Latest National taxes News

See-through barriers separate gamblers and a dealer at a card table at the Hard Rock casino in Atlantic City, N.J., on July 2, 2020, the first day it reopened after being closed for four months due to the coronavirus outbreak. American Gaming Association President Bill Miller said Tuesday, Oct. 27, 2020, the industry is adapting to the pandemic but needs assistance from the government for its casinos and workers. (AP Photo/Wayne Parry)

Still hampered by virus, US casinos want aid in recovering

Oct. 27, 2020 11:58 AM EDT

ATLANTIC CITY, N.J. (AP) — The U.S. casino industry is seeking tax and regulatory relief from the government as it tries to recover from the coronavirus outbreak, which cost states more than $2 billion in lost tax revenue while casinos were shut down for four months this year. While 90% of casinos have...

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...

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...

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...

Toby Gregory's yard that is adorned with 1,006 white crosses to represent Oklahoma deaths due to COVID-19, Wednesday, Oct. 14, 2020, in Tulsa, Okla. Gregory was able to keep up with the state death toll until last week, and then it became too many. He says he doesn't have the room or supplies to keep up with the current death toll, but will do about 50 more crosses. (Mike Simons/Tulsa World via AP)

The Latest: Ireland sets new virus restrictions for 6 weeks

Oct. 19, 2020 8:12 PM EDT

LONDON — Ireland’s government is putting the country at its highest level of coronavirus restrictions for six weeks in a bid to combat a rise in infections. Premier Micheal Martin said Monday the measures take effect at midnight Wednesday and run until Dec. 1. People are being asked to stay at home,...