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By Paul Solman, Lee Koromvokis
Louisiana’s abundant natural resources represent enormous wealth, yet the state consistently ranks at or near the bottom nationally for many quality-of-life indicators. Like other states, Louisiana grants tax exemptions to businesses it wants to attract, but some are questioning whether…
By Paul Solman
The New York City neighborhood Amazon chose for one of its new headquarters offers developers capital gains tax breaks to invest in high-poverty, low-income areas.
By Bernard Condon, Stephen Braun, Associated Press
President Trump has said he will make public a tax proposal in the coming weeks. Republicans in Congress are also working on plans. Here's what to expect.
By Stephen Ohlemacher, Associated Press
WASHINGTON — Republicans whipped more than $600 billion in compromise tax breaks for businesses, investors and families through the House on Thursday, as Congress tried capping 2015 with a flurry of accomplishments before the partisan collisions certain to dominate the…
By Alan Fram, Associated Press
By PBS NewsHour
The so-called carried interest loophole is a tax break used by hedge funds and other investment groups that lets wealthy money managers pay a relatively low investment tax rate. Economics correspondent Paul Solman takes a close look at the controversial…
WASHINGTON -- In an almost annual ritual, Congress has passed a last-minute package of temporary tax breaks, sparing millions of businesses and individuals from unwanted tax increases just weeks before start of filing season. Congress extends these tax breaks every…
WASHINGTON — The House is moving Wednesday to extend a massive package of expired tax breaks through the end of the year, adding about $45 billion to the budget deficit over the next decade.
WASHINGTON — The House voted Friday to make permanent a temporary tax break that makes it easier for businesses to invest in new equipment, one of many expired tax breaks that Congress must deal with by the end of the…
WASHINGTON — The House voted Thursday to make permanent a generous tax break that makes it easier for small businesses to buy new equipment and improve their property, part of an election-year showdown over a series of expired tax breaks…
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