BIZARRE: 10 | Mind Blowing Facts

Poorest urban fringe electorates gain most from Labor’s first-term tax and welfare reform, ANU research shows

Exclusive: The wealthiest households on average will be nearly $800 worse off, modelling reveals, as a result of the rejigged stage-three tax cuts

The Guardian - AU · Apr 9, 2025

Top US companies spent three times as much on buybacks as taxes after Trump cuts – report

As president proposes new cuts, data shows 11 corporations collectively recorded nearly $500bn in profits since last cuts

The Guardian - US · Apr 9, 2025

Why tax literacy should be a national priority in Canada

The last time Canada’s political parties campaigned during a tax season was more than a decade ago. This year, taxes are a hot topic, and for good reason. Shortly after the federal election was called, the political parties began rolling out promises of tax cuts to win over voters.

The Conversation · Apr 8, 2025

Trump tariffs could help clear the way for bigger tax cuts as Congress eyes a potential revenue windfall — and a shrinking economy

Economists at Citi Research said in a note on Thursday that the aggressive tariffs "may now become a justification for larger tax cuts."

Fortune · Apr 5, 2025

House GOP won't be jammed by Senate on budget, leaders pledge - Roll Call

​Speaker Mike Johnson and his GOP leadership team on Saturday sought to tamp down a brewing revolt on the budget resolution.

Roll Call · Apr 5, 2025

Fractious Republicans Seek Unity Over Trump Tax Cuts

US senators were set to vote Saturday on unlocking trillions of dollars for sweeping tax cuts promised by President Donald Trump, despite bitter infighting among the majority Republicans over the savings that will be needed to fund them.

International Business Times · Apr 5, 2025

Senate begins long night of budget votes - Roll Call

The Senate kicked off a "vote-a-rama" Friday night on a revised budget blueprint that was expected to win adoption by early Saturday morning.

Roll Call · Apr 4, 2025

Republicans move ahead with Trump’s tax break bill and spending cuts

Critics are concerned that tax cuts may be implemented at the expense of key social services, such as healthcare and childcare support.

Euronews · Apr 4, 2025

What to know about President Donald Trump's vast array of tariffs

President Donald Trump followed through on his tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the US.

Euronews · Apr 3, 2025

Senate GOP's Budget Plan: $1.5T In Tax Cuts, $5T Debt Limit Hike—What You Need To Know

Republicans are using the accounting method called the "current policy baseline" to show that extending Trump's tax cuts would cost nothing. Democrats strongly oppose this, calling it "magic math" because it hides the true cost, which could be in the trillions.

International Business Times · Apr 3, 2025