Thu, May 17, 2012
By Kevin Drawbaugh
WASHINGTON (Reuters) - Facebook co-founder Eduardo Saverin, under fire over the tax consequences of renouncing his U.S. citizenship, said on Thursday ...
Wed, May 16, 2012
By Kim Dixon
WASHINGTON (Reuters) - While Supreme Court watchers focus on the controversial insurance requirement in President Barack Obama's healthcare law, lesser known ...
Tue, May 15, 2012
By Brian Winter
SAO PAULO (Reuters) - President Dilma Rousseff plans to cut and simplify taxes for electricity producers and distributors, two senior officials told ...
Mon, May 14, 2012
By Jim Christie
SAN FRANCISCO (Reuters) - California Governor Jerry Brown on Monday unveiled a revised state budget plan that calls for new cuts to ...
Thu, April 19, 2012
By Karen Freifeld
(Reuters) - The state of New York on Thursday sued Sprint Nextel Corp for more than $300 million, accusing the company of ...
Mon, April 16, 2012
By Kim Dixon
WASHINGTON (Reuters) - Senate Republicans on Monday blocked President Barack Obama's "Buffett Rule" legislation, which would have put a 30-percent minimum ...
Mon, April 16, 2012
By Kim Dixon
WASHINGTON (Reuters) - President Barack Obama and congressional Republicans square off this week over tax hikes for millionaires and tax cuts for ...
Fri, April 13, 2012
By Diane Bartz
WASHINGTON (Reuters) - Republican presidential hopeful Mitt Romney, who on Friday requested an extension to file his 2011 tax forms, estimated his ...
Fri, April 13, 2012
(Reuters) - Sales taxes grew in most U.S. states last month as labor markets improved, an economic newsletter reported on Friday.
In its monthly ...
Thu, April 12, 2012
By Matt Spetalnick
WASHINGTON (Reuters) - U.S. Vice President Joe Biden will take direct aim at probable Republican presidential nominee Mitt Romney on Thursday ...
Wed, April 11, 2012
WASHINGTON (Reuters) - Two Alabama cities top a new ranking of U.S. cities with the highest combined state and local sales tax rates, a ...
Tue, April 10, 2012
By Steve Holland
BOCA RATON, Florida (Reuters) - President Barack Obama's campaign blasted Mitt Romney on Tuesday for not paying his "fair share" of ...
Mon, April 09, 2012
By John Whitesides
WASHINGTON (Reuters) - President Barack Obama and Republican challenger Mitt Romney fired sharp attacks at each other on Wednesday as they opened ...
Mon, April 09, 2012
By Kim Dixon
WASHINGTON (Reuters) - More than two dozen Fortune 500 companies paid no U.S. federal income taxes in recent years partly because ...
Fri, March 30, 2012
By Patrick Temple-West and Kim Dixon
WASHINGTON (Reuters) - The United States will hold the dubious distinction starting on Sunday of having the developed world ...
Mon, March 26, 2012
By Kim Dixon
WASHINGTON (Reuters) - Exxon Mobil, the world's most profitable corporation, says it paid more than 45 percent of its 2011 income ...
Wed, March 21, 2012
LONDON (Reuters) - Changes to Britain's tax laws that may make it more attractive for overseas sportsmen and women to compete in the country ...
Wed, March 21, 2012
By Sven Egenter and Matt Falloon
LONDON (Reuters) - British finance minister George Osborne cut the top rate of income tax while imposing new levies ...
Fri, March 09, 2012
By Jonathan Stempel
(Reuters) - NetJets Inc, a private jet-sharing company owned by Warren Buffett's Berkshire Hathaway Inc
Tue, March 06, 2012
ZURICH (Reuters) - The United States welcomes the Swiss parliament's backing of a proposal to help U.S. authorities crack down on wealthy Americans ...
Tue, February 14, 2012
By Richard Cowan and Donna Smith
WASHINGTON (Reuters) - Congress ended a three-month battle on Friday by passing legislation to extend a tax cut for ...
Mon, February 13, 2012
WASHINGTON (Reuters) - President Barack Obama's 2013 budget proposal, released on Monday, would raise hundreds of billions of dollars from businesses through international tax ...
