Author: Marcy Gordon
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U.S. gov’t, states sue Facebook for ‘predatory’ conduct
WASHINGTON • The U.S. government and 48 states and districts sued Facebook Wednesday, accusing it of abusing its market power in social networking to crush smaller competitors and seeking remedies that could include a forced spinoff of the social network’s Instagram and WhatsApp messaging services. The landmark antitrust lawsuits, announced by the Federal Trade Commission…
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Dems and GOP square off over Trump’s tax returns
WASHINGTON • With Democrats now controlling the House and holding the legal key to seeking President Donald Trump’s tax returns, Republican lawmakers are invoking privacy in defending Trump’s flank. At an oversight hearing Thursday, lawmakers examined proposals to compel presidents and presidential candidates to make years of their tax returns public. And they discussed the…
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Dems turn focus on tax return proposals
WASHINGTON • The new Democratic-controlled House is looking at proposals to compel presidents and presidential candidates to make public years of their tax returns. But the burning question is what Democrats might do more immediately to get such files from President Donald Trump. That goal has been high on their list of priorities since they…
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Bye-bye box seats? Tax law may curb corporate cash at games
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Facebook Twitter WhatsApp SMS Email Print Copy article link Save WASHINGTON — Could the crackdown on tax loopholes clamp down on corporate schmoozing? The new tax law ends a benefit prized by business for impressing customers or courting new ones. And the impact could be…
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It’s a done deal: Congress wraps up massive tax package
WASHINGTON — Congressional Republicans delivered an epic overhaul of U.S. tax laws to President Donald Trump on Wednesday, bringing generous tax cuts for corporations and the wealthiest Americans while providing smaller cuts for middle- and low-income families. In a re-vote due to a last-minute hiccup, the House passed the massive $1.5 trillion tax package that…
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Senate moves tax cut legislation to brink of final passage
WASHINGTON — Jubilant Republicans pushed on early Wednesday to the verge of the most sweeping rewrite of the nation’s tax laws in more than three decades, a deeply unpopular bill they insist Americans will learn to love when they see their paychecks in the new year. President Donald Trump cheered the lawmakers on, eager to…
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GOP says it’s got a deal on taxes; cuts coming for next year
WASHINGTON — Confident congressional Republicans forged an agreement Wednesday on a major overhaul of the nation’s tax laws that would provide generous tax cuts for corporations and the wealthiest Americans — Donald Trump among them — and deliver the first major legislative accomplishment to the GOP president. Middle- and low-income families would get smaller tax…
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Senate OKs tax bill as Trump, GOP near big legislative win
WASHINGTON — Republicans pushed a nearly $1.5 trillion tax bill through the Senate early Saturday after a burst of eleventh-hour horse trading, as a party starved all year for a major legislative triumph took a giant step toward giving President Donald Trump one of his top priorities by Christmas. “Big bills are rarely popular. You…
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Top Republican claims enough votes for Senate OK of tax bill
WASHINGTON — A Senate Republican leader claimed enough votes Friday to push the party’s $1.4 trillion tax bill through the chamber, apparently overcoming eleventh-hour hitches that had raised questions about whether the GOP’s push for its highest legislative priority might falter. “We’re confident in the 50 and we’d like to build on that,” No. 2…
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1st GOP senator opposes tax bill in early sign of problems
WASHINGTON — Wisconsin’s Ron Johnson on Wednesday became the first Republican senator to say he opposes his party’s tax bill, signaling potential problems for GOP leaders. Passage of a similar package seemed certain Thursday in the House, where a handful of dissidents conceded they expected to be steamrolled by a GOP frantic to claim its…