Latest National taxes News

Protests spread across Lebanon over proposed new taxes

Oct. 17, 2019 7:19 PM EDT

BEIRUT (AP) — Lebanon erupted in protests Thursday over the government's plans to impose new taxes amid a severe economic crisis, with people taking their anger out on politicians they accuse of corruption and decades of mismanagement. The protests started with few dozen people gathering in central Beirut...

Europe's specialty food makers brace for US tariffs

Oct. 17, 2019 12:25 PM EDT

MILAN (AP) — European producers of specialty agricultural products like French wine, Italian Parmesan and Spanish olives are facing a U.S. tariff hike due Friday with a mix of trepidation and indignation at being dragged into a trade war they feel they have little to do with. The tariffs on $7.5 billion...

Gibraltar holds election amid uncertainty of Brexit outcome

Oct. 17, 2019 7:01 AM EDT

GIBRALTAR (AP) — An election for Gibraltar's 17-seat parliament took place Thursday under a cloud of uncertainty about what Brexit will bring for the speck of British territory on Spain's southern tip. The Rock's about 34,000 residents didn't want to leave the European Union — in the 2016...

Warren, candidate with the answers, dodges tax hike question

Oct. 16, 2019 9:31 PM EDT

WASHINGTON (AP) — Elizabeth Warren is rising to the top of the Democratic pack with ambitious promises to reshape the political and economic system. But as she faces growing scrutiny, the Massachusetts senator is opening herself to criticism that she's just another politician dodging the tough questions....

Italy's government to avoid widely criticized sales tax rise

Oct. 16, 2019 8:53 AM EDT

MILAN (AP) — Italy's new government has reached agreement on a set of budget measures to avoid a sales tax increase that critics warned would hurt the economy by weighing on spending. The measures agreed by Premier Giuseppe Conte's cabinet early Wednesday include revenue-raising measures to fight...

Trump's lawyers ready for Supreme Court in tax record fight

Oct. 15, 2019 7:43 PM EDT

NEW YORK (AP) — President Donald Trump's lawyers said Tuesday they'll immediately go to the Supreme Court if an appeals court in New York agrees that his tax returns can be released to state prosecutors. The lawyers notified the 2nd U.S. Circuit Court of Appeals in Manhattan of the urgency hours before...

'Chrisley Knows Best' stars sue Georgia tax official

Oct. 15, 2019 2:27 PM EDT

ATLANTA (AP) — Reality television personalities Todd and Julie Chrisley on Tuesday accused a Georgia tax official of abusing his office to pursue "bogus tax evasion claims" against them. The "Chrisley Knows Best" stars filed a federal lawsuit Tuesday against Joshua Waites, the director of the Georgia...

Warren joins Buttigieg in nixing threat to church tax status

Oct. 14, 2019 1:34 PM EDT

Elizabeth Warren would not seek to revoke the tax-exempt status of churches or other religious entities that decline to perform same-sex marriages if she's elected president, the Massachusetts Democrat's campaign said. Asked to respond to former Texas Rep. Beto O'Rourke's assertion last week that religious...

AP Interview: Sanders details plan to 'end corporate greed'

Oct. 14, 2019 6:01 AM EDT

WASHINGTON (AP) — Bernie Sanders has released a major proposal to "end corporate greed and corruption" by requiring large companies to give ownership stakes to their workers. The proposal also would ensure that many of the nation's most profitable firms pay more in federal taxes and government authorities...

Malaysia offers incentives to boost growth in 2020 budget

Oct. 11, 2019 9:42 AM EDT

KUALA LUMPUR, Malaysia (AP) — Malaysia's government offered incentives to attract investment and wide-ranging financial goodies for ethnic Malays and the poor but hiked taxes for the rich in a smaller national budget for 2020 seen as appeasing critics in its second year of power. The budget, unveiled in...