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Millionaire Tax: What is the millionaire tax that Trump says he loves but his party doesn’t?

Donald Trump said many Americans will have zero tax, thanks to his tariffs. Millionaire tax is something that President Donald Trump said he’s open to, but is getting a lot of pushback from his party. In his recent interview with TIME, he said he would love to tax those who earn more than 1 million […]

President Trump floats new tax cut to ease bite of tariffs

President Trump suggested Sunday his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year, as public anxiety rises over his economic agenda. Trump has previously argued tariff revenue could replace income taxes, though economists have questioned those claims. “When tariffs cut in, many people’s income taxes will be […]

Trump withdraws US from global tax deal, reignites clash over big tech and billionaire levies

Efforts to establish a coordinated global tax regime for tech giants and ultra-wealthy individuals are unraveling, as US President Donald Trump pulls back support and threatens new tariffs. The move has reopened transatlantic tensions and cast uncertainty over years of negotiations aimed at curbing tax avoidance and closing loopholes exploited by multinationals.Tech tax standoffOn February […]

Canada elections 2025: Mark Carney’s Liberals outline $130 billion spending on defence, housing, tax cuts

Canada PM and Liberal Party leader Mark Carney Canada’s prime minister Mark Carney on Saturday unveiled the Liberal Party’s “platform” (election manifesto) for the federal election scheduled for April 28. Also Read | Canada elections 2025 explained: Who’s running, who can vote, what to watch and why it matters“In a crisis, you need a plan. […]

‘Tariffs don’t bring manufacturing back. They’re just a tax on Americans’: China targets US public amid escalating trade war

As tensions deepen in the US-China trade war, Beijing appears to be shifting tactics by addressing the American public directly, instead of engaging solely with the Trump administration. In its latest effort, China has launched a social media campaign to counter the prevailing belief among many Americans that tariffs imposed by President Donald Trump primarily […]

Republican split stalls Trump’s tax plan as House cancels key budget vote

US Congress failed to pass a crucial budget resolution on Wednesday, delaying President Donald Trump’s sweeping tax cut proposals. Internal disagreements among Republicans, particularly House conservatives demanding deeper spending cuts, forced leadership to cancel the vote. The delay threatens Trump’s broader agenda, including border security and energy plans, while exposing tensions within the GOP’s slim […]

Trump’s approval rating today: Majority of Americans consider tariff as ‘largest peacetime tax hike’

Donald Trump faces challenge as his tariffs hit global economy. As America grapples with volatile markets triggered by Donald Trump’s reciprocal tariffs to countries, a new YouGov Survey revealed that a majority pf American adults are deeply skeptical about the policy and more than half of those polled said they regard the policy as the […]

Bye-bye paycheck taxes? Mississippi and Kentucky plan to eliminate state income tax for first time in decades

In a move that could reshape the way Americans are taxed at the state level, Mississippi and Kentucky have launched ambitious plans to eliminate personal income taxes—something no US state has done in more than four decades.The last time this happened was in 1980, when oil-rich Alaska scrapped its income tax. Now, with budget surpluses […]

‘Tax the rich, not penguins’: Cheeky slogans at ‘Hands Off!’ protests target Trump, Musk

Thousands gathered at the ‘Hands Off’ protest Crowds in cities across the United States and beyond took to the streets on Saturday, raising homemade signs and chants aimed at US President Donald Trump and billionaire Elon Musk, in what organisers called the largest coordinated protest since Trump began his second term after assuming office this […]

Mike Pence On Trump Tariff: ‘Largest peacetime tax hike’: Mike Pence slams Trump tariff. MAGA says he’s just bitter

Mike Pence slammed Trump tariff and said this will decimate real family income. Mike Pence who was the vice president in Donald Trump‘s first term claimed that the tariffs that Trump announced on April 2 are nearly ten times more than those imposed during the Trump-Pence administration. Calling the reciprocratory tariffs the largest peacetime tax […]