Latest Tax reform News

Lawmakers: Utah tax overhaul to be repealed amid opposition

Jan. 23, 2020 3:43 PM EST

SALT LAKE CITY (AP) — A contentious tax-overhaul in Utah will be repealed amid growing voter backlash to the plan that would raise taxes on food and groceries while cutting income tax, Republican legislative leaders said Thursday. The repeal was announced after an effort to challenge it through a citizen...

French Finance Minister Bruno Le Maire, left, and European Trade Commissioner Phil Hogan attend a media conference after their meeting in Paris, Tuesday, Jan. 7, 2020. The talks are focused on U.S. tariffs on French wine and other goods. (AP Photo/Michel Euler)

US-French tax truce a respite in tense relations with EU

Jan. 22, 2020 1:06 PM EST

DAVOS, Switzerland (AP) — France will delay its tax on big tech firms like Google and Facebook in exchange for the United States's promise to hold off retaliatory tariffs — a potential sign of goodwill in the U.S. and European Union's increasingly tense relations over trade. After U.S. President...

Utah tax law repeal supporters say measure will go to ballot

Jan. 22, 2020 11:33 AM EST

SALT LAKE CITY (AP) — Supporters of an effort to overturn recent changes to Utah's tax laws collected enough signatures to put the issue on the November ballot, they said. The tax reform package passed last month in a special state legislative session reduces income taxes while raising sales tax on food,...

Progressive Democrats propose tax package for education plan

Jan. 15, 2020 2:59 PM EST

ANNAPOLIS, Md. (AP) — A coalition of unions and progressive Maryland Democrats announced a package of tax measures on Wednesday to raise money for a plan to improve education in the state. Del. Julie Palakovich Carr, a Montgomery County Democrat, estimated the package of 10 measures could raise an...

Vegas teachers file petition for casino tax hike initiative

Jan. 14, 2020 7:58 PM EST

LAS VEGAS (AP) — Las Vegas-area teachers want to ask Nevada voters to approve a state constitutional amendment to hike taxes on the largest casinos in the state to raise as much as $315 million a year. An initiative and petition filed Monday with state election officials is sponsored by a new political...

Surrounded by friends, family and supporters former Speaker of the House Greg Hughes announces his campaign run for Governor of Utah at Dee's Automotive in Murray, Utah.,  Wednesday, Jan. 8, 2020. (Francisco Kjolseth/The Salt Lake Tribune via AP)

Ex-House speaker enters crowded GOP field for Utah governor

Jan. 8, 2020 4:04 PM EST

MURRAY, Utah (AP) — Former Utah House speaker Greg Hughes pitched himself as a conservative, dynamic candidate for governor Wednesday at a campaign announcement held at an auto-repair shop owned by an immigrant family. Hughes said he’s the only GOP candidate so far aiming to secure a spot on the...

Spain's caretaker Prime Minister Pedro Sanchez, right and Podemos party leader Pablo Iglesias clasp hands after signing an agreement between the two parties in the Spanish parliament in Madrid, Spain, Monday, Dec. 30, 2019. Sanchez hopes to form center-left governing alliance to take office in the country in the coming days. (AP Photo/Paul White)

Spain: Socialists pin future government on Catalan's release

Dec. 30, 2019 1:08 PM EST

MADRID (AP) — Two left-wing parties striving to form Spain's first coalition government in decades joined forces Monday announcing plans to hike taxes on the rich and boost social spending if they take office with the key acquiescence of a Catalan pro-independence party. But the final go-ahead to a...

Italy's premier Giuseppe Conte speaks during his year-end press conference at Villa Madama, in Rome, Saturday, Dec. 28, 2019. Conte insists his squabbling coalition will last three more years, even after a minister recently quit in protest. (Giuseppe Lami/ANSA via AP)

Italy's premier: Squabbling coalition will last 3 more years

Dec. 28, 2019 10:58 AM EST

ROME (AP) — Italy's premier insisted Saturday his squabbling coalition will last three more years, even after a minister quit in protest and despite nervousness over a regional election that could help the popularity of right-wing forces. Premier Giuseppe Conte brushed off concerns that his government,...

Utah groups pushing for referendum on new tax reform law

Dec. 24, 2019 9:12 AM EST

SALT LAKE CITY (AP) — Supporters of a citizens referendum have said that they have bipartisan support to overturn a new Utah tax reform law. One Democratic and two Republican gubernatorial candidates signed the petition during a news conference at the Capitol Monday, The Deseret News reported. Organizers...

Oregonians to see increased cost for car registrations

Dec. 22, 2019 10:02 AM EST

EUGENE, Ore. (AP) — Oregonians will have to pay $18 to $110 more per year to register their vehicles come Jan. 1 as the state implements a new tiered fee structure with higher rates for vehicles with better gas mileage. The change will add the most front-end cost to owners of fuel-efficient hybrids and...