Government taxation and revenue

President Donald Trump's image is seen projected on a screen as he speaks at the Heritage Foundation's annual President's Club meeting, Tuesday, Oct. 17, 2017 in Washington. (AP Photo/Pablo Martinez Monsivais)
October 17, 2017 - 9:06 pm
WASHINGTON (AP) — President Donald Trump took his tax sales pitch to a conservative think tank Tuesday evening, arguing his plan would be a boon to the economy, boosting growth and jobs. "Let's give our country the best Christmas present of all: massive tax relief," Trump told the annual meeting of...
Read More
Senate Majority Leader Mitch McConnell, R-Ky., joined at right by Secretary for the Majority Laura Dove, walks from his office to the chamber for the start of the legislative day, at the Capitol in Washington, Tuesday, Oct. 17, 2017. (AP Photo/J. Scott Applewhite)
October 17, 2017 - 1:39 pm
WASHINGTON (AP) — The Senate is moving ahead on a Republican budget plan, a critical step in President Donald Trump and the party's politically imperative drive to cut taxes and simplify the IRS code. The nonbinding budget plan would permit Republicans to pass follow-up tax cuts later this year...
Read More
President Donald Trump answers questions with Senate Majority Leader Mitch McConnell, R-Ky., in the Rose Garden after their meeting at the White House, Monday, Oct. 16, 2017, in Washington. (AP Photo/Evan Vucci)
October 17, 2017 - 3:35 am
WASHINGTON (AP) — Donald Trump and Mitch McConnell have reaffirmed their alliance of necessity in a raucous Rose Garden news conference that also underscored their sharp differences. The garrulous president claimed they were longtime friends, now closer than ever; the reserved Senate Republican...
Read More
President Donald Trump answers questions with Senate Majority Leader Mitch McConnell, R-Ky., in the Rose Garden after their meeting at the White House, Monday, Oct. 16, 2017, in Washington. (AP Photo/Evan Vucci)
October 16, 2017 - 6:03 pm
WASHINGTON (AP) — Donald Trump and Mitch McConnell reaffirmed their alliance of necessity Monday in a raucous Rose Garden news conference that also underscored their sharp differences. The garrulous president claimed they were longtime friends now closer than ever; the reserved Senate Republican...
Read More
President Donald Trump speaks with Senate Majority Leader Mitch McConnell, R-Ky., in the Rose Garden at the White House, Monday, Oct. 16, 2017, in Washington. (AP Photo/Evan Vucci)
October 16, 2017 - 3:41 pm
WASHINGTON (AP) — The Latest on President Donald Trump (all times EDT): 3:30 p.m. Three of the Senate's red-state Democrats are heading to the home of Ivanka Trump and Jared Kushner Monday night as part of the administration's efforts to reach out to moderate lawmakers. Democratic aides say Sens...
Read More
FILE - In this Dec. 6, 2012, file photo, Kevin Hassett, senior fellow and director of Economic Policy at the American Enterprise Institute (AEI), gestures as he testifies on Capitol Hill in Washington before the Joint Economic Committee hearing entitled: "Fiscal Cliff: How to Protect the Middle Class, Sustain Long-Term Economic Growth, and Reduce the Federal Deficit." The analysis by Hassett, President Donald Trump’s chief economist, estimated Monday, Oct. 16, 2017, that the administration's plan to cut corporate tax rates will cause average household incomes to jump $4,000 a year - a stunning 5 percent increase that could be met with skepticism among tax experts and Democratic lawmakers. (AP Photo/ Evan Vucci, File)
October 16, 2017 - 12:18 pm
WASHINGTON (AP) — By slashing corporate tax rates, the Trump administration said Monday, the average U.S. household will get an estimated $4,000 more a year. This stunning 5 percent increase was met with skepticism from tax experts and Democratic lawmakers who said the math was flawed. Spread...
Read More
October 13, 2017 - 2:53 pm
WASHINGTON (AP) — The IRS suspended a $7.25 million contract with the credit reporting company Equifax Friday after members of Congress complained the tax agency had awarded a no-bid contract to a company that recently had a massive data beach. The IRS had contracted with Equifax to validate the...
Read More
International Monetary Fund (IMF) Managing Director Christine Lagarde, speaks during a news conference at World Bank/IMF Annual Meetings in Washington, Thursday, Oct. 12, 2017. ( AP Photo/Jose Luis Magana)
October 12, 2017 - 2:49 pm
WASHINGTON (AP) — The head of the International Monetary Fund said Thursday that a number of threats could derail the global economic recovery, despite signs that 2017 will be the best year for global growth since 2010. IMF Managing Director Christine Lagarde warned that global financial leaders...
Read More
House Speaker Paul Ryan of Wis., holds up a copy of a proposed "simple tax" postcard while speaking at the Heritage Foundation in Washington, Thursday, Oct. 12, 2017. (AP Photo/Susan Walsh)
October 12, 2017 - 11:38 am
WASHINGTON (AP) — House Speaker Paul Ryan on Thursday lambasted high-tax states like California, New York and New Jersey, arguing the rest of the country is "propping up profligate, big-government states" even as they pay billions more in taxes than they receive in return from the federal...
Read More
October 12, 2017 - 11:25 am
LANSING, Mich. (AP) — Michigan municipalities would be prohibited from levying local taxes on food and beverages under a bill advancing to Gov. Rick Snyder's desk for his expected signature. No local government in Michigan is now considering such a tax. But lawmakers say it is possible, pointing to...
Read More

Pages