Tax reform

Senate Minority Leader Chuck Schumer of N.Y., speaks with reporters after a meeting with President Donald Trump at the White House, Wednesday, Oct. 16, 2019, in Washington. (AP Photo/Alex Brandon)
October 22, 2019 - 11:15 am
WASHINGTON (AP) — Senate Democrats are attempting to repeal an IRS regulation that is designed to keep people from exceeding the $10,000 limit on state and local tax deductions. Democrats will force a vote, scheduled for Wednesday, to overturn the regulation through the Congressional Review Act,...
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FILE - In this Feb. 14, 2019, file photo, New York Gov. Andrew Cuomo speaks before signing a bill in New York. Cuomo said that the plaintiffs in a challenge to the Republican-led tax overhaul filed last year "are evaluating all options including appeal," after a federal judge in New York has ruled that the 2017 federal tax overhaul's cap on state and local tax deductions was not an "unconstitutional assault" on the sovereignty of high-tax Democratic-leaning states. (AP Photo/Seth Wenig, File)
October 01, 2019 - 9:09 pm
NEW YORK (AP) — A federal judge in New York has ruled that the 2017 federal tax overhaul's cap on state and local tax deductions was not an "unconstitutional assault" on the sovereignty of high-tax Democratic-leaning states. Judge J. Paul Oetken dismissed a challenge on Monday to the Republican-led...
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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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A woman walks by an electronic stock board of a securities firm in Tokyo, Tuesday, Oct. 1, 2019. Shares rose in Asia on Tuesday, with markets in Hong Kong and Shanghai closed for a national day holiday. (AP Photo/Koji Sasahara)
October 01, 2019 - 2:32 am
BANGKOK (AP) — Shares rose in Asia on Tuesday, with markets in Hong Kong and Shanghai closed for a national day holiday. The Reserve Bank of Australia followed the lead of the Federal Reserve and other central banks in cutting its key interest rate, to a record low 0.75%. Sydney's S&P ASX 200...
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Dutch King Willem-Alexander and Queen Maxima salute the coat of arms after arriving in a horse-drawn carriage outside the Knight's Hall in The Hague, Netherlands, Tuesday, Sept. 17, 2019, for a ceremony marking the opening of the parliamentary year with a speech by King Willem-Alexander outlining the government's budget plans for the year ahead. (AP Photo/Peter Dejong)
September 17, 2019 - 10:22 am
THE HAGUE, Netherlands (AP) — The Dutch government said Tuesday it plans to reform a business tax rule that allows wealthy multinationals to reduce the amount of tax they pay on their profits. The government said the plan, which has to be passed by parliament, will generate 265 million euros ($292...
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Lawyers march during a protest against the planned pension change in Paris, Monday, Sept. 16, 2019. French lawyers, doctors, nurses, pilots and others are taking to the streets of Paris to protest planned pension changes by French President Emmanuel Macron's government. Placard read, "no to the pension tax". (AP Photo/Michel Euler)
September 16, 2019 - 11:51 am
PARIS (AP) — Thousands of French professionals, including lawyers and doctors, took to the streets of Paris Monday in a new protest against the government's planned pension changes. The protest saw lawyers, doctors, nurses and others in regulated professions vent their displeasure at the proposed...
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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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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 07, 2019 - 4:14 pm
THESSALONIKI, Greece (AP) — Greece's prime minister says 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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French President Emmanuel Macron speaks during his final press conference at the G7 summit Monday, Aug. 26, 2019 in Biarritz, southwestern France. (AP Photo/Francois Mori)
August 26, 2019 - 3:39 pm
BIARRITZ, France (AP) — The Latest on the summit of leaders from the Group of Seven democracies (all times local): 9:30 p.m. French President Emmanuel Macron says he understands why President Donald Trump is keeping his cards close to his chest and not flat-out saying that he won't make good on a...
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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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