Government taxation and revenue

In this Sept. 30, 2019, photo, a signboard says "Consumption tax hike, 8 percent to 10 percent", at a mass home electronics retailer in Tokyo. Japan has raised consumption tax to 10 percent from 8 percent, amid concerns that it could sink the Japanese economy though government officials say ample measures are taken to minimize the impact. (Shinji Kita/Kyodo News via AP)
October 01, 2019 - 4:14 am
TOKYO (AP) — Japan raised its national sales tax to 10% from 8% on Tuesday, risking short-term pain for the sake of the country's future financial stability as it copes with a fast aging and shrinking population. Previous tax increases, a 2-point increase to 5% in 1997 and another to 8% in 2014,...
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FILE - In this Sept. 13, 2019 file photo, Democratic presidential candidate Sen. Bernie Sanders speaks during a campaign stop at the Carson City Community Center Gymnasium in Carson City, Nev. (Jason Bean/The Reno Gazette-Journal via AP)
September 30, 2019 - 8:06 am
WASHINGTON (AP) — Democratic presidential candidate Bernie Sanders has announced an "income inequality" plan calling for tax increases on companies that pay CEOs far more than their workers' median salaries. The Vermont senator's proposal, unveiled Monday, would raise taxes 0.5 percentage points on...
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September 27, 2019 - 10:27 am
PARIS (AP) — The French government has pledged to cut taxes for households next year to the tune of 9 billion euros ($9.8 billion), a spending boost that has its roots in the yellow vest movement that broke out last winter. Finance Minister Bruno Le Maire presented the 2020 budget to Cabinet on...
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FILE-In this Tuesday, Jan. 27, 2015 file photo, Terry, cleans out his tent at a large homeless encampment, near downtown St. Louis. The gap between the haves and have-nots in the United States grew last year. Income inequality in the United States expanded from 2017 to 2018, with several heartland states among the leaders of the increase, even though several wealthy coastal states still had the most inequality overall, according to figures released Thursday, Sept. 26, 2019, by the U.S. Census Bureau. (AP Photo/Jeff Roberson)
September 26, 2019 - 7:09 am
ORLANDO, Fla. (AP) — The gap between the haves and have-nots in the United States grew last year to its highest level in more than 50 years of tracking income inequality, according to Census Bureau figures. Income inequality in the United States expanded from 2017 to 2018, with several heartland...
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FILE - In this Sunday, Sept. 22, 2019, file photo, President Donald Trump speaks at a news conference in Webster, Texas. Federal prosecutors are joining President Donald Trump in asking a federal judge in New York to temporarily block a state court grand jury subpoena seeking his tax returns. (AP Photo/Evan Vucci, File)
September 25, 2019 - 1:38 am
NEW YORK (AP) — Federal prosecutors are joining President Donald Trump in asking a federal judge in New York to temporarily block a state court grand jury subpoena seeking his tax returns. They say in papers filed late Tuesday in Manhattan federal court that Trump has raised "weighty constitutional...
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FILE - This June 26, 2019 file photo shows a Starbucks sign outside a Starbucks coffee shop in downtown Pittsburgh. In a ruling Tuesday Sept. 24, 2019, a European Union court overturned a ruling by the European Commission that a tax deal between the Dutch government and Starbucks amounted to illegal state support for the coffee giant. (AP Photo/Gene J. Puskar, File)
September 24, 2019 - 9:09 am
BRUSSELS (AP) — A European Union court ruled Tuesday that a tax deal between the Dutch government and Starbucks did not amount to illegal state support, as claimed by regulators, delivering a blow to the bloc's efforts to crack down on sweetheart tax breaks for multinationals. The General Court...
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Democratic presidential candidate U.S. Sen. Bernie Sanders, I-Vt., speaks during a brief campaign stop at Town Clock Plaza in Dubuque, Iowa, Monday, Sept. 23, 2019. (Nicki Kohl/Telegraph Herald via AP)
September 24, 2019 - 9:04 am
WASHINGTON (AP) — Bernie Sanders announced on Tuesday a plan to tax the nation's wealthiest households, saying it will generate more than $4 trillion over the next decade and substantially reduce the accumulated fortunes of billionaires — his version of Democratic presidential rival Elizabeth...
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FILE - This June 26, 2019 file photo shows a Starbucks sign outside a Starbucks coffee shop in downtown Pittsburgh. In a ruling Tuesday Sept. 24, 2019, a European Union court overturned a ruling by the European Commission that a tax deal between the Dutch government and Starbucks amounted to illegal state support for the coffee giant. (AP Photo/Gene J. Puskar, File)
September 24, 2019 - 5:25 am
THE HAGUE, Netherlands (AP) — A European Union court overturned Tuesday a ruling by the European Commission that a tax deal between the Dutch government and Starbucks amounted to illegal state support for the coffee giant. Dutch authorities had clawed back 25.7 million euros ($28 million) from the...
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In this Thursday, Sept. 19, 2019, photo, a man holding a cup of coffee monitors the stock prices at a brokerage house in Beijing. Asian shares were mostly higher on Friday, Sept. 20, 2019 after a lackluster session on Wall Street, as investors shifted their focus to China-U.S. trade talks after a busy week of central bank news. (AP Photo/Andy Wong)
September 20, 2019 - 4:11 am
BANGKOK (AP) — World shares were mixed on Friday, while India's benchmark jumped more than 5% after the government announced plans to cut corporate taxes. Germany's DAX fell 0.1% to 12,440.12 and the CAC 40 in France lost 2.9 points to 5,656.24. Britain's FTSE 100 gave up 0.3% to 7,334.05. Wall...
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FILE - In this Sept. 5, 2019, file photo, Indian workers prepare packing of clutch buttons at an auto component manufacturing factory on the outskirts of New Delhi, India. Asian shares advanced Friday, Sept. 20, 2019, and India’s benchmark jumped 5.4% after the government announced plans to cut corporate taxes. (AP Photo/Altaf Qadri, File)
September 20, 2019 - 3:52 am
NEW DELHI (AP) — The Indian government on Friday announced a slew of concessions aimed at boosting the economy that will reduce most corporate taxes for local companies to about 25% from 30%. Finance Minister Nirmala Sitharaman said the lower tax rates will retroactively apply from April 1, the...
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