#tax-policy

#tax-policy

Luxury properties in exclusive London locations like Chester Square and Montpelier Square are struggling to sell, with many homes sitting unsold for months or years despite price cuts.

"We're hearing that the House has passed the megabill after it got through the Republican Senate. Now it's on its way to President Trump's desk, and he's going to sign it. When he does, he will create some of the biggest tax breaks for billionaires in history, even more wealth to the wealthiest Americans."

"We continue to be the only country on Earth where tips replace wages completely. In most of the world, the idea of tips being a replacement for wages is absurd."

Rangel was a longtime U.S. congressman from Harlem and the chair of the Ways and Means Committee, considered the most important committee in the House.

"The democratic socialist still has to win the multi-party race in November, but already rumor has it that tax increases he wants to impose on wealthy New Yorkers will result in an exodus of Wall Street executives and some corporate headquarters."

Trump stated that Canada’s digital services tax is a direct attack on the US, leading to an immediate end to trade talks and upcoming tariffs.

"I don't think we have a project we're focused on as much as a responsibility to the community that we're focused on, and that's figuring out ways to bring jobs," said Davis.

The proposed 'Britannia Card' allows wealthy non-domiciled individuals to avoid UK tax on foreign earnings for a one-off fee of £250,000 every 10 years.

In exchange for a one-off payment of 250,000, wealthy foreigners and returning expats could benefit from a bespoke tax regime, promising tax-free status.

The Senate proposed significant Medicaid cuts, restoration of clean-energy tax credits, and a permanent extension of Trump's tax cuts, raising concerns about fiscal responsibility.

The new House bill extends and enhances several benefits from the TCJA, notably increasing the Qualified Business Income deduction from 20% to 23%, providing a substantial boost for entrepreneurs.

"Oakland's planned tax continues the cost-shifting tradition, burdening today's and future property owners due to past fiscal irresponsibility with public pensions."

The Senate version of the so-called endowment tax is better, but it's still bad and harmful tax policy, said Steven Bloom, assistant vice president of government relations at the American Council on Education.

A recent poll shows that a significant portion of Americans perceive the Supreme Court as a partisan body, reflecting growing concerns over its impartiality.

But they don't-at least not in any statistically meaningful way. Studies have shown for years that the rich largely move for career purposes, personal reasons, or even climate.

It's unfortunately the case that for the last 35 years, we have been five years away from the IRS being modernized. We will not say that in the 36th year.