Five key takeaways from the UK’s tax-and-spending budget Chancellor Rachel Reeves announced a freeze on income tax rises, scrapping the two-child benefit cap and a mansion tax.Share this: House approves ‘millionaires tax,’ bill heads to Senate for confirmationDateMarch 10, 2026In relation toKing 5 News‘Millionaires tax’ receives Senate confirmation, heads to governor’s deskDateMarch 11, 2026In relation toKing 5 NewsWashington’s push for state income tax on $1M+ earners nears next phase of challengesDateMarch 11, 2026In relation toCapitol Hill Seattle