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Trump Must Turn Over Tax Returns to D.A., Judge Rules

The New York Times - 20 Aug 2020 16:22
Trump Must Turn Over TaxA federal judge rejected the president's argument that a subpoena seeking eight years of his tax returns was 'wildly overbroad.'
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A new bill co-sponsored by Sen. Bernie Sanders would impose a one-time windfall tax on the wealth that billionaires have accumulated during the coronavirus pandemic, using the proceeds to pay for free... out-of-pocket health-care costs for all Americans for a year.
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Angry South Korean CryptoActive crypto traders in South Korea said they are prepared to walk away from the scene forever - slamming "unfair" 20% crypto trading tax law proposals unveiled by the government earlier this week.... It is a sign, perhaps, of what traders in other nations will have to deal with in the near future, with draft crypto tax laws now being drawn up by governments all over
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2020 Democratic hopeful Sen. Bernie Sanders got cheers during a town hall on Fox News Monday while discussing his "Medicare for All" plan. CBS News political correspondent Ed O'Keefe, CBSN political... reporter Caitlin Huey-Burns and Washington Post reporter Michelle Ye Hee Lee join CBSN's "Red and Blue" to discuss the latest campaign 2020 headlines.
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Biden wants Amazon to 'startAmazon has become a popular political football to kick on several issues       
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Government response updates:President Donald Trump is expected to give another briefing on his coronavirus response and field questions on new economic measures, FDA drugs and equipment shortages.
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Facebook owes $9B in taxesTax agency says social network undervalued intellectual property sold to subsidiary in 2010.
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It's official: Trump's taxUS GDP grew by 2.3% in 2019, well below President Trump's promise of 3% growth. The most recent GDP number also proved that the tax cuts championed by Trump and the GOP did nothing to substantially... boost the economy. Anyone who looked at history or has some knowledge about economics knew this would be the case. Jared Bernstein is a senior fellow at the Center on Budget and Policy Priorities. Bernstein served as the chief economist and economic adviser to Vice President Joe Biden. This is an opinion column. The thoughts expressed are those of the author. Visit Business Insider's homepage for more stories. On Thursday, we learned that US GDP—the broadest measure of the dollar value of the nation's economy—grew 2.3% last year (on a year-over-year basis). That's a decent growth rate, to be...
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Amazon's Tax Claims AreDespite deserved outrage for paying effectively $0 in federal income taxes two years running, Amazon would like us to believe it has become a model corporate citizen. They even blogged about it!
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Trump Tax Break That BenefitedThe Treasury Department's watchdog said it was looking into the Opportunity Zone program, a multibillion-dollar tax break that is supposed to help low-income areas.
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Justice Department backs TrumpThe Justice Department moved Friday to officially back President Trump in his quest to prevent the release of his tax returns, Reuters reported. The Supreme Court filing from Solicitor General Noel... Francisco came a week after the president’s personal attorneys moved to appeal a decision from the US Court of Appeals for the Second Circuit,...
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For years, the assumption has been that most Americans are anti-tax, but are attitudes changing?
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Apple And Ireland Challenge EUThe world's biggest tax case has seen Apple and the Irish government fighting claims from the European Union that it dodged taxes across the continent in return for creating jobs in Ireland.
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IRS means business when it comes to bitcoin

New York Post - 8 Aug 2019 03:38
IRS means business when itIn my last column, I reported that the IRS is going after people who trade bitcoin and other virtual currencies -- and didn't bother to pay tax on their gains. In fact, I'm told the IRS sent out... 10,000 letters to people who could be tax scofflaws because of virtual currency transactions and not reporting...
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US to probe French plan to taxThe proposal would levy a 3% tax on revenue that large tech companies earn providing services in France. Some of the companies mentioned include Amazon, Apple and Google.
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'Tax Us'? No, Very Few RichThe media creates the impression that lots of billionaires want to pay higher taxes. But this is wrong.
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Tory leadership contest: BorisThe Tory leadership hopeful says he would use money set aside for a no-deal Brexit to cut taxes for people earning more than £50,000.
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Mnuchin tells Congress he'llTreasury Secretary Steven Mnuchin on Wednesday told Congress that his department will miss its deadline for the release of President Trump's tax returns. In a letter to House Ways and Means Committee... Chairman Richard Neal, Mnunchin didn’t say whether the Treasury Department will comply with congressional demands but said he still intends to review the...
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Trump's Federal Reserve pick owes unpaid taxes

Miami Herald - 28 Mar 2019 03:20
President Donald Trump's pick to serve on the Federal Reserve's Board of Governors had a lien of more than $75,000 filed against him in January 2018 for unpaid taxes. The …
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Tax refunds are $3 smaller onAfter three weeks of rising tax refunds, the average tax refund is $3 less than a year ago.        
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Tax filing officially kicks off on Monday. Here's what taxpayers need to know about 2019's tax season
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Dolce, Gabbana Cleared of TaxWhile Domenico Dolce and Stefano Gabbana had been cleared penally, fiscally the issue had not been resolved.
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Tax cuts are causing a massiveDear John: Your recent article on tax breaks looks like you wrote it at dinner on a napkin. Zero research, only speculation. I'm sorry if the tax breaks weren't good for you, but they surely helped me... and the rest of the working class. Perhaps the elites like yourself didn't do so well. T.C. Dear...
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Shakira gets hit with $16.3The Colombian singer officially moved to Spain for tax purposes in 2015.        
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At an Oval Office gathering earlier this year, President Donald Trump began touting his administration's new "Opportunity Zone" program that offers massive tax breaks to developers who invest in... downtrodden …
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