‘That’s unprecedented’: Kevin O’Leary slams Donald Trump’s tax bill as ‘war on small business’

[ad_1] Kevin O’Leary slams Donald Trump’s tax bill as ‘war on small business’ (Picture credit: AP, ANI) Investor and entrepreneur Kevin O’Leary has come out swinging against US President Donald Trump’s proposed tax plan, labelling a key portion of it as “anti-American” and a direct attack on small businesses.Speaking on Fox Business’s Varney & Co. […]

Canada reduces income tax in first cabinet meeting of Carney government. How will it benefit Indians there?

[ad_1] Mark Carney government reduced income tax in its first decision after coming to power. The first cabinet meeting of the Mark Carney government decided to reduce the income tax for 22 million Canadians starting from July 1. This will help some families to save up to $840 a year, according to a calculation given […]

In Trump Tax Package, Republicans Target SNAP Food Program

[ad_1] House Republicans on Monday proposed a series of sharp restrictions on the federal anti-hunger program known as food stamps, seeking to limit its funding and benefits as part of a sprawling package to advance President Trump’s tax cuts. The proposal, included in a draft measure to be considered by the House Agriculture Committee this […]

How the End of a U.S. Tax Loophole Hurts Chinese Companies

[ad_1] A loophole that has allowed American shoppers to buy lots of cheap goods from mainland China and Hong Kong without paying tariffs and filling customs forms is closing on Friday. Meaghan Tobin, a correspondent for The New York Times covering business in Asia, explains. [ad_2] Source link

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

[ad_1] 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 […]

President Trump floats new tax cut to ease bite of tariffs

[ad_1] 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 […]

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

[ad_1] 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 […]

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

[ad_1] 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 […]

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

[ad_1] 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 […]

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

[ad_1] 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 […]