National taxes
Baker files legislation proposing 2-month sales tax holiday

Jun. 23, 2021 03:57 PM EDT
BOSTON (AP) — Gov. Charlie Baker on Wednesday proposed expanding the state's annual two-day sales tax holiday to a two-month event this year in an effort to...

North Rhine-Westphalia's State Premier and head of Germany's conservative Christian Democratic Union (CDU) party, Armin Laschet, left, and Bavaria's State Premier and leader of the Bavarian Christian Social Union (CSU) Markus Soeder arrive for a CDU/CSU leadership in Berlin, Sunday June 20, 2021, on the eve of the unveiling of their electoral program ahead of the September general election. (Odd Andersen/Pool via AP)
Merkel's bloc pledges stability, renewal to German voters

By Geir Moulson Jun. 21, 2021 08:47 AM EDT

FILE - This June 4, 2021 file photo shows Treasury Secretary Janet Yellen ahead of her meeting with Germany's Finance Minister Olaf Scholz, as finance ministers from across the G7 nations meet at Lancaster House in London. Yellen assured Congress on Wednesday, June 16, that the Biden administration is monitoring the recent jump in inflation very carefully but still believes the increase will prove temporary. (Daniel Leal-Olivas/Pool Photo via AP, File)
Yellen: administration is watching inflation closely

By Martin Crutsinger Jun. 16, 2021 12:50 PM EDT

FILE - In this June 17, 2019, file photo, an Airbus A 350 - 1000 performs a demonstration flight at Paris Air Show in Le Bourget, east of Paris, France. The United States and the European Union on Tuesday appeared close to clinching a deal to end a damaging dispute over subsidies to Airbus and Boeing and lift billions of dollars in punitive tariffs. (AP Photo/Michel Euler, FILE)
Airbus-Boeing deal eases US-EU tensions but conflicts remain

By Paul Wiseman, Lorne Cook And Aamer Madhani Jun. 15, 2021 03:32 PM EDT

New Mexico Gov. Michelle Lujan Grisham said she will use federal funds to replenish the state's depleted unemployment insurance trust at a news conference on Friday, June 11, 2021, at the state Capitol building in Santa Fe, N.M. New Mexico's Workforce Solutions Department that oversees unemployment claims is embarking on reforms aimed at improving efficiency and service, while cracking down on perpetrators of fraudulent claims with help from federal authorities. Agency staffing is being increased by 110 positions. (AP Photo/Morgan Lee)
New Mexico seeks reforms at unemployment agency

By Morgan Lee Jun. 11, 2021 05:03 PM EDT

FILE - In this file photo dated Wednesday, June 7, 2017, The Organisation for Economic Co-operation and Development (OECD) headquarters in Paris, France. The Biden administration is pushing for agreement on a global minimum tax. The proposal from President Biden and Treasury Secretary Janet Yellen calls for at least a 15 percent rate to deter companies from using legal and accounting techniques to shift profits to low-tax countries. The proposal has given new energy to international talks being held in Paris and raised hopes of a deal by July. (AP Photo/Francois Mori, File)
EXPLAINER: Curbing tax avoidance by multinational companies

By David Mchugh Jun. 11, 2021 01:13 PM EDT

Vice President Kamala Harris joins bilingual early childhood education school CentroNia pupils during a visit to the school, Friday, June 11, 2021 in northwest Washington. (AP Photo/Manuel Balce Ceneta)
Harris touts child care funding and payments to families

By Josh Boak Jun. 11, 2021 08:34 AM EDT

U.S. Treasury Secretary Janet Yellen poses for photographs as finance ministers from across the G7 nations meet at Lancaster House in London, Saturday, June 5, 2021, ahead of the G7 leaders' summit. (AP Photo/Alberto Pezzali, Pool)
G-7 back steps to deter tax dodging by multinational firms

By Kelvin Chan And David Mchugh Jun. 05, 2021 07:51 AM EDT

FILE - In this file photo dated Wednesday, June 7, 2017, The Organisation for Economic Co-operation and Development (OECD) headquarters in Paris, France. The Biden administration is pushing for agreement on a global minimum tax. The proposal from President Biden and Treasury Secretary Janet Yellen calls for at least a 15 percent rate to deter companies from using legal and accounting techniques to shift profits to low-tax countries. The proposal has given new energy to international talks being held in Paris and raised hopes of a deal by July. (AP Photo/Francois Mori, File)
EXPLAINER: Curbing tax avoidance by multinational companies

