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More Taxes Articles

  • Congress should crack down on itself, not on Burger King

    A simple change in how its members can hold their wealth is far a more promising reform than the fool's errand of sniping at formerly American companies as they flee.

  • Audit: $662,000 given to failing farmer's market

    CHARLESTON, W.Va. (AP) — The state Department of Agriculture spent $662,000 in federal money on refrigeration upgrades at a failing farmer's market, according to an audit. The report follows an audit detailing problems under former Agriculture Commissioner Gus Douglass. The main issue stemmed...

  • Obamacare to wreak havoc during tax season

    As many as 85 percent of Americans who signed up for Obamacare plans are receiving some sort of federal subsidies, putting them at financial risk down the road if their incomes are different than what they first estimated.

  • Alaska voters reject repeal of 2013 petroleum tax

    ANCHORAGE, Alaska (AP) — Alaska voters have retained a new petroleum production tax system that offers hope of increased investment and jobs but drew criticism as a giveaway to already profitable oil companies. The state Division of Elections counted 17,721 absentee and early votes Tuesday,...

  • Wendy Davis penalized for late tax payment

    After months of delay, Texas state senator and Democratic gubernatorial candidate Wendy Davis finally released her full 2013 tax return this week -- and it turns out she was hit with a fine for late payment.

  • Name of Idaho's new tax break applicant withheld

    BOISE, Idaho (AP) — State officials won't release the name of a company applying for Idaho's newest tax break incentive, said Idaho Commerce Jeff Sayer. Instead, details of the company's proposed project, job descriptions and estimated state tax revenue were discussed in executive session while...

  • Paul Ryan: Limit home mortgage deduction to the middle class

    Rep. Paul Ryan said in an interview on Monday that he favors limiting the home mortgage tax deduction to "middle income people" but opposes curbing deductions for contributions to charity.

  • Will losing Burger King make Americans care about corporate taxes?

    If any company could make Americans care about international corporate taxation, it might be Burger King.

  • The Obama bank shakedown

    The Bank of America settlement "highlights a pattern of the government extorting the banks," said a former Wells Fargo CEO, and he's absolutely right.

  • The White House hates tax inversions but won't criticize Burger King

    The White House resisted a chance Monday to denounce Burger King for potentially relocating its headquarters to Canada as part of a possible purchase of doughnut and coffee chain Tim Hortons, even though President Obama has repeatedly ripped such corporate moves.

  • Burger King seeking to acquire Tim Hortons and move headquarters to Canada

    Burger King would be one of the largest and most well-known companies to seek to leave the U.S. in a so-called corporate inversion, in which a U.S. company buys a smaller foreign company in a lower-tax jurisdiction and then places its headquarters in the foreign country to lower its tax bill.

  • Tax refunds may get hit due to health law credits

    WASHINGTON (AP) — Taxes? Who wants to think about taxes around Labor Day? But if you count on your tax refund and you're one of the millions getting tax credits to help pay health insurance premiums under President Barack Obama's law, it's not too early. Here's why: If your income for 2014 is...

  • New Jersey lawmakers may change inheritance tax

    TRENTON, N.J. (AP) — Lawmakers are looking into repealing New Jersey's inheritance tax and raising the threshold for paying an estate tax. The state is one of only two that taxes both now, according to The Record (http://bit.ly/1p4cfEn). The inheritance tax makes those other than the spouse,...

  • Ascension council agrees to new tax plan

    GONZALES, La. (AP) — The Ascension council has agreed to amend the way it collects sales tax revenues in portions of taxing districts annexed by municipalities, creating a small tax break for some shoppers. The Advocate reports (http://bit.ly/1ohJMuE ) the matter came to light after the recent...

  • SpaceX gets 10-year tax exemption for Texas site

    BROWNSVILLE, Texas (AP) — Cameron County commissioners have agreed to waive 10 years of county taxes as part of an agreement bringing the world's first commercial site for orbital rocket launches to the southernmost tip of Texas. The county's governing board on Thursday also approved a draft of...



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