tax

Treasury chief Kwasi Kwarteng said Monday that he will not scrap the top 45% rate of income tax paid on earnings above 150,000 pounds ($167,000) a year.

The British government has announced it will reverse plans to scrap the highest rate of income tax, following a major backlash to its proposed "growth plan."

Almost half of the money raised by British Prime Minister Liz Truss to fund her Conservative Party leadership campaign came from wealthy donors, according to official donation records published by Parliament on Wednesday.

Leaks from the DOJ that charges are imminent against Hunter Biden over tax and gun offenses suggest he is getting a sweet deal after a four-year investigation by Delaware US Attorney David Weiss.

The truck is expected to cost $180,000, although it would qualify for a tax break of up to $40,000 under a U.S. subsidy program approved by the Senate.

Prosecutors who are weighing whether to bring charges against Hunter Biden for tax crimes and making a false statement to purchase a gun are probing whether the first son could use his past drug addiction to beat the allegations.

The Issue: Reports that the Justice Department has enough to charge Hunter Biden with gun, tax crimes. All indications are that Hunter Biden will get a sweetheart plea deal before the midterms (“Charge him already!” Oct. 7). This will possibly...

Hunter Biden’s financial dealings and overseas exploits uncovered on the infamous laptop exposed by The Post could possible be used by prosecutors in their potential tax crimes case against him.

The Bank of England is struggling to contain a crisis triggered by the UK government's brash plans to borrow heavily to pay for tax cuts, feeding fears that the country's financial markets could once again spin out of control.

Hochul's political rivals say the move is just the latest instance of Hochul leveraging the powers of incumbency in her bid for a full term in office.

UK Prime Minister Liz Truss has fired finance minister Kwasi Kwarteng and ditched a big part of her discredited economic strategy in a desperate bid to rescue her month-old premiership.

The 24-page filing made with federal and state tax authorities shows that Hizzoner earned the bulk of his income in 2021 from his then-position as Brooklyn Borough President and from his police pension.

China praised Musk for saying that Taiwan should become a "special administrative zone" ruled by the Chinese Communist Party.

Gov. Kathy Hochul is spending lavishly to make herself popular — and she’s spending your future tax dollars to do it.

Petrone pleaded guilty to one count of filing a false tax return and one count of wire fraud on March 28.

"The Inflation Reduction Act has to do with your ability to get tax credits for buying -- if you need a new coffee machine, a new washer, a new refrigerator," Biden said. "And you buy an efficient refrigerator, efficient coffee machine, you get a tax...

Britain's new finance minister, just days into the job, will rush out details of a revised tax and spending plan on Monday in a frantic effort to control jittery markets.

London Breed lashed out at Tesla boss Elon Musk as "the person who got a ton of tax breaks in California and decided to take that money and run."

The cone-shaped buildings, called Trulli, in southern Puglia were strategically designed so they could be deconstructed to avoid taxes. "Stanley Tucci: Searching for Italy" airs Sundays at 9 p.m. ET.

The IRS put out a statement on Tuesday announcing that its tax brackets will increase by around 7% in an effort to offset record levels of inflation.