Latest National taxes News

Judge dismisses Trump lawsuit against NY over tax returns

Nov. 11, 2019 3:46 PM EST

WASHINGTON (AP) — A federal judge on Monday dismissed President Donald Trump's lawsuit against New York officials that was aimed at preventing the release of his tax returns. Judge Carl Nichols handed down a 19-page ruling, finding the U.S. District Court in Washington, D.C., does not have jurisdiction to...

McConnell: Bevin 'had a good 4 years,' but likely lost

Nov. 11, 2019 2:38 PM EST

GHENT, Ky. (AP) — Senate Majority Leader Mitch McConnell says Kentucky Gov. Matt Bevin "had a good four years," but he says a review of Bevin's narrow reelection defeat is unlikely to change the outcome. Bevin trailed Democrat Andy Beshear by about 5,000 votes in the Nov. 5 election. A re-canvass of votes...

As hunters decline, group want millennials in the blinds

Nov. 10, 2019 11:29 AM EST

MEMPHIS, Tenn. (AP) — The millennial age group has been blamed for the decline of such cultural mainstays as American cheese, homeownership, golf and middle children. But, at least in Tennessee, younger generations are being looked to in hopes of increasing the number of people who participate in another...

Minnesota governor pursuing more electric cars for the state

Nov. 9, 2019 1:06 AM EST

MINNEAPOLIS (AP) — Gov. Tim Walz is on a crusade. He wants to lower carbon emissions from Minnesota's transportation sector, and says his latest plan to adopt California rules for tailpipe emissions could help make a dent, in part by invigorating a lagging market for electric vehicles. "If we had more...

Trump lawyers to ask high court to hear tax case by Thursday

Nov. 8, 2019 5:47 PM EST

NEW YORK (AP) — Lawyers for President Donald Trump say they'll ask the U.S. Supreme Court by Thursday to hear an appeal of rulings saying New York state prosecutors can obtain his tax records. Lawyers for Trump and the state prosecutor said in a letter to U.S. District Judge Victor Marrero Friday that they...

Pro athletes, players unions, sue over Pittsburgh 'jock tax'

Nov. 8, 2019 11:24 AM EST

PITTSBURGH (AP) — Current and former professional athletes and players' unions have sued Pittsburgh over a tax levied on visiting pro athletes. At issue are so-called "jock taxes" typically levied on professional athletes who work for short periods of time in cities. The Pittsburgh lawsuit argues the city...

Warren health plan departs from US 'social insurance' idea

Nov. 7, 2019 1:48 PM EST

WASHINGTON (AP) — Sen. Elizabeth Warren's plan to pay for "Medicare for All" without raising taxes on the middle class departs from how the U.S. has traditionally financed bedrock social insurance programs. That might impact its political viability now and in the future. While echoing her party's...

Senate approves bill that would end Miller Park tax

Nov. 5, 2019 6:38 PM EST

MADISON, Wis. (AP) — The state Senate has approved a bill to end the sales tax that funded construction of Miller Park by next summer. The 0.1% sales tax has been in effect in Milwaukee, Ozaukee, Washington, Waukesha and Racine counties since 1996. Under current law, the tax would end when the stadium...

Appeals court agrees Trump tax returns can be turned over

Nov. 4, 2019 2:12 PM EST

NEW YORK (AP) — President Donald Trump's tax returns can be turned over to New York prosecutors by his personal accountant, a federal appeals court ruled Monday, leaving the last word to the Supreme Court The decision by the 2nd U.S. Circuit Court of Appeals in Manhattan upholds a lower court decision in...

Why Trump tariffs haven't revitalized American steelmakers

Nov. 4, 2019 12:40 PM EST

WASHINGTON (AP) — President Donald Trump's move last year to tax imported steel triggered jeers but also cheers. Its goal — to raise steel prices — threatened to hurt the legions of U.S. manufacturers that depend on steel. But at least it would benefit U.S. steel companies and the Americans...