Government taxation and revenue

January 14, 2020 - 3:41 am
LONDON (AP) — Britain's leaders are considering whether to support a rescue deal for the struggling regional airline Flybe, with discussions under way as to whether the carrier should receive tax relief on passenger duty levies. The airline whose network includes more than half of British domestic...
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California Gov. Gavin Newsom gestures toward a chart showing the growth of the state's rainy day fund as he discusses his proposed 2020-2021 state budget during a news conference in Sacramento, Calif., Friday, Jan. 10, 2020.. (AP Photo/Rich Pedroncelli)
AP News
January 10, 2020 - 5:53 pm
SACRAMENTO, Calif. (AP) — California's governor revealed a spending plan on Friday that puts a new tax on vaping, gives $20,000 to teachers who commit to working in high-needs schools and gives taxpayer-funded health benefits to older adults living in the country illegally. Gov. Gavin Newsom's $222...
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This screen grab from the website HealthCare.gov shows the extended deadline for signing up for health care coverage for 2020. The Trump administration says people will get more time to sign up for “Obamacare” health insurance following a spate of computer glitches over the weekend. The Centers for Medicare and Medicaid Services says the new HealthCare.gov deadline is 3 a.m. Eastern time on Wednesday, Dec. 18. (Centers for Medicare and Medicaid Services via AP)
January 08, 2020 - 2:46 pm
WASHINGTON (AP) — The repeal of an unpopular fine for people without health insurance has had little impact on “Obamacare” sign-ups or premiums, a gap between the real world and legal arguments from conservatives again challenging the Affordable Care Act. The 10-year-old law has proved more...
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FILE - This April 13, 2014, file photo shows the Internal Revenue Service (IRS) headquarters building in Washington. 2019 was another tough year for the IRS, according to a new federal report. Burdened with years of budget cuts and a recent increase in workload to implement a new tax law, the IRS struggled to deliver on its mission in the past fiscal year. The annual report from the Office of Taxpayer Advocate found that in the 2019 fiscal year, among other problems, the agency failed to collect billions in unpaid taxes. (AP Photo/J. David Ake, File)
January 08, 2020 - 11:20 am
2019 was another tough year for the IRS, according to a new federal report. Burdened with years of budget cuts and a recent increase in workload to implement a new tax law, the IRS struggled to deliver on its mission in the past fiscal year. The annual report from the Office of Taxpayer Advocate...
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FILE - In this July 11, 2012, file photo, John Arensmeyer, CEO of the advocacy group Small Business Majority, poses for a portrait at the Small Business Majority office in Washington. The Setting Every Community Up for Retirement Enhancement Act, known as the SECURE Act, won final congressional approval in the Senate last month and was signed into law by President Donald Trump. One of the bill's features makes it easier for small businesses to band together to offer 401(k) and other retirement plans.“ Most small businesses simply don’t have the funds or staff to offer and manage retirement plans,” said Arensmeyer. (AP Photo/Jacquelyn Martin, File)
January 06, 2020 - 12:24 pm
NEW YORK (AP) — A new law expanding retirement plan options for small businesses may encourage more companies to offer the benefits to their workers. The Setting Every Community Up for Retirement Enhancement Act, known as the SECURE Act, won final congressional approval in the Senate last month and...
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In this Jan. 30, 2019 photo provided by Sen. Kevin Cramer's office, Tommy Fisher, right, talks with Sen. Kevin Cramer, R-N.D., at the lawmaker's office in Washington, D.C. Fisher runs Fisher Sand & Gravel, the North Dakota company that won a $400 million contract to build part of the border wall. But the contract is now being audited over concern it may not meet requirements.  (Sen. Kevin Cramer's office via AP)
January 04, 2020 - 8:45 am
BISMARCK, N.D. (AP) — Tommy Fisher peered into a Fox News camera and talked up his North Dakota-based company's ability to build a border wall faster and cheaper than others could, with technology “so revolutionary, it's like comparing the iPhone to a pay phone.” Fisher Sand and Gravel, he said,...
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FILE - This undated file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
December 30, 2019 - 4:14 am
If you need a car, the most frugal option is to buy one that’s 2 to 3 years old, pay cash and drive it until the wheels fall off. The least frugal option traditionally has been leasing, where you make monthly payments to drive a car but don’t own it. You’re paying for the vehicle during its most...
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December 29, 2019 - 12:55 pm
JERUSALEM (AP) — The Israeli Security Cabinet on Sunday voted to withhold $43 million of tax funds from the Palestinians, saying the money has been used to promote violence, Israeli media reported. The sum represents funds that Israel says the Palestinians have used to pay the families of...
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December 23, 2019 - 10:07 am
ROME (AP) — Italian lawmakers have backed a budget for next year that avoids steep sales tax increases but introduces new levies. The law passed Monday by 334 votes to 232 against in the Lower Chamber. It had already been approved by the Senate The budget required long negotiations between the...
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December 20, 2019 - 7:25 pm
BOGOTA, Colombia (AP) — Colombia on Friday instructed Uber to stop operating after a lawsuit by a group of taxi drivers that accused the ride-sharing app of unfair business practices. Colombia's Superintendency of Industry and Commerce said the halt to Uber operations was taking effect immediately...
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