(NEW ORLEANS (WGNO) — Louisiana taxpayers are filing under a new income tax system for the first time this year, and state leaders say many families could see the difference when refunds arrive. The changes were passed during a 2024 special legislative session and include a lower flat tax rate and a larger standard deduction….
Rachel Reeves is reportedly considering raising income tax in November’s budget, as well as a new mansion tax on properties worth over £2m. Economists have suggested the chancellor will need to find between £20bn and £50bn to meet her goal of balancing day-to-day spending with tax receipts in 2029/30, and at least maintaining a buffer…
Rachel Reeves raised taxes by £40bn in last October’s Budget, and now she is hinting at even further increases – Jordan Pettitt/AFP Sir Keir Starmer, to his party faithful in Liverpool for last week’s annual conference, said: “A Labour party that cannot control spending is a Labour Government that cannot govern. “This is why the…