Latest Tax refunds News

Some Ohio legislators yell 'cut' to Hollywood tax deals

May. 22, 2019 6:04 AM EDT

CINCINNATI (AP) — Lights, camera, cut? Some of Hollywood's biggest hit movies and equally big bombs have something in common: They were shot in Ohio, taking advantage of a 10-year-old tax credit incentive program. Now some Ohio legislators want to dim the lights on a program aimed at luring filmmaking to...

Tesla reduces prices on Models S and X amid stock slump

May. 21, 2019 5:50 PM EDT

DETROIT (AP) — Tesla has reduced the prices of its two most expensive models, raising concerns about fading interest in its cars and whether the company can generate enough cash to pay all the bills. On Monday, Tesla cut $3,000 from the price of the Model S sedan and $2,000 from the Model X SUV. The...

South Carolina: Tax break for Carolina Panthers near passage

May. 20, 2019 5:01 PM EDT

COLUMBIA, S.C. (AP) — South Carolina is getting ready to offer the Carolina Panthers around $120 million in tax breaks to move practice fields and the team's headquarters to the state from North Carolina. Both the South Carolina House and Senate approved the final version of the tax break bill Monday after...

Julián Castro makes universal pre-K focus of education plan

May. 13, 2019 12:27 PM EDT

AUSTIN, Texas (AP) — Democratic presidential candidate Julián Castro on Monday unveiled an education plan that joins other 2020 candidates in calling for tuition-free higher education, universal prekindergarten and raising teacher pay. The rollout follows the former Obama Cabinet member's immigration...

New budget proposal tackles homelessness in California

May. 9, 2019 8:48 PM EDT

SACRAMENTO, Calif. (AP) — Calling it "a stain on the state of California," Gov. Gavin Newsom on Thursday vowed to use part of a historic budget surplus to tackle homelessness in the nation's most prosperous state. "This homeless issue is out of control," Newsom told reporters on as he unveiled his revised...

California governor wants to end tax on tampons, diapers

May. 7, 2019 7:49 PM EDT

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom and his wife, Jennifer Siebel Newsom, unveiled Tuesday what they call a "parents' agenda," including proposals to end the sales tax on tampons and diapers and to use revenue from legal marijuana sales to expand child care programs. "The governor and I...

Presidential hopeful Inslee unveils clean energy plan

May. 3, 2019 2:59 PM EDT

Democratic presidential hopeful Jay Inslee, as part of his pledge to make combating climate change the top national priority, is calling for the nation's entire electrical grid and all new vehicles and buildings to be carbon pollution free by 2030. It's the first major policy proposal from the Washington governor...

Panel raises questions about $13M in tax credits to hospital

May. 2, 2019 8:22 PM EDT

NEWARK, N.J. (AP) — A Camden hospital chaired by one of New Jersey's most powerful Democrats collected $13 million in state tax incentives by claiming it was considering moving some of its operations to Philadelphia when that was apparently not an option, a task force found on Thursday. The task force,...

The Latest: Hospital says it had no plans relocate jobs

May. 2, 2019 8:14 PM EDT

NEWARK, N.J. (AP) — The Latest on a task force that revealed Cooper Health System received millions in tax incentives (all times local): A Camden hospital says they had no intention of moving jobs out of New Jersey and has complied with the law since applying to statewide program geared at bringing jobs to...

Foxconn CEO meets with Trump, Wisconsin governor

May. 2, 2019 7:54 PM EDT

MADISON, Wis. (AP) — Foxconn Technology Group leader Terry Gou met privately with Wisconsin Gov. Tony Evers for the first time on Thursday, a day after Gou recommitted to a massive project in the state following a White House meeting with President Donald Trump. Questions about Foxconn's commitment to the...