trump season inflation jobs state deal year warns home trumps

The problem with taxing the rich

Fiscal systems designed around income and consumption struggle to capture wealth, and billionaires are highly mobile

Comments

Business News

FTSE 100 Live 17 September: Food inflation tops 5%, GSK unveils $30bn US plan

Evening Standard

FTSE 100 Live 17 September: Food inflation tops 5%, GSK unveils $30bn US plan

about 4 hours ago

Microsoft unveils record £22 billion investment in UK over next four years

Evening Standard

Microsoft unveils record £22 billion investment in UK over next four years

about 4 hours ago

UK inflation rate: Rising price of milk, beef and coffee hits shoppers in new cost-of-living squeeze

Evening Standard

UK inflation rate: Rising price of milk, beef and coffee hits shoppers in new cost-of-living squeeze

about 4 hours ago

Ben & Jerry’s co-founder quits after being ‘silenced’ by Unilever

Ben & Jerry’s co-founder quits after being ‘silenced’ by Unilever

about 4 hours ago

Barratt cautions over ‘limited growth’ as tax hike fears weigh on buyer demand

Barratt cautions over ‘limited growth’ as tax hike fears weigh on buyer demand

about 4 hours ago

US orders Delta and Aeromexico to dissolve their partnership over fairness concerns in Mexico

US orders Delta and Aeromexico to dissolve their partnership over fairness concerns in Mexico

about 5 hours ago

Democrats stake out opposition to spending bill, raising threat of a shutdown

Democrats stake out opposition to spending bill, raising threat of a shutdown

about 5 hours ago

Asian benchmarks are mixed after Wall Street edges down from record highs

Asian benchmarks are mixed after Wall Street edges down from record highs

about 5 hours ago

Why prosecutors charged Luigi Mangione with terrorism and a judge said no

Why prosecutors charged Luigi Mangione with terrorism and a judge said no

about 5 hours ago

South America's Mercosur bloc signs trade deal with 4 European countries

South America's Mercosur bloc signs trade deal with 4 European countries

about 5 hours ago

Amid bankruptcy, some Publishers Clearing House winners are facing the end of 'forever' prizes

Amid bankruptcy, some Publishers Clearing House winners are facing the end of 'forever' prizes

about 5 hours ago

Hong Kong leader unveils plans to boost economy and nurture emerging industries beyond finance

Hong Kong leader unveils plans to boost economy and nurture emerging industries beyond finance

about 5 hours ago

How major US stock indexes fared Tuesday, 9/16/2025

How major US stock indexes fared Tuesday, 9/16/2025

about 5 hours ago

Federal Reserve wrestles with how many interest rate cuts to make and how fast

Federal Reserve wrestles with how many interest rate cuts to make and how fast

about 5 hours ago

Ben & Jerry’s co-founder Jerry Greenfield resigns citing loss of independence under parent company

Ben & Jerry’s co-founder Jerry Greenfield resigns citing loss of independence under parent company

about 5 hours ago

UK inflation remains steady at 3.8% in August

UK inflation remains steady at 3.8% in August

about 5 hours ago

WWE Wrestlepalooza Full Card, Date, Time And How To Watch

WWE Wrestlepalooza Full Card, Date, Time And How To Watch

about 5 hours ago

‘Saiyaara’ Tops Netflix Global Top 10

‘Saiyaara’ Tops Netflix Global Top 10

about 5 hours ago

Food inflation at 18 month high - and experts predict worse to come

Food inflation at 18 month high - and experts predict worse to come

about 5 hours ago

UK inflation level announced ahead of Bank of England interest rates decision

UK inflation level announced ahead of Bank of England interest rates decision

about 5 hours ago

Get a pair of Skechers £80 fur-lined boots that 'feel like slippers' for £32 today

Get a pair of Skechers £80 fur-lined boots that 'feel like slippers' for £32 today

about 5 hours ago

More than a tribute act: Nissan's electric Micra is a carbon copy of the best EV on sale - should you buy one?

More than a tribute act: Nissan's electric Micra is a carbon copy of the best EV on sale - should you buy one?

about 5 hours ago

Deadline to opt out of Winter Fuel Payment has passed: What should you do now?

Deadline to opt out of Winter Fuel Payment has passed: What should you do now?

about 5 hours ago

GSK pledges $30bn US investment as UK's pharma woes deepen

GSK pledges $30bn US investment as UK's pharma woes deepen

about 5 hours ago

Costco is recalling bottle-shattering prosecco sold in a dozen states

Costco is recalling bottle-shattering prosecco sold in a dozen states

about 5 hours ago

A 26-year-old Google DeepMind researcher explains how he broke his perfectionist streak and got into leadership

A 26-year-old Google DeepMind researcher explains how he broke his perfectionist streak and got into leadership

about 5 hours ago

Meet Fyre Festival's new owners

Meet Fyre Festival's new owners

about 5 hours ago

Read the pitch deck these ex-DeepMind scientists used to raise $5 million for an AI 'algorithm factory'

Read the pitch deck these ex-DeepMind scientists used to raise $5 million for an AI 'algorithm factory'

about 5 hours ago

The Who Persevere Despite Technical Issues As Farewell Tour Continues

The Who Persevere Despite Technical Issues As Farewell Tour Continues

about 7 hours ago

Parity Prevails: Indiana Fever & Seattle Storm Force Series Game Three

Parity Prevails: Indiana Fever & Seattle Storm Force Series Game Three

about 7 hours ago

ACE Launches Legal Proceedings Against USA Cricket As Dispute Intensifies

ACE Launches Legal Proceedings Against USA Cricket As Dispute Intensifies

about 7 hours ago

What Time Is ‘South Park’ Season 27 Episode 5? How To Watch

What Time Is ‘South Park’ Season 27 Episode 5? How To Watch

about 7 hours ago

‘I Don’t Want To See Him Fight No More’ – Champ Wants Crawford To Retire

‘I Don’t Want To See Him Fight No More’ – Champ Wants Crawford To Retire

about 7 hours ago

Kevin Durant, Larry Fitzgerald And Other Athletes Participate In Rec’s $11 Million Series A Round

