Trump tax bill will cost poorest Americans $1,600 per year...
The official congressional scorekeeper predicts most of the bill’s benefits will go to the wealthy. Source link
Tag: tax
104 results found
Seven reality checks on Britain’s sunshine spending review – POLITICO
Departments also need to find “efficiency gains” averaging 4 percent by 2028/29, a total of £13.8 billion per year. HM Revenue and Customs plans to save 13.1 percent of its...
Senate Republicans Want to Trim Some of Trump’s Populist Tax...
Even before the House passed the sweeping bill carrying President Trump’s domestic policy agenda, Senate Republicans made it clear that they hoped to make major changes to the legislation before...
Brexit pushes Gibraltar into EU customs union and Schengen area...
Gibraltar’s government has sought such a deal for years — complaining that border crossings have become more onerous since Brexit, to the detriment of people living and working in the...
I transferred company stock out of an old 401(k). Now...
Net unrealized appreciation is a thorny tax issue. Source link
Rachel Reeves favors health as she unveils UK spending priorities...
“I made the choices necessary to fix the foundations of our economy,” Reeves said, after national insurance contributions were increased for employers earlier this year. Reeves, whose ruling Labour Party is...
Musk admits he went ‘too far’ attacking Trump – POLITICO
Musk took to social media to criticize Trump’s “big, beautiful bill” — the legislation now in the Senate that incorporates his presidential agenda, from tax cuts to immigration enforcement —...
Now is the time to rebuild the global economic system ...
The EU could also build up some goodwill in the negotiations by endorsing the terms of reference — the mandate — of the ongoing UN tax convention negotiations. Spearheaded by...
Can Starmer’s Cabinet get behind his plan? – POLITICO
“I do think that Rachel has suddenly realized that she’s wildly unpopular in the PLP,” said the same second MP quoted above, who argued her “iron chancellor” image means restive...
Energy tax credits give Americans good jobs and independence from...
Congress must continue energy investment and production tax credits — or America’s power grid will be made in China. Source link
Inside Westminster’s Musk-inspired DOGE wars – POLITICO
As Reform UK sends its Elon Musk-style Department of Government Efficiency (DOGE) team into its new councils to assess “wasteful spending”, host Patrick Baker takes a trip to Durham to...
Nigel Farage surges with Gen Z women – POLITICO
Farage has 1.2 million followers on TikTok. Prime Minister Keir Starmer and Tory Leader Kemi Badenoch aren’t even on it. “We look at Labour and Conservatives, and in my opinion,...
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