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Tag Archives: tax

BREAKING: Big Trump Win: Tax relief drives Exxon Mobil to invest an incredible $ 10 billion in America's infrastructure

ExxonMobil announced on Tuesday that it would invest $ 10 billion in US infrastructure to develop the Golden Liquefied Natural Gas (LNG) plant at Sabine Pass. According to Exxon Mobil, "Construction will commence in the first quarter of 2019 and the facility is expected to be operational by 2024." Darren Woods, chairman and chief executive officer of Exxon Mobil Corporation, …

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José Mourinho Spain's tax fraud was settled in millions

Image copyright Reuters Caption Mourinho quit his job as Manchester United manager in December Former Manchester United boss José Mourinho has been jailed in Spain for tax fraud, but will not be jailed. Instead, a one-year jail term is being exchanged for a fine of € 182,500 (£ 160,160). , This will be added to a separate fine of € …

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Schumer and Sanders cancel Trump tax cuts with share repurchase plan

Democrats control the house, but the Republicans hold both the Senate and the White House. The plan proposed by Schumer and Sanders is unlikely to pass through the GOP-controlled Senate or deserve Trump's support. Senate Majority Leader Mitch McConnell had no immediate response to the proposal. Kevin Hassett, chairman of Trump's Council of Economic Advisors, told CNBC on Monday that …

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House democrats have new power. They are still fighting for Trump's tax return

First as a candidate and now as president, Trump tirelessly refused to follow the example of his predecessors by releasing his tax returns and mysteriously leaving behind details of his business and personal wealth. With Trump's lawyers threatening a court case for the release of the return, the Democrats are expected to go directly to the Internal Revenue Service and …

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Rep. Ilhan Omar floats with a tax of up to 90 percent

Democratic freshman MP Ilhan Omar taxed the wealthy at a rate of up to 90 percent and joined Democrats, who pushed for much higher rates in the upper bracket to coveted programs such as "Medicare-for-all " to pay. In an interview this week about "Through Her Eyes," a new weekly show on Roku, Ilhan, D-Minn. Suggested that "a few things" …

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US $ 1.5 trillion tax cut has no major impact on companies' investment plans: Reuters survey

© Reuters. US President Trump Signs Signature of White House Tax Law in Washington WASHINGTON (Reuters) – The Trump government's $ 1.5 trillion tax cut package did not seem material, according to the US government to influence a survey that was published one year after the largest revision of US tax legislation in more than 30 years. Monday's quarterly National …

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Warren deals with the wealth tax proposal for 2020

Sen. Elizabeth Warren Elizabeth Ann WarrenLikely 2020 Dem-contenders for an in-depth review of Wall Street relations Bloomberg describes Trump as a "fake CEO" Sen. Warren misses the grade in the wage debate for living wages. is taking a big step towards taxes as it seeks to highlight itself in a crowded, primarily democratic presidential field where many candidates will fight …

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Trump uses Venezuela to blow up the Ocasio-Cortez tax plan

President Trump took advantage of Thursday's situation in Venezuela to blast Democrat Alexandria Ocasio-Cortez with a 70 percent border tax on the rich. Asked about the troubled nation, Trump replied, "It's a very sad situation. It was the richest state in the area. This is a large, beautiful area – and by far the richest – and now it is …

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