tax cuts

The Treasury is weighing a proposal to eliminate some, but not all, of the taxes on overseas profits of U.S.-based companies, the Wall Street Journal reported on Saturday, citing two people familiar with the deliberations.

Canadian politics are heating up in language familiar to the neighbors down south: tax cuts, jobs, the deficit, corporate enrichment and struggling families.

Expectations that the Senate will vote to extend tax cuts helped fuel early gains in the stock market Monday, before markets closed mixed.

President Barack Obama on Wednesday rejected claims that he betrayed Democrats by cutting a deal with Republicans on Bush-era tax cuts and implored his party to back the compromise, arguing it could jump-start the economy.

Senate Republicans have blocked legislation allowing taxes to rise on upper income taxpayers on Jan.

The Republican Party is strongly expressing its intention to revisit issues like health care reform, financial regulation and tax cuts.

President Obama, scrambling to spur job creation, proposed a six-year plan on Monday to rebuild infrastructure with an initial $50 billion investment and prepared new business tax cuts.

For more than two years, President Obama and the vast majority of Democrats have argued for extending and enlarging Bush’s middle class tax cuts while allowing rates to rise for those making more than $250,000 a year.

Powered by tax cuts and stimulus spending, China's October auto sales soared 72 percent from a year earlier, outpacing U.S. sales for another month, according to data reported Monday.

Tax cuts and increases on Social Security checks lifted personal incomes in May, but it appears that many people are putting that money away instead of spending it.