Tax

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X @Forbes
Forbes· 2025-07-05 15:46
While 11 schools, including Princeton, MIT, and Yale were hit with a higher tax on their endowments’ investment earnings, Congress exempted wealthy small schools, including Swarthmore and Hillsdale, from the levy. https://t.co/9Vh7E0epAU (Photo: Jim West/ZUMA Press/Newscom) https://t.co/WPwhkVeTve ...
X @The Wall Street Journal
The Wall Street Journal· 2025-07-04 17:53
Here are five ways the tax-and-spending package focuses on immigrants for savings https://t.co/dEXGNfkU72 ...
X @BBC News (World)
BBC News (World)· 2025-07-04 17:01
Trump to sign sweeping tax and spending bill into law https://t.co/fwMJ80Ybbm ...
Trump’s megabill heads to final vote after Republican divisions nearly derail it
CNBC Television· 2025-07-03 10:50
House Republicans moving President Trump's tax and spending bill one step closer to the finish line in a marathon session overnight. Emily Wilkins joins us now with the very latest. Emily.Hey Melissa. Yeah, I mean that Trump mega bill, it could pass the House in the next hour after Speaker Mike Johnson and his team again up all night putting the pressure on roughly a dozen holdouts to back the bill. And they got everyone to yes.All but one Republican voted just a few hours ago to advance the bill on a proce ...
X @Bloomberg
Bloomberg· 2025-07-03 07:53
House Republicans overcame a critical procedural hurdle to advance Donald Trump’s massive tax and spending package https://t.co/bY20OvIQpz ...
Starmer's Office Scrambles to Show Support for Reeves
Bloomberg Television· 2025-07-02 19:04
UK Economic & Political Uncertainty - Keir Starmer's initial reluctance to support Rachel Reeves raises questions about internal party dynamics and potential leadership challenges [1][2] - Speculation suggests a possible change in Chancellor of the Exchequer, potentially impacting market confidence and government stability [3] - The government's backtracking on proposed welfare changes reveals a £5 billion fiscal hole, hindering economic growth and tax cut promises [5] Market Reaction & Fiscal Policy - The UK market faces potential instability, reminiscent of the "Liz Truss" era, with concerns over unfunded tax cuts and bond market reactions [4][6] - Rachel Reeves' credibility with the bond market is crucial; her departure could trigger increased speculation and market volatility [7][8] - The ability to grow the UK economy and avoid tax increases is uncertain, given the government's recent policy setbacks [5][6] Budget & Economic Outlook - The upcoming budget, to be presented by either Rachel Reeves or a new Chancellor, faces significant challenges in achieving economic growth without raising taxes [6] - Failure to pass proposed changes raises concerns about the government's ability to manage the economy and fulfill its promises [5][6] - The UK is in a "waiting period," with close attention on key figures and their potential impact on economic policy [4][5]
'Middle class gets completely screwed': Dem lawmaker SLAMS Trump's megabill
MSNBC· 2025-07-02 16:10
And now joining us is Democratic Congresswoman Angie Craig of Minnesota. She serves as the ranking member of the Agriculture Committee. Thanks so much for taking the time.We've talked about all these outside estimates that this bill will add trillions to the national debt, will result in millions of Americans losing healthc care coverage because of those Medicaid cuts. And listen to this. The Ale Budget Lab says if this bill is signed into law, the bottom 20% of earners would see a roughly 3% decrease in in ...
Trump Tax Bill Will Pass House by July 4, McCarthy Says
Bloomberg Television· 2025-07-02 13:00
Megan McCarthy. Welcome back to the program, sir. It's good to get your thoughts.I want to lead with the question that Anne-Marie asked a little bit earlier on the program. When you're herding cats on Capitol Hill, is it easier or harder when the president of the United States is Donald Trump. Oh, it's so much easier.President Trump is stronger today than he was at any time in his political career. President Trump is stronger in the House. Remember, just to get this bill out of the House.They all said they ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-07-02 00:38
BREAKING:Elon Musk has been calling for the end of Subsidies including EV since 2013.Elon Musk (@elonmusk):Yes, am arguing against subsidies and in favor of a tax on the end bad created. Market will then achieve best solution. ...