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The Latest Breaking News from Tax Cuts

GOP Plans Ambitious 100-Day Agenda With Tax Cuts

Republicans plan to renew trillion in expiring tax cuts, focusing on benefits for higher-income households and proposing spending cuts on programs like ...

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How Have Markets Reacted To Past US Tariff Hikes? Insights As Trump's Trade Threats Spurs Global Jitters

History shows that higher tariffs have been painful for the stock markets to digest, but President-elect Donald Trump's stand on increasing the tariffs seems undeterred, while some analysts call it a negotiating tool, others think that combining it with tax cuts could be good for the economy.

Benzinga

Trump And Musk Take Surprise Turn In Mission To Slash Government Spending

The switch to a more austere approach is contrary to Trump's first term when his tax cuts inflated the budget

International Business Times

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Could Millions of Taxpayers Be Facing the AMT (Alternative Minimum Tax) in 2025?

Millions of taxpayers could owe the AMT if Congress allows the tax breaks de-fanged in the 2017 Tax Cuts and Jobs Act to expire.

Kiplinger

EXCLUSIVE: Small Caps Hit Records As Expert Says Russell 2000 'Still Very Discounted' Compared To S&P 500

Small cap stocks poised for growth in 2025, driven by recovering earnings, tax cuts, and valuations, according to investment analyst Brian Manby. Regional banks also expected to benefit. Small caps remain undervalued compared to large caps.

Benzinga

Trump's First Year and Your Retirement: 8 Changes to Your 401(k) and Nest Egg

From investment returns to Social Security, Trump's first year has changed your retirement. Here's what to expect in 2026.

Kiplinger

Scott Bessent: Trump's Treasury Pick With Diverse Background

Scott Bessent, Trump's treasury secretary pick, advocates for deficit reduction, tax cuts, and tariffs as sanctions.

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Louisiana Legislature Passes Tax Cuts And Sales Tax Increase

Louisiana legislature approved tax cuts to attract businesses, sparking debates on economic impact.

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Trump Names Hedge Fund Manager Scott Bessent As Treasury Chief

US President-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs.

International Business Times

Louisiana lawmakers pass income and corporate tax cuts, raising statewide sales tax to pay for it

Louisiana’s GOP-dominated legislature passed tax cuts on personal and corporate income on Friday in exchange for a statewide sales tax increase, a mixed bag of success for Gov. Jeff Landry, whose original tax revision plans faced resistance from lawmakers and lobbyists amid hard fiscal realities

The Independent UK

Incoming Treasury Secretary Faces Complex Economic Challenges

The incoming Treasury secretary faces critical tasks like managing debt ceiling, tax cuts, and Trump's economic plans.

Top News

Markets Rally After US Bounce As Nvidia Comes Into Focus

Equities have seen big swings since Trump's election at the start of the month, with optimism over pledged tax cuts and deregulation offset by worries they could also reignite inflation, along with threatened import tariffs.

Latin Times

Tories demand almost £1 billion in tax cuts from SNP's Scottish Budget

THE Conservatives have proposed almost £1 billion worth of tax cuts for the upcoming Scottish Budget ...

The National (Scotland)

Senate Minority Whip John Thune Outlines Republican Agenda Priorities

Senate Minority Whip John Thune to prioritize Trump's immigration agenda, revive tax cuts, enhance Senate transparency, and confirm nominees.

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The Guardian - US

How a Republican trifecta makes way for Trump’s rightwing agenda

GOP majority in House and Senate could give the president-elect ability to extend tax cuts and roll back Biden-era laws

The Guardian - UK

Are you worried about inflation? Then fear Trump, not Rachel Reeves

The chancellor’s budget may have a small effect on UK interest rates. But US tax cuts and tariffs could have international repercussions

The Conversation

Trump’s plans to extend tax cuts and slash red tape will likely spur economic growth − but there’s a cost

The economy was one of their top issues as voters went to the polls this year. So what does Donald Trump’s return to the White House – as well as Republican gains in Congress – mean for the U.S. economy?

The Guardian - UK

From higher tariffs to lower taxes, will Donald Trump’s economic plan pay off?

There is a strong chance of the president-elect’s radical strategy going wrong, with a high risk of rising prices, inflation and interest ratesBusiness live – latest updates

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Fortune

With Trump's election, extending expiring tax cuts should be 'easy'

But his other economic proposals could offset the savings.

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Trump To Focus On Extending Tax Cuts In Second Term

Former Treasury Secretary Mnuchin discusses Trump's approach to tariffs and tax cuts.

International Business Times

Trump's Win Drives Up Bond Yields To Highest In Months On Deficit Fears

The president-elect's campaign promises of tariffs and tax cuts are expected to drive up the debt and stoke inflation

AAP

Household spending 'surprisingly soft' despite tax cuts

Australians are still watching their pennies even as consumers report more confidence in the future state of their finances.

The Conversation

US election: how control of Congress will matter for the new president

Kamala Harris and Donald Trump are promising big initiatives if elected: tax cuts (and hikes), lots of giveaways, and major pieces of legislation bearing on issues such as abortion, healthcare, the environment and foreign military assistance. Regardless of who wins the presidency, the one thing all these items have in…

Top News

Trump And Harris Propose Contrasting Economic Plans For Voters

Former President Trump and VP Harris present contrasting economic plans focusing on affordability and growth. Harris' agenda endorsed by Nobel laureates, e...

The Guardian - UK

From tax cuts to breaking the economy: five UK budgets that made a difference

As Rachel Reeves prepares to unveil her measures, we look at how five of her predecessors broke the mould

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