Budget 2024: how will the government raise revenue?
When Rachel Reeves gets up to deliver the Budget speech on 30 October it will be a "huge moment", not only because it will be delivered by the first female chancellor in the country's history, but ...
Musk's DOGE wants to 'delete' entire government agencies. Here's where the most people are employed and what they make.
Elon Musk and Vivek Ramaswamy have floated trimming head count at government agencies. BI looked at the biggest federal ...
Reason4mon
IRS Crackdown Nets Enough Revenue To Fund the Government for 90 Minutes
And the government will chew through all of it in less time than it takes to watch Jaws. Harvesting that extra revenue wasn't cheap, either. Taxpayers ponied up an additional $60 billion in new ...
Marketplace6d
Why the U.S. once relied on tariffs to raise revenue — and what it would mean to go back
President-elect Donald Trump has suggested he would cut or even eliminate income taxes, ramping up the role tariffs play ...
Explainer: How Musk's US government efficiency panel might work
President-elect Donald Trump has tasked billionaire Tesla CEO Elon Musk with setting up a panel to streamline the U.S.
MoneyWeek2mon
Why raising capital gains tax could reduce revenue for the government
It might seem straightforward to assume that higher tax rates would boost HMRC’s revenue. But hiking taxes does not necessarily lead to more money for the government. Let’s look at how much ...