Government taxation and revenue

March 27, 2019 - 8:19 pm
WASHINGTON (AP) — President Donald Trump's pick to serve on the Federal Reserve's Board of Governors had a lien of more than $75,000 filed against him in January 2018 for unpaid taxes. The president said last week he intends to nominate Stephen Moore to fill a vacancy on the Fed's seven-member...
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In this March 24, 2019 photo, Sen. Kirsten Gillibrand, D-N.Y., listens to actress Connie Britton speak before taking the stage to deliver a speech at the kickoff of her presidential campaign, in New York. Gillibrand has released her tax returns for 2018, showing she paid $29,170 in federal taxes on an income of $214,000. (AP Photo/Julius Constantine Motal)
March 27, 2019 - 12:18 pm
WASHINGTON (AP) — Sen. Kirsten Gillibrand on Wednesday released her tax return for 2018, showing she paid $29,170 in federal taxes on an income of about $214,000. The New York Democrat became the first 2020 presidential candidate to disclose the latest tax filing. Her income included her $167,000...
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Teargas is used to disperse demonstrators during minor clashes with police in Paris, Saturday, March 23, 2019. The French government vowed to strengthen security as yellow vest protesters stage a 19th round of demonstrations, in an effort to avoid a repeat of last week's riots in Paris. (AP Photo/Kamil Zihnioglu)
March 23, 2019 - 6:38 pm
PARIS (AP) — Scattered yellow vest protesters clashed with French police firing tear gas Saturday after a peaceful march through Paris, but tougher security measures and protest bans in high-risk neighborhoods prevented the kind of rioting that devastated the capital a week ago. The 4-month-old...
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President Donald Trump talks with reporters before boarding Marine One on the South Lawn of the White House, Friday, March 22, 2019, in Washington. (AP Photo/Evan Vucci)
March 22, 2019 - 4:10 pm
WASHINGTON (AP) — President Donald Trump said Friday that he will nominate Stephen Moore, a conservative economic analyst and frequent critic of the Federal Reserve, to fill a vacancy on the Fed's seven-member board. Moore, a well-known and often polarizing figure in Washington political circles,...
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FILE - In this Jan. 10, 2017 file photo, A 1040 tax form appears on display in New York. The Treasury Department is expanding for a second time this year the relief it grants taxpayers who had too little in income taxes withheld from their paychecks in the first year of a sweeping tax overhaul. Treasury announced Friday, March 22, 2019 that taxpayers will be able to avoid penalties for paying too little in taxes as long as they paid at least 80 percent of what they owed the government. (AP Photo/Mark Lennihan, File )
March 22, 2019 - 12:13 pm
WASHINGTON (AP) — The Treasury Department announced Friday that it is expanding again the relief it grants taxpayers who had too little in income taxes withheld from their paychecks in the first year of a sweeping tax overhaul. Treasury said that taxpayers will be able to avoid penalties for paying...
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Retired coal miner John Robinson uses a nebulizer during his daily breathing treatments for black lung disease on Thursday, Jan. 24, 2019 in Coeburn, Va. Robinson was 47 when he was diagnosed with black lung disease, part of a new generation of black lung sufferers who are contracting the deadly disease at younger ages. (AP Photo/Dylan Lovan)
March 20, 2019 - 12:48 am
COEBURN, Va. (AP) — Former coal miner John Robinson's bills for black lung treatments run $4,000 a month, but the federal fund he depends on to help cover them is being drained of money because of inaction by Congress and the Trump administration. Amid the turmoil of the government shutdown this...
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FILE - In this Monday, March 4, 2019, file photo, Kevin Hassett, chairman of the White House Council of Economic Advisers, talks to media outside of the White House in Washington. Contrary to most economists, the Trump administration expects the U.S. economy to keep booming over the next decade on the strength of further tax cuts, reduced regulation and improvements to the nation’s infrastructure. (AP Photo/Carolyn Kaster)
March 18, 2019 - 11:13 pm
Contrary to the views of most economists, the Trump administration expects the U.S. economy to keep booming over the next decade on the strength of further tax cuts, reduced regulation and improvements to the nation's infrastructure. The annual report from President Donald Trump's Council of...
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March 18, 2019 - 1:38 pm
MADISON, Wis. (AP) — Foxconn Technology Group said Monday that its manufacturing facility in Wisconsin will be producing flat-screen panels by the end of 2020, with construction starting later this year. The news came after the worldwide electronics manufacturing leader sent mixed signals earlier...
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This Feb. 13, 2019, shows multiple forms printed from the Internal Revenue Service web page that are used for 2018 U.S. federal tax returns in Zelienople, Pa. For taxpayers who itemize, the 2 percent miscellaneous itemized deduction was a handy catchall bucket for expenses such as investment fees and expenses and tax-preparation fees. It wasn’t easy to qualify for this deduction, your expenses had to top 2 percent of your adjusted gross income before you could claim them, but it was a nice option to have. (AP Photo/Keith Srakocic)
March 15, 2019 - 10:56 am
Americans will face a slew of new rules during the first tax-filing season with the Tax Cuts and Jobs Act of 2017 in effect. Here's what changed for investors: 1. NO DEDUCTION FOR INVESTMENT EXPENSES For taxpayers who itemize, the 2 percent miscellaneous itemized deduction was a handy catchall...
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March 14, 2019 - 9:26 am
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin (mih-NOO'-shin) is suggesting he will protect President Donald Trump's privacy if he receives a request from House Democrats for Trump's tax returns. At a House Ways and Means Committee hearing Thursday, Mnuchin was asked whether he would meet a...
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