National taxes

Police fire water cannon at protestors in Bayonne, France, Saturday, Aug. 24, 2019. World leaders and protesters are converging on the southern French resort town of Biarritz for the G-7 summit. Police have fired water cannon at about 400 anti-capitalist protesters blocking roads in a town near the venue of the G-7 summit. A few protesters threw rocks at police but the crowd in Bayonne was largely peaceful. (AP Photo/Bob Edme)
August 24, 2019 - 1:50 pm
BIARRITZ, France (AP) — The Latest on the Group of Seven summit (all times local): 7:40 p.m. A French diplomat says President Emmanuel Macron tried to reduce the pressure exerted by President Donald Trump over a new digital services tax the country is imposing on internet giants. The official, who...
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President Donald Trump speaks with reporters before departing on Marine One on the South Lawn of the White House, Wednesday, Aug. 21, 2019, in Washington. Trump is headed to Kentucky. (AP Photo/Alex Brandon)
August 22, 2019 - 6:11 am
WASHINGTON (AP) — A day after considering cutting taxes to promote economic growth, President Donald Trump changed course and said he would abandon the idea because the nation already had "a strong economy." Trump's flip-flop on Wednesday came after recent market volatility and economic uncertainty...
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President Donald Trump holds up a presidential memorandum that he signed that discharges the federal student loan debt of totally and permanently disabled veterans following his speech at the American Veterans (AMVETS) 75th National Convention in Louisville, Ky., Wednesday, Aug. 21, 2019. (AP Photo/Susan Walsh)
August 21, 2019 - 6:15 pm
LOUISVILLE, Ky. (AP) — Hundreds of millions of dollars in federal student loan debt owed by tens of thousands of disabled military veterans will be erased under a directive President Donald Trump signed Wednesday. Trump ordered the Education Department to "eliminate every penny of federal student...
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FILE - In this July 4, 2019, photo, Chinese magazines with front covers featuring Chinese President Xi Jinping and U.S. President Donald Trump on trade war are placed for sale at a roadside bookstand in Hong Kong. China on Thursday, Aug. 15, 2019 threatened retaliation if Washington steps up their war over trade and technology by going ahead with planned Sept. 1 tariff hikes on additional Chinese imports. (AP Photo/Andy Wong, File)
August 15, 2019 - 8:03 am
HONG KONG (AP) — Hong Kong's government announced tax cuts and higher social spending Thursday to reverse a deepening economic slump aggravated by anti-government protests and the U.S.-Chinese tariff war. The territory's financial secretary, Paul Chan, cut this year's official growth forecast to...
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FILE - In this Thursday, May 16, 2019 photo cars for export and import are stored in front of containers at the harbor in Bremerhaven, Germany. The German economy shrank by 0.1 percent in the second quarter as global trade conflicts and troubles in the auto industry weighed on Europe's largest economy. (AP Photo/Martin Meissner, file)
August 14, 2019 - 10:29 am
FRANKFURT, Germany (AP) — Germany's economy shrank by 0.1 percent in the second quarter as global trade conflicts and troubles in the auto industry held back the largest member of the 19-country euro currency union. The weak performance darkened prospects for the entire eurozone, where the European...
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FILE - In this March 6, 2019, file photo a staff member works on a mobile phone production line during a media tour in Huawei factory in Dongguan, China's Guangdong province. Huawei Technologies Co. is one of the world's biggest supplier of telecommunications equipment. The United States is delaying tariffs on Chinese-made cellphones, laptop computers and other items and removing other Chinese imports from its target list altogether in a move that triggered a rally on Wall Street. (AP Photo/Kin Cheung, File)
August 13, 2019 - 4:38 pm
WASHINGTON (AP) — Responding to pressure from businesses and growing fears that a trade war is threatening the U.S. economy, the Trump administration is delaying most of the import taxes it planned to impose on Chinese goods and is dropping others altogether. The announcement Tuesday from the...
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FILE - This July 16, 2019, file photo shows the Capitol Dome in Washington. On Monday, Aug. 12, the Treasury Department releases federal budget data for July. (AP Photo/Carolyn Kaster, File)
August 12, 2019 - 2:01 pm
WASHINGTON (AP) — The U.S. government's budget deficit rose by $183 billion to $867 billion during the first 10 months of this budget year as spending grew more than twice as fast as tax collections. The Treasury Department say the deficit for the current fiscal year through July is up 27% from the...
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August 08, 2019 - 10:16 am
BERLIN (AP) — German prosecutors have indicted a 48-year-old former employee of Deutsche Bank as part of a probe into a massive tax evasion scam that's already seen 13 people sentenced to up to eight years imprisonment. Prosecutors in Frankfurt said Thursday that the suspect, an Austrian citizen,...
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Chinese Vice Premier Liu He, center, poses with U.S. Trade Representative Robert Lighthizer, right, and Treasury Secretary Steven Mnuchin, for photos before holding talks at the Xijiao Conference Center in Shanghai Wednesday, July 31, 2019. (AP Photo/Ng Han Guan, Pool)
August 02, 2019 - 4:43 pm
WASHINGTON (AP) — The latest tariffs President Donald Trump plans to impose on Chinese goods would cost U.S. households an average of $200 a year, some economists estimate, and would start to bite consumers and retailers just as the holiday shopping season begins. That cost would come on top of the...
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A Polish man works in a cafe in Warsaw, Poland, Thursday, Aug. 1, 2019. Poland on Thursday scrapped its personal income tax for young employees earning less than dollars 22,000 a year, as part of a drive to reverse a brain drain and demographic decline that's dimming the prospects of a country that is otherwise experiencing strong economic growth.(AP Photo/Czarek Sokolowski)
August 01, 2019 - 1:23 pm
WARSAW, Poland (AP) — Poland on Thursday scrapped its personal income tax for young employees earning less than $22,000 a year, as part of a drive to reverse a brain drain and demographic decline that's dimming the prospects of a country that is otherwise experiencing strong economic growth. A new...
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