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Stories tagged: taxes


UPDATED: Sun., Sept. 24, 2017, 4:15 p.m.

White House says tax plan to help business, middle class

A proposed tax overhaul set to come out this week from Republicans will offer help for the middle class and businesses, President Donald Trump’s Treasury secretary said.


Trump aims to achieve congressional balancing act on taxes

President Donald Trump says he wants to lure Democratic lawmakers to sign on to a Republican-crafted tax overhaul plan but negotiators must deal with the reality that any handouts to …


UPDATED: Tue., Sept. 19, 2017, 3:36 p.m.

GOP tentatively agrees to $1.5T plan on tax cuts

Top Republicans on a key Senate panel have reached a tentative agreement on a tax plan that would add about $1.5 trillion to the government’s $20 trillion debt over 10 …


GOP eyes popular tax breaks to finance overhaul

Republicans straining to find about $1 trillion to finance sweeping tax cuts are homing in on two popular deductions that are woven into the nation’s fiscal fabric – the mortgage …


UPDATED: Wed., Sept. 13, 2017, 5:44 p.m.

House Republicans told tax details are coming

House and Senate tax writers plan to release an outline detailing their points of consensus with the administration on how to overhaul the tax code the week of Sept. 25, …


UPDATED: Tue., Sept. 12, 2017, 7:08 p.m.

Senate GOP struggles with deficit in work on budget, taxes

Senate Republicans are struggling with how many billions of dollars President Donald Trump’s tax code overhaul will add to the deficit as they work on a GOP budget plan that’s …


Idaho court ruling could force Pocatello to refund millions

BOISE – The city of Pocatello could be forced to pay back millions of dollars in excess fees following a recent Idaho Supreme Court ruling. According to the unanimous opinion, …


President Trump pitches tax overhaul effort in North Dakota

President Donald Trump sought to present his tax overhaul plan as an opportunity for bipartisan cooperation during a speech Wednesday in North Dakota, where he was joined by the state’s …


UPDATED: Mon., Sept. 4, 2017, 10:22 a.m.

Trump tax tour heads to friendly turf in North Dakota

Donald Trump will be on friendly turf when he brings his tax reform tour to North Dakota this week. It’s a deep-red state he carried by 36 points last year.


UPDATED: Mon., Sept. 4, 2017, 9:30 a.m.

WTO backs Boeing vs EU in Washington state incentives case

The appellate body of the World Trade Organization has rejected claims by the European Union against tax incentives provided by Washington state to Boeing, handing a victory to the U.S. …


Cambodia Daily to close in media crackdown

One of Cambodia’s main English-language newspapers, the Cambodia Daily, announced that it would close Monday after a dispute with the government over taxes.


Court: DirecTV owes $15M to South Carolina in tax dispute

A court has ruled that pay-television giant DirecTV owes South Carolina nearly $15 million because of the way the company calculates its tax bill in the state.


UPDATED: Wed., Aug. 30, 2017, 2:59 p.m.

Trump pushes tax overhaul, says it’s ‘badly needed’

President Donald Trump launched his fall push to overhaul the nation’s tax system by pledging Wednesday that the details-to-come plan would “bring back Main Street” by reducing the crushing tax …


With Trump pardon, Arpaio again wiggles out of legal trouble

In his 24 years as metro Phoenix’s sheriff, Joe Arpaio survived scandals and dodged investigations that would easily have sunk the careers of many politicians.


Seattle to pay up to $250K to defend new city income tax

Seattle has agreed to pay a law firm up to $250,000 to help defend the city’s new income tax on wealthy households.


Oregon taxpayers will get ‘kicker’ tax rebate

Oregon will send more than $460 million back to taxpayers next year, after the surging economy led to unexpectedly strong tax collections, state economists said Wednesday.


H&R Block taps former Uber exec to serve as CEO

H&R Block Inc. has named a former Uber executive as its new CEO.


UPDATED: Wed., Aug. 16, 2017, 8:34 p.m.

Trump goes after Amazon, again

President Donald Trump is renewing his attacks on e-commerce giant Amazon, and he says the company is “doing great damage to tax paying retailers.”


White House said to release some tax plan details next month

White House tax negotiators and congressional leaders are still planning to release a document in September outlining agreed-upon principles that will serve as a framework for a tax bill, according …


UPDATED: Thu., Aug. 10, 2017, 9:25 p.m.

Seattle gun tax is valid, high court says

Washington Supreme Court upholds Seattle tax on guns and ammunition.


UPDATED: Mon., Aug. 7, 2017, 7:53 p.m.

Canada’s infrastructure projects take off while U.S. plans sputter

Six weeks ago, Prime Minister Justin Trudeau traveled to Montreal to announce that his government would be investing 1.3 billion Canadian dollars in a new commuter train network for the …


UPDATED: Mon., Aug. 7, 2017, 3:11 p.m.

France, Germany plan tax crackdown on U.S. tech giants

France is working with Germany and other partners to plug loopholes that have allowed U.S. tech giants like Google, Apple, Facebook and Amazon.com to minimize taxes and grab market share …


UPDATED: Tue., Aug. 1, 2017, 6:01 p.m.

Puerto Rico betting on medical marijuana to help ease crisis

Jesus Aponte pushes a door open to reveal hundreds of aromatic, spiky green plants, a crop that Puerto Rico hopes will help it ease a grinding economic crisis by generating …


IRS see big drop in identity theft, stolen tax refunds

The IRS says it is seeing a big drop in the number of tax refunds being stolen by identity thieves after the agency teamed up with tax preparers to fight …


Oregon jail holding immigrants sued by property taxpayers

A jail in north-central Oregon has been sued by four people who contend the facility is violating state law by holding immigrants who are awaiting status hearings or deportation.


UPDATED: Thu., July 20, 2017, 10:07 a.m.

Do you hate crumbling roads? Would you pay more to fix them?

Congress hasn’t raised the federal gas tax since 1993 when Bill Clinton was president, but a narrow majority of Americans would support an increase to help fix crumbling roads and …


Health plan hinges on the young, but they’re a tough sell

Julian Senn-Raemont isn’t convinced he needs to buy health insurance when he loses coverage under his dad’s plan in a couple of years – no matter what happens in the …


Location, tax rates can have big impact on value of huge NBA contracts

With the mind-boggling money being doled out in NBA contracts, players don’t seem to be overly concerned about state taxes – or the lack of them.


IRS lien shows Floyd Mayweather owes $22.2 million on 2015 taxes

The IRS says boxer Floyd Mayweather Jr. still owes $22.2 million in taxes from 2015, the year he earned his biggest payday with a blockbuster fight against Manny Pacquiao.


UPDATED: Tue., July 11, 2017, 10:42 p.m.

Shawn Vestal: The Boeing tax cut may not be the economic-development model we’re looking for

Here’s a thought experiment: Instead of trying to give everyone the same tax deal as Boeing, why not give Boeing the same deal as everyone else?