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The Latest Breaking News from Tax Cuts

UK's Sunak To Unveil Tax-cutting Manifesto

British Prime Minister Rishi Sunak will promise voters "financial security" and tax cuts when he unveils his Conservative party manifesto on Tuesday, following a disastrous week that even led to rumours he might quit.

International Business Times

Conservative manifesto: Rishi Sunak's gamble on tax cuts 'problematic', think tank says

The Institute for Fiscal Studies says the Tories are ruling out council tax and capital gains tax changes when ‘frankly there needs to reform’

Evening Standard

The Return of Trickle-Down Economics

In Kansas, Mississippi and other states, tax cuts for the wealthy could bring devastating reductions to education, health and other vital programs.

Capital & Main

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Mike Johnson plans Republican mega-bill ready to push through if Trump wins

House speaker plans far-reaching bill including tax cuts and border security to make Trump ‘the most consequential president’

The Guardian - US

NZ Budget 2024: ‘tax relief’ for the ‘squeezed middle’ – but who’s paying? 7 experts follow the money

Honestly, who would want to be Nicola Willis at this point?

The Conversation

Republicans Step Up Efforts To Extend Trump Tax Cuts

Republicans are currently gearing up to extend former president Donald Trump's tax cuts in the event of an overwhelming win in November.

International Business Times

NZ Budget 2024: tax cuts and borrowing don’t always fuel inflation – but Nicola Willis has to get the balance right

On the eve of the first budget from the National-ACT-New Zealand First coalition government, there is ongoing debate over whether borrowing while offering tax cuts could trigger a rise in inflation.

The Conversation

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Australian inspiration for Kiwi tax cuts: NZ minister

Nicola Willis will deliver the right-leaning New Zealand coalition government's first budget this week, with tax cuts at the forefront.

AAP

'Bond King' Bill Gross warns Trump would worsen deficits and be 'more disruptive' for the bond market than Biden

"Trump is the more bearish of the candidates simply because his programs advocate continued tax cuts and more expensive things."

Fortune

Argentina's Milei Promises Major Tax Cuts With Reforms Approval

Argentinian economist Javier Milei proposes significant tax cuts to boost economy and attract investment, facing both support and criticism.

Top News

Labour and Tories clash on economy in first weekend of election campaigning

Parties trade blows over tax cuts as first weekend of general election campaign gets underway

Evening Standard

Albanese labels some rightwing media a ‘cheer squad’ for Dutton

PM expresses frustration with unspecified newspapers and commentators, saying many articles ‘essentially about clickbait these days’

The Guardian - AU

OPINION - Rishi Sunak has been in last-ditch campaign mode for so long — a General Election is logical

Rishi Sunak’s very first move as Prime Minister was to baffle. Why had this sensible technocrat appointed a loon like Suella Braverman? Many baffling moments followed — Rwanda, the war on woke, tax cuts that ran in the face of everything he had stood for as chancellor. So a snap…

Evening Standard

What Are The Costs Behind Trump's Economic Proposals?

Republican former president Donald Trump once dubbed himself a "Tariff Man" seeking to boost government coffers.

International Business Times

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The Guardian - UK

Things can only get better? For Sunak and the UK economy, this might be as good as it gets

Economies decide elections but with growth tentative, inflation sticky, and tax cuts unlikely, why would the PM wait

International Business Times

Labor Unions Fed Up With Trump's Tax Cuts; Want Laws Repealed

Top labor unions have had enough of the tax cuts of former President Donald Trump and would like to have the laws repealed.

The Guardian - UK

Jeremy Hunt’s tax cut plans face setback as government borrowing tops £20bn

ONS says budget deficit £1.5bn higher than previous year due to increased spending on benefits and weaker tax revenues

Top News

Biden Vs. Trump: Contrasting Tax Plans For Economic Growth

Debate over tax policies between Biden and Republicans, focusing on fairness, economic growth, and national debt implications.

AAP

Jobs boom beats expectations but weakness incoming

Australia's workforce is expected to keep getting bigger even as the economy slows, forecasting excerpts from the upcoming federal budget show.

Kiplinger

What’s in DeSantis’ $1.07 Billion Florida Tax Relief Bill?

A new Florida tax relief package defines 2024 sales tax holidays and cuts taxes for families and businesses.

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