Government taxation and revenue

September 15, 2020 - 1:53 pm
WASHINGTON (AP) — The Trump administration said Tuesday that it is dropping taxes on Canadian aluminum, easing tensions with a close ally just hours before Canada was prepared to impose retaliatory sanctions. The Office of the U.S. Trade Representative said the U.S. is ending the 10% tariffs a...
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Democratic presidential candidate and former Vice President Joe Biden speaks about climate change and wildfires affecting western states, Monday, Sept. 14, 2020, in Wilmington, Del. (AP Photo/Patrick Semansky)
September 14, 2020 - 7:33 pm
WASHINGTON (AP) — The Latest on the U.S. presidential campaign (all times local): 8:20 p.m. Democratic presidential nominee Joe Biden is promising to “restore dignity for everyone, especially the poor” if he defeats President Donald Trump in November. Biden made his pledge Monday to an online...
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FILE - In this Aug. 20, 2020, file photo Democratic presidential candidate former Vice President Joe Biden speaks during the fourth day of the Democratic National Convention at the Chase Center in Wilmington, Del. The former senator and vice president backs an active federal government that he says should support but not constrict private enterprise, and he believes the highest federal tax burden should fall on the wealthiest. (AP Photo/Andrew Harnik, File)
September 13, 2020 - 2:28 pm
ATLANTA (AP) — President Donald Trump describes Democratic challenger Joe Biden as a “tool” of “radical socialists” who are bent on taxing every American business and household into bankruptcy. Some progressives say Biden is a corporate crony who will never address systemic inequalities in U.S...
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FILE - In this May 14, 2020, file photo, California Gov. Gavin Newsom discusses his revised 2020-2021 state budget during a news conference in Sacramento, Calif. Spending cuts are compounding for schools and state programs, reserve funds are dwindling, and some governors have begun proposing new taxes and fees to shore up state finances shaken by the coronavirus pandemic. With Congress deadlocked over a new coronavirus relief package, many states haven't had the luxury of waiting to see whether more federal money will come their way. (AP Photo/Rich Pedroncelli, Pool)
September 06, 2020 - 9:24 am
Spending cuts to schools, childhood vaccinations and job-training programs. New taxes on millionaires, cigarettes and legalized marijuana. Borrowing, drawing from rainy day funds and reducing government workers' pay. These are some actions states are considering to shore up their finances amid a...
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September 04, 2020 - 4:16 pm
BELLEVUE, Wash. (AP) — The Seattle suburb of Bellevue may soon be Amazon’s unofficial “HQ3.” The Seattle-based tech giant announced Friday that it was expanding its workforce footprint in Bellevue, with new office space plans that will host a total of 25,000 employees in the next several years, the...
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September 03, 2020 - 7:32 am
GENEVA (AP) — A Swiss region that has billed itself as a hub for high-tech finance said Thursday that it plans to accept cryptocurrencies Bitcoin and Ether for tax payments starting next year. Switzerland's Zug canton joins its eponymous main city and several Swiss towns in agreeing to take tax...
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September 03, 2020 - 12:13 am
LOS ANGELES (AP) — The Los Angeles City Council declared a fiscal emergency on Wednesday, paving the way to furlough about 15,000 employees as the city struggles with an economic body blow from the coronavirus pandemic. Another 1,280 employees would receive $80,000 in cash incentives as part of an...
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President Donald Trump speaks at a news conference in the James Brady Press Briefing Room at the White House, Monday, Aug. 31, 2020, in Washington. (AP Photo/Andrew Harnik)
September 01, 2020 - 1:47 pm
NEW YORK (AP) — A federal appeals court on Tuesday blocked a New York prosecutor from obtaining Donald Trump’s tax returns while his lawyers continue to fight a subpoena seeking the records. The three-judge panel ruled after hearing brief arguments from both sides. Trump's lawyers had asked for a...
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President Donald Trump speaks from the South Lawn of the White House on the fourth day of the Republican National Convention, Thursday, Aug. 27, 2020, in Washington. (AP Photo/Evan Vucci)
August 28, 2020 - 9:05 pm
WASHINGTON (AP) — The Trump administration on Friday allowed employers to suspend collection of some Social Security taxes, although business groups don't like the idea and it may create political headaches for Republicans. Democrats are already saying it would undermine retirement benefits. The...
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Barcelona's Lionel Messi leaves the pitch after the the Champions League quarterfinal soccer match between Barcelona and Bayern Munich in Lisbon, Portugal, Friday, Aug. 14, 2020. Bayern won the match 8-2. (Rafael Marchante/Pool via AP)
August 28, 2020 - 5:15 am
MADRID (AP) — First it was Neymar. Then Cristiano Ronaldo. And now, very likely, it will be Lionel Messi. The Spanish league is about to see another top player leave one of its clubs, all within a four-year span. Messi’s departure would be another unwanted setback for the league, though it hopes to...
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