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The Latest Breaking News from Tax Cuts

Government minister says inheritance tax is ‘deeply unfair’ as Sunak ‘plans to scrap’ levy

Rishi Sunak is said to be preparing to announce a cut in the levy – or even scrap it altogether

The Independent UK · Sep 24, 2023

Tax cuts ‘virtually impossible’, says Jeremy Hunt in major blow for Tory right

Chancellor insists he still faces ‘very difficult decisions’ at Budget despite better economic news

The Independent UK · Sep 21, 2023

This generation of politicians has killed fiscal responsibility–but millennials and Gen Zers will be the ones who pay the price

During the next presidential term, publicly held debt is projected to exceed its Second World War highs.

Fortune · Sep 21, 2023

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Jeremy Hunt may get ‘wiggle room’ for pre-election tax cuts after lower public borrowing than forecast

Chancellor Jeremy Hunt may get some “wiggle room” for pre-election tax cuts after lower public borrowing than forecast.

Evening Standard · Sep 21, 2023

Liz Truss urges PM to cut taxes and ditch some green commitments

The former PM concedes that she and Kwarteng were in a ‘rush’ to get ‘results’

The Independent UK · Sep 18, 2023

Unfair to call my mini-budget tax cuts unfunded, Truss to claim

The former PM will urge the Government to cut taxes, shrink welfare spending and raise the retirement age in a speech explaining her economic vision.

The Independent UK · Sep 17, 2023

New Zealand voters search for relief from ‘shocking’ living costs as election looms

Tax cuts and cheaper fruit among Labour and National party plans to address rising cost of living pressures as people once comfortable are swept into crisis

The Guardian - AU · Sep 15, 2023

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Trump plots tax cuts as poverty rises

Trump and his advisors are setting sights on an aggressive tax cut plan to push during his 2024 campaign

Salon · Sep 12, 2023

State pension to rise due to record wage growth but Jeremy Hunt warns tax cuts ‘unlikely’

The bumper wage growth will also pile pressure on the Bank of England to raise interest rates yet again later this month

The Independent UK · Sep 12, 2023

Robbing the poor to fund tax cuts for the rich – Britain is a Tory test lab for a new rightwing populism

Freezing benefits in order to slash taxes for wealthy voters? It’s nakedly obvious who this government really cares about, says Guardian columnist Owen Jones

The Guardian - UK · Sep 12, 2023

High UK inflation makes autumn tax cuts unlikely, says Jeremy Hunt

Warning against pumping ‘money into people’s pockets’ comes amid hints Bank of England will again raise rates

The Guardian - UK · Sep 11, 2023

Sunak refuses to make pensions triple lock election commitment

PM says he will not speculate over policy as he grapples with how to fund tax cuts demanded by Tory MPs

The Guardian - UK · Sep 10, 2023

Jeremy Hunt considers benefits cuts to provide pre-General Election tax cuts

RISHI Sunak declined to rule out real-terms cuts to benefits amid suggestions the move could be taken to free up cash for tax cuts ahead of the next…

The National (Scotland) · Sep 9, 2023

Tory row brews as Hunt considers squeezing benefits to fund tax cuts

Truss allies dramatically accuse chancellor of wasting chance to raise £4 billion

The Independent UK · Sep 8, 2023

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The Guardian - AU · Aug 25, 2023

Labor is nibbling at tax reform but revamping stage three cuts is too big to swallow

The intergenerational report shows cuts will be needed in the medium to long term to prevent workers paying an ever-growing share of the total take

The Guardian - UK · Aug 23, 2023

The Guardian view on Tory MPs and tax cuts: the desperate demanding the delusional

Editorial: The Conservative fixation on shrinking the state is fiscally reckless and detached from political reality

The Guardian - UK · Aug 23, 2023

Dorries claims she is ‘working daily’ on behalf of her constituents amid calls for her to resign – as it happened

She made the comment in response to repeated claims she is neglecting her duty as an MP

The Guardian - AU · Aug 16, 2023

From Aukus to tax cuts: six things to watch for at Labor’s national conference

Expect a ‘little bit of a bizarro world’ with the policy fights largely already settled, one insider says. Still, some debates will be worth watching

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The Guardian - UK · Aug 13, 2023

Tax cuts would put ‘scary’ UK finances in greater danger, warns top economist

Paul Johnson, of the Institute for Fiscal Studies, issues plea for honesty from Labour and the Conservatives about tax and spending choices ahead of election

The Guardian - UK · Aug 6, 2023

Kwasi Kwarteng admits mini-budget turmoil affected his mortgage

Former chancellor says payments went up ‘considerably’ after his tax cuts sent borrowing costs spiralling

The Guardian - UK · Aug 3, 2023

Sunak under pressure as Bank signals rates will stay high for months

Tory MPs call for targeted tax cuts as Labour criticises 14th interest rate hike as ‘mortgage bombshell’

Kiplinger · Jul 30, 2023

Virginia Tax-Free Weekend Gone Despite Massive Budget Surplus

For the first time in years, Virginia shoppers won’t have a back-to-school sales tax holiday in August.

The Texas Tribune · Jul 28, 2023

Billions in property tax cuts need Texas voters’ approval before taking effect. Here’s what you need to know.

Legislation passed this month would raise the state’s homestead exemption to $100,000, lower schools’ tax rates and put an appraisal cap on residential and commercial properties, among other measures. But voters must approve a constitutional amendment first.

The Guardian - UK · Jul 18, 2023

‘Vast’ growth in value of England rentals since 1990 would have built 3m council homes

Exclusive: Private rentals have grown £400bn in value – making a mockery of landlords’ demands for tax cuts, say campaigners

The Guardian - AU · Jul 14, 2023

RBA lifer Michele Bullock may have the luck of playing good cop to Philip Lowe’s bad

The Reserve Bank of Australia’s first female governor will begin her appointment at or very near the end of the cycle of rate rises

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