News

GOP tax bill includes a $6,000 ‘senior deduction.’ Here’s who qualifies.
The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are ...
Factbox-What's in the Republican tax and spending plan?
The Republican-controlled Congress on Wednesday could pass a sweeping budget package that would fulfill many of President ...
Trump megabill axes $7,500 EV tax credit after September
Lawmakers would eliminate a $7,500 tax credit for households that buy or lease new EVs, as well as a $4,000 credit for ...
Los Angeles approves plan to spend nearly $425 million in ‘mansion tax’ money
The Los Angeles City Council on Tuesday approved a spending plan for Measure ULA, the so-called mansion tax, directing nearly ...
Labour won't break tax pledges after welfare climbdown, minister says
Reeves's two main rules are not to borrow to fund day-to-day public spending; and to get debt falling as a share of the UK ...
The First Income Tax in the Persian Gulf Signals a Changing Economic Reality
A plan by Oman is being closely watched by other governments in the region that are preparing for a future beyond oil.
GOP Plan Would Allow Larger Tax-Free Wealth Transfers
The measure, embedded in the sprawling One Big Beautiful Bill Act currently moving through Congress, would raise the ...
Japan’s Record Tax Haul Leaves Questions Over Ishiba’s Pledge
Japan’s tax revenues hit a record of around ¥75.2 trillion ($524 billion) in the fiscal year ended March, surpassing ...