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The Latest Breaking News from Tax Cuts

FDR united Democrats under the banner of ‘liberalism’ − but today’s Democratic Party has nothing to put on its hat

If Donald Trump has taught Americans anything, it’s that political parties can shift positions on any number of issues and retain strong support. Republicans had once been aggressive Cold Warriors, standing shoulder to shoulder with allies against Russia, but now they are isolationists. They once favored so-called “free markets,” but…

The Conversation

The High Cost of Texas’ Property Tax Cut-and-Run Politics

Biennial promises of “relief” are just window dressing on a broken taxation system.

Texas Observer

Here’s What’s Changing With Your Taxes, Bills & More Under A Re-Elected Albanese Government

A bunch of changes are headed your way, here's what you need to know.

Pedestrian.tv

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read the most diverse news in one place.

Democrats target vulnerable Republicans over plan to cut social safety net

DNC to campaign against Trump’s ‘one, beautiful bill’ to reduce public spending by at least $1.5tn to pay for tax cuts

The Guardian - UK

Economists slam major parties over timing of costings

The coalition has been criticised for releasing its costings just two days out from polling but Labor did the same during the 2022 election when in opposition.

AAP

Fact-checking Trump’s claims at 100-day rally in Michigan

Trump said he restored free speech, dubbed surveys as ‘fake’ and claimed fuel prices were down.

Al Jazeera

MTG signals the one thing that will cost Republicans ‘bigly’ in midterms in warning to colleagues

Republicans are at odds on whether to pass Trump’s tax cuts, which could introduce $4.6 trillion to the national debt over the next decade

The Independent UK

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Congress returns as Trump’s domestic agenda hangs by a thread

Between the debt limit, tax cuts and Medicaid, the House and Senate remain far apart. And the clock is ticking

The Independent UK

2025 Tax Reform: Are Trump and the GOP Actually Planning to Raise Taxes?

As high-stakes tax reform talks resume on Capitol Hill, questions are swirling about what and President Trump and the GOP will do.

Kiplinger

Albanese handed win in final leaders’ debate – as it happened

This blog is now closed

The Guardian - AU

Republican unity to be tested in talks over Trump’s ‘big, beautiful bill’

Party eyes dramatic spending cuts to turn president’s promises into reality – but not all lawmakers are on board

The Guardian - US

The Republican anti-tax coalition is beginning to disintegrate

For half a century, the GOP has embraced tax cuts for the rich. But as Americans turn against the idea, the party is divided

The Guardian - US

First-quarter tax lobbying bonanza as reconciliation beckons - Roll Call

Lobbying on tax issues exploded during the first quarter of this year, as Congress prepared to extend the 2017 tax cuts.

Roll Call

Missed Tax Day? Nearly One Million Taxpayers Still Can File and Claim Valuable Tax Refunds

As many as one million taxpayers could be missing out on a significant tax refund.

Kiplinger

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The Guardian - AU

Labor receives assurances from Indonesian defence minister – as it happened

This blog is now closed

The Guardian - AU

Battle of the election ‘sugar hits’: Labor and Coalition announce tax plans at duelling campaign launches

Albanese unveils an automatic $1,000 deduction on annual tax returns while Dutton pledges $1,200 one-off tax refund for low- and middle income earners

Reason

Two Cheers for Extended Tax Cuts and an IRS in Chaos

It’s not the reform we need, but it’s welcome relief from ravenous and unpopular tax collectors.

The Texas Tribune

$337 billion, two-year budget gets Texas House approval

The lower chamber’s plan largely aligns with the Senate’s proposal and puts billions toward teacher pay, border security and property tax cuts.

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The Independent UK

A win for Mike Johnson? The finish line of the speaker’s budget marathon is still far in the distance

ANALYSIS: ANALYSIS: The GOP has a long way to go before legislation extending the Trump tax cuts and cutting federal spending makes it into law, writes John Bowden

The Texas Tribune

Texas plans to spend $51 billion on property tax cuts. It may not be sustainable.

State budget watchers — and some Republicans — worry Texas is spending too much on property tax cuts.

Reason

These Reforms Would Simplify Our Messy Tax Code—and Level the Playing Field

The government currently collects revenue in an arbitrary and distortionary manner, with loopholes that benefit special groups.

Salon

GOP budget "just the first set of cuts"

"Wealthy Americans, on the other hand, would have a larger share of the economic pie"

The Guardian - AU

Poorest urban fringe electorates gain most from Labor’s first-term tax and welfare reform, ANU research shows

Exclusive: The wealthiest households on average will be nearly $800 worse off, modelling reveals, as a result of the rejigged stage-three tax cuts

The Guardian - US

Top US companies spent three times as much on buybacks as taxes after Trump cuts – report

As president proposes new cuts, data shows 11 corporations collectively recorded nearly $500bn in profits since last cuts

The Conversation

Why tax literacy should be a national priority in Canada

The last time Canada’s political parties campaigned during a tax season was more than a decade ago. This year, taxes are a hot topic, and for good reason. Shortly after the federal election was called, the political parties began rolling out promises of tax cuts to win over voters.

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Marjorie Taylor Greene

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the Internal Revenue Service

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