potential trade wars and tariffs, and the White House is weighing a strategy that could include a tariff ...
The Hill - Feb. 24
Will the expected IRS cuts delay my 2025 tax refund?

Tax accountants urge Americans to file early this year to avoid delays in getting your 2025 tax refund.
CBS News - Feb. 21
President Trump should combine extending tax cuts with fixing Social Security

It would be good fiscal policy and probably good politics
MarketWatch - Feb. 23
Europe must cut electricity taxes, warn Iberdrola and EDP bosses

Energy company chiefs say EU must ‘urgently’ remove various taxes and simplify bills
Financial Times - Feb. 25
US House passes budget resolution to cut taxes and spending by trillions

Bill would lead to large increase in America’s deficit, independent analysts say
Financial Times - 6d

More in World

Live Updates: Trudeau, Reacting to U.S. Tariffs, Pledges to ‘Relentlessly Fight’ to Protect Canada’s Economy

Global markets fell after stiff U.S. tariffs went into effect at midnight, and China and Canada immediately imposed retaliatory measures. Mexico said it would announce its response on Sunday.
The New York Times - 10m
Club Brugge v Aston Villa: Champions League last 16, first leg – live

Champions League news from the 5.45pm GMT kick-off Live scores | Read today’s Football Daily | And email Will Unai Emery: “We know their potential and we know we have to be strong, ...
The Guardian - 18m
Trudeau calls Trump tariffs on Canada ‘a very dumb thing to do’ – live

Trudeau also says that he doesn’t believe Trump’s insistence that tariffs were imposed in retaliation for Canada’s failure to combat fentanyl trafficking. US consumers warned to brace for higher ...
The Guardian - 19m
Zelenskyy says he is ‘ready to work under Trump’s strong leadership’ to negotiate Ukraine peace deal – Europe live

Ukrainian president says his country is ready to sign minerals and security agreement while admitting issues over White House meeting. New EU plans to strengthen Europe’s defence industry and ...
The Guardian - 28m
Egypt proposes $53bn Gaza rebuild as alternative to Trump plan

Government presents document at Arab League summit outlining its postwar strategy for Palestinian territory . Egypt has proposed a $53bn (£42bn) plan to rebuild Gaza, in a rushed attempt to present ...
The Guardian - 29m