The Latest Breaking News from Tax Cuts

The proposal recommends spending billions on programs including property tax cuts, teacher pay raises, mental health services and border security. It leaves out requests for pay raises for retired state employees and funding for rent relief and childcare programs.

The tax-cutting trend is going full force in states even as some are raising concerns about a slowing economy

Jacob Rees-Mogg, Priti Patel and others on low-tax right speak out against Budget moves

Cuts to school property tax bills. Bigger tax benefits for homeowners. A controversial idea to limit property tax growth. Here’s what you need to know about the brewing property tax debate at the Texas Legislature.

Chancellor defends ‘back to work’ budget in round of TV interviews

Australia has unveiled a plan to acquire a fleet of up to eight nuclear-powered submarines, forecast to cost up to $368bn between now and the mid-2050s, and up to $58bn over the next 10 years. But what else could the money be spent on?

Projected to cost $240 billion over 10 years, the Stage 3 tax cuts would go a long way to help pay for the submarine project.

UK chancellor Jeremy Hunt’s spring budget is a tricky one in terms of timing. Having announced a set of steadying measures in the autumn statement after the Truss/Kwarteng debacle, this budget is likely to be the last but one before a 2024 general election. This makes it a little early…

The Chancellor has pre-announced a series of key measures which aim to boost the UK workforce, which he argues will encourage growth that could allow for tax cuts later on