JUST IN: 🇺🇸 President Trump says US may "completely" cut income tax due to tariff revenue. https://t.co/7Fh7Kwfg4b ...

UK Chancellor Rachel Reeves confirms that she’ll keep income tax thresholds at their current level for a further three years after 2028 https://t.co/0ZDXrC5K2f https://t.co/APQPBGYFLd ...

The UK already has a very progressive income tax system, which is squeezing the top earners increasingly aggressively. If more tax can't be raised from that direction, how about increasing wealth taxes? It's harder than it looks. https://t.co/1cHSpWlKXH ...

UK consumer confidence tumbled in November, the British Retail Consortium said, as government hints about higher income tax in this month’s budget caused people to worry about the economy and their personal finances https://t.co/CeZbU6CJbK ...

Discover the eight U.S. states with no income tax—plus how Washington taxes capital gains, what other taxes you’ll likely pay instead, and what to consider before relocating. https://t.co/hyW5BzlYTu ...

RT Blake Neff (@BlakeSNeff)The American right has been trained to oppose any and all taxes, but this is a terrible idea.We must have taxes, and the distorting effects of property tax are far less than alternatives like income tax. Right now, America is crumbling apart because young people can’t afford homes while all wealth is accumulating to the old. Removing property taxes means higher taxes on working young people and higher home prices to the advantage of retirees, who are already America’s richest coho ...

James, we had Reeves saying in her speech last week or at least hinting that she was going to break the manifesto. Then it seemed she wasn't going to raise income tax in the budget and now we've got these latest developments on forecasts. What's going on. What's the thinking behind all of this.>> Well, do you understand the thinking. There are three constituencies you need to bear in mind. The public, Labour MPs, and the markets.Reeves is trying to keep all of them happy. And so that was why two weeks ago s ...

UK Chancellor Rachel Reeves is considering dropping plans to raise the headline rates of income tax and a slew of other levies in her upcoming budget.Get more on the Bloomberg Daybreak Europe Podcast. https://t.co/X02IBGZx7b ...

Market Trends - The pound weakened following reports that UK Chancellor Rachel Reeves is abandoning plans to increase income tax [1]

Market Trends - Pound slides as Reeves Mulls Dropping Plan to Raise Income Tax [1] Financial Implications - FTSE 100 Live updates on market reactions [1]