Hiking income tax would be the “least damaging” option for Chancellor Rachel Reeves, whereas raising VAT could push down harder on people’s real incomes, according to new economic analysis. The ...

Economist and moral philosopher Adam Smith, gospel to the Founding Fathers, advised those seeking optimal conditions for economic growth: “Little else is requisite to carry a state to the highest ...

Is dividend income from high-dividend companies exempt from comprehensive financial income taxation even if it exceeds 20 ...

In Seinfeld, George’s panic over “shrinkage” after a swim in cold water was harmless. In retirement, though, shrinkage is far more serious. Many retirees have looked back with regret after blowing ...

Rising living costs, longer life expectancy, and the growing gig economy mean RM1 million in EPF savings is no longer enough, ...

The first bill up at Wednesday morning’s jam-packed final meeting of the year for the S.C. House Ways and Means Committee was the tax conformity bill, which Rep. Brandon Newton told his colleagues the ...

Rachel Reeves has reportedly told the Office for Budget Responsibility (OBR) that she intends to increase income tax in her upcoming Budget. The Chancellor told the watchdog that a rise in personal ...

Progressives and union leaders say fear that millionaires will flee RI to avoid higher taxes is a "myth." Massachusetts collected more from its millionaires tax than expected and did not see an exodus ...

LONDON (Reuters) -British finance minister Rachel Reeves has no plans to raise income tax rates in this month's budget due to improved fiscal forecasts, a source said, a policy U-turn that caused ...

A pitch to shore up Colorado’s Medicaid program and schools by ramping up taxes on the state’s wealthiest residents will likely go to voters next year under a proposal announced Wednesday morning by a ...

The proposed legislation would allow Indiana municipalities to collect more income taxes, in most cases, and would remove ...