When Congress extended the Victims of Terrorism Tax Relief Act of 2001 to include astronauts, they probably weren’t thinking ...

President Donald Trump on Sunday night reiterated an extraordinary ambition he and members of his administration have voiced from time to time throughout his young second term: One day, Americans ...

Trump's wide-ranging tariffs have been dubbed "worse than the worst-case scenario," but the specifics of the plan and what it ...

Making Tax Digital for income tax (MTD IT) will bring a fundamental shake-up in how taxpayers and agents interact with HMRC and each other. However, ...

Sir Keir Starmer’s tax return showed that he paid £54,718 in income tax, meaning he faced an overall tax rate of 35 per cent Credit: Simon Dawson/No 10 Downing Street For each of the three ...

He adds that Measure A is also a regressive tax, meaning it'll hurt lower income voters the most. "They spend a much higher percentage of their income on sales taxable items," suggests Raphael.

A 4.1% increase in the state pension means that pensions are 'perilously close' to the frozen personal allowance for income tax, meaning the government may be forced to look at reviewing the ...

Guest contributor Thomas Kahn may dismiss this expiration as a “gimmick,” but when lawmakers passed the 2017 law, they knew full well that letting it lapse would mean a significant tax ...

Politicians and economists said President Donald Trump’s "Liberation Day" tariff rollout amounted to a historic tax increase."Donald Trump just imposed the largest tax hike in our lifetime ...

Alabama’s constitution places strict limits on property taxes, meaning that local governments have very little flexibility in raising property tax rates to meet the growing needs of their communities.

Reports from economic policy think tanks with a wide range of political views describe tariffs as a regressive tax, meaning lower income groups are hit harder by the rising costs.