Sun, February 12, 2012
ZURICH (Reuters) - The head of a leading Swiss business lobby group said on Sunday he was open to a requirement that banks ask clients ...
Mon, February 06, 2012
By Steve Olafson
OKLAHOMA CITY, Oklahoma (Reuters) - Oklahoma's Republican governor announced a plan on Monday to dramatically cut state income tax rates and ...
Tue, January 24, 2012
By Caren Bohan
CHANDLER, Arizona (Reuters) - President Barack Obama took his State of the Union tax and job ideas on the road on Wednesday ...
Mon, January 23, 2012
By Steve Holland and Kim Dixon
TAMPA, Fla./WASHINGTON (Reuters) - Republican U.S. presidential candidate Mitt Romney bowed to political pressure and gave the ...
Thu, January 19, 2012
By Jane Sutton
MIAMI (Reuters) - Newt Gingrich struggled to regain momentum in the race for the Republican U.S. presidential nomination on Friday as ...
Sat, January 07, 2012
WASHINGTON (Reuters) - U.S. taxpayers owe an estimated $385 billion in unpaid taxes for 2006, up about a third from the "tax gap" five ...
Fri, December 30, 2011
By Andrés González and Elisabeth O'Leary
MADRID (Reuters) - Spain's new government said on Friday that this year's budget deficit would be ...
Wed, December 28, 2011
NEW YORK (Reuters) - The U.S. government has sued New York Yankees co-owner Hal Steinbrenner and his wife seeking more than $670,00 in ...
Sun, December 18, 2011
WASHINGTON (Reuters) - The White House accused House of Representatives Republicans on Sunday of playing politics with the fate of the payroll tax cut and ...
Sun, December 11, 2011
By Laura MacInnis
WASHINGTON (Reuters) - President Barack Obama defended his leadership style on Sunday and said he would keep standing up to Congress as ...
Wed, December 07, 2011
WASHINGTON (Reuters) - Many brand-name U.S. companies are using deductions, credits and other means to shave their state tax rates below zero percent, a ...
Wed, December 07, 2011
By Aaron Maasho
ADDIS ABABA (Reuters) - The fight against AIDS risks being set back years by a global financial crisis, the head of the ...
Tue, December 06, 2011
By Joan Gralla
NEW YORK (Reuters) - New York's millionaires will pay higher taxes while 4.4 million middle-class and upper-income New Yorkers will ...
Tue, December 06, 2011
ZURICH (Reuters) - The Swiss town of Rueschlikon that is home to Glencore
Mon, December 05, 2011
NEW YORK (Reuters) - New York City Mayor Michael Bloomberg on Monday spoke out against Governor Andrew Cuomo's expected recommendation for higher taxes on ...
Sat, December 03, 2011
By Gavin Jones and Steve Scherer
ROME (Reuters) - Italy risked a Greek-style economic collapse which could threaten the future of the euro without the ...
Wed, November 16, 2011
By Thomas Ferraro
WASHINGTON (Reuters) - Nearly 140 millionaires asked a divided U.S. Congress on Wednesday to increase their taxes for the sake of ...
Mon, November 14, 2011
By Donna Smith and Patrick Temple-West
WASHINGTON (Reuters) - Both sides of Congress' deadlocked "super committee" held separate talks on Saturday, but formal negotiations remained ...
Wed, November 02, 2011
By Chris Allbritton
ISLAMABAD (Reuters) - Considered by many Pakistanis to be public enemy number one, the United States on Monday turned to the musical ...
Thu, October 13, 2011
By David Morgan and Rachelle Younglai
WASHINGTON (Reuters) - In a sign of possible progress in bipartisan U.S. deficit talks, Republicans seem more flexible ...
Wed, October 05, 2011
WASHINGTON (Reuters) - Large U.S. multinational corporations would get a tax break on hundreds of billions of dollars in foreign profits under a bipartisan ...
Tue, October 04, 2011
By Donna Smith and Tim Reid
WASHINGTON (Reuters) - Deficit-reduction talks in the Congress entered a potentially groundbreaking phase on Tuesday with Republicans signaling they ...
