Latest National taxes News

President Donald Trump speaks at a news conference in the James Brady Press Briefing Room at the White House, Wednesday, Aug. 12, 2020, in Washington. (AP Photo/Andrew Harnik)

AP FACT CHECK: Trump payroll tax cut is Social Security risk

Aug. 13, 2020 9:16 PM EDT

BALTIMORE (AP) — President Donald Trump’s proposed payroll tax cut is a threat to Social Security no matter how he casts it. During a news conference Wednesday, he insisted he could eliminate the tax if he were reelected, and do it without undercutting retirement benefits or greatly adding to the...

President Donald Trump speaks at a news conference in the James Brady Press Briefing Room at the White House, Thursday, Aug. 13, 2020, in Washington. (AP Photo/Andrew Harnik)

Trump's suggestion to eliminate payroll tax doesn't add up

Aug. 13, 2020 8:42 PM EDT

WASHINGTON (AP) — President Donald Trump’s push to cut Social Security payroll taxes for the rest of the year — and even arguing for a permanent cut — would do little to bolster the coronavirus-battered economy in the short term and could destabilize long-term funding for benefits that...

President Donald Trump signs an executive order during a news conference at the Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 8, 2020. (AP Photo/Susan Walsh)

Business lobby raises concerns over Trump payroll tax break

Aug. 12, 2020 6:02 PM EDT

WASHINGTON (AP) — The nation's leading business group on Wednesday raised serious concerns about President Donald Trump's move to defer Social Security payroll taxes for American workers, warning that the plan for a shot of economic relief during the coronavirus pandemic could prove unworkable. The U.S....

Editorial Roundup: US

Aug. 12, 2020 3:29 PM EDT

Excerpts from recent editorials in the United States and abroad: ___ Aug. 11 The Los Angles Times on TikTok and WeChat: Even before President Trump signed an executive order that could soon smother social network TikTok, Microsoft emerged as a potential savior for the U.S.-based but Chinese-owned video snacking...

Judge: Postage requirement for mail ballots isn't a poll tax

Aug. 11, 2020 5:56 PM EDT

ATLANTA (AP) — A federal judge on Tuesday rejected an argument that requiring voters to provide their own stamps for mail-in ballots and ballot applications amounts to an unconstitutional poll tax. A lawsuit filed in April by the American Civil Liberties Union and its Georgia chapter alleged that the...

Immigrants comprise 5% of North Dakota's population

Aug. 11, 2020 12:18 PM EDT

MINOT, N.D. (AP) — Data from the American Immigration Council shows North Dakota has a small but growing community of immigrants, with many coming from the Philippines. The council's latest figures from 2018 show 35,824 foreign-born individuals comprised 5% of the state's population. Immigrants made up 6%...

President Donald Trump talks with reporters before departing from Morristown Municipal Airport in Morristown, N.J., Sunday, Aug. 9, 2020. Trump was returning to Washington after spending the weekend at Trump National Golf Club. (AP Photo/Susan Walsh)

Dems say Trump's payroll tax break weakens Social Security

Aug. 11, 2020 5:36 AM EDT

WASHINGTON (AP) — President Donald Trump’s move to defer Social Security payroll taxes could be taking him into treacherous political territory. His directive — aimed at boosting an economy shaken by the coronavirus pandemic — doesn’t affect retirement benefits but impacts how...

President Donald Trump talks with reporters before departing from Morristown Municipal Airport in Morristown, N.J., Sunday, Aug. 9, 2020. Trump was returning to Washington after spending the weekend at Trump National Golf Club. (AP Photo/Susan Walsh)

Dems say Trump's payroll tax break weakens Social Security

Aug. 10, 2020 7:32 PM EDT

WASHINGTON (AP) — President Donald Trump’s move to defer Social Security payroll taxes could be taking him into treacherous political territory. His directive — aimed at boosting an economy shaken by the coronavirus pandemic — doesn’t affect retirement benefits but impacts how...

FILE- In this April 25, 2020 file photo, New Jersey Gov. Phil Murphy speaks during his daily press briefing at the War Memorial in Trenton, N.J. State and local government officials across the U.S. have been on edge for months about how to keep basic services running while covering rising costs related to the coronavirus outbreak as tax revenue plummeted. On Monday, Aug. 10, 2020 governors, lawmakers, mayors, teachers and others said they were going to keep pushing members of Congress to revive the talks and agree to another rescue package. (Chris Pedota/The Record via AP)

No federal relief leaves states, cities facing big deficits

Aug. 10, 2020 5:30 PM EDT

State and local government officials across the U.S. have been on edge for months about how to keep basic services running while covering rising costs related to the coronavirus outbreak as tax revenue plummeted. It’s now clear that anxiety will last a lot longer. Congressional talks over another...

Trump lawyers make final pitch to block tax record release

Aug. 10, 2020 2:38 PM EDT

NEW YORK (AP) — President Donald Trump’s lawyers made a final pitch Monday to block a New York prosecutor from getting his tax records, saying the Democrat was still “fishing for a way to justify his harassment of the President.” The lawyers made their written submission to a federal...