The $124 Trillion 'Great Wealth Transfer' Explained
A seismic $124 trillion wealth transfer from Baby Boomers is underway. Discover which generations will benefit most and the profound economic implications.
Category : Search result: wealth taxes
Disney Heiress Demands Higher Taxes on the Rich
Abigail Disney, granddaughter of Roy Disney, argues wealthy like her should pay more tax, stating 'We don't need any more money.' Discover her proposals for tax reform.
Reeves' Budget to hit 100,000 homes with new levy
Chancellor Rachel Reeves is set to unveil a new mansion tax on 100,000 of Britain's most expensive properties in her Budget. Discover the full details of the new wealth taxes.
Reeves to scrap two-child benefit cap in Budget
Rachel Reeves plans a left-leaning Budget with new wealth taxes and an end to the two-child benefit cap to address a spending deficit and avert a Labour leadership challenge.
Reeves scraps child benefit cap in Budget U-turn
Chancellor Rachel Reeves is set to scrap the two-child benefit cap and introduce new wealth taxes in the Budget, aiming to appease Labour rebels and prevent a leadership challenge.
$124 Trillion 'Great Wealth Transfer' Underway
A seismic $124 trillion wealth transfer is reshaping finances. Discover which UK generations stand to inherit the most and the profound economic implications.
Billie Eilish's billionaire criticism sparks wealth debate
Pop icon Billie Eilish joins growing chorus demanding billionaires pay fair share as wealth inequality reaches crisis levels. Analysis of why the ultra-rich are under fire.
Labour's Motorist Tax Revolt: Highest Burden in 70 Years
Exclusive polling reveals British drivers' fury as Labour considers unprecedented tax hikes on motorists while slashing public spending. Discover how the budget could hit your wallet.
£70TN inheritance boom to worsen UK inequality
Leading economists warn that an unprecedented £70 trillion in wealth transfers over the next decade will dramatically widen the gap between rich and poor, creating a 'silver spoon' economy.
Billionaires double wealth while poverty crisis deepens
Shocking Oxfam report exposes how billionaires' wealth has doubled since 2020 while nearly 5 billion people face devastating poverty - with Trump's tax cuts fuelling the inequality fire.
US Billionaires' Wealth Soars by £698bn in One Year
America's ten wealthiest individuals saw their fortunes skyrocket by $698 billion over the past year, with Elon Musk and Jeff Bezos leading unprecedented wealth accumulation during economic uncertainty.
US Billionaire Wealth Surges to $5.5 Trillion
Exclusive analysis reveals staggering growth among US billionaires as their collective wealth surges to unprecedented levels, creating both economic opportunities and societal challenges.
Trump tariffs force Carter's layoffs and store closures
The iconic children's clothing manufacturer Carter's faces devastating layoffs and store closures as Trump-era China tariffs continue to cripple American businesses years after implementation.
HMRC: £2,240 Tax Refund Unclaimed - Check Eligibility
Millions of UK taxpayers could be owed substantial refunds as HMRC reveals thousands haven't claimed marriage tax allowance. Discover if you're eligible for this little-known benefit.
HMRC Can Change Your Tax Code Without Warning
Millions of UK taxpayers face unexpected tax code adjustments as HMRC uses real-time data to modify PAYE deductions. Discover how this affects your pay packet and what you can do about it.
Britain's stealth tax crisis demands urgent reform
As income tax thresholds remain frozen, millions face stealth tax rises while public services crumble. Explore why experts argue the current system is unsustainable and what fair alternatives could revitalise Britain's social infrastructure.
Trump tariff plan echoes Reagan's 1987 Canada trade war
Donald Trump's proposed blanket 10% tariff on imports mirrors Ronald Reagan's controversial 1987 lumber dispute with Canada, raising fears of renewed transatlantic trade tensions and economic fallout.
Tax threshold freeze could raise £12bn, hitting millions
A leading thinktank reveals extending the income tax threshold freeze until 2028 could generate £12bn for the Treasury while hitting workers with stealth tax rises as inflation pushes salaries into higher brackets.
£50k+ earners: crucial tax deadline warning
HMRC issues urgent warning to higher earners as 31 January self-assessment deadline approaches. Discover what you need to do to avoid penalties.
NatWest warns against bank tax hikes as profits soar
NatWest CEO Paul Thwaite urges UK government to resist increasing banking taxes despite reporting a 27% profit surge, warning it could harm competitiveness and economic growth.
Reeves faces backlash over flight tax plans for £30bn hole
Chancellor Rachel Reeves confronts mounting pressure as green taxes on flights and potential holiday surcharges emerge as controversial solutions to Britain's £30 billion fiscal shortfall, sparking industry outrage and consumer anxiety.
Billionaire wealth largely paper-based, study finds
Groundbreaking research reveals the staggering truth about billionaire wealth - much of it exists only on paper, creating a distorted picture of global inequality.
Trump Tariffs Target Mattel: Barbie Price Hike Fear
Former President Donald Trump's proposed 10% universal tariff could significantly increase costs for toy giant Mattel, potentially making Barbie dolls and other popular toys more expensive for UK consumers.
Australian 'Death Tax' Proposal Sparks Boomer Backlash
A controversial new inheritance tax proposal in Australia has ignited fierce debate, with older generations pushing back against what they're calling a 'death tax' that would redistribute wealth from estates to younger Australians.
UK holiday prices to soar with new tourism taxes
British holidaymakers face significant price increases as the government evaluates new taxes on tourism, with industry leaders warning of devastating impacts on travel affordability.
Trump Tariffs Threaten UK Consumer Price Surge
Exclusive analysis reveals how Donald Trump's proposed 10% universal tariff could trigger price surges on everything from cars to electronics for UK consumers, as economists warn of global economic fallout.
Trump threatens new China tariffs in explosive interview
Former President Donald Trump declares he would impose massive new tariffs on Chinese imports if re-elected, signalling a dramatic escalation in trade tensions that could reshape global markets.
Scottish workers pay highest taxes in UK
Exclusive analysis reveals how Scotland's progressive tax system is penalising ambition and creating the highest tax rates in Britain, with middle-earners facing unprecedented financial pressure.
Illinois Governor Redirects Gambling Revenue in Budget Move
Governor JB Pritzker proposes redirecting millions in gambling taxes to plug budget gaps, drawing criticism over funding priorities and social responsibility.
Labour unveils new taxes on wealthy in emergency budget
In a dramatic emergency budget, Chancellor Rachel Reeves has announced sweeping new taxes targeting Britain's wealthiest citizens while blaming Brexit and Conservative policies for the nation's economic crisis.
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