Inside the Supreme Court battle that could rewrite the US tax code: Case over couple’s $15K IRS bill threatens to jeopardize Biden’s billionaires’ tax plan – as former GOP speaker Paul Ryan slams ‘unconstitutional’ case

Inside the Supreme Court battle that could rewrite the US tax code: Case over couple’s $15K IRS bill threatens to jeopardize Biden’s billionaires’ tax plan – as former GOP speaker Paul Ryan slams ‘unconstitutional’ case

Oral arguments began today in the case of Charles V. United States  Case relates to a Trump-era tax rule relating to foreign profits of US companies  It could redefine how income is taxed and cost the federal government hundreds of billions of dollars  By Helena Kelly Assistant Consumer Editor For Dailymail.Com and Associated Press Updated: … Read more

The end of Trump-era tax breaks: Income levies and estate taxes set to rise from 2025 – experts reveal why YOU should start preparing now

The end of Trump-era tax breaks: Income levies and estate taxes set to rise from 2025 – experts reveal why YOU should start preparing now

Americans should consider their tax strategies now ahead of potential changes at the end of 2025, experts warn. Trump-era legislation brought in by the Tax Cuts and Jobs Act in 2017 made sweeping changes to the tax landscape.  This included lowering individual income tax rates, almost doubling the standard deduction and raising the federal estate tax … Read more

Berisha: Double salaries and pensions, cut taxes in half

20:35 24/03/2023 “I invite the residents of Kamza to knock on every door and every heart” The chairman of the Democratic Party, Sali Berisha, presented the candidate of the coalition “We Win Together” for the Kamëz Municipality, Arjan Hoxha, this afternoon. Chief Democrat Berisha said that from the Kamza rally, the Democrats inaugurate the opening … Read more

Rama: There will be no increase in taxes for small businesses

13:08 06/11/2022 “Shameful Berisha’s comments in “Daily Mail” Prime Minister Rama has reacted through social networks and accuses the media and the ruble alliance, as he calls the opposition, of being behind the misinformation of the public opinion, regarding the increase in taxes in the fiscal package of next year. “Example of how media disinformation … Read more

UPS refused to deliver my gold coin from Belgium unless I paid £368 in taxes

I recently ordered a Queen’s Beasts 1oz gold coin from a company based in Belgium for £1,760 and it was dispatched using UPS. After a few false emails telling me it was going to be delivered, my wife waited in all day for it not to arrive. Later that night, I received an email from … Read more

Alistair Darling warns Rishi Sunak not to increase taxes

Labour ex-chancellor Alistair Darling warns Rishi Sunak it would be a ‘big mistake’ to increase taxes now and it could ‘derail’ the UK’s recovery from the coronavirus crisis Ex-chancellor Alistair Darling warned Rishi Sunak not to increase taxes at Budget Lord Darling said it would be a ‘big mistake’ for Mr Sunak to put up … Read more

SIR JOHN REDWOOD MP: It’s a simple law of nature: low taxes stimulate growth

SIR JOHN REDWOOD MP: It’s a simple law of nature: low taxes stimulate growth By John Redwood For The Mail On Sunday Published: 22:07 GMT, 27 February 2021 | Updated: 02:30 GMT, 28 February 2021 The way to get the colossal deficit down is to promote and encourage growth. And allow people back to work … Read more

City giants call for cuts to red tape and taxes

City giants call for cuts to red tape and taxes to boost Britain’s financial sector after Brexit Finance firms want it to be easier for professionals from abroad to work in the UK The cap on bankers’ bonuses could be ditched to make the Square Mile more attractive to top talent Lobbying offensive comes amid … Read more

DAVID DAVIS: Rishi must NOT raise taxes. He should be bold and CUT them like Reagan 

The mutterings that keep emerging from the Treasury about increasing taxes to balance the books are economically incomprehensible. Such action would not only be wrong, it would be completely counter-productive. We Tories must be honest with ourselves and with the public: There is no way we can balance the costs of the crisis in the … Read more

Coronavirus recovery: Even Keir Starmer doesn’t want to raise taxes and warns against austerity

Sir Keir Starmer has warned that tax rises and austerity risk ‘choking off’ a rapid economic revival after the coronavirus pandemic. The Labour leader said he wanted to model the UK’s recovery on Clement Attlee’s post-Second World War strategy to restore Britain’s ‘backbone’.  ‘In the short term, you don’t balance the books and you don’t … Read more