President Joe Biden has repeatedly said he won’t hike taxes on anyone earning less than $400,000, but then this week he promised on X to hike taxes on just about everyone. Now, to be fair, Biden may not have understood that’s what he’s saying. Letting the Tax Cuts and Jobs Act expire and “stay expired” […]
As House Speaker Mike Johnson basked in gushing bipartisan praise for his
Students will no longer receive general housing benefits, high-earners and pensioners will pay more tax and VAT will increase by 1.5 percentage points.
Donald Trump is offering a corrupt deal to America’s wealthy elites: He’ll give them tax cuts and deregulation if he’s elected to a second term, even though he’s signaled that he intends to govern as an autocratic leader unrestrained by the rule of law. That would be a deal with the devil that’s likely to end badly for everyone—even the corporate elite, many of whom remain in a state of denial about Trump. Daniel Ziblatt, director of Harvard’s Center for European Studies, has studied what...
Talking about tax policy is one of the best ways for President Joe Biden to create a contrast with Donald Trump on who will fight for average Americans. As Trump told a group of wealthy campaign donors earlier this month, one of his signature issues if elected president in November will be extending the tax cuts Republicans enacted during his term in 2017—which overwhelmingly benefited wealthy Americans. There's no audio of the statement, but it echoes comments Trump made last year during a...
April means Tax Day, a yearly reminder that most people don’t like our tax code. As a recent Tax Foundation poll found, people don’t understand it either. With a looming tax battle on Capitol Hill, the need for tax policy education has never been higher. We shouldn’t let tax education end with Tax Day. The public […]
The government will start its two-day framework session today, with the objective of agreeing on spending cuts and tax increases worth a total of three billion euros.
Before you go on a spending spree with your tax refund, consider using your refund money wisely to give your finances a boost. To determine how you should prioritize your different short- and long-term financial goals, I spoke with Michael Hershfield, founder & CEO of embedded wallet Accrue Savings, to better understand how taxpayers can make the most of their refunds this year.
When I was a kid, $100,000 sounded like an impossibly large sum of money. Even when I started working at my first professional job with an entry-level salary of $32,000, I thought that making $100,000 would allow one to be comfortably upper-middle class. I’m sure I’m not alone; a “six-figure salary” was, for a long time, shorthand for a “well-paid job.” But in 2024, with the cost of housing and childcare (not to mention inflation on basics like food), a family making $100,000 a year can have...
Over the last year, we've alerted our readers to specific RedState articles that Google has demonetized, meaning that no ads can be shown on those articles and RedState doesn't receive any revenue on them, for allegedly violating its guidelines. Google claims the offending articles contain "dangerous or derogatory content" or "unreliable and harmful claims," but what they really contain is content Google and/or the government deem dangerous to groupthink and the accepted narratives – content...
Reports said these limits “serve as a guideline in qualifying purchasers and renters for affordable units as required under various city programs.”
Despite its attack on Israel, Iran doesn't want an all out war with Israel and the U.S.