Latest National taxes News
N.C. bond packages resurface after veto crumbled cash plan
RALEIGH, N.C. (AP) — Borrowing money to pay for North Carolina university and school buildings, roads and other projects is getting attention again at the General Assembly after a pay-as-you-go construction expansion plan crumbled last year beneath a veto. Republican House Speaker Tim Moore and other...
Pennsylvania preps short-term budget amid virus uncertainty
HARRISBURG, Pa. (AP) — Pennsylvania state government began advancing a temporary, no-new-taxes budget plan Tuesday that maintains current spending levels while budget makers watch to see how badly coronavirus-related shutdowns damage tax collections and whether the federal government sends another aid...
Walmart Mexico pays Mexico about $359 million in back taxes
MEXICO CITY (AP) — Walmart de Mexico said Monday it has paid the Mexican government the equivalent of about $359 million in taxes for its 2014 sale of a restaurant chain known as VIP’s after tax authorities demanded it. The payment appears to mark a victory for President Andrés Manuel...
County investigates tax collector for wrongly waiving fees
VALDOSTA, Ga. (AP) — A south Georgia tax collector has been waiving penalties and interest for some residents and not others, even though county commissioners had told him to stop. The Valdosta Daily Times reports Lowndes County Tax Commissioner Rodney Cain waived almost $3 million in penalties and...
Portland, Oregon, homeless tax wins handily amid virus woes
PORTLAND, Ore. (AP) — A measure to tax the wealthiest residents and the biggest businesses in Portland, Oregon, to raise $2.5 billion over a decade to address homelessness sailed to victory as final ballots were tallied Wednesday, even as the state faces crippling revenue losses and record-high...
Dutch government asks prosecutors to probe tax office
THE HAGUE, Netherlands (AP) — The Dutch government reported its own taxation office to public prosecutors on Tuesday, seeking an investigation into possible discrimination in a long-running scandal centered on civil servants trying to track down parents fraudulently claiming child care benefits. The case...
GOP: Graduated tax 'cash grab' will stifle pandemic recovery
SPRINGFIELD, Ill. (AP) — Illinois Republicans on Monday demanded that the General Assembly vote on removing from the fall ballot Gov. J.B. Pritzker's proposed graduated income tax structure, saying the state's pandemic-pillaged economy can't sustain higher taxes. House Minority Leader Jim Durkin and Senate...
Editorial Roundup:
The Detroit News. May 16, 2020. Use relief funds for recovery alone As the federal government spends astronomical sums to combat the effect of economic slowdowns due to the pandemic, Congress needs to make sure that these funds are targeted as narrowly as possible. House Democrats have presented their latest...
Puerto Rico to hold statehood referendum amid disillusion
SAN JUAN, Puerto Rico (AP) — Gov. Wanda Vázquez announced on Saturday that she will hold a nonbinding referendum in November to decide whether Puerto Rico should become a U.S. state, a move that comes amid growing disillusion with the island’s U.S. territorial status. For the first time in the...
Portland, Oregon, homeless tax tests voter mood in pandemic
PORTLAND, Ore. (AP) — Voters in metropolitan Portland, Oregon, will be asked Tuesday to approve taxes on personal income and business profits that would raise $2.5 billion over a decade to fight homelessness even as the state grapples with the coronavirus and its worst recession in years. The ballot...
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