Tax Policy Reform

President Trump urged House Speaker Mike Johnson to raise the tax rate on the wealthiest Americans and close the carried interest loophole for Wall Street investors. House Republicans are preparing to unveil legislation to extend Trump's 2017 Tax Cuts and Jobs Act while eliminating taxes on tip income, overtime pay, and Social Security benefits.

Inheritance Tax Policy and Impact on Family Farms

Key backer of Labour policy suggests raising £1 million threshold for inheritance tax to spare family farms, sparking protests from rural groups and MPs. Farmers fear impact on working family farms and potential suicide risks among older farmers.

Political Speech Comparisons

President Joe Biden visited Pennsylvania while former President Donald Trump was in court. Biden made misleading claims about Trump's statements on COVID-19 and the economy. He also inaccurately stated the impact of the Inflation Reduction Act on Medicare. Biden also made false claims about the tax rate of billionaires and Trump's stance on Social Security and Medicare. New CDC guidance advises longer isolation for COVID-19.