Corporate taxes

Sen. Elizabeth Warren, D-Mass., speaks to hundreds of supporters at a rally at Wooster High School in Reno, Nev., Saturday, April 6, 2019. Warren said a system that rewards the rich and powerful at the expense of working Americans is at the core of every problem facing the nation. (AP Photo/Scott Sonner)
April 11, 2019 - 8:28 am
WASHINGTON (AP) — Democratic presidential candidate Elizabeth Warren is proposing a new tax on corporate profits that's designed to prevent business giants from taking advantage of the existing tax code to effectively pay a zero rate. The 7% tax on corporate profits above $100 million is the latest...
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FILE - In this July 5, 2018 file photo, Cho Yang-ho, the chairman of Korean Air Lines Co., arrives for hearing to review the prosecution's request for an arrest warrant on charge of embezzlement at the Seoul Southern District Court in Seoul, South Korea. Korean Air says on Monday, April 8, 2019, its chairman, Cho Yang-ho, has died in the United States because of an unspecified illness. (AP Photo/Ahn Young-joon, File)
April 08, 2019 - 4:05 am
SEOUL, South Korea (AP) — Korean Air's chairman, whose leadership included scandals such as his daughter's infamous incident of "nut rage," has died due to illness, the company said Monday. Cho Yang-ho had been indicted on multiple charges, including embezzlement and tax evasion, and his death came...
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Democratic presidential candidate Sen. Amy Klobuchar speaks during a meet and greet with local residents, Sunday, March 17, 2019, in Cedar Rapids, Iowa. (AP Photo/Charlie Neibergall)
March 28, 2019 - 5:00 am
Democratic presidential candidate Amy Klobuchar (KLOH'-buh-shar) is proposing an infrastructure plan she says will provide $1 trillion to fix roads and bridges, protect against flooding and rebuild schools and other projects. The plan announced Thursday is the first policy proposal from the...
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Former CEO of Global Wealth Management and Business Banking at UBS AG Raoul Weil leaves the Paris courthouse in Paris, France, Wednesday, Feb. 20, 2019. A Paris court has ordered Swiss bank UBS to pay 3.7 billion euros ($4.2 billion) in fines for helping wealthy French clients evade tax authorities. (AP Photo/Michel Euler)
February 20, 2019 - 1:11 pm
PARIS (AP) — A French court ordered Switzerland's largest bank, UBS, to pay 4.5 billion euros ($5.1 billion) in fines and damages for helping wealthy French clients evade tax authorities, sending a stern warning to tax dodgers and the banks that aid them. The Paris court convicted Zurich-based UBS...
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FILE- In this Jan. 18, 2019, file photo trader Michael Milano works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Jan. 23. (AP Photo/Richard Drew, File)
January 23, 2019 - 11:22 am
NEW YORK (AP) — Stocks are lower in early afternoon trading on Wall Street Wednesday after giving up an early gain. Energy companies are down as the price of crude oil falls for the third time in four days after a strong start to 2019. Drug and infant formula maker Abbott Laboratories is leading...
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FILE - In this April 22, 2018 file photo, Russian lawyer Natalia Veselnitskaya speaks during an interview with The Associated Press in Moscow. Veselnitskaya, who became a focal point of the investigation into whether there was collusion between Russians and President Donald Trump's election campaign, was charged with obstruction of justice Tuesday, Jan. 8, 2019, in an unrelated case. (AP Photo/Dmitry Serebryakov, File)
January 08, 2019 - 2:42 pm
NEW YORK (AP) — The Russian lawyer who attended the Trump Tower meeting that is a focus of the special counsel's investigation into possible collusion was charged with obstructing an unrelated tax-fraud case, federal prosecutors in New York said Tuesday. Natalya Veselnitskaya was indicted on one...
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FILE - In this Dec. 3, 2018 file photo, Mexico's President Andres Manuel Lopez Obrador holds his first news conference as president, which started at 7 a.m. local time in Mexico City. Lopez Obrador has published a financial disclosure form on Thursday, Jan. 3, 2019, that reveals relatively few possessions and the fact that his wife makes more than he does. (AP Photo/Christian Palma, File)
January 05, 2019 - 1:12 pm
MEXICO CITY (AP) — President Andres Manuel Lopez Obrador has launched an ambitious plan to stimulate economic activity on the Mexican side of the U.S.-Mexico border despite recent U.S. threats to close the border entirely. Mexico plans to slash income and corporate taxes to 20 percent from 30...
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FILE - In this Oct. 19, 2018, file photo, Democratic challenger Tony Evers, left, and Wisconsin Gov. Scott Walker, a Republican, shake hands during gubernatorial debate in Madison, Wis. Republicans pushing to hang on to power in Wisconsin and Michigan aren't stopping at curbing the authority of incoming Democratic governors. They're also trying to hamstring Democrats who are about to take over as attorneys general. (Steve Apps/Wisconsin State Journal via AP, File)
December 10, 2018 - 5:49 pm
MADISON, Wis. (AP) — Companies seeking tax credits from Wisconsin's troubled job-creation agency would face less scrutiny under a provision Republicans included in a package of lame-duck legislation designed to weaken newly elected Democrats. The measure awaiting GOP Gov. Scott Walker's signature...
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September 10, 2018 - 6:05 pm
WASHINGTON (AP) — House Republican leaders have unveiled their proposal to expand the massive tax law they hustled through Congress last year. They're aiming to make permanent the individual tax cuts and small-business income deductions now set to expire in 2026. With midterm elections barely two...
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Defense attorneys Richard Westling, left, Kevin Downing, and Thomas Zehnle, walk to federal court as jury deliberations begin in the trial of former Trump campaign chairman Paul Manafort, in Alexandria, Va., Thursday, Aug. 16, 2018. (AP Photo/Jacquelyn Martin)
August 16, 2018 - 9:23 am
ALEXANDRIA, Va. (AP) — Jurors began their deliberations Thursday in the trial of former Trump campaign chairman Paul Manafort, who prosecutors say earned $60 million advising Russia-backed politicians in Ukraine, hid much of it from the IRS and then lied to banks to get loans when the money dried...
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