Tax

Freedom Caucus might go rogue on tax reform

Freedom Caucus Chairman Rep. Mark Meadows (right) and Vice Chairman Rep. Jim Jordan (left) told White House officials Thursday that the group may put out its own tax plan. | Mark Wilson/Getty House Freedom Caucus leaders told White House officials this week that Republicans need to release a tax plan soon — or the conservative group may put out one ...

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COMMENTARY: Trudeau’s tax plan will hurt the middle class he claims to be protecting – National

“I want to be clear,” Prime Minister Justin Trudeau said at the Liberal party’s recent caucus gathering in Kelowna. “People who make $50,000 a year should not pay higher taxes than people who make $250,000 a year.” Trudeau was defending the government’s proposed small business tax changes, which would eliminate such practices as business owners paying themselves dividends, sprinkling income among family ...

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Vote for us, we’ll raise your taxes – POLITICO

Although he leads the traditional party of the Norwegian working class, Jonas Gahr Støre has a patrician background and is an heir to considerable wealth | Alex Wong/Getty Images Opposition party accuses government of spending way too much, and only tax hikes can balance the books. By John Acher 9/8/17, 4:01 AM CET OSLO — Norwegian Labor Party leader Jonas ...

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Amazon Plans Second Headquarters, Opening a Bidding War Among Cities

Technology|Amazon Plans Second Headquarters, Opening a Bidding War Among Cities Close search Site Search Navigation https://nyti.ms/2xRkH7t See next articles See previous articles Site Navigation Site Mobile Navigation Photo Amazon’s headquarters in Seattle. The company’s announcement that it is seeking a location for a second headquarters is likely to set off jockeying among several major cities. Credit Stuart Isett for The ...

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Trudeau hitting middle class with proposed tax changes, Scheer says – Politics

Conservative Leader Andrew Scheer rallied his MPs Thursday by taking aim at the Liberals’ planned tax changes, saying Prime Minister Justin Trudeau cares more about billionaires than middle-class Canadians. In public remarks before a meeting of his caucus in Winnipeg, Scheer said of Trudeau that people “believed he was going to be the great defender of the middle class — ...

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Bitcoin: Tax Bill Calls Exemptions Under $600

People who use digital currency such as bitcoin for small purchases face a big problem: Under current tax rules, any little transaction—like buying a cup of coffee—can be considered a capital gain, and trigger an obligation to the IRS. A solution may be on the way, however, in the form of a bipartisan bill introduced in the House of Representatives ...

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Tax reform ‘viable’ this year; comfortable debt ceiling move

Treasury Secretary Steve Munchin told Fox Business on Thursday he’s comfortable with a three-month deal to increase the debt ceiling. President Donald Trump on Wednesday split with congressional GOP leaders to support a Democratic approach on Hurricane Harvey relief coupled with a three-month extension on federal borrowing authority and government funding. Senate Majority Leader Mitch McConnell later said he would ...

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Miners to be hit by Western Australian tax slug

Mining companies with operations in Western Australia, such as Rio Tinto, BHP, Fortescue and a string of gold miners, will be hit with a bigger tax slug under changes announced in the WA state budget. The WA government, which is grappling with ballooning debt and a significant budget deficit, unveiled a hike in payroll tax and a jump in the gold royalty rate. The ...

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