Tax reform

FILE - In this Tuesday, Sept. 19, 2017, file photo, Warren Buffett attends the Forbes 100th Anniversary Gala at Pier Sixty in New York. Buffett will release his well-read annual letter to Berkshire Hathaway shareholders on Saturday, Feb. 24, 2018. In addition to detailing his conglomerate's performance last year, Buffett often devotes part of his letter to advice on investing and life. (Photo by Andy Kropa/Invision/AP, File)
February 24, 2018 - 4:14 pm
OMAHA, Neb. (AP) — Investor Warren Buffett says Wall Street's lust for deals has prompted CEOs to act like oversexed teenagers and overpay for acquisitions, so it has been hard to find deals for Berkshire Hathaway. In his annual letter to shareholders Saturday, Buffett mixed investment advice with...
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FILE- In this Feb. 19, 2018, file photo, Rep. Jean-Paul Coussan, R-Lafayette, left, speaks with Rep. Tanner Magee, R-Houma, on the opening day of the special legislative session in Baton Rouge, La. A tax overhaul is giving most Americans a break on their federal income taxes. But fallout from the same law means many people could actually see their state income taxes rise. “It was a like a gift from God,” Magee said of the extra tax revenue. (AP Photo/Melinda Deslatte, File)
February 24, 2018 - 10:08 am
BATON ROUGE, La. (AP) — The Republican tax overhaul is giving most Americans a break on their federal income taxes. But fallout from the same law means many people could actually see their state income taxes rise. For some state governments, the prospect of getting more revenue without actively...
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President Donald Trump and Australian Prime Minister Malcolm Turnbull shake hands in the Oval Office at the White House in Washington, Friday, Feb. 23, 2018. (AP Photo/Andrew Harnik)
February 23, 2018 - 2:31 pm
WASHINGTON (AP) — The Latest on President Donald Trump's meetings with the Australian prime minister (all times local): 2:30 p.m. Australian Prime Minister Malcolm Turnbull says his country is inspired by President Donald Trump's tax cuts. Turnbull is telling Trump at a White House news conference...
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FILE - In this Dec. 21, 2016, file photo, the Trump International Hotel in Washington. Special interests are holding meetings at properties owned by President Donald Trump, putting money in his pockets as they seek to influence his administration. An Associated Press analysis of the interest groups that visited Trump properties in the first year of his presidency found several instances that at least created the appearance of “pay for play.” (AP Photo/Alex Brandon, File)
February 22, 2018 - 5:33 pm
WASHINGTON (AP) — Payday lenders got regulators to rethink rules on how closely to vet borrowers. E-cigarette makers got a delay in federal oversight of many vaping products. Candy makers praised a decision to hold off on more stringent labeling standards. And title insurers declared "victory" for...
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February 22, 2018 - 1:26 pm
DURHAM, N.C. (AP) — North Carolina's largest health insurer says its windfall from the new federal tax cut will hold down rate increases in the future, but this year will give charities millions of dollars and pay employees a $1,000 bonus. Blue Cross and Blue Shield of North Carolina said Thursday...
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February 15, 2018 - 2:17 pm
NEW YORK (AP) — Sears Holdings Corp. says sales dropped during the critical fourth quarter, but the ailing retailer expects to earn a profit, helped by a windfall from U.S. tax reform. Sears, which operates Kmart stores and its namesake, said Thursday in a regulatory filing that comparable revenue...
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President Donald Trump, joined by Sen. John Barrasso, R-Wyo., left, and Sen. Lisa Murkowski, R-Alaska, right, speaks to media during a meeting with bipartisan members of congress about infrastructure in the Cabinet Room of the White House in Washington, Wednesday, Feb. 14, 2018. (AP Photo/Carolyn Kaster)
February 14, 2018 - 5:54 pm
WASHINGTON (AP) — President Donald Trump on Wednesday signaled his openness to a 25-cent fuel tax increase to help pay for his infrastructure proposal. Sen. Tom Carper of Delaware said Trump told lawmakers in a White House meeting that he would be willing to provide leadership on such an increase...
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In this Feb. 1, 2018 photo, Microsoft co-founder Bill Gates and his wife Melinda pose for a photo before an interview with The Associated Press in Kirkland, Wash. Gates and his wife, head the Bill and Melinda Gates Foundation, are rethinking their work in America as they confront what they consider an unsatisfactory track record, the country's growing inequity and a president they disagree with more than any other. (AP Photo/Ted S. Warren)
February 13, 2018 - 5:22 pm
Bill and Melinda Gates say they're concerned about some of President Donald Trump's policies and statements. Here are excerpts from their recent interview with The Associated Press: GIVING PLEDGE Bill Gates says he's met with Trump twice since he took office. The Microsoft co-founder hasn't asked...
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February 13, 2018 - 5:10 am
NEW YORK (AP) — The Koch brothers are spending millions to attack two vulnerable Democrats for voting against the Republican tax overhaul. The Koch-backed group Americans For Prosperity plan to launch a $4 million advertising campaign against Missouri's Sen. Claire McCaskill and Indiana's Sen. Joe...
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The President's FY19 Budget is on display after arriving on Capitol Hill in Washington, Monday, Feb. 12, 2018. (AP Photo/Susan Walsh)
February 12, 2018 - 8:11 pm
WASHINGTON (AP) — The Latest on President Donald Trump's proposed 2019 budget (all times local): 8:15 p.m. President Donald Trump's budget plan would order steep cuts to the nation's social safety net but push military spending much higher. For the first time, it acknowledges that the Republican...
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