Latest National taxes News

President Donald Trump speaks at a campaign rally at Manchester-Boston Regional Airport, Sunday, Oct. 25, 2020, in Londonderry, N.H. (AP Photo/Alex Brandon)

AP FACT CHECK: Trump and his familiar falsehoods

Oct. 26, 2020 3:20 PM EDT

WASHINGTON (AP) — President Donald Trump says Mexico is paying for the wall (it isn’t), health care choice for veterans came from him (it didn’t) and his tax cut stands as the biggest in American history (nowhere close). These are among his touchstones — the falsehoods that span his...

President Donald Trump speaks at a campaign rally at Manchester-Boston Regional Airport, Sunday, Oct. 25, 2020, in Londonderry, N.H. (AP Photo/Alex Brandon)

AP FACT CHECK: Trump and his familiar falsehoods

Oct. 26, 2020 1:21 AM EDT

WASHINGTON (AP) — President Donald Trump says Mexico is paying for the wall (it isn’t), health care choice for veterans came from him (it didn’t) and his tax cut stands as the biggest in American history (nowhere close). These are among his touchstones — the falsehoods that span his...

People watch from their vehicle as President Donald Trump, on left of video screen, and Democratic presidential candidate former Vice President Joe Biden speak during a Presidential Debate Watch Party at Fort Mason Center in San Francisco, Thursday, Oct. 22, 2020. The debate party was organized by Manny's, a San Francisco community meeting and learning place. (AP Photo/Jeff Chiu)

AP FACT CHECK: Trump and Biden in their last clash on stage

Oct. 24, 2020 7:52 AM EDT

WASHINGTON (AP) — A more measured President Donald Trump does not necessarily mean a more truthful one. In the final debate of the presidential campaign, he was loose with facts on the crisis of the time — the pandemic — and much else. Trump did, though, exploit confusion sowed by Joe Biden...

FILE - This photo combo shows incumbent U.S. Rep. Annie Kuster, D-N.H., left, and Republican challenger Steve Negron, right, candidates in New Hampshire's 2nd Congressional District in Nov. 3, 2020, general election. (AP Photos, file)

Kuster, Negron offer contrasting views on virus response

Oct. 23, 2020 9:44 AM EDT

The coronavirus pandemic and how New Hampshire communities have responded dominated a debate Thursday night between Democratic Rep. Annie Kuster and her Republican challenger Steve Negron. Kuster credited the state's low case numbers relative to other states to the way most residents wore masks, social distanced...

Democratic presidential candidate former Vice President Joe Biden answers a question as President Donald Trump listens during the second and final presidential debate Thursday, Oct. 22, 2020, at Belmont University in Nashville, Tenn. (AP Photo/Morry Gash, Pool)

AP FACT CHECK: Falsehoods and fumbles in Trump-Biden debate

Oct. 23, 2020 1:10 AM EDT

WASHINGTON (AP) — The facts took a hit right out of the gate Thursday night. President Donald Trump’s first line of the night, about COVID-19 deaths, was false and set the tone as he and Democratic rival Joe Biden unleashed a torrent of claims in their last presidential debate. Trump misrepresented...

FILE - This Wednesday, Aug. 19, 2009 file photo shows Syrian President Bashar Assad during a meeting with his Iranian counterpart Mahmoud Ahmadinejad in Tehran, Iran. Syria's state media says President Bashar Assad has made a rare public visit to the coastal province of Latakia where he toured areas that suffered heavy damage in last week’s deadly wildfires. (AP Photo/Vahid Salemi, File)

Syria president orders new tax breaks amid rising hardship

Oct. 21, 2020 10:35 AM EDT

DAMASCUS, Syria (AP) — Syria's president decreed a new income tax exemption Wednesday intended to provide relief to low-income earners at a time of deepening economic hardship in the war-ravaged country. The decree exempts those making 50,000 liras ($40) a month or less from paying income tax. The limit...

Britain's Chancellor Rishi Sunak leaves 11 Downing Street in London, Tuesday, Oct. 20, 2020. (AP Photo/Kirsty Wigglesworth)

UK government borrowing hits record due to pandemic

Oct. 21, 2020 9:56 AM EDT

LONDON (AP) — The COVID-19 pandemic is battering Britain’s public finances, pushing government borrowing to a record last month as tax revenue fell and authorities spent billions of pounds to prop up the economy. The government borrowed a net 36.1 billion pounds ($47.1 billion) in September, pushing...

President Donald Trump waves after a campaign rally at Erie International Airport, Tom Ridge Field, Tuesday, Oct. 20, 2020, in Erie, Pa. (AP Photo/Evan Vucci)

Report: Tax records show Trump tried to land China projects

Oct. 20, 2020 10:14 PM EDT

WASHINGTON (AP) — President Donald Trump spent a decade unsuccessfully pursuing projects in China, operating an office there during his first run for president and forging a partnership with a major government-controlled company, The New York Times reported Tuesday. China is one of only three foreign...

Senate President Page Cortez, R-Lafayette, center, gestures as he talks with Commissioner of Administration Jay Dardenne, left, the governor's chief budget adviser, and House Speaker Clay Schexnayder, R-Gonzales, right, on Friday, Sept. 25, 2020, in Baton Rouge, La. The three men, all members of the Revenue Estimating Conference, spoke ahead of the conference's meeting. (AP Photo/Melinda Deslatte)

No tax hikes, benefit drops for Louisiana unemployment fund

Oct. 20, 2020 7:23 PM EDT

BATON ROUGE, La. (AP) — The steep drop in Louisiana's unemployment trust fund balance during the coronavirus outbreak won't trigger a decline in benefits for jobless workers or tax hikes on businesses, state lawmakers have decided. The House unanimously gave final passage Tuesday to a package of measures...

President Donald Trump speaks during a campaign rally at Southern Wisconsin Regional Airport, Saturday, Oct. 17, 2020, in Janesville, Wis. (AP Photo/Andy Manis)

AP FACT CHECK: Trump's falsehoods on virus, taxes and Bidens

Oct. 20, 2020 6:40 PM EDT

WASHINGTON (AP) — Back fully campaigning after COVID-19 sidelined him, President Donald Trump returned to familiar form, spreading a litany of falsehoods. Over the weekend, he asserted yet again the virus was “rounding the corner” when it isn't, misrepresented Democratic rival Joe Biden's...