A budget bill, long touted by Donald Trump as the “big, beautiful bill” hit a roadblock on Friday when lawmakers from the president’s own party voted against it in congress. Five Republicans joined all Democrats in delivering a stunning setback to President Trump’s domestic agenda, demanding deeper budget cuts. Trump, who has muscled through close...
Embedded in the House GOP’s advancing reconciliation package is a major, long-sought victory for school privatization advocates that would let rich funders of vouchers avoid taxation, a change that opponents warned would supercharge the right-wing assault on public education. The measure, which resembles the GOP-authored Educational Choice for Children Act (ECCA), was tucked into the...
A spokesperson for the Unrig Our Economy coalition called the GOP package “a reverse Robin Hood of the highest order.” House Republicans on Wednesday advanced legislation that would deliver a slew of tax breaks to the wealthiest Americans and large corporations, giveaways that the party aims to fund with unprecedented cuts to Medicaid and federal...
Oh, my GAWD -this is getting so good. I mean, to the point where there’s no ‘Republic of Alberta…YET,‘ good. The morning after the country went to the polls, Alberta Premier Danielle Smith laid down the law to newly elected Canadian Prime Minister and WEF/Davos climate cult toadie Mark Carney that she – meaning Alberta...
If there’s one thing I can’t stand, it’s paying for someone else’s indulgences. You know, like the ‘Pay my student loans‘ kind of crap the left is always pulling. Yo. You took those out, you pay for them. My attitude extends to things like owning a house in a high tax state and being able...
Blue cities sure love their taxes, and they collect them like Daffy Duck clambering up the side of the pile of gold in Aladdin’s Cave, screaming ‘MINE, MINE, MINE!‘ What’s yours is theirs, theirs, theirs. And they tax it all – everything they can – even if you’re only there for an outing. God...
Democrats have urged the IRS internal watchdog to probe whether Trump targeting Harvard’s tax-exempt status is illegal. On Friday, President Donald Trump announced that he intends to revoke Harvard University’s tax-exempt status, despite the university’s recent moves to comply with many of the administration’s demands. “We are going to be taking away Harvard’s Tax Exempt...
As congressional Republicans consider slashing the federal safety net to fund tax giveaways for the wealthy, polling published Thursday by KFF shows that a large majority of Americans oppose cuts to health programs, including Medicaid. The research group asked respondents about potential funding cuts for various programs, and found that 84% oppose cuts to Social...
“Milkshake tax looms” declares The Times, announcing Labour’s plans to expand a levy on certain sugary goods including San Pellegrino and Ribena soft drinks. The move “goes further than expected” in a bid to tackle obesity but UK Prime Minister Sir Keir Starmer faces claims it breaches a promise not to raise taxes “for working...
BBC Kerry has grown her business over 30 years but fears she could now lose it “I never wanted to do anything else but be a hairdresser,” said Kerry Larcher, who opened her first salon when she was 21-years-old. Despite successfully growing her business in Hornchurch, in East London, over three decades, the 50-year-old says...
Lynette Horsburgh BBC News PA Media Hoteliers voted to approve the £2 overnight charge for staying in Liverpool People staying overnight in Liverpool will have to pay a “tourist tax” after hoteliers voted in favour of plans to introduce one. A ballot by Accommodation BID, which represents 83 hotels in the city, found that the...
What is it about politicians in Washington that they just can’t stand progress or the thought of anyone getting rich? That’s the attitude of many Democrats in Congress as they try to cripple the private equity and venture capital industries with higher tax rates. These financers are...
What is it about politicians in Washington that they just can’t stand progress or the thought of anyone getting rich? That’s the attitude of many Democrats in Congress as they try to cripple the private equity and venture capital industries with higher tax rates. These financers are...
Most fire services in England are facing a shortfall in funding after the government failed to give them the same level of compensation for tax increases as the police. The government is giving police forces an extra £230m which it says will fully cover the cost of the rise in employers’ National Insurance contributions (Nics)...
President Donald Trump has predicted that his tariffs could raise as much as $6 trillion over the next decade in federal tax collections. These include up to 104% tariffs on China, plus the combination of reciprocal tariffs — we charge them whatever they charge us. Also, don’t forget the protectionist tariffs...