Tax reform

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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Greece's Prime Minister Kyriakos Mitsotakis delivers a speech during the Thessaloniki International Fair at the northern city of Thessaloniki, Saturday, Sept. 7, 2019. Mitsotakis outlined his economic policies for the next year, as heads of government have traditionally done over the years. (AP Photo/Giannis Papanikos)
September 08, 2019 - 2:20 am
THESSALONIKI, Greece (AP) — Greece's prime minister said financial reforms such as reducing taxes, fighting bureaucracy and attracting investment must be implemented before the country asks its creditors to agree to lower budget surpluses. Prime Minister Kyriakos Mitsotakis laid out his economic...
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FILE - In this Thursday, June 6, 2019 file photo French President Emmanuel Macron, left, meets U.S President Donald Trump during a ceremony to mark the 75th anniversary of D-Day at the Normandy American Cemetery in Colleville-sur-Mer, Normandy, France. President Donald Trump promised on Friday July 26, 2019 to retaliate against France for adopting a pioneering tax on internet giants like Google, Amazon and Facebook. Trump said referring to French President Emmanuel Macron: "We will announce a substantial reciprocal action on Macron's foolishness shortly."(Ian Langsdon/POOL via AP, File)
July 27, 2019 - 12:47 pm
PARIS (AP) — France is pushing ahead with a landmark tax on tech companies like Google and Facebook despite U.S. President Donald Trump's threats of retaliatory tariffs on French wine. That's rattling French vintners, who sold 1.6 billion euros ($1.78 billion) worth of wine last year to American...
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In this June 26, 2019, photo, President Donald Trump speaks to reporters on the South Lawn of the White House in Washington. Trump is receiving mixed reviews for his stewardship of the U.S. economy, even as Americans feel increasingly good about how things are going. That’s according to a new survey by The Associated Press-NORC Center for Public Affairs Research. (AP Photo/Evan Vucci)
July 01, 2019 - 3:48 pm
WASHINGTON (AP) — The solid economy is doing little to bolster support for President Donald Trump. Americans give Trump mixed reviews for his economic stewardship despite the growth achieved during this presidency, according to a new survey by The Associated Press-NORC Center for Public Affairs...
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Bank of Japan Governor Haruhiko Kuroda, center bottom, speak with other participants prior to G20 Finance Ministers' and Central Bank Governors' Meeting Saturday, June 8, 2019, in Fukuoka, western Japan. (AP Photo/Eugene Hoshiko, Pool)
June 08, 2019 - 4:36 am
FUKUOKA, Japan (AP) — Financial leaders of the Group of 20 gathered Saturday to brainstorm ways to adapt global finance to an age of trade turmoil and digital disruptions. The central bank governors and other financial regulators meeting in this southern Japanese port city also flagged risks from...
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FILE - In this June 20, 2018 file photo, U.S. President Donald Trump speaks at a campaign rally in Duluth, Minn. Trump heads back to Minnesota on the nation's tax filing deadline, Monday, April 15, 2019, eager to remind voters in a state he nearly carried in 2016 about the $1.5 trillion Republican tax cut. It's a policy achievement that won't resonate with everyone in Minnesota, where the loss of the state tax deduction hurt some taxpayers. And national polls show most Americans don't have a clear idea what the tax cuts did for them. (AP Photo/Jim Mone File)
April 15, 2019 - 6:26 am
ST. PAUL, Minn. (AP) — President Donald Trump will use Tax Day on Monday to visit Minnesota, an erstwhile Democratic stronghold he hopes to flip in 2020 after nearly winning it in 2016. Questions remain, however, about just how much he's politically benefiting from his signature legislative...
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Kansas Gov. Laura Kelly answers questions from reporters as she announces her veto of a Republican tax relief bill during a news conference, Monday, March 25, 2019, at the Statehouse in Topeka, Kansas. The Democratic governor said the tax bill would have created a "self-inflicted budget crisis." (AP Photo/John Hanna)
March 25, 2019 - 4:17 pm
TOPEKA, Kan. (AP) — Kansas' new Democratic governor on Monday vetoed a tax relief bill approved by the Republican-controlled Legislature, arguing it would repeat an infamous fiscal experiment that failed under a GOP predecessor. Top Republicans immediately condemned Gov. Laura Kelly's action as...
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FILE - In this Jan. 10, 2017 file photo, A 1040 tax form appears on display in New York. The Treasury Department is expanding for a second time this year the relief it grants taxpayers who had too little in income taxes withheld from their paychecks in the first year of a sweeping tax overhaul. Treasury announced Friday, March 22, 2019 that taxpayers will be able to avoid penalties for paying too little in taxes as long as they paid at least 80 percent of what they owed the government. (AP Photo/Mark Lennihan, File )
March 22, 2019 - 2:31 pm
WASHINGTON (AP) — The Treasury Department announced Friday that it is expanding again the relief it grants taxpayers who had too little in income taxes withheld from their paychecks in the first year of a sweeping tax overhaul. Treasury said that taxpayers will be able to avoid penalties for paying...
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Majority Leader Dan Hawkins, R-Wichita, watches an electronic vote-tally board as the Kansas House approves a GOP income tax relief bill, Friday, March 8, 2019, at the Statehouse in Topeka, Kan. The bill is designed to prevent individuals and businesses from paying more in state income taxes because of changes in federal tax laws. (AP Photo/John Hanna)
March 08, 2019 - 4:30 pm
TOPEKA, Kan. (AP) — A top Republican in the Kansas House brushed aside criticism Friday that an income tax relief plan nearing final passage risks repeating a tax-cutting experiment that failed a few years ago, suggesting the new proposal is akin to finding and returning "a billfold filled with...
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Chairwoman of the Reform Party Kaja Kallas casts her ballot at a polling station during a parliamentary elections in Tallinn, Estonia, Sunday, March 3, 2019. Estonians are voting in a parliamentary election Sunday in the small Baltic nation in a ballot where Prime Minister Juri Ratas and his Center Party are pitted against the center-right opposition Reform Party and where populists are seen making inroads. (AP Photo/Raul Mee)
March 03, 2019 - 2:29 pm
TALLINN, Estonia (AP) — The Latest on Estonia's general election (all times local): 9:00 p.m. The first results from a parliamentary election in Estonia put the main opposition party ahead and a far-right populist party placing ahead of the main party in the coalition now governing the small Baltic...
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