The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.
Category: Capital Gains Tax
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Can Corporate America Help Harris Win Pennsylvania?
The vice president has raised huge sums and has won over many business leaders. Despite that, the presidential race remains tight in battleground states.
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What Wall Street Wants to Hear at the Presidential Debate
Taxes, tariffs, trade and regulation: Business leaders have a long list of topics they want addressed in Tuesday’s presidential showdown.
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Trumponomics 2.0: Breaking Down Donald Trump’s Economic Plan
Higher tariffs, lower taxes, and more of Elon Musk: The former president outlined his economic vision to an audience of business leaders. But questions abound.
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Harris’s Capital Gains Tax Break
The vice president has proposed raising the levy on capital gains, a break from President Biden’s economic agenda, as she tries to keep big donors and progressives on side.
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Tax Policy Becomes a Fault Line for Harris
The vice president is relying on tax proposals as a way to show she is different from both President Biden and her Republican rival, Donald Trump.
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Donors Quietly Push Harris to Drop Tax on Ultrawealthy
Vice President Kamala Harris’s fund-raising has benefited from a surge of interest from Silicon Valley and Wall Street.
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What We Know About Kamala Harris’s $5 Trillion Tax Plan So Far
The vice president supports the tax increases proposed by the Biden White House, according to her campaign.
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I.R.S. Failed to Police Puerto Rico Tax Break, Whistle-Blower Says
An insider accused the agency of failing to scrutinize a lucrative tax break in Puerto Rico designed to lure wealthy Americans to the island.
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Treasury Report Shows $1.7 Trillion Deficit
The widening gap between what the government spends and what it earns comes as Congress continues to spar over the proper levels of federal spending.
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The Federal Deficit Is Growing. This Is Why.
Tax receipts dipped unexpectedly last year. The Biden administration blames Republican tax cuts, but the truth is more complicated.
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A Giacometti for a Cezanne: Jeffrey Epstein’s Role in a Pricey Art Deal
Mr. Epstein helped the billionaire Leon Black defer capital gains taxes from the swap. A Senate committee is scrutinizing some of Mr. Black’s art deals as it looks into tax avoidance schemes.