By David Mchugh Jun. 04, 2021 02:00 AM EDT

FILE - In this Wednesday, July 8, 2020 file photo, British Chancellor of the Exchequer Rishi Sunak leaves number 11 Downing Street, to deliver a financial announcement to the Houses of Parliament in London. Finance ministers from the Group of Seven wealthy democracies have a lot to talk about when they gather in London starting Friday, June 4, 2021. Ministers at the meeting chaired by Britain's Rishi Sunak and to be attended by U.S. Treasury Secretary Janet Yellen will talk about supporting the post-pandemic economic recovery and work on restoring cooperation among the seven allies after friction during the term of former President Donald Trump. (AP Photo/Matt Dunham, File)
Biden tax proposal in focus at Group of 7 ministers' meeting

By David Mchugh Jun. 03, 2021 09:27 AM EDT

Ritter says proposed taxes on wealthy unlikely in final deal

Jun. 02, 2021 06:48 PM EDT
HARTFORD, Conn. (AP) — Despite a strong push from progressive Democrats and their allies, it appears unlikely some proposed tax increases on the wealthy will...

Editorial Roundup: North Carolina

By The Associated Press Jun. 02, 2021 01:30 PM EDT
Charlotte Observer. May 30, 2021. Editorial: In NC, the GOP governs by the Big Fib The Big Lie that drives Republican...

Staff leave floor of the Illinois House of Representatives after the budget is passed around midnight on the last day of session at the Illinois State Capitol in Springfield, Ill., Tuesday, June 1, 2021. (Justin L. Fowler/The State Journal-Register via AP)/The State Journal-Register via AP)
Illinois Legislature's $42 billion budget heads to Pritzker

Jun. 01, 2021 06:57 AM EDT

President Joe Biden tours the Cuyahoga Community College Manufacturing Technology Center, Thursday, May 27, 2021, in Cleveland. (AP Photo/Evan Vucci)
Biden's $6T budget: Social spending, taxes on business

By Andrew Taylor May. 29, 2021 12:01 AM EDT

President Joe Biden delivers remarks on the economy at the Cuyahoga Community College Metropolitan Campus, Thursday, May 27, 2021, in Cleveland. (AP Photo/Evan Vucci)
Biden's $6T budget: Social spending, taxes on business

By Andrew Taylor May. 28, 2021 02:51 PM EDT

Dan Mehan, president and CEO of the Missouri Chamber of Commerce and Industry, stands outside the chamber's office near the state Capitol in Jefferson City, Missouri, on May 24, 2021. The chamber supported Gov. Mike Parson's decision to use $300 million of federal coronavirus relief funds to shore up the state's unemployment insurance trust fund. (AP Photo/David A. Lieb)
States tap federal aid to shore up empty unemployment funds

By David A. Lieb May. 27, 2021 11:49 AM EDT

Editorial Roundup: New England

By The Associated Press May. 21, 2021 07:00 AM EDT
Hartford Courant. May 18, 2021. Editorial: The angry, disruptive display at UHart’s commencement over switching to NCAA Division III was...

A woman dressed in a traditional Mexican dress and mask holds a sign that reads in Spanish "Peace begins in the heart of every man and woman to renounce war forever." as police stand guard on the sidelines of an anti-government march in Bogota, Colombia, Wednesday, May 19, 2021. Colombians have taken to the streets for weeks across the country after the government proposed tax increases on public services, fuel, wages and pensions. (AP Photo/Ivan Valencia)
Pressured by protests, Colombian lawmakers nix health reform

By Astrid Suárez May. 19, 2021 07:50 PM EDT

This May 4, 2021 image shows some of the kaleidoscopes made by pre-K students at Cuidando Los Ninos in Albuquerque, N.M. The charity provides housing, child care and financial counseling for mothers, all of whom will benefit from expanded Child Tax Credit payments that will start flowing in July to roughly 39 million households. (AP Photo/Susan Montoya Bryan)
Can monthly cash payments cut child poverty by nearly half?

By Ashraf Khalil May. 19, 2021 12:07 AM EDT

Wisconsin Republicans join federal lawsuit over tax cuts

May. 14, 2021 10:24 AM EDT
MADISON, Wis. (AP) — Republican legislative leaders have decided to join a multi-state lawsuit seeking a ruling that federal pandemic relief money can cover...