Share

More Taxes Articles

  • Cuomo wants Astorino to release tax returns

    ALBANY, N.Y. (AP) — Gov. Andrew Cuomo and his Republican opponent, Rob Astorino, traded barbs Monday over tax returns, tax assessments and family photos. Cuomo's campaign began the back-and-forth with a demand that Astorino release his last five tax returns, saying the financial disclosures...

  • U.S. tax system ranks near bottom among developed nations

    The United States has the third least competitive tax system among developed nations, according to a new ranking of countries' tax codes.

  • America's incredible shrinking labor force

    The non-partisan Congressional Budget Office released a new report projecting that labor force participation has not hit bottom yet.

  • Corporate America heads for the exits

    Corporate "inversions" are a problem that President Obama might find intractable, given a corporate tax system that most people agree is outdated and in urgent need of drastic reform at a time when Congress is too divided to fix it.

  • Think Tanks: New York hurts its millionaires

    The Empire Center, a nonpartisan think tank in New York, released a report suggesting that New York has lagged behind the rest of the nation in making new millionaires.

  • Treasury could act next week to prevent companies from leaving U.S.

    "They're preparing to act and they'll act as soon as they're ready," said Rep. Sander Levin, the ranking Democrat on the House Ways and Means Committee, which has jurisdiction over tax issues.

  • Nevada governor signs tax breaks to ink Tesla battery factory deal

    Republican Gov. Brian Sandoval signed legislation late Thursday. Nevada beat out Arizona, New Mexico, Texas and California for the "gigafactory," as it's known. It's projected to bring 20,000 jobs and $100 billion to the economy in 20 years.

  • Nevada governor enacts Tesla tax break package

    CARSON CITY, Nev. (AP) — Calling it one of the most important pieces of legislation in Nevada history, Gov. Brian Sandoval signed into law an unprecedented package of incentives to seal a deal to bring Tesla Motors' $5 billion battery factory to the Silver State. The "gigafactory" is expected...

  • Democratic senators appeal directly to Burger King CEO to stop inversion

    In a letter addressed to Burger King CEO Daniel S. Schwartz, Majority Whip Dick Durbin and four other senators urged the company to back out of the deal to merge with Canadian chain Tim Hortons and move the combined company's headquarters to Canada.

  • Buffett called GOP senator before Burger King deal

    Noting that he's friends with Buffett, Hatch said that the Omaha-based investor "called me to say, 'you gotta do something about tax inversions.' I believe that was before he entered into the Burger King situation. I think he wanted to know where we were going."

  • GOP tax writer: Treasury has a hidden tax-reform plan

    "I believe the Treasury Department has completed — or is very close to completing — such a plan, but refuses to make it public," House Ways and Means Committee Chairman Dave Camp said Wednesday.

  • Support wanes for stopping tax inversions before November elections

    Although lawmakers in both parties are concerned about them, Democrats aren't likely to call a vote regarding "tax inversions" before the election.

  • House OKs bill that would avert $1.1B tax payout

    LANSING, Mich. (AP) — Michigan would keep an estimated $1.1 billion it is at risk of being forced to refund to out-of-state companies under a bill approved Tuesday by the House, which moved to insulate the state from a potentially budget-busting court decision. On lawmakers' first day of a...

  • Schumer preps bill to penalize companies that inverted as far back as 1994

    The New York senator, the number three Democrat in the upper chamber, is likely to roll out the bill as likely as this week in an effort to forestall so-called corporate inversions.

  • Jack Lew: Decision on executive action on taxes 'in the very near future'

    Speaking at an event on business taxes at the Urban Institute in Washington, Lew placed the responsibility on Congress to address so-called tax inversions, but said that the administration was prepared to step in if lawmakers don't move quickly enough.



From the Weekly Standard