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The Latest Breaking News from Tax Cuts

UK Faces Strained Finances After Election

Britain will see little difference on public spending whichever of the country's main parties wins next month's general election, with state coffers strained largely by huge Covid expenditure.

International Business Times

Treasury Secretary Janet Yellen blames Trump’s tax cuts for ‘many of the problems’ with the U.S.’s soaring budget deficit

Yellen says Trump’s policies gave tax breaks to wealthy corporations and individuals while increasing the national deficit.

Fortune

ARK Invest CEO Cathie Wood says Trump has her vote because he’ll be better for the economy, but then asks to pull the interview

The renowned tech investor said she planned to cast her vote for Trump over Joe Biden come November.

Fortune

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Spend your tax cuts in Canberra on a 'little treat', Barr says

Tuesday's ACT budget will also include a cost-of-living package.

The Canberra Times

Where do all the parties stand on tax cuts and spending – and are their manifestos fully costed?

Everything you need to know about the tax cuts proposed in the 2024 manifestos – and how they’re costed

The Independent UK

Families set to pocket more than $60 a week from stage-three tax cuts

Treasury analysis shows ‘mums and dads’ will be among the biggest beneficiaries when 1 July cuts kick in, Jim Chalmers says

The Guardian - AU

Tax cuts to see families pocket an extra $60 a week

The latest tax cuts will see families with children pocket more than $60 a week on average, Treasury analysis shows.

AAP

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House Republicans shift message on extending 2017 tax cuts - Roll Call

Changing politics and growing debt have House Republicans rethinking strategy for the tax cuts expiration in 2025.

Roll Call

Mike Pence Foundation Launches M Campaign To Preserve Tax Cuts

Former VP Mike Pence's foundation launches M campaign to preserve Trump-era tax cuts, sparking debate on fiscal policy and deficit concerns.

Top News

Supporters of bringing the Chiefs to Kansas have narrowed their plan and are promising tax cuts

Kansas lawmakers hoping to lure the Kansas City Chiefs from Missouri are narrowing their proposal for encouraging the Super Bowl champions to build a new stadium and linking the proposal to a plan for broad tax cuts

The Independent UK

Jeremy Hunt: Liz Truss economic plans were ‘good thing to aim for’

Exclusive: Leaked recordings reveal chancellor ‘trying to achieve some of the same things’ as former prime minister

The Guardian - UK

Why is Trump cozying up to America’s most powerful business leaders?

Stocks are at near record levels. That’s not enough for some corporate CEOs, who want more giant tax cuts

The Guardian - US

Nigel Farage pledges to axe net zero as Reform UK launches populist manifesto

Policies include personal tax cuts and life imprisonment for drug dealers in ‘contract’ with British public

The Guardian - UK

Spending caps in peril - Roll Call

CQ Roll Call reporters discuss the state of the budget caps deal and the fate of Trump-era tax cuts in the latest CQ Budget podcast.

Roll Call

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Evening Standard

Six in 10 back more NHS spending, even if it means higher taxes – poll

Some 40% said they would be willing to pay higher personal taxes if it meant higher spending on public services more broadly.

The Conversation

The Lib Dems want to tax the banks more – is this a good idea?

The Liberal Democrats were the first party to unveil their manifesto and the first party to break ranks and declare increases in tax, or sort of. Ed Davey announced that they would reverse tax cuts to banks and introduce a windfall tax on profits. Obviously, the Liberal Democrats can do…

Top News

.6 Trillion Tax Cuts Set To Expire, Impacting Federal Deficit

Explore the implications of the upcoming presidential election on the fate of .4 trillion in expiring tax cuts and the potential impact on the nation's f...

The Guardian - UK

‘Cosplaying Liz Truss’: Rishi Sunak condemned for £17bn tax giveaway

Critics say funding of Tory manifesto’s policies is ‘implausible’ and they would mainly benefit wealthier voters

The Guardian - UK

Do the sums add up in Tory tax-cut manifesto?

Rishi Sunak says tax cuts will be paid for by slashing welfare bill further but experts doubt viability unless Conservatives usher in new era of austerity

The Guardian - UK

More tax cuts, fewer green policies: key takeaways from the Tories’ manifesto

Signs of Sunak trying to head off Farage threat are obvious with lengthy sections on net zero and gender identity

The National (Scotland)

Pensions, taxes, immigration: What's actually in the Tory manifesto?

RISHI Sunak set out plans for major tax cuts as he invoked Margaret Thatcher at the launch of the Tory manifesto – as he bids to get the…

The Guardian - UK

Sunak urges voters not to give Starmer ‘blank cheque’ as he launches Tory manifesto

Prime minister promises series of tax cuts but his party’s election policies contain little in the way of surprises

Evening Standard

What is a General Election manifesto? Conservatives unveil more tax cuts to attract voters

The Lib Dems and the Conservatives have already unveiled their programmes for government

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