Trump’s tariffs are raising prices, data show
In an interview with Fox News on Sunday, Commerce Secretary Howard Lutnick bragged about the "amazing" revenue that the Trump administration's tariffs are delivering to the U.S. Treasury. "The tariff…
Tag: Taxes
Reeves said she wouldn’t tax ‘working people’ – what she did was worse | Personal Finance | Finance
Reeves and PM Keir Starmer pledged not to increase the big three personal taxes: income tax, national insurance (NI) or VAT. They were only playing with words, of course.In last October's Budget. Reeves unleashed a…
Vance Touts One Big, Beautiful Bill to Ohio Factory Workers
Vice President JD Vance arrived at the Akron-Canton Airport on Monday to promote the One Big Beautiful Bill Act at the Metallus factory. The Daily Signal was present as part of the vice president’s pool. Vance highlighted…
Calls grow for Bank of England to reverse £5bn hit on bond sales | Politics | News
Taxpayers could be spared up to £5bn next year if the Bank of England changes course on its controversial bond sale programme , experts have said.Analysts at Deutsche Bank have urged the Bank, led by Governor Andrew Bailey,…
New Rachel Reeves U-turn as inheritance tax on bereaved military famil | Politics | News
Rachel Reeves has reportedly made another policy U-turn after scrapping plans to introduce new inheritance tax changes on bereaved military families. The Chancellor has abandoned a proposal to tax death in service payments…
Average Canadian family spends 42% of income on taxes, more than food and housing
Thu Jul 24, 2025 - 1:03 pm EDT (LifeSiteNews) — Canadian families are spending 42 percent of their income on taxes, more than food and shelter costs. According to a study published July 22 by the Fraser Institute, in 2024,…
Fury erupts over illegal migrants gambling taxpayer money | Politics | News
Anger has erupted over reports that asylum seekers are using taxpayers' money to pay for gambling. The Home Office has launched an investigation after more than 6,500 transactions were attempted online and at sites such…
Trump’s trade deal with Japan is another loser for Americans
The Trump administration is touting a "massive" trade deal with Japan that was struck just days before the (still uncertain) August 1 deadline when higher tariffs are set to hit. But, as with earlier…
A Social Security bailout would cost younger workers $157,000 in higher taxes
The Social Security trust fund will go bankrupt in 2033 according to the Old-Age, Survivors, and Disability Insurance (OASDI) trustees. With neither Democrats nor Republicans appearing willing to reduce benefits or increase…
Peer fury as it emerges Lords’ £9.6m door may have cost even more | Politics | News
The House of Lords has been slammed after they claimed that staffing a £9.6 million door full-time due to breakdowns had not cost the taxpayer a single extra penny. Peers were shocked when, after months the authority finally…
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