Latest Personal taxes News
The Latest: Kamala Harris previews Biden's focus for debate
WASHINGTON (AP) — The Latest on the 2020 presidential election (all times local): 5:50 p.m. Kamala Harris says her running mate, Joe Biden, will share his vision for tackling the coronavirus and rebuilding the nation’s economy during his presidential debate against President Donald Trump. The...
Biden releases 2019 taxes as pre-debate contrast with Trump
WASHINGTON (AP) — Democratic presidential nominee Joe Biden paid nearly $288,000 in federal income taxes last year, according to returns he released just hours before his Tuesday night debate with President Donald Trump. The move came following a report from The New York Times that Trump paid just $750 in...
Murphy signs $32.7B budget taxing millionaires, businesses
TRENTON, N.J. (AP) — Gov. Phil Murphy on Tuesday signed a $32.7 billion budget for New Jersey that raises taxes on the wealthy and businesses and authorizes $4.5 billion in new debt he says is necessary to keep state finances solvent. The spending plan goes into effect Thursday and will keep state...
Iowa US Sen. Ernst says court view 'consistent' in debate
DES MOINES, Iowa (AP) — Iowa U.S. Sen. Joni Ernst said Monday night she had been “very consistent” in her views on Supreme Court justices despite supporting a vote on President Donald Trump’s nominee while working with other Republicans to block a nomination by President Barack Obama....
Times' tax story is talker, but perceptions mostly hold
NEW YORK (AP) — Orlando Sentinel Editor-in-Chief Julie Anderson was curious how readers in polarized central Florida would react to her newspaper leading Monday's edition with a report that President Donald Trump paid just $750 in federal income tax in 2016 and 2017 — and no income tax at all in 10...
Trump went even further than other uber-rich to shrink taxes
WASHINGTON (AP) — The tax-avoidance strategies that President Donald Trump capitalized on to shrink his tax bill to essentially zero are surprisingly common among major real estate developers and other uber-wealthy Americans. Yet Trump characteristically pushed those strategies to the limit —...
NY Times: Trump paid $750 in US income taxes in 2016, 2017
President Donald Trump paid just $750 in federal income taxes the year he ran for president and in his first year in the White House, according to a report in The New York Times. Trump, who has fiercely guarded his tax filings and is the only president in modern times not to make them public, paid no federal...
Trump's tax revelation could tarnish image that fueled rise
WASHINGTON (AP) — The bombshell revelations that President Donald Trump paid just $750 in federal income taxes the year he ran for office and paid no income taxes at all in many others threaten to undercut a pillar of his appeal among blue-collar voters and provide a new opening for his Democratic rival,...
5 takeaways from NY Times report on Trump's tax returns
WASHINGTON (AP) — A New York Times report that President Donald Trump paid just $750 in federal income tax the year he entered the White House — and, thanks to colossal losses, no income tax at all in 11 of the 18 years that the Times reviewed — served to raise doubts about Trump's self-image...
Trump's tax revelation could tarnish image that fueled rise
WASHINGTON (AP) — The bombshell revelations that President Donald Trump paid just $750 in federal income taxes the year he ran for office and paid no income taxes at all in many others threaten to undercut a pillar of his appeal among blue-collar voters and provide a new opening for his Democratic rival,...
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