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To Gift, or not to Gift: Income Taxes vs. Estate Taxes | JD Supra
JD Supra· 17 hours agoGiving assets away during lifetime to reduce estate taxes due upon your death is not the “no-brainer” it used to be. Income tax, gift tax and estate < ...
Norway's tax-the-rich drive provokes widening business backlash
Bloomberg via Yahoo Finance· 17 hours agoIn a government white paper in 2021, officials wrote that “it is necessary to diversify the...
Starmer Can Raise Taxes on Banks, Pensions Without a Big U-Turn
Bloomberg via Yahoo News· 11 hours ago(Bloomberg) -- Britain’s opposition Labour Party has ruled out a wide range of tax increases if it...
Analysis-Super-rich may quit UK over Labour plans for inheritance taxes on trusts
Reuters via Yahoo News· 18 hours agoPrivate banks and advisers to Britain's super-rich say some clients may quit the country if Labour...
How the Tories squeezed the life out of the top 1 per cent
The Telegraph via Yahoo Finance· 7 days agoThis is likely because of rising asset prices – as higher earners are more likely to draw an income...
3 Tax Advantages You Can Learn From Elon Musk
GOBankingRates via Yahoo Finance· 5 days agoDespite being the world's wealthiest person, Elon Musk's taxes are pretty simple. In a 2021 interview16:14] with executives from The Babylon Bee, Musk...
Trump’s Pledge to Leave Cash Tips Untaxed Doesn’t Hold up
The New Republic via Yahoo News· 4 days agoThis solution was also part of the Democrats’ failed effort in 2021 to raise the hourly federal...
Starmer banks on economic growth to 'rebuild Britain'
BBC via Yahoo News· 1 day agoIt has not made the same commitment for capital gains tax, charged on profits from selling assets,...
IFS urges council tax and ‘road tax’ reform as parties unveil fiscal plans
Press Association News via AOL· 4 days agoIn a paper...looms ever larger, with many of the easiest ways to reduce emissions now all but...
It's important to look at public finance when comparing taxes | John Hood
Gannett via AOL· 6 days agoWe rely more on personal income tax (31% of tax collections in 2021) and sales tax (26%) than does...