Government taxation and revenue

FILE - In this May 14, 2020, file photo, California Gov. Gavin Newsom discusses his revised 2020-2021 state budget during a news conference in Sacramento, Calif. Spending cuts are compounding for schools and state programs, reserve funds are dwindling, and some governors have begun proposing new taxes and fees to shore up state finances shaken by the coronavirus pandemic. With Congress deadlocked over a new coronavirus relief package, many states haven't had the luxury of waiting to see whether more federal money will come their way. (AP Photo/Rich Pedroncelli, Pool)
September 06, 2020 - 9:28 am
Spending cuts to schools, childhood vaccinations and job-training programs. New taxes on millionaires, cigarettes and legalized marijuana. Borrowing, drawing from rainy day funds and reducing government workers' pay.. These are some actions states are considering to shore up their finances amid a...
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September 04, 2020 - 4:11 pm
BELLEVUE, Wash. (AP) — The Seattle suburb of Bellevue may soon be Amazon’s unofficial “HQ3.” The Seattle-based tech giant announced Friday that it was expanding its workforce footprint in Bellevue, with new office space plans that will host a total of 25,000 employees in the next five years, the...
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September 03, 2020 - 8:32 am
GENEVA (AP) — A Swiss region that has billed itself as a hub for high-tech finance said Thursday that it plans to accept cryptocurrencies Bitcoin and Ether for tax payments starting next year. Switzerland's Zug canton joins its eponymous main city and several Swiss towns in agreeing to take tax...
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September 03, 2020 - 1:13 am
LOS ANGELES (AP) — The Los Angeles City Council declared a fiscal emergency on Wednesday, paving the way to furlough about 15,000 employees as the city struggles with an economic body blow from the coronavirus pandemic. Another 1,280 employees would receive $80,000 in cash incentives as part of an...
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FILE - In this Monday, Feb. 24, 2020, file photo, Manhattan District Attorney Cyrus Vance Jr., speaks at a news conference in New York. A federal appeals court is set to hear arguments Tuesday, Sept. 1, 2020, in President Donald Trump’s latest attempt to prevent Vance from getting his tax returns. (AP Photo/Craig Ruttle, File)
September 01, 2020 - 1:37 pm
NEW YORK (AP) — A federal appeals court on Tuesday blocked a New York prosecutor from obtaining Donald Trump’s tax returns while the president’s lawyers fight a subpoena seeking the records. The three-judge panel ruled after hearing brief arguments from both sides. Trump’s lawyers asked for a...
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President Donald Trump speaks from the South Lawn of the White House on the fourth day of the Republican National Convention, Thursday, Aug. 27, 2020, in Washington. (AP Photo/Evan Vucci)
August 28, 2020 - 10:05 pm
WASHINGTON (AP) — The Trump administration on Friday allowed employers to suspend collection of some Social Security taxes, although business groups don't like the idea and it may create political headaches for Republicans. Democrats are already saying it would undermine retirement benefits. The...
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Pam, who declined to give a last name, examines the remains of her partner's Vacaville, Calif., home on Friday, Aug. 21, 2020. The residence burned as the LNU Lightning Complex fires ripped through the area Tuesday night. (AP Photo/Noah Berger)
August 21, 2020 - 7:27 pm
SAN FRANCISCO (AP) — Lightning-sparked wildfires in Northern California exploded in size Friday to become some of the largest in state history, forcing thousands to flee and destroying hundreds of homes and other structures as reinforcements began arriving to help weary firefighters. More than 12,...
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FILE - In this March 13, 2020, file photo, lobsters await shipping at a wholesale distributer in Arundel, Maine. The United States and the European Union have announced a modest agreement to cut tariffs on less than $300 million worth of annual trade between them. The EU will drop import taxes on U.S. lobsters for the next five years and will work to make the move permanent. (AP Photo/Robert F. Bukaty, File)
August 21, 2020 - 3:59 pm
WASHINGTON (AP) — Maine lobsters should soon be returning to European pots under a modest trade agreement announced Friday. In a big win for Maine's beleaguered lobster industry, the European Union agreed to drop its 8% tariff on U.S. lobsters for the next five years and to work to make the move...
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Flames from the LNU Lightning Complex fires burn in unincorporated Napa County, Calif., on Tuesday, Aug. 18, 2020. The blaze went on to destroy multiple homes near Lake Berryessa. Fire crews across the region scrambled to contain dozens of wildfires sparked by lightning strikes as a statewide heat wave continues. (AP Photo/Noah Berger)
August 20, 2020 - 5:23 pm
SANTA CRUZ, Calif. (AP) — More than two dozen major fires were scorching California on Thursday and taxing the state's firefighting capacity, sparked by an unprecedented lightning siege that dropped nearly 11,000 strikes over several days. The fires have destroyed 175 structures, including homes,...
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Rain droplets line a railing along the waterfront of Victoria Harbour in Hong Kong Wednesday, Aug. 19, 2020. Typhoon Higos weakened to a strong topical storm after making landfall in Zhuhai city on Wednesday morning on China's southern coast. (AP Photo/Vincent Yu)
August 19, 2020 - 1:09 pm
WASHINGTON (AP) — The Trump administration on Wednesday suspended or terminated three bilateral agreements with Hong Kong covering extradition and tax exemptions, the latest in a series of U.S. moves in response to China’s imposition of strict national security laws over the former British...
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