A leading British industry group has warned the government against announcing new business tax rises in next week’s budget, which it said would dampen the UK’s economic recovery. The Confederation of British Industry (CBI) said on Friday that UK businesses share the government’s aim to boost private sector investment, but worry that the budget will…
Senate Democrats Propose Changes to Trump’s Tax Reform to Raise Revenue and Discourage Offshoring
A group of Democrat senators has proposed changes to international tax provisions in former President Donald Trump’s 2017 tax reform law in a bid to discourage offshoring and raise tax revenue for domestic investment. The crux of the efforts of Sens. Ron Wyden (D-Oregon), Mark Warner (D-Virginia), and Sherrod Brown (D-Ohio) are calls to reform…
Most Americans Feel Overtaxed and Oppose Any New Taxes: Rasmussen Polls
Most Americans say they’re being taxed too much and oppose any new taxes, according to two new polls, which come as the Biden administration mulls funding options to pay for big-ticket programs. Treasury Secretary Janet Yellen recently said President Joe Biden is looking at raising taxes on wealthy Americans and corporations—and may consider an outright…
Most Americans Feel Overtaxed, Oppose Any New Taxes: Rasmussen Polls
Most Americans say they’re being taxed too much and oppose any new taxes, according to two new polls, which come as the Biden administration considers funding options to pay for big-ticket programs. Treasury Secretary Janet Yellen recently said that President Joe Biden is looking at raising taxes on wealthy Americans and corporations—and may consider an…
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