Corporate taxes

Treasury Secretary Steve Mnuchin listens as President Donald Trump speaks during a meeting on tax policy with business leaders in the Roosevelt Room of the White House, Tuesday, Oct. 31, 2017, in Washington. (AP Photo/Evan Vucci)
November 01, 2017 - 10:38 pm
WASHINGTON (AP) — House Republicans would leave intact current tax rules on retirement accounts popular with middle class Americans and maintain a top income tax rate for million-dollar earners as negotiators scrambled to finalize the first major overhaul in three decades. The legislation is a long...
Read More
Treasury Secretary Steve Mnuchin listens as President Donald Trump speaks during a meeting on tax policy with business leaders in the Roosevelt Room of the White House, Tuesday, Oct. 31, 2017, in Washington. (AP Photo/Evan Vucci)
October 31, 2017 - 8:40 pm
WASHINGTON (AP) — House Republicans, straining to make last-minute changes to their far-reaching tax proposal, on Tuesday delayed the rollout by a day after they failed to finalize the details. The plan pushed by President Donald Trump and Republican leaders in Congress is a top legislative...
Read More
White House senior adviser Ivanka Trump talks during a town hall meeting on Tax Reform at the Northampton Township Senior Center in Richboro, Pa., Monday, Oct. 23, 2017. (AP Photo/Rich Schultz)
October 23, 2017 - 9:48 pm
RICHBORO, Pa. (AP) — President Donald Trump's eldest daughter on Monday channeled her roles as a working mother, entrepreneur and senior adviser to the president to help sell the administration's tax plan, which she said is overdue to address the needs of the modern American family in an...
Read More
President Donald Trump's image is seen projected on a screen as he speaks at the Heritage Foundation's annual President's Club meeting, Tuesday, Oct. 17, 2017 in Washington. (AP Photo/Pablo Martinez Monsivais)
October 17, 2017 - 9:06 pm
WASHINGTON (AP) — President Donald Trump took his tax sales pitch to a conservative think tank Tuesday evening, arguing his plan would be a boon to the economy, boosting growth and jobs. "Let's give our country the best Christmas present of all: massive tax relief," Trump told the annual meeting of...
Read More
FILE - In this Dec. 6, 2012, file photo, Kevin Hassett, senior fellow and director of Economic Policy at the American Enterprise Institute (AEI), gestures as he testifies on Capitol Hill in Washington before the Joint Economic Committee hearing entitled: "Fiscal Cliff: How to Protect the Middle Class, Sustain Long-Term Economic Growth, and Reduce the Federal Deficit." The analysis by Hassett, President Donald Trump’s chief economist, estimated Monday, Oct. 16, 2017, that the administration's plan to cut corporate tax rates will cause average household incomes to jump $4,000 a year - a stunning 5 percent increase that could be met with skepticism among tax experts and Democratic lawmakers. (AP Photo/ Evan Vucci, File)
October 16, 2017 - 12:18 pm
WASHINGTON (AP) — By slashing corporate tax rates, the Trump administration said Monday, the average U.S. household will get an estimated $4,000 more a year. This stunning 5 percent increase was met with skepticism from tax experts and Democratic lawmakers who said the math was flawed. Spread...
Read More
October 10, 2017 - 1:14 pm
PITTSBURGH (AP) — Two brothers who formerly owned a Pennsylvania defense contractor have been sentenced to prison and fined after pleading guilty in a $6 million scheme to overcharge the U.S. Defense Department for Humvee window kits. Thomas Buckner, 68, was sentenced to 2½ years in prison and...
Read More
President Donald Trump walks down the steps of Air Force One at Morristown Municipal Airport in Morristown, N.J., Friday, Sept. 29, 2017. Trump is spending the weekend in Bedminster, N.J., at his golf club. (AP Photo/Susan Walsh)
October 02, 2017 - 3:42 am
BEDMINSTER, New Jersey (AP) — President Donald Trump's top advisers are saying his proposed tax plan would not cut taxes disproportionately for the rich — despite an early non-partisan analysis that says it will. The White House and congressional Republicans released the broad strokes of a plan...
Read More
In this Wednesday, Sept. 27, 2017, photo, U.S. President Donald Trump speaks in Indianapolis. How do you pay for the president's proposed $5.8 trillion tax cut? For Trump and Republican congressional leaders, that is the mostly unanswered $5,800,000,000,000 question. (AP Photo/Michael Conroy)
September 28, 2017 - 8:11 am
WASHINGTON (AP) — The Latest on President Donald Trump's tax cut proposal (all times local): 8:05 a.m. President Donald Trump says reducing the corporate tax rate to 20 percent is a "non-negotiable" part of his tax plan. Trump tells "Fox & Friends" that he wanted to go lower, but "the numbers...
Read More
President Donald Trump steps off Air Force One after arriving, Wednesday, Sept. 27, 2017, in Indianapolis. (AP Photo/Darron Cummings)
September 27, 2017 - 8:27 pm
WASHINGTON (AP) — The Latest on the Republican plan to overhaul the tax code (all times local): 8:20 p.m. President Donald Trump and congressional Republicans have unveiled the first major revamp of the nation's tax code in a generation. The sweeping, nearly $6 trillion tax cut would deeply reduce...
Read More
Journalists wait outside a court on the outskirts of Madrid, Monday, July 31, 2017. Real's soccer star Cristiano Ronaldo appeared at a Spanish court to answer questions as part of an investigation to determine whether he committed tax fraud. Ronaldo arrived and left through a side door at Pozuelo de Alarcon Court No. 1 in Madrid on Monday. The session with the investigating judge is closed to the public. (AP Photo/Paul White)
July 31, 2017 - 10:08 am
MADRID (AP) — Cristiano Ronaldo told a Spanish judge Monday that he has "never tried to avoid taxes." The Real Madrid forward, who is from Portugal, was questioned to determine whether he committed tax fraud worth almost 15 million euros ($17.5 million). Ronaldo spent more than 90 minutes answering...
Read More