Government taxation and revenue

FILE - In this Saturday, Jan. 5, 2019, file photo, Sen. Elizabeth Warren, D-Mass., speaks during an organizing event at Curate event space in Des Moines, Iowa. (AP Photo/Matthew Putney, File)
February 03, 2019 - 5:16 pm
WASHINGTON (AP) — The last Democrat to win a presidential election, Barack Obama, ran in 2012 on a platform of raising taxes for top earners to nearly 40 percent. Now a new crop of Democratic presidential hopefuls is signaling that they want to go even further. Massachusetts Sen. Elizabeth Warren...
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February 01, 2019 - 7:27 pm
NEW YORK (AP) — Amazon will not take advantage of a federal program offering massive tax breaks when it builds headquarters in New York City. The internet shopping giant told the New York City Council this week that it had no plans to directly benefit from the Opportunity Zone program offering cuts...
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FILE - This May 1, 2018 file photo shows Merck corporate headquarters in Kenilworth, N.J. Merck & Co. reports earnings Friday, Feb. 1, 2019. (AP Photo/Seth Wenig, File)
February 01, 2019 - 8:58 am
Higher medicine sales and lower restructuring and other costs lifted drugmaker Merck to a $1.83 billion profit in the fourth quarter, as it edged past Wall Street expectations. The maker of blockbuster cancer drug Keytruda and Januvia diabetes pills lost $1.05 billion a year earlier, when it had a...
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An Indian worker carries a sacks containing interim federal budget documents for the year 2019, that will be distributed to lawmakers at the parliament house in New Delhi, India, Friday, Feb. 1, 2019. The Bharatiya Janata Party-led National Democratic Alliance government will present its last budget of five-year tenure on Feb. 1 as it prepares to face tens of millions of voters in national elections to be held by May. (AP Photo/Manish Swarup)
February 01, 2019 - 7:06 am
NEW DELHI (AP) — Indian Prime Minister Narendra Modi's government on Friday announced cash handouts for small farmers, a pension scheme for informal workers and a doubling of tax relief for the lower middle class in an interim budget designed to shore up its popularity ahead of national elections...
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FILE - In t his Oct. 1, 2014, file photo, soft drinks are displayed for sale at a market in San Francisco. A federal appeals court has blocked a San Francisco law requiring health warnings on advertisements for soda and other sugary drinks in a victory for beverage and retail groups that sued to block the ordinance. The 9th U.S. Circuit Court of Appeals says in a unanimous ruling Thursday, Jan. 31, 2019, that the law violates constitutionally-protected commercial speech. (AP Photo/Jeff Chiu, File)
January 31, 2019 - 7:42 pm
SAN FRANCISCO (AP) — A federal appeals court on Thursday blocked for a second time a San Francisco law requiring health warnings on advertisements for soda and other sugary drinks in a victory for beverage and retail groups that sued to block the ordinance. The law violates constitutionally...
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In this Jan. 30, 2019, photo, Sen. Bernie Sanders, I-Vt., speaks on Capitol Hill in Washington. Sanders on Thursday released a plan to significantly hike taxes on the wealthiest 0.2 percent of Americans, the latest in a series of proposals from Democratic presidential contenders to combat income inequality by shifting tax burdens to the upper class. (AP Photo/Andrew Harnik)
January 31, 2019 - 3:13 pm
WASHINGTON (AP) — Bernie Sanders is proposing a significant hike in taxes on the very wealthiest Americans, pitching an expanded estate tax that his office estimates would hit 588 of the nation's billionaires. Sanders' plan is the latest in a series of proposals from Democratic presidential...
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Activists from anti-globalization organisation Attac stage a protest at Google's Paris headquarters to criticize the company's tax evasion policies, in Paris, Thursday, Jan. 31, 2019. According to Attac, Google's French subsidiary reported revenue of 325 million euros (371 million dlrs) in 2017 and paid 14 million euros (16 million dlrs) in income tax. The group says Google France shifts more than 85 percent of its French revenue to countries with more favorable tax regimes. France's finance minister Bruno Le Maire earlier this month announced plans to tax multinational technology companies such as Google with a turnover of more than 750 million euros worldwide and 25 million euros in France. (AP Photo/Francois Mori)
January 31, 2019 - 6:52 am
PARIS (AP) — Activists from an anti-globalization group have staged a protest at Google's Paris headquarters to criticize the company for paying little tax. Attac members gathered at Google's offices Thursday and set up a pulley to pass bags of fake money between the firm's premises and a public...
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FILE - In this June 28, 2018, file photo, President Donald Trump, center, along with Wisconsin Gov. Scott Walker, left, and Foxconn Chairman Terry Gou participate in a groundbreaking event for the new Foxconn facility in Mt. Pleasant, Wis. Foxconn Technology Group said Wednesday, Jan. 30, 2019 it is shifting the focus of its planned $10 billion Wisconsin campus away from blue-collar manufacturing to a research hub, while insisting it remains committed to creating 13,000 jobs as promised. (AP Photo/Evan Vucci, File)
January 30, 2019 - 5:38 pm
MADISON, Wis. (AP) — Electronics giant Foxconn reversed course and announced Wednesday that the huge Wisconsin plant that was supposed to bring a bounty of blue-collar factory jobs back to the Midwest — and was lured with billions in tax incentives — will instead be primarily a research and...
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FILE - In this photo May 22, 2012 file photo, Charles Koch speaks in his office at Koch Industries in Wichita, Kan. Hundreds of wealthy donors gathered by billionaire industrialist Charles Koch will be meeting this weekend of Jan. 26, 2019, for the first time since the influential conservative political network announced it won't spend any money on the 2020 presidential race. (Bo Rader/The Wichita Eagle via AP, File)
January 26, 2019 - 8:18 pm
INDIAN WELLS, Calif. (AP) — A record-breaking number of wealthy donors have gathered at conservative billionaire industrialist Charles Koch's private weekend retreat, where leaders of the powerful political network have taken a decidedly different, more politically muted tone than in years past...
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Scott, a furloughed government worker with the IRS volunteers his time to hand out free food and supplies to other furloughed government workers affected by the shutdown at World Central Kitchen, the not-for-profit organization started by Chef Jose Andres, Tuesday, Jan. 22, 2019 in Washington. The organization devoted to providing meals in the wake of natural disasters, has set up a distribution center just blocks from the U.S. Capitol building to assist those affected by the government shutdown. (AP Photo/Andrew Harnik)
January 25, 2019 - 4:13 pm
WASHINGTON (AP) — The IRS' workforce will return to full strength under the short-term deal to reopen the government struck Friday by President Donald Trump and congressional leaders. But the disruption from the partial shutdown and the recent absence of a large contingent of recalled IRS employees...
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