Browsing: Taxes

The belief is that these tariffs will help bring Canada and Mexico to the negotiating table, so President Trump can begin the process of bringing back more manufacturing jobs to the U.S.. However, this process might not be as cut and dry as it looks on paper.

His wealth and taxes suddenly a campaign focus, Mitt Romney said Tuesday he pays an effective federal tax rate of about 15 percent. That’s far less than if his earnings were wages rather than gains from investments and dividends, and the disclosure under pressure triggered a sharp response from the Democratic White House as well as one of his GOP presidential rivals.

One of the many perks and conveniences of online shopping is the lack of sales tax paid when purchasing on the Web. This convenience may be at stake with many states’ pursuit of a requisite sales tax for online purchases.