Taxes

Health tax splits California amid need for Trump's approval

California lawmakers are headed toward a confrontation with Gov. Gavin Newsom over whether to keep a tax that can generate nearly $2 billion for low-income health benefits but means approval from the Trump administration amid a feud between state and federal officials.

Mnuchin says he was unaware of IRS memo on tax returns

Treasury Secretary Steven Mnuchin says he has no idea who wrote a confidential Internal