Bessent Says White House Asked Congress to Eliminate Gas Tax
US Treasury Secretary Scott Bessent says the Trump administration has asked Congress to eliminate the gas tax during testimony before the House Ways and Means Committee.
US Treasury Secretary Scott Bessent says the Trump administration has asked Congress to eliminate the gas tax during testimony before the House Ways and Means Committee.
Bloomberg's Anna Kaiser joins Katie Greifeld on "Bloomberg Real Yield." Florida Governor Ron DeSantis unveiled a much-awaited proposal to gradually eliminate property taxes on the vast majority of primary homes in the state, a measure that would transform the way the state finances itself.
Anna Wong, chief US economist at Bloomberg Economics, joins Katie Greifeld on "Bloomberg Real Yield." Bloomberg Economics expects the May jobs report to show payrolls rising by 95,000.
Australia’s tech sector and leading economists have unified in a major pushback against the Albanese government’s proposed capital gains tax overhaul.
President Donald Trump says Democratic policies on crime and taxes were leading to an exodus of businesses and taxpayers from the nation's financial capital.
UK Chancellor of the Exchequer Rachel Reeves is set to announce a package of measures, dubbed "Great British Summer Savings," in an effort to ease cost-of-living pressures made worse by the Iran war. Bloomberg's James Woolcock reports.
The Albanese government is planning to ram controversial changes to capital gains tax and negative gearing through parliament before the July winter break.
Jim Chalmers will deploy fresh Treasury analysis to quell an investor outcry over federal budget changes to capital gains tax.
Federal budget trust tax hikes are forcing 350,000 Australian small businesses to restructure, triggering a massive state stamp duty crisis.
Jim Chalmers flags potential capital gains tax exemptions for Australian startups and venture capital following tech industry pushback on 2026 budget changes.