Tag: National taxes

Newsom’s spending binge reshapes California recall election

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LOS ANGELES — A fading coronavirus crisis and an astounding windfall of tax dollars have reshuffled California’s emerging recall election, allowing Democratic Gov. Gavin...

Feds say Swiss company to pay $77M over US tax evaders

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NEW YORK — Switzerland’s biggest and oldest life insurance company will pay more than $77 million to the U.S. Treasury after admitting it helped...

Company: Ex-Trump lawyer raiding nonprofit for personal use

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Former Trump attorney and self-proclaimed “Kraken releaser” Sidney Powell has told prospective donors that her group, Defending the Republic, is a legal defense fund...

Maryland business owner pleads guilty to tax evasion

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BALTIMORE — The owner of a Maryland physical therapy business is facing up to five years in prison after pleading guilty to not paying...

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BOGOTA, Colombia — Colombia’s finance minister resigned on Monday following five days of protests over a tax reform proposal that left at least 17...

Yellen: Biden’s phased-in spending plan won’t fuel inflation

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WASHINGTON — President Joe Biden’s massive proposed spending on infrastructure, families and education will not fuel inflation because the plans would be phased in...

Biden’s corporate tax plan takes aim at income inequality

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WASHINGTON — From John Kennedy to Ronald Reagan to Donald Trump, American presidents have taken aim at corporate America's tax-avoidance schemes before — and...

A look at how US corporations manage the tax system

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WASHINGTON — As American corporations have generated an ever-smaller share of federal tax revenue, the burden has fallen more heavily on individuals, through the...

Key piece of Biden’s $1.8T families plan expires after 2025

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WASHINGTON — President Joe Biden couldn’t get everything he wanted into his own $1.8 trillion families plan. ...

Officials in Switzerland push back at Biden ‘tax haven’ barb

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GENEVA — Swiss authorities are taking issue with U.S. President Joe Biden's comment that many companies use Switzerland, and two other territories, as tax...