Tue, October 04, 2011
WASHINGTON (Reuters) - Less than a quarter of wealthy Americans support raising taxes on households making $250,000 or more a year, the level being ...
Tue, September 27, 2011
WASHINGTON (Reuters) - Revenues for state and local governments grew for the seventh straight quarter this spring, buoyed by individual income taxes, Census data released ...
Thu, September 22, 2011
By Donna Smith
WASHINGTON (Reuters) - The leaders of a congressional "super committee" squared off on Thursday over the hot-button issue of tax increases and ...
Sat, September 17, 2011
By Alister Bull and Caren Bohan
WASHINGTON (Reuters) - President Barack Obama laid out a $3.6 trillion plan on Monday to cut budget deficits ...
Sat, September 10, 2011
CHICAGO (Reuters) - The Treasury is weighing a proposal to eliminate some, but not all, of the taxes on overseas profits of U.S.-based ...
Thu, September 08, 2011
By Lisa Lambert and Karen Pierog
WASHINGTON/CHICAGO (Reuters) - U.S. states will start sending more than $1 billion to the federal government in ...
Thu, September 01, 2011
By Lynnley Browning
(Reuters) - For nearly two decades, global corporations have increasingly shifted trillions of dollars in worldwide profits to low-tax countries across the ...
Wed, August 31, 2011
By Patricia Zengerle
WASHINGTON (Reuters) - Presidential hopeful Mitt Romney aimed squarely at the Republican center as he launched his economic program on Tuesday, proposing ...
Tue, August 30, 2011
WASHINGTON (Reuters) - Twenty-five of the 100 highest paid U.S. CEOs earned more last year than their companies paid in federal income tax, a ...
Mon, August 29, 2011
By Richard Cowan and Thomas Ferraro
WASHINGTON (Reuters) - Republicans in the House of Representatives want to create jobs by killing regulations on companies and ...
Tue, August 16, 2011
WASHINGTON (Reuters) - A big business group on Tuesday urged lawmakers on a deficit-cutting panel to revamp the U.S. tax code and health and ...
Tue, August 16, 2011
By Karen Pierog
CHICAGO (Reuters) - The Illinois Department of Revenue on Tuesday denied property-tax exemptions for three hospitals in the wake of a widely ...
Mon, August 15, 2011
CANNON FALLS, Minnesota (Reuters) - Small-town Americans probably don't make as much money as Warren Buffett, but they pay more of their income in ...
Mon, July 25, 2011
By Karen Jacobs
ATLANTA (Reuters) - Many airlines have raised fares in recent days to take advantage of a lapse in U.S. ticket tax ...
Thu, June 09, 2011
CHICAGO (Reuters) - Michigan Governor Rick Snyder signed into law on Thursday legislation that will let Detroit
avoid financial catastrophe by allowing the city to ...
Tue, May 24, 2011
By Joan Gralla
NEW YORK (Reuters) - New York City has sliced its way to fiscal health under Mayor Michael Bloomberg, but the political independent ...
Tue, May 24, 2011
WASHINGTON (Reuters) - Contractors and businesses that received money through the 2009 federal economic stimulus plan owe billions in unpaid taxes to the government, a ...
Mon, May 16, 2011
The Oscar-winning actress insists she's working out a schedule with the Internal Revenue Service (IRS) to pay back the debt, which dates back ...
Sun, May 15, 2011
WASHINGTON (Reuters) - Senate Republican Leader Mitch McConnell on Sunday rejected a proposal to scale back tax breaks for big oil firms, calling it a ...
Thu, April 14, 2011
By Yereth Rosen
ANCHORAGE, Alaska (Reuters) - Alaska must lower its state oil production taxes to attract the investment needed to boost dwindling flow in ...
Fri, April 08, 2011
WASHINGTON (Reuters) - The Treasury Department will continue to collect taxes, freeze assets, print currency and produce coins if the government is forced to shut ...
Thu, March 31, 2011
By Dan Wiessner
ALBANY, New York (Reuters) - The New York state legislature on Thursday passed a $132.5 billion spending plan, closing a $10 ...