Kevin Durant, Larry Fitzgerald And Other Athletes Participate In Rec’s $11 Million Series A Round

about 7 hours ago

The fired head of the Bureau of Labor Statistics is warning about data manipulation

The fired head of the Bureau of Labor Statistics is warning about data manipulation

about 7 hours ago

Box's CEO says these are the 3 things startup founders should do — and it includes a reading list

Box's CEO says these are the 3 things startup founders should do — and it includes a reading list

about 7 hours ago

Elizabeth Banks, 51, credits 3 everyday habits for keeping her youthful

Elizabeth Banks, 51, credits 3 everyday habits for keeping her youthful

about 7 hours ago

NPR to trim $5 million this year as public radio stations struggle to pay bills

NPR to trim $5 million this year as public radio stations struggle to pay bills

about 7 hours ago

‘Dancing With The Stars’ Premiere Recap—See The Week 1 Scores And Leaderboard

‘Dancing With The Stars’ Premiere Recap—See The Week 1 Scores And Leaderboard

about 8 hours ago

Rare coin could sell for £50,000 but collector warns there's 'one catch'

Rare coin could sell for £50,000 but collector warns there's 'one catch'

about 8 hours ago

UK households warned over five common heating mistakes that add hundreds to bills

UK households warned over five common heating mistakes that add hundreds to bills

about 8 hours ago

LED face mask that 'transforms skincare routine' is £150 off with exclusive code

LED face mask that 'transforms skincare routine' is £150 off with exclusive code

about 8 hours ago

Brian Chesky said he thinks Airbnb should be growing a lot faster. Here's what he thinks it will take.

Brian Chesky said he thinks Airbnb should be growing a lot faster. Here's what he thinks it will take.

about 8 hours ago

Seattle Seahawks Great Marshawn Lynch Details His New Fragrance Line BEASTMODE: ‘It’s Immaculate’

Seattle Seahawks Great Marshawn Lynch Details His New Fragrance Line BEASTMODE: ‘It’s Immaculate’

about 10 hours ago

Man Arrested After Charlie Kirk Shooting Falsely Claimed He Was The Shooter, Utah Sheriff Says

Man Arrested After Charlie Kirk Shooting Falsely Claimed He Was The Shooter, Utah Sheriff Says

about 10 hours ago

DWP confirms top conditions for PIP claims offering up to £749 every four weeks

DWP confirms top conditions for PIP claims offering up to £749 every four weeks

about 10 hours ago

The founder of $2 billion AI website builder Framer says this is what designers should focus on to thrive in the age of AI

The founder of $2 billion AI website builder Framer says this is what designers should focus on to thrive in the age of AI

about 10 hours ago

Fired by Trump, a Former Labor Official Warns Against Politicizing Economic Data

Fired by Trump, a Former Labor Official Warns Against Politicizing Economic Data

about 10 hours ago

Trump’s TikTok deal could face hitch over billionaires’ stakes in China parent ByteDance: sources

Trump’s TikTok deal could face hitch over billionaires’ stakes in China parent ByteDance: sources

about 12 hours ago

The romance scam signs to look out for as over-55s frequently targeted for their money

The romance scam signs to look out for as over-55s frequently targeted for their money

about 12 hours ago

Santander UK urges overhaul of ‘antiquated’ home-buying process

Santander UK urges overhaul of ‘antiquated’ home-buying process

about 12 hours ago

Britons lose £1.5bn a year in failed house buys as government urged to fix ‘antiquated’ system

Britons lose £1.5bn a year in failed house buys as government urged to fix ‘antiquated’ system

about 12 hours ago

Bank highlights common jobs and excuses for needing money used in romance scams

Bank highlights common jobs and excuses for needing money used in romance scams

about 12 hours ago

Why Your Football Team’s Loss Hurts: A Neurosurgeon Explains The Science

Why Your Football Team’s Loss Hurts: A Neurosurgeon Explains The Science

about 12 hours ago

Today’s NYT Pips Hints And Solutions For Wednesday, September 17th

Today’s NYT Pips Hints And Solutions For Wednesday, September 17th

about 12 hours ago

IndyCar Returns To Phoenix By Crashing NASCAR’s 2026 Weekend

IndyCar Returns To Phoenix By Crashing NASCAR’s 2026 Weekend

about 12 hours ago

Stuart Vevers For Coach Beckons Beauty And Hope At NYFW

Stuart Vevers For Coach Beckons Beauty And Hope At NYFW

about 12 hours ago

Here’s How To Vote For ‘Dancing With The Stars’ Season 34

Here’s How To Vote For ‘Dancing With The Stars’ Season 34

about 12 hours ago

Dortmund Throw Away Two-Goal Lead As Juventus Secure Historic 4-4 Draw

Dortmund Throw Away Two-Goal Lead As Juventus Secure Historic 4-4 Draw

about 12 hours ago

PGA Tour Cancels 2026 Season Opening Event At Kapalua.

PGA Tour Cancels 2026 Season Opening Event At Kapalua.

about 12 hours ago