Government taxation and revenue

Britain's Chancellor Rishi Sunak leaves 11 Downing Street in London, Tuesday, Oct. 20, 2020. (AP Photo/Kirsty Wigglesworth)
October 21, 2020 - 3:59 am
LONDON (AP) — The U.K. government's borrowing rose to the highest level on record in the first half of the financial year as tax revenue fell and authorities spent billions of pounds to prop up an economy ravaged by the coronavirus pandemic. The Office for National Statistics said Wednesday that...
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President Donald Trump waves after a campaign rally at Erie International Airport, Tom Ridge Field, Tuesday, Oct. 20, 2020, in Erie, Pa. (AP Photo/Evan Vucci)
October 20, 2020 - 9:14 pm
WASHINGTON (AP) — President Donald Trump spent a decade unsuccessfully pursuing projects in China, operating an office there during his first run for president and forging a partnership with a major government-controlled company, The New York Times reported Tuesday. China is one of only three...
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President Donald Trump speaks during an NBC News Town Hall with moderator Savannah Guthrie, at Perez Art Museum Miami, Thursday, Oct. 15, 2020, in Miami. (AP Photo/Evan Vucci)
October 15, 2020 - 10:15 pm
WASHINGTON (AP) — The latest on the presidential campaign (all times local): 11:10 p.m. President Donald Trump’s campaign and Republicans raised $247.8 million in September — better than the month before, but still lagging far behind his Democratic challenger Joe Biden, who raised $383 million over...
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Robert and Dorothy Brockman attend an intimate al fresco dinner celebrating the Rice University groundbreaking of James Turrell's Rice University Skyspace project at the home of Phoebe and Bobby Tudor, Tuesday evening, May 17, 2011, in Houston. Federal prosecutors have charged Texas billionaire Robert Brockman in a $2 billion tax fraud scheme that they say is the largest such case against an American. (Dave Rossman/Houston Chronicle via AP)
The Associated Press
October 15, 2020 - 5:58 pm
SAN FRANCISCO (AP) — Federal prosecutors charged Texas billionaire Robert Brockman on Thursday with a $2 billion tax fraud scheme in what they say is the largest such case against an American. Department of Justice officials said at a news conference that Brockman, 79, hid capital gains income over...
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FILE - This combination of Sept. 29, 2020, file photos shows President Donald Trump, left, and former Vice President Joe Biden during the first presidential debate at Case Western University and Cleveland Clinic, in Cleveland, Ohio. Amid the tumult of the 2020 presidential campaign, one dynamic has remained constant: The Nov. 3 election offers voters a choice between substantially different policy paths. (AP Photo/Patrick Semansky, File)
October 12, 2020 - 1:47 pm
WASHINGTON (AP) — Amid the tumult of the 2020 presidential campaign, one dynamic has remained constant: The Nov. 3 election offers voters a choice between substantially different policy paths. President Donald Trump, like many fellow Republicans, holds out tax reductions and regulatory cuts as...
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This long exposure photo shows streaks of lights from the cars passing by a Tokyo 2020 Olympics and Paralympics sign on the side of a building Monday, Oct. 12, 2020, in Tokyo, as the sky is colored by the sunset. (AP Photo/Kiichiro Sato)
October 12, 2020 - 7:44 am
LONDON (AP) — A global economic watchdog on Monday proposed an overhaul of international tax rules to make sure big tech companies pay their dues, and warned that failure to adopt it would make the economic recovery from COVID-19 harder. The Paris-based Organization for Economic Cooperation and...
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Internal Revenue Service Commissioner Charles Rettig prepares to testify before a House Committee on Oversight and Reform hearing on Wednesday, Oct. 7, 2020, in Washington. (Tasos Katopodis/Pool via AP)
October 07, 2020 - 3:44 pm
WASHINGTON (AP) — The head of the IRS, on the defensive over millions of Americans in danger of missing coronavirus relief payments, said Wednesday the agency is reaching out to low-income and homeless people, military personnel and veterans and those with limited English to notify them they may be...
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FILE - In this Aug. 27, 2018, photo, Trump Tower, center, stands on New York's Fifth Avenue. An obscure function of Congress may have once put President Donald Trump's tax information in the hands of congressional staff. But even if it did, that doesn't mean staffers can give access to Trump's tax returns to lawmakers, at least not legally. (AP Photo/Mark Lennihan, File)
The Associated Press
October 07, 2020 - 4:25 am
WASHINGTON (AP) — It’s one of the most obscure functions of Congress, little known or understood even by most lawmakers. But it may have once put staffers in possession of one of the most enduring mysteries of the Donald Trump era: his tax data, which The New York Times revealed to the world. The...
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FILE - In this April 23, 2020, file photo, President Donald Trump's name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak, in San Antonio, Texas. A federal judge says the IRS can't keep withholding coronavirus relief payments from incarcerated people, potentially clearing the way for at least 80,000 checks totaling more than $100 million to be sent to people behind bars across the United States. The ruling from U.S. District Judge Phyllis J. Hamilton late last month gives the IRS until Oct. 24 to reconsider the payments for those who were denied or had their money intercepted solely because of their incarceration. (AP Photo/Eric Gay, File)
October 06, 2020 - 2:19 pm
BOISE, Idaho (AP) — A U.S. judge says the IRS can't keep withholding coronavirus relief payments from incarcerated people, potentially clearing the way for at least 80,000 checks totaling more than $100 million to be sent to people behind bars across the United States. The ruling from U.S. District...
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Sen. Pat Toomey, R-Pa., speaks during a ceremony Wednesday, Sept. 18, 2019, in Washington. Toomey will not seek re-election in 2022, according to a person with direct knowledge of Toomey's plans, Sunday, Oct. 4, 2020. (AP Photo/Alex Brandon)
October 05, 2020 - 4:41 pm
BETHLEHEM, Pa. (AP) — Republican U.S. Sen. Pat Toomey of Pennsylvania will not seek reelection in 2022 and plans to leave public service, he confirmed, a surprise move for the fiercely anti-tax and anti-regulation lawmaker who had been seen as the favorite to be the party's nominee for governor in...
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