Thu, March 10, 2011
The Goodfellas director has had a series of tax demands and debt issues over the years - throughout 2002 and 2003 he was hit with ...
Wed, March 09, 2011
MADISON, Wis. (WTAQ) - Your property taxes can still go up, even when your community’s total tax levy is frozen.
That’s because state ...
Thu, March 03, 2011
WASHINGTON (Reuters) - Fewer states in February hit the mark on forecasting receipts from withholding taxes compared to January, a sign that a recent rebound ...
Tue, February 15, 2011
NEW YORK (Reuters) - Almost all Connecticut residents would have to pay higher taxes, from sales to income to gasoline, under Democratic Governor Dannel Malloy ...
Thu, February 10, 2011
LONDON (Reuters) - Malaria campaigners have urged governments to drop all taxes and tariffs on medicines, mosquito nets and other anti-malaria tools to help reduce ...
Wed, February 09, 2011
MADISON, Wis. (WTAQ) - State senators voted Tuesday to make it harder to raise Wisconsin’s two major taxes.
The vote was 20 to 12 ...
Mon, February 07, 2011
By Michael Peltier
EUSTIS, Florida (Reuters) - Florida's Tea Party-backed Governor Rick Scott proposed cutting more than $5 billion from state spending on Monday ...
Thu, February 03, 2011
WASHINGTON (Reuters) - Most U.S. states met or exceeded their forecasts for withheld taxes in January, according to a report that added to evidence ...
Tue, February 01, 2011
By Joan Gralla and Daniel Trotta
NEW YORK (Reuters) - New York Governor Andrew Cuomo proposed laying off nearly 10,000 state workers and cutting ...
Mon, January 31, 2011
By Anna Driver
HOUSTON (Reuters) - Exxon Mobil Corp reported a better-than-expected 53 percent increase in quarterly profit, helped by a lower tax rate and ...
Wed, January 19, 2011
MADISON, Wis. (WTAQ) - Wisconsin lawmakers will hear testimony Wednesday on a bill to make it much harder for them to raise sales and income ...
Tue, January 04, 2011
CHICAGO (Reuters) - Wisconsin Governor Scott Walker unveiled draft legislation on Tuesday that would require a supermajority vote in the legislature for tax increases.
Walker ...
Wed, December 29, 2010
MADISON, Wis. (WTAQ) - Governor-elect Scott Walker is changing his original plan to cut taxes for Wisconsin companies that employ less than 50 people.
It ...
Wed, December 15, 2010
The extent of the National Treasure star's money troubles hit the headlines last year (09) when he filed suit against his former business ...
Fri, December 10, 2010
The Hollywood actor was convicted of failing to file a tax return in 2008 and is preparing to report to jail this week (beg06Dec10 ...
Mon, November 29, 2010
By Jeff Mason
WASHINGTON (Reuters) - President Barack Obama is not expected to reach a deal with Republican leaders on whether to extend Bush-era tax ...
Sat, November 13, 2010
By Rodrigo Campos
NEW YORK (Reuters) - Without a boost from Washington policymakers or data showing budding strength in the economy, Wall Street's rally ...
Wed, November 10, 2010
By Donna Smith and Jeff Mason
WASHINGTON (Reuters) - Leaders of a presidential commission proposed raising taxes and the retirement age among bold ideas on ...
Tue, October 12, 2010
By Edward Krudy
NEW YORK (Reuters) - Wall Street is more worried about high unemployment than the makeup of Congress or the Federal Reserve's ...
Fri, October 01, 2010
By John O'Donnell
BRUSSELS (Reuters) - European Union finance ministers met on Friday in a fresh attempt to agree a common approach to taxing ...
Wed, September 15, 2010
By Edward Krudy
NEW YORK (Reuters) - Former Federal Reserve chief Alan Greenspan said on Wednesday all Bush-era tax cuts should be allowed to expire ...
Tue, September 07, 2010
By John O'Donnell
BRUSSELS (Reuters) - European Union finance ministers made a fresh attempt on Tuesday to settle their differences over taxation of banks ...
Wed, August 25, 2010
NEW YORK (Reuters) - New York's Oneida Indian Nation moved a cigarette-manufacturing plant to their upstate reservation to shield smokers from steep taxes that ...
