Rachel Reeves refuses to rule out capital gains tax rise
Chancellor Rachel Reeves has refused to rule out whether she will increase the rate of capital gains tax in her autumn Budget. The levy is charged on profits made from the sale …
Taxes
Tax Complexity Now Costs the U.S. Economy Over $546 Billion Annually
The federal taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. …
Trump’s Win-Win Tax Proposal
Former president Donald Trump’s “no tax on tips” proposal figured prominently in his nomination-acceptance speech at the Republican National Convention, confirming that he’s serious about it. Critics from the Left and the …