Government taxation and revenue

September 19, 2018 - 3:21 am
BRUSSELS (AP) — The European Union has ruled that Luxembourg did not give the U.S. fast food giant McDonald's a special sweet tax deal and that the non-taxation of some of its profits did not amount to illegal state aid. The EU Commission ended a probe that started in 2015 by saying on Wednesday...
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In this Sunday, Sept. 16, 2018, photo, a driver looks out from his trishaw decorated with an American flag and Chinese flags in Beijing. Chinese news reports have quoted a former finance minister as saying Beijing can disrupt American companies' operations by imposing "export controls" if it needs more leverage in its mounting tariff dispute with Washington. (AP Photo/Andy Wong)
September 17, 2018 - 4:32 pm
WASHINGTON (AP) — The Trump administration will impose tariffs on $200 billion more in Chinese goods starting next week, escalating a trade war between the world's two biggest economies and potentially raising prices on goods ranging from handbags to bicycle tires. The tariffs will start at 10...
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Oceanfront homes sit over rough surf from tropical storm Florence in Nags Head NC., Saturday, Sept. 15, 2018. (AP Photo/Steve Helber)
September 15, 2018 - 7:55 pm
MYRTLE BEACH, S.C. (AP) — The Latest on Tropical Storm Florence (all times local): 10:55 p.m. Heavy rains from Tropical Storm Florence are producing flash flooding and major river flooding in the southeastern part of North Carolina. The National Hurricane Center says excessive amounts of rain are...
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Sen. Claire McCaskill, D-Mo., speaks to students and supporters at the University of Missouri - St. Louis Tuesday, Sept. 11, 2018, in St. Louis. McCaskill is running for re-election. (AP Photo/Jeff Roberson)
September 12, 2018 - 4:42 pm
JEFFERSON CITY, Mo. (AP) — Missouri's Democratic U.S. Sen. Claire McCaskill and Republican challenger Josh Hawley on Wednesday released their 2017 tax returns, but McCaskill's decision not to release her rich husband's return prompted GOP allegations that she's not as open as she should be about...
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FILE - In this June 28, 2018, file photo Charles Rettig listens to a question during a Senate Finance Committee hearing on his nomination for Internal Revenue Service Commissioner on Capitol Hill in Washington. The Senate voted 64-33 on Sept. 12 to confirm the Beverly Hills tax attorney as IRS commissioner. (AP Photo/Jacquelyn Martin)
September 12, 2018 - 4:37 pm
WASHINGTON (AP) — Over the protests of many Democrats, the Senate on Wednesday evening approved President Donald Trump's choice to become the new head of the IRS. Democrats opposed the nomination because of a new Trump administration policy allowing some groups involved in politics to hide their...
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September 11, 2018 - 11:12 am
SEATTLE (AP) — Voters in Washington state will be asked this fall to do what state and federal leaders have been reluctant to: charge a direct fee on carbon pollution to fight climate change. If the ballot measure passes, it will be the first direct fee or tax charged on carbon emissions in the U.S...
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September 10, 2018 - 4:05 pm
WASHINGTON (AP) — House Republican leaders have unveiled their proposal to expand the massive tax law they hustled through Congress last year. They're aiming to make permanent the individual tax cuts and small-business income deductions now set to expire in 2026. With midterm elections barely two...
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In this April 25, 2018, photo, visitors and journalists gather near a Ford Focus on display at the Ford exhibit during the media day for the China Auto Show in Beijing. Ford won't be moving production of a hatchback wagon to the United States from China, despite President Donald Trump's claim Sunday, Sept. 9, 2018 that his taxes on Chinese imports mean the Focus Active can be built in America. (AP Photo/Andy Wong)
September 10, 2018 - 1:06 pm
WASHINGTON (AP) — Ford won't be moving production of a hatchback wagon to the United States from China — despite President Donald Trump's claim Sunday that his taxes on Chinese imports mean the Focus Active can be built in America. Citing Trump's new tariffs, Ford on Aug. 31 said it was dropping...
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Canadian Foreign Minister Chrystia Freeland, talks to reporters outside the United States Trade Representative building in Washington, Friday Sept. 7, 2018. (AP Photo/Luis Alonso Lugo)
September 07, 2018 - 2:59 pm
WASHINGTON (AP) — President Donald Trump said Friday he does not want to hurt Canada's economy but also warned that if he imposes taxes on cars it would be "devastating" for the neighboring country. "If I tax cars coming in from Canada, it would be devastating. But I don't want to do that," Trump...
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This July 25, 2018, photo shows a help wanted sign at a new Zaxby's restaurant in Madison, Miss. On Friday, Sept. 7, the Labor Department reports on job openings and labor turnover for August. (AP Photo/Rogelio V. Solis)
September 07, 2018 - 9:07 am
WASHINGTON (AP) — The pace of hiring in the United States quickened in August, and wages grew at their fastest pace in nine years — evidence that employers remain confident despite the Trump administration's ongoing conflicts with its trading partners. Employers added a strong 201,000 jobs, and the...
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