Wed, July 21, 2010
GREEN BAY, Wis. (WTAQ) - Mark Neumann says he’ll try to give you a chance to get out of paying your property taxes next ...
Wed, July 14, 2010
By Leslie Gevirtz
NEW YORK (Reuters) - Americans armed themselves to the teeth and paid through the nose to have a smoke, according to a ...
Tue, June 22, 2010
By Sumeet Desai
LONDON (Reuters) - Britain's coalition government produced the harshest budget in a generation on Tuesday, slashing spending, raising sales tax and ...
Tue, June 08, 2010
NEW YORK (Reuters) - Capping New Jersey's property taxes may backfire, causing counties, cities and towns to slash essential services from funding schools to ...
Thu, June 03, 2010
(Mackinac Island, MI) -- Former U.S. House Speaker Newt Gingrich outlined several plans for improving Michigan's economy as the keynote speaker at the ...
Fri, April 23, 2010
By Louise Egan and Rachelle Younglai
WASHINGTON (Reuters) - Proposals to hit banks around the world with new taxes to help pay for bailouts split ...
Thu, April 22, 2010
MADISON, Wis. (WTAQ) - Corporate executives say the best way to create jobs is for the government to cut income taxes. That’s according to ...
Thu, April 15, 2010
By Grant McCool and Kim Dixon
NEW YORK/WASHINGTON (Reuters) - Seven former wealthy U.S. clients of UBS AG <UBSN.VX> were charged on ...
Mon, March 29, 2010
By Tom Hals
WILMINGTON, Delaware (Reuters) - Washington Mutual Inc <WAMUQ.PK>, the biggest bank failure in history, may have a second life after bankruptcy ...
Mon, March 01, 2010
By Andy Sullivan
WASHINGTON (Reuters) - Tax increases and spending cuts will both be needed to spread the burden of bringing down U.S. budget ...
Mon, February 22, 2010
WASHINGTON (Reuters) - International tax policies are likely to be among the topics discussed when President Barack Obama meets on Wednesday with a leading business ...
Fri, February 05, 2010
MADISON, Wis. (WTAQ) - Republican U.S. Senate candidate Dave Westlake paid state income taxes in 9 of the last 10 years. The Watertown businessman ...
Tue, February 02, 2010
The Feb 1 story headlined "Backdoor taxes to hit middle class" is wrong and has been withdrawn. The story said lower-income families will pay ...
Mon, February 01, 2010
The story Backdoor taxes to hit middle class has been withdrawn. A replacement story will run later in the week.
Mon, January 25, 2010
WASHINGTON (Reuters) - Bill Gates, the world's richest man, said on Monday the U.S. economy could take years to recover from recession and ...
Wed, January 20, 2010
Sheboygan, Wis. (WHBL) - For some, the City of Sheboygan’s ambulance service is nothing more than an albatross. But according to one Alderman, dropping ...
Mon, January 18, 2010
LONDON (Reuters) - British singer Billy Bragg has threatened to stop paying taxes, and called on others to follow suit, unless the government acts to ...
Mon, December 21, 2009
By Susan Heavey
WASHINGTON (Reuters) - Proposed changes to the U.S. Senate's pending healthcare reform bill include measures targeting industry profits and taxes ...
Sat, December 19, 2009
By Susan Heavey
WASHINGTON (Reuters) - Proposed changes to the Senate's pending healthcare reform bill include measures targeting industry profits and taxes, and a ...
Fri, November 20, 2009
MADISON (WRN) - The state government is getting about 3 percent less in tax revenues compared to a year ago.
But the head of the ...
Wed, November 18, 2009
MADISON (WRN) - A state lawmaker says some school districts in Wisconsin could see double digit increases in property taxes in the coming years, thanks ...
Wed, October 21, 2009
NEW YORK (Reuters) - New York Governor David Paterson on Wednesday said his administration was contacting federal law enforcement agencies over the state's failure ...
Tue, October 06, 2009
By John Whitesides
WASHINGTON (Reuters) - A U.S. Senate healthcare reform bill would raise $29 billion more in taxes on healthcare companies over 10 ...
Recent Comments