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The Latest Breaking News from Tax Cuts

Household spending 'surprisingly soft' despite tax cuts

Australians are still watching their pennies even as consumers report more confidence in the future state of their finances.

AAP

US election: how control of Congress will matter for the new president

Kamala Harris and Donald Trump are promising big initiatives if elected: tax cuts (and hikes), lots of giveaways, and major pieces of legislation bearing on issues such as abortion, healthcare, the environment and foreign military assistance. Regardless of who wins the presidency, the one thing all these items have in…

The Conversation

Trump And Harris Propose Contrasting Economic Plans For Voters

Former President Trump and VP Harris present contrasting economic plans focusing on affordability and growth. Harris' agenda endorsed by Nobel laureates, e...

Top News

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From tax cuts to breaking the economy: five UK budgets that made a difference

As Rachel Reeves prepares to unveil her measures, we look at how five of her predecessors broke the mould

The Guardian - UK

OPINION - Rachel Reeves rolls the pitch for her 'maxi-Budget'

What is the opposite of a mini-Budget? A maxi-Budget? Whatever it is, that is what the chancellor is preparing to deliver next Wednesday. But the biggest difference between Rachel Reeves and Kwasi Kwarteng is not substance per se. Indeed, Reeves also intends to borrow more in order to boost growth,…

Evening Standard

Australia urged not to pull the plug on hybrid tax cuts

Sales of plug-in hybrid vehicles are accelerating in Australia as a tax deadline approaches, but some automotive groups say an extension is needed.

AAP

23 Nobel Prize winners push for Kamala Harris, calling her a 'better steward of our economy' than Trump

Economists say that tariffs and tax cuts make Trump’s plan weaker than Harris’s.

Fortune

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How Much Do Voters Care About Taxes?

A new poll reveals that taxes may not be top of mind for many people this election cycle.

Kiplinger

Five Ways the Election Could Change Your Retirement

From taxes to Social Security and beyond, the election could change your retirement depending on which candidate wins. Who takes the House and Senate also matters.

Kiplinger

Liberals rates policy would cost $100m more than party expected

But opposition's payroll tax cuts cost 40% less than Libs' estimated.

The Canberra Times

Trump goes big on tariffs, floats business relocation penalty - Roll Call

Former President Donald Trump doubled down on his plan to impose heavy tariffs on imports to help pay for tax cuts.

Roll Call

Tax veterans see protracted standoff over expiring breaks - Roll Call

The growing possibility of divided government next year has some predicting the 2025 tax fight could stretch into 2026 and beyond.

Roll Call

Stage three tax cut spending spree yet to surface

Fans splashed out on footy finals in an otherwise slow month for consumer spending, which is yet to show a bounce from tax cuts that came into effect in July.

AAP

Libs launch attack on Barr's credentials after tax cut costings

Costings show Liberals' payroll tax cuts worth less than expected.

The Canberra Times

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International Business Times

Tariffs, Tax Cuts, Energy: What Is In Trump's Economic Plan?

Republican presidential candidate Donald Trump wants to bring back US manufacturing and lower costs, relying on tariffs to boost US coffers and exert pressure on other countries -- but the reality is less straightforward.

Roll Call

Trump pitches tax write-off for auto loans in Detroit speech - Roll Call

Former President Trump proposed making interest on car loans tax-deductible Thursday in the latest of a series of tax cuts he has promised.

Salon

Trump tax plan helps top 5%, hurts 95%

"This is an enormously redistributive tax plan from low- and middle-income families to the wealthiest Americans"

The Canberra Times

'Correct the record before you pathetically withdraw': Tax stoush gets heated

Libs claim payroll tax cuts closer to $100m in barney over costings.

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The Independent UK

Economists have blasted Trump's jobs and taxes plans as dangerous. Someone better tell the public

Though Trump often touts his economic experience as a successful businessman, economists worry his plans for a second term would be harmful, Ariana Baio reports

AAP

Household spending flat despite retail boost, tax cuts

The economy is still struggling along with flat household spending despite an uptick in retail turnover and income tax cuts beginning to flow.

Roll Call

Fact-checking the Vance-Walz debate - Roll Call

Despite a mostly civil debate between Sen. JD Vance and Minnesota Gov. Tim Walz, the two disagreed repeatedly on policy and on the facts.

Top News

Trump To Outline Plan For Lowering Taxes For Businesses

Trump's pro-business initiatives include tax cuts and incentives for companies to relocate to the US.

The Independent UK

Outside a Trump rally in Pennsylvania, young people in MAGA hats say they’re scared for their future

‘I’m scared for my future. I want my future economy to thrive,’ 20-year-old Kelsey Moyer tells Richard Hall, as she lines up with others to see a former president who’s running on tax cuts

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