You Searched For "tax hikes" and got 20 results
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2 mins read
Trump's plan to hike tariffs instead of raising taxes could cause the 'mother of all stagflations,' policymakers warn
The Treasury secretary, Janet Yellen, and her predecessor Larry Summers called out Trump's plan to …
Filip De Mott
2 mins read
Donald Trump reportedly wants to raise tariffs to pay for tax cuts
Critics of Trump's tariff proposals say that they would raise costs for Americans and stoke further…
Filip De Mott
1 min read
Russia is eyeing big tax hikes after this month's election to pay for the war in Ukraine
Putin is widely expected to coast to reelection, after which Bloomberg reported that the country co…
Yuheng Zhan
2 mins read
Trump's wide-reaching tariff plan will hurt average Americans and only help the top 1%, Nobel-winning economist says
Experts say Trump's proposed tariffs would only benefit the wealthiest Americans, and cause inflati…
Filip De Mott
2 mins read
Trump's pledge to deport the most US workers in history could trigger recession and an inflation spike, economist says
Trump has promised to carry out the largest deportation operation in US history, which risks settin…
Filip De Mott
3 mins read
President Biden's new budget wants to bring back the child tax credit and make sure Americans don't face Social Security cuts all while taxing billionaires and big companies more
President Joe Biden's latest budget proposal would expand the child tax credit and create a paid-le…
Juliana Kaplan,Ayelet Sheffey
2 mins read
The IRS's free tax filing system is officially open. Here's everything you need to know.
The IRS launched the Direct File tax program in March and residents of 12 states are eligible for t…
Allie Kelly
2 mins read
Sitharaman underlines Centre's support to states via timely tax devolution, GST compensation arrears
In her remarks, the Union finance minister underlined the government's support to states through ti…
PTI
4 mins read
A boomer couple who retired early to Colombia explains their 'exit strategy' and how much they now pay in monthly expenses
John and Susan Pazera said moving abroad was the only way they could have an early retirement.
Ayelet Sheffey
1 min read
Govt hikes windfall tax on crude petroleum, cuts levy on diesel
The government has hiked windfall tax on domestically produced crude oil to Rs 4,600 per tonne from…
PTI
5 mins read
For some millennials, the reality of their retirement plans is that they're a fantasy
New data shows a significant gap with how much millennials expect they need to retire ($1.7 million…
Dan DeFrancesco
3 mins read
Biden's tariffs don't loosen China's grip on one key mineral in the EV economy
The CEO of Sila, a battery materials startup, says delaying graphite tariffs will slow investment …
Catherine Boudreau
2 mins read
The EU slapped massive tariff hikes on China's EV giants. Investors don't seem to care.
Share prices of most Chinese electric vehicles surged on Thursday.
Huileng Tan
2 mins read
Buying a first home is 'prohibitively expensive' and 'almost impossible' for many, says Janet Yellen
Soaring home prices and surging mortgage rates have ruled out home ownership for many people, said …
Theron Mohamed
2 mins read
Trump says he wants huge tariffs if elected. That could send inflation spiking.
In an interview with Time Magazine, Trump pushed back on the widely held idea that tariffs on overs…
Filip De Mott
2 mins read
The US needs to hike taxes or slash social programs to rein in the soaring deficit, but probably won't do either, Paul Krugman says
The US can either hike taxes or slash social programs to rein in its budget deficit. It's unlikely …
Jennifer Sor
5 mins read
Their landlord hiked their rent by 25%, so they applied for the NYC housing lottery. On the 25th try, luck was on their side.
Winning the housing lottery is a pipe dream for most applicants: In 2018, The New York Times report…
Amanda Goh
3 mins read
Interim Budget 2024: FY25 capex hiked 11%; no change in tax slab, says FM Sitharaman
Finance Minister Nirmala Sitharaman is presenting the Interim Budget 2024-25 at Parliament on Thurs…
1 min read
The US's blowout debt burden is one piece of a global problem, IMF warns
"Loose fiscal policy in the United States exerts upward pressure on global interest rates and the d…
Filip De Mott
4 mins read
I 'escaped' Texas for Tennessee. I loved the food and tech scene, but got tired of the heat and rising property taxes.
Jim Ward, who moved to Tennessee in 2021 after 20 years in Texas, said his life has greatly improve…