Government taxation and revenue

1010 WINS Newsroom
October 01, 2019 - 9:52 pm
SACRAMENTO, Calif. (AP) — A U.S. judge on Tuesday temporarily blocked a California law aimed at forcing President Donald Trump to release his personal income tax returns in order to appear on the 2020 primary ballot. U.S. District Judge Morrison C. England Jr. issued a written opinion saying the...
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FILE - In this Feb. 14, 2019, file photo, New York Gov. Andrew Cuomo speaks before signing a bill in New York. Cuomo said that the plaintiffs in a challenge to the Republican-led tax overhaul filed last year "are evaluating all options including appeal," after a federal judge in New York has ruled that the 2017 federal tax overhaul's cap on state and local tax deductions was not an "unconstitutional assault" on the sovereignty of high-tax Democratic-leaning states. (AP Photo/Seth Wenig, File)
1010 WINS Newsroom
October 01, 2019 - 9:09 pm
NEW YORK (AP) — A federal judge in New York has ruled that the 2017 federal tax overhaul's cap on state and local tax deductions was not an "unconstitutional assault" on the sovereignty of high-tax Democratic-leaning states. Judge J. Paul Oetken dismissed a challenge on Monday to the Republican-led...
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In this Sept. 30, 2019, photo, a signboard says "Consumption tax hike, 8 percent to 10 percent", at a mass home electronics retailer in Tokyo. Japan has raised consumption tax to 10 percent from 8 percent, amid concerns that it could sink the Japanese economy though government officials say ample measures are taken to minimize the impact. (Shinji Kita/Kyodo News via AP)
1010 WINS Newsroom
September 30, 2019 - 11:43 pm
TOKYO (AP) — Japan's national sales tax was raised to 10% from 8% on Tuesday, amid concerns that the long-delayed move could derail the fragile growth path of the world's third largest economy. Officials said ample measures were taken to minimize the impact of the hike after previous tax increases...
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1010 WINS Newsroom
September 27, 2019 - 10:27 am
PARIS (AP) — The French government has pledged to cut taxes for households next year to the tune of 9 billion euros ($9.8 billion), a spending boost that has its roots in the yellow vest movement that broke out last winter. Finance Minister Bruno Le Maire presented the 2020 budget to Cabinet on...
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FILE-In this Tuesday, Jan. 27, 2015 file photo, Terry, cleans out his tent at a large homeless encampment, near downtown St. Louis. The gap between the haves and have-nots in the United States grew last year. Income inequality in the United States expanded from 2017 to 2018, with several heartland states among the leaders of the increase, even though several wealthy coastal states still had the most inequality overall, according to figures released Thursday, Sept. 26, 2019, by the U.S. Census Bureau. (AP Photo/Jeff Roberson)
1010 WINS Newsroom
September 26, 2019 - 7:09 am
ORLANDO, Fla. (AP) — The gap between the haves and have-nots in the United States grew last year to its highest level in more than 50 years of tracking income inequality, according to Census Bureau figures. Income inequality in the United States expanded from 2017 to 2018, with several heartland...
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Democratic presidential candidate U.S. Sen. Bernie Sanders, I-Vt., speaks during a brief campaign stop at Town Clock Plaza in Dubuque, Iowa, Monday, Sept. 23, 2019. (Nicki Kohl/Telegraph Herald via AP)
1010 WINS Newsroom
September 24, 2019 - 3:10 pm
WASHINGTON (AP) — Elizabeth Warren's call for a new 2% tax on the wealthiest Americans is so popular among her supporters that impromptu chants of "two cents" routinely surface at her rallies. But Bernie Sanders, Warren's chief competitor for liberal voters in the Democratic presidential race, made...
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FILE - This June 26, 2019 file photo shows a Starbucks sign outside a Starbucks coffee shop in downtown Pittsburgh. In a ruling Tuesday Sept. 24, 2019, a European Union court overturned a ruling by the European Commission that a tax deal between the Dutch government and Starbucks amounted to illegal state support for the coffee giant. (AP Photo/Gene J. Puskar, File)
1010 WINS Newsroom
September 24, 2019 - 9:09 am
BRUSSELS (AP) — A European Union court ruled Tuesday that a tax deal between the Dutch government and Starbucks did not amount to illegal state support, as claimed by regulators, delivering a blow to the bloc's efforts to crack down on sweetheart tax breaks for multinationals. The General Court...
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FILE - This June 26, 2019 file photo shows a Starbucks sign outside a Starbucks coffee shop in downtown Pittsburgh. In a ruling Tuesday Sept. 24, 2019, a European Union court overturned a ruling by the European Commission that a tax deal between the Dutch government and Starbucks amounted to illegal state support for the coffee giant. (AP Photo/Gene J. Puskar, File)
1010 WINS Newsroom
September 24, 2019 - 5:25 am
THE HAGUE, Netherlands (AP) — A European Union court overturned Tuesday a ruling by the European Commission that a tax deal between the Dutch government and Starbucks amounted to illegal state support for the coffee giant. Dutch authorities had clawed back 25.7 million euros ($28 million) from the...
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In this Thursday, Sept. 19, 2019, photo, a man holding a cup of coffee monitors the stock prices at a brokerage house in Beijing. Asian shares were mostly higher on Friday, Sept. 20, 2019 after a lackluster session on Wall Street, as investors shifted their focus to China-U.S. trade talks after a busy week of central bank news. (AP Photo/Andy Wong)
1010 WINS Newsroom
September 20, 2019 - 4:11 am
BANGKOK (AP) — World shares were mixed on Friday, while India's benchmark jumped more than 5% after the government announced plans to cut corporate taxes. Germany's DAX fell 0.1% to 12,440.12 and the CAC 40 in France lost 2.9 points to 5,656.24. Britain's FTSE 100 gave up 0.3% to 7,334.05. Wall...
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FILE - In this Sept. 5, 2019, file photo, Indian workers prepare packing of clutch buttons at an auto component manufacturing factory on the outskirts of New Delhi, India. Asian shares advanced Friday, Sept. 20, 2019, and India’s benchmark jumped 5.4% after the government announced plans to cut corporate taxes. (AP Photo/Altaf Qadri, File)
1010 WINS Newsroom
September 20, 2019 - 3:52 am
NEW DELHI (AP) — The Indian government on Friday announced a slew of concessions aimed at boosting the economy that will reduce most corporate taxes for local companies to about 25% from 30%. Finance Minister Nirmala Sitharaman said the lower tax rates will retroactively apply from April 1, the...
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