tax cuts

President Biden, former President Trump and Republican lawmakers battle over Trump tax cuts

by

Rhetoric is heating up on competing visions of taxes from Democrats and Republicans ahead of the 2024 election, which will determine whether the individual provisions in the 2017 Trump tax cuts are extended, modified or thrown into the legislative dust bin. President Biden, lawmakers on key tax writing committees and tax advocates of various ideological … Read more

UK finance minister dampens down hopes of tax cuts as election looms

by

British finance minister Jeremy Hunt on Sunday talked down the likelihood of tax cuts in this week’s budget, pledging “prudent and responsible” measures “for long term growth”. The Chancellor of the Exchequer had been widely expected to cut taxes in Wednesday’s budget, in a move seen as a way of closing the gap on the … Read more