Tag: Personal taxes

Biden tax returns: He paid 25.9% rate and earned $607,336

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WASHINGTON — President Joe Biden has said the wealthy should pay more in taxes — and 25.9% of his income went to the federal...

IRS to the rescue? Tax audits eyed for infrastructure cash

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WASHINGTON — Republicans say they won’t raise taxes on corporations. Democrats say they won't raise taxes on people making less than $400,000 a year....

Dump Trump? Kicking him off NYC golf course may not be easy

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NEW YORK — Donald Trump has a rich history of fighting back when he’s down and making others pay, and that's exactly how he...

California’s governor: Rebates of up to $1,100 per household

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SACRAMENTO, Calif. — Millions of poor and middle-class Californians would get tax rebates of up to $1,100 under a proposal unveiled Monday by Democratic...

Big venues set to expand capacity as state eases limits

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BOSTON — Large event venues including TD Garden, Fenway Park and Gillette Stadium will be allowed to double their current capacities starting on Monday,...

Republicans promote pandemic relief they voted against

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NEW YORK — Rep. Nicole Malliotakis, R-N.Y., said it pained her to vote against the $1.9 trillion “American Rescue Plan.” ...

A tax guide for small-business owners

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The tax filing deadline is quickly approaching. Due to the pandemic, most businesses have until May 17 to file their returns this year. ...

McConnell says GOP open to $600 billion for infrastructure

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LOUISVILLE, Ky. — Senate Minority Leader Mitch McConnell, R-Ky., said Monday that Republicans are willing to spend up to $600 billion on infrastructure, far...

Biden’s corporate tax plan takes aim at income inequality

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WASHINGTON — From John Kennedy to Ronald Reagan to Donald Trump, American presidents have taken aim at corporate America's tax-avoidance schemes before — and...

Explainer: Capital gains tax hike targets wealthy investors

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NEW YORK — After massive U.S. government spending helped send the stock market back to record heights, with even more potentially on the way,...