Government taxation and revenue

Visitors wearing protective masks observe COVID-19 prevention protocols as they browse the "Jacob Lawrence: The American Struggle" exhibition at the Metropolitan Museum of Art, Saturday, Oct. 17, 2020, in New York. (AP Photo/John Minchillo)
October 22, 2020 - 1:40 pm

Jacob Lawrence Painting Missing For 60 Years Rediscovered

A painting by American artist Jacob Lawrence that has not been seen in public for 60 years has been found and is taking its designated place in a 30-piece exhibit of Lawrence's work, officials at the Peabody Essex Museum in Massachusetts said Thursday. The exhibit of the series “Struggle: From the...
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Britain's Chancellor Rishi Sunak leaves 11 Downing Street in London, Tuesday, Oct. 20, 2020. (AP Photo/Kirsty Wigglesworth)
October 21, 2020 - 1:59 am

Uk Government Borrowing Rises To Record Due To Pandemic

LONDON (AP) — The U.K. government's borrowing rose to the highest level on record in the first half of the financial year as tax revenue fell and authorities spent billions of pounds to prop up an economy ravaged by the coronavirus pandemic. The Office for National Statistics said Wednesday that...
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President Donald Trump speaks during an NBC News Town Hall with moderator Savannah Guthrie, at Perez Art Museum Miami, Thursday, Oct. 15, 2020, in Miami. (AP Photo/Evan Vucci)
October 15, 2020 - 8:15 pm

The Latest: Trump Raises $247.8M In Sept., Far Behind Biden

WASHINGTON (AP) — The latest on the presidential campaign (all times local): 11:10 p.m. President Donald Trump’s campaign and Republicans raised $247.8 million in September — better than the month before, but still lagging far behind his Democratic challenger Joe Biden, who raised $383 million over...
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Robert and Dorothy Brockman attend an intimate al fresco dinner celebrating the Rice University groundbreaking of James Turrell's Rice University Skyspace project at the home of Phoebe and Bobby Tudor, Tuesday evening, May 17, 2011, in Houston. Federal prosecutors have charged Texas billionaire Robert Brockman in a $2 billion tax fraud scheme that they say is the largest such case against an American. (Dave Rossman/Houston Chronicle via AP)
October 15, 2020 - 3:58 pm

Doj Charges Texas Billionaire In $2 Billion Tax Fraud Scheme

SAN FRANCISCO (AP) — Federal prosecutors charged Texas billionaire Robert Brockman on Thursday with a $2 billion tax fraud scheme in what they say is the largest such case against an American. Department of Justice officials said at a news conference that Brockman, 79, hid capital gains income over...
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FILE - This combination of Sept. 29, 2020, file photos shows President Donald Trump, left, and former Vice President Joe Biden during the first presidential debate at Case Western University and Cleveland Clinic, in Cleveland, Ohio. Amid the tumult of the 2020 presidential campaign, one dynamic has remained constant: The Nov. 3 election offers voters a choice between substantially different policy paths. (AP Photo/Patrick Semansky, File)
October 12, 2020 - 11:47 am

Trump Vs. Biden: Where They Stand On Health, Economy, More

WASHINGTON (AP) — Amid the tumult of the 2020 presidential campaign, one dynamic has remained constant: The Nov. 3 election offers voters a choice between substantially different policy paths. President Donald Trump, like many fellow Republicans, holds out tax reductions and regulatory cuts as...
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FILE - In this Aug. 27, 2018, photo, Trump Tower, center, stands on New York's Fifth Avenue. An obscure function of Congress may have once put President Donald Trump's tax information in the hands of congressional staff. But even if it did, that doesn't mean staffers can give access to Trump's tax returns to lawmakers, at least not legally. (AP Photo/Mark Lennihan, File)
October 07, 2020 - 2:25 am

Audit Likely Gave Congressional Staff Glimpse Of Trump Taxes

WASHINGTON (AP) — It’s one of the most obscure functions of Congress, little known or understood even by most lawmakers. But it may have once put staffers in possession of one of the most enduring mysteries of the Donald Trump era: his tax data, which The New York Times revealed to the world. The...
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FILE - In this April 23, 2020, file photo, President Donald Trump's name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak, in San Antonio, Texas. A federal judge says the IRS can't keep withholding coronavirus relief payments from incarcerated people, potentially clearing the way for at least 80,000 checks totaling more than $100 million to be sent to people behind bars across the United States. The ruling from U.S. District Judge Phyllis J. Hamilton late last month gives the IRS until Oct. 24 to reconsider the payments for those who were denied or had their money intercepted solely because of their incarceration. (AP Photo/Eric Gay, File)
October 06, 2020 - 12:19 pm

Us Judge: Irs Can't Keep Coronavirus Money From Inmates

BOISE, Idaho (AP) — A U.S. judge says the IRS can't keep withholding coronavirus relief payments from incarcerated people, potentially clearing the way for at least 80,000 checks totaling more than $100 million to be sent to people behind bars across the United States. The ruling from U.S. District...
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Sen. Pat Toomey, R-Pa., speaks during a ceremony Wednesday, Sept. 18, 2019, in Washington. Toomey will not seek re-election in 2022, according to a person with direct knowledge of Toomey's plans, Sunday, Oct. 4, 2020. (AP Photo/Alex Brandon)
October 05, 2020 - 12:18 pm

Toomey Says He Won't Run For Another Senate Term Or Governor

BETHLEHEM, Pa. (AP) — Republican U.S. Sen. Pat Toomey of Pennsylvania will not seek reelection in 2022 and plans to leave public service, he confirmed, a surprise move for the fiercely anti-tax and anti-regulation lawmaker who had been seen as the favorite to be the party's nominee for governor in...
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Sherry Darwin of Oshkosh, Wis., talks about her support for President Donald Trump while picnicking with her grandson Donald in a park Tuesday, Sept. 29, 2020. "I don't even believe it's true," the 75-year-old retiree says of reports Trump paid little in income taxes in the years before becoming president.(AP Photo/Thomas Beaumont)
October 01, 2020 - 9:55 pm

Denying, Defending And Numb: Voters Not Moved By Trump Taxes

OSHKOSH, Wisconsin (AP) — Danielle Fairbank closed the tailgate of her fire-engine red pickup truck in a Target parking lot in Oshkosh, Wisconsin and offered a hearty “Fake news!" to dismiss reports that President Donald Trump paid only $750 in income taxes in 2017. The assembly worker at a nearby...
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Traffic passes in view of a massive Boeing airplane production plant Thursday, Oct. 1, 2020, in Everett, Wash. Boeing said Thursday that it will consolidate production of its two-aisle 787 jetliner in South Carolina and shut down the original assembly line for the plane near Seattle. The company said the move will start in mid-2021. (AP Photo/Elaine Thompson)
October 01, 2020 - 4:38 pm

Boeing Picks South Carolina Over Seattle For 787 Production

SEATTLE (AP) — Boeing said Thursday it will shut down the original assembly line for its two-aisle 787 jetliner near Seattle and consolidate the plane's production in South Carolina as the airline industry tries to weather the global pandemic. The move will begin in mid-2021. The company intends to...
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