Government taxation and revenue

FILE - In this Jan. 21, 2009, file photo, Bernard Roques, a refiner of Societe company, smells a Roquefort cheese as they mature in a cellar in Roquefort, southwestern France. The Trump administration is proposing tariffs on up to $2.4 billion worth of French imports, from Roquefort cheese to handbags, retaliation for France’s tax on American tech giants like Google, Amazon and Facebook. The Office of the U.S. Trade Representative says France’s new digital services tax discriminates against U.S. companies and says that the tariffs could reach 100%.(AP Photo/Bob Edme, File)
December 02, 2019 - 5:21 pm
WASHINGTON (AP) — The Trump administration is proposing tariffs on up to $2.4 billion worth of French imports — including Roquefort cheese, handbags, lipstick and sparkling wine — in retaliation for France’s tax on American tech giants like Google, Amazon and Facebook. The Office of the U.S. Trade...
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December 02, 2019 - 3:17 pm
JEFFERSON CITY, Mo. (AP) — A new report finds that many states are in better shape than ever to weather a potential recession. The report released Monday by Moody’s Analytics says 28 states have enough cash on hand to survive a moderate recession without having to resort to spending cuts or tax...
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Gerald Margolis, center left, branch manager of Philip Morris in Thailand, talks to reporters at Criminal Court in Bangkok, Thailand, Friday, Nov. 29, 2019. The court has found the local unit of tobacco giant Philip Morris guilty of evading taxes by under-declaring the value of cigarettes it imported from the Philippines, and ordered the company to pay a fine of 1.2 billion baht ($39.7 million). (AP Photo)
November 29, 2019 - 3:19 am
BANGKOK (AP) — A court in Thailand on Friday found the local unit of tobacco giant Philip Morris guilty of evading taxes by under-declaring the value of cigarettes it imported from the Philippines. It ordered the company to pay a fine of 1.2 billion baht ($39.7 million). The Criminal Court found...
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November 27, 2019 - 9:19 am
BOSTON (AP) — The Latest on Massachusetts becoming the first state to ban flavored tobacco and vaping products, including menthol cigarettes (all times local): 12:15 p.m. An industry group is criticizing Massachusetts’ new statewide ban on flavored tobacco and vaping products, including menthol...
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President Donald Trump participates in a bill signing ceremony for the Women's Suffrage Centennial Commemorative Coin Act in the Oval Office of the White House, Monday, Nov. 25, 2019, in Washington. (AP Photo/Patrick Semansky)
November 25, 2019 - 3:34 pm
WASHINGTON (AP) — The Supreme Court is shielding President Donald Trump’s financial records from House Democrats for now. The delay allows the justices to decide how to handle the House subpoena and a similar demand from the Manhattan district attorney at the same time. The House’s quest for the...
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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)
November 25, 2019 - 8:28 am
College savings plans are a great way to save for education. But not all college savings plans are great. Most state-sponsored 529 college savings plans, which allow you to invest in a tax-advantaged account for future education costs, have improved significantly in recent years, says Madeline Hume...
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Imaad Zuberi, left, leaves the federal courthouse with his attorney Thomas O'Brien, right, in Los Angeles, on Friday, Nov. 22, 2019. Zuberi pleaded guilty to funneling donations from foreigners to U.S. political campaigns. (AP Photo/Brian Melley)
November 22, 2019 - 6:59 pm
LOS ANGELES (AP) — A political fundraiser accused of funneling foreign money into U.S. elections offered six witnesses in his case more than $6 million to keep quiet, federal prosecutors said Friday. Prosecutors also revealed new allegations that the donor, Imaad Zuberi, acted as an unregistered...
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FILE - In this Jan. 4, 2018, file photo, customers line up inside the Harborside cannabis dispensary in Oakland, Calif. California is increasing business tax rates on legal marijuana, a move that stunned struggling companies that have been pleading with the state to do just the opposite. Hefty marijuana taxes that can approach 50 percent in some communities have been blamed for pushing shoppers into California's tax-free illegal market, which is thriving. Industry analysts estimate that $3 are spent in the illegal market for every $1 in the legal one. (AP Photo/Terry Chea, file)
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November 22, 2019 - 2:58 pm
LOS ANGELES (AP) — California is increasing business tax rates on legal marijuana, a move that stunned struggling companies that have been pleading with the state to do just the opposite. Hefty marijuana taxes that can approach 50 percent in some communities have been blamed for pushing shoppers...
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President Donald Trump speaks during a National Medal of Arts and National Humanities Medal ceremony in the East Room of the White House, Thursday, Nov. 21, 2019, in Washington. (AP Photo/Alex Brandon)
November 21, 2019 - 4:32 pm
WASHINGTON (AP) — House Democrats and Manhattan’s top prosecutor told the Supreme Court Thursday that President Donald Trump’s arguments to shield his tax returns and financial records are weak, and not deserving of the justices’ intervention. The Democrats said they should be allowed to enforce...
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FILE - In this Friday, Oct. 4, 2019 file photo, a woman using an electronic cigarette exhales a puff of smoke in Mayfield Heights, Ohio. Massachusetts lawmakers have approved the nation's toughest restrictions on flavored tobacco and vaping products, including menthol cigarettes. The ban was passed by the Senate early Thursday, Nov. 21, before the legislature broke for a holiday recess. It had earlier been passed by the state House of Representatives. (AP Photo/Tony Dejak)
November 21, 2019 - 10:00 am
BOSTON (AP) — Massachusetts lawmakers passed a groundbreaking ban Thursday on the sale of flavored tobacco and vaping products, including menthol cigarettes. The bill would also place a 75% excise tax on vaping products and require health insurers, including the state’s Medicaid program, to cover...
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