Government taxation and revenue

December 11, 2017 - 12:34 pm
WASHINGTON (AP) — The Latest on Republican tax plan (all times local): 12:25 p.m. President Donald Trump is making his final pitch for the Republican tax plan in a speech to the American people. White House spokeswoman Lindsay Walters says Trump will deliver a speech Wednesday on how tax reform...
Read More
FILE- In this Nov. 30, 2017, file photo, with reporters looking for updates, Sen. Susan Collins, R-Maine, and other senators rush to the chamber to vote on amendments as the Republican leadership works to craft their sweeping tax bill in Washington. Collins said she is confident President Donald Trump and Senate Majority Leader Mitch McConnell will ensure passage of two bills aimed at shoring up the insurance markets, a demand she made before supporting the Republican tax overhaul. (AP Photo/J. Scott Applewhite, File)
December 11, 2017 - 12:28 pm
WASHINGTON (AP) — The Treasury Department just gave Republicans ammunition that their tax cuts would pay for themselves. But the one-page memo relies on a mathematical gimmick: It includes an assumption that tax cuts and other Trump administration policies would cause the economy to expand at a 2.9...
Read More
In this Sunday, Dec. 3, 2017, photo, Stephanie and Lance Schmidt pose for a photo with their children, from left, Stella, Solomon and Theo, at their home in Oklahoma City. The Schmidt's have opted for a cost-sharing ministry this year after they realized their monthly insurance bill would have more than doubled to over $1,200 and stuck them with an $8,000 deductible for their family of five. (AP Photo/Sue Ogrocki)
December 10, 2017 - 10:10 am
Margaret Leatherwood has eight choices for health insurance next year but no good options. The cheapest individual coverage available in her market would eat up nearly a quarter of the income her husband brings home from the oilfields. The Bryson, Texas, couple makes too much to qualify for...
Read More
FILE - In this Aug. 14, 2017, file photo, Miami Marlins' Giancarlo Stanton stands on the field during a baseball game against the San Francisco Giants in Miami. A person familiar with the negotiations says the New York Yankees and Miami Marlins are working on a trade that would send slugger Giancarlo Stanton to New York and infielder Starlin Castro to Miami. The person spoke to The Associated Press on condition of anonymity Saturday, Dec. 9, 2017, because no agreement has been completed. (AP Photo/Lynne Sladky, File)
December 09, 2017 - 12:26 pm
MIAMI (AP) — After helping the New York Yankees to five World Series titles, Derek Jeter might help them win another. The Yankees and Jeter's Miami Marlins have agreed to a trade that would send slugger Giancarlo Stanton to New York, pending a physical, a person familiar with the negotiations said...
Read More
December 08, 2017 - 8:25 am
PORTLAND, Maine (AP) — Republican Sen. Susan Collins of Maine says she may change her vote on the GOP tax overhaul if her amendments are not included in the final measure. She tells WABI-TV she won't make a final decision until she sees what comes out of a conference committee. Collins joined the...
Read More
Darryl Broome, a contractor who does remodeling and demolition work, poses in front of a Mecklenburg County county government office building on Thursday, Dec. 7, 2017, in Charlotte, N.C. Broome went in person to retrieve land information he normally could look up on his home computer in the aftermath of a cyberattack that affected dozens of county servers earlier in the week. Mecklenburg County was using backed-up data to make digital repairs after refusing to pay foreign hackers that froze dozens of county servers earlier this week. (AP Photo/Tom Foreman Jr.)
December 07, 2017 - 6:45 pm
CHARLOTTE, N.C. (AP) — North Carolina's largest metro area was discovering just how hard it is to conduct business without county computers that handle numerous transactions on Thursday, a day after local leaders refused to pay hackers who froze their system. Mecklenburg County computer systems...
Read More
December 07, 2017 - 4:08 pm
WASHINGTON (AP) — Key Republican lawmakers oppose efforts to scale back a proposed cut in the corporate income tax rate to pay for other tax breaks, complicating efforts to appease Republicans from high-tax states. Both the House and Senate tax packages would reduce the corporate income tax rate...
Read More
FILE - In this Tuesday, May 16, 2017, file photo, a sign advertises that an existing home for sale is under contract in Roswell, Ga. Surging stock prices and steady increases in home values powered American household wealth to $96.9 trillion in the fall of 2017, though the gains aren’t widely shared. (AP Photo/John Bazemore, File)
December 07, 2017 - 2:56 pm
WASHINGTON (AP) — Surging stock prices and steady increases in home values powered American household wealth to $96.9 trillion this fall, The Federal Reserve said Thursday. The gains, however, aren't widely shared. U.S. wealth has made a remarkable comeback since the recession, when it plummeted...
Read More
FILE - In this March 3, 2017 file photo, Del. Dan Morhaim talks to reporters in Annapolis, Md. after the Maryland House of Delegates voted 138-0 to reprimand him for acting "contrary to the principles" of Maryland's ethical standards by not disclosing his work as a paid consultant for a marijuana company while he was working on marijuana policy. State lawmakers around the country have introduced and supported policies that help their own businesses, their employers and sometimes their personal finances, according to an analysis of financial disclosure forms and legislative votes by the Center for Public Integrity and The Associated Press. The news organizations’ examination of lawmakers’ outside income found numerous examples in which their votes also happened to promote their private interests. (AP Photo/Brian Witte, File)
December 06, 2017 - 3:21 am
A recent change in Iowa's tax code spared Mark Chelgren's machine shop, welding company and wheelchair-parts plant from paying sales tax when buying certain supplies such as saws and cutting fluid. The change passed by the state Legislature last year wasn't just good for Chelgren's businesses. It...
Read More
December 05, 2017 - 6:00 pm
PORTLAND, Ore. (AP) — Municipal governments worry the tax overhaul in Washington, D.C. could chill the construction of affordable housing as homelessness reaches a crisis point on the West Coast. Officials with the housing authority in Portland, Oregon, said Tuesday that the U.S. could lose nearly...
Read More

Pages