Personal finance

April 27, 2017 - 3:55 pm
NEW YORK (AP) — To understand taxes, you have to think about geography. Don't worry, this will make sense eventually. The U.S. has high corporate taxes compared with other developed countries. That means companies that make most of their money inside the U.S. pay more in taxes than companies that...
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April 27, 2017 - 10:36 am
WASHINGTON (AP) — Long-term U.S. mortgage rates rose this week for the first time in five weeks. The benchmark 30-year rate pushed back above the key threshold of 4 percent. Mortgage buyer Freddie Mac says the average rate on 30-year fixed-rate home loans increased to 4.03 percent from 3.97 percent...
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Treasury Secretary Steve Mnuchin takes a question in the briefing room of the White House in Washington, Wednesday, April 26, 2017, where he discussed President Donald Trump tax proposals. (AP Photo/Andrew Harnik)
April 26, 2017 - 6:21 pm
WASHINGTON (AP) — Dismissing concerns about ballooning federal deficits, President Donald Trump on Wednesday proposed dramatic tax cuts for U.S. businesses and individuals — outlining an overhaul his administration promises will spur economic growth and simplify America's tangle of tax code rules...
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April 26, 2017 - 3:22 pm
COLUMBIA, S.C. (AP) — The Senate has inserted an array of tax cuts into a proposal to fix South Carolina's crumbling roadways. An amendment approved late Tuesday would cut income taxes, give college students a tuition tax credit, cut businesses' property taxes, and allow South Carolinians to get a...
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Treasury Secretary Steve Mnuchin takes a question in the briefing room of the White House in Washington, Wednesday, April 26, 2017, where he discussed President Donald Trump tax proposals. (AP Photo/Andrew Harnik)
April 26, 2017 - 3:20 pm
WASHINGTON (AP) — The U.S. treasury secretary says President Donald Trump "has no intention" of releasing his taxes returns to the public. Steve Mnuchin (mih-NOO'-shin) made the comment while briefing reporters on the president's new proposed tax plan Wednesday. Trump has repeatedly refused to make...
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Treasury Secretary Steve Mnuchin smiles while speaking to the media during the daily briefing in the Brady Press Briefing Room of the White House in Washington, Monday, April 24, 2017. (AP Photo/Pablo Martinez Monsivais)
April 26, 2017 - 11:41 am
WASHINGTON (AP) — President Donald Trump is proposing dramatically reducing the taxes paid by corporations big and small in an overhaul his administration says will spur economic growth and bring jobs and prosperity to the middle class. The White House on Wednesday was to release broad outlines of...
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Treasury Secretary Steve Mnuchin points to a member of the media as he answers questions during the daily briefing in the Brady Press Briefing Room of the White House in Washington, Monday, April 24, 2017. (AP Photo/Pablo Martinez Monsivais)
April 26, 2017 - 9:00 am
WASHINGTON (AP) — The Latest on President Donald Trump's tax overhaul (all times EDT): 8:50 a.m. Treasury Secretary Steve Mnuchin (mih-NOO'-shin) says President Donald Trump's tax plan will amount to — in Mnuchin's words — "the biggest tax cut" and the "largest tax reform" in U.S. history. Mnuchin...
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April 22, 2017 - 2:47 pm
PHOENIX (AP) — Lawmakers are walking away from a proposal to spend state money on a memorial to mark the 2011 shooting that targeted then-Rep. Gabby Giffords and killed six people. The proposal to spend $2.5 million over five years was approved by the House in February and had been sitting in two...
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April 22, 2017 - 9:26 am
BRISTOL, Conn. (AP) — Aaron Hernandez's family is planning a private funeral for the former NFL star in his Connecticut hometown. A spokeswoman for the Connecticut Funeral Directors Association said Saturday that the service is set for Monday at a funeral home in Bristol, where Hernandez was a...
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Dozens of Sitkans dressed as their favorite animals march in the annual Parade of Species on Lincoln Street in Sitka, Alaska, Friday, April 21, 2017. This year the parade merged with the national Support Science march. (James Poulson /The Daily Sitka Sentinel via AP)
April 22, 2017 - 6:17 am
BERLIN (AP) — Thousands of people are expected to attend March for Science events around the world to promote the understanding of science and defend it from various attacks, including U.S. government budget cuts. The March for Science was dreamed up at the Women's March on Washington, a day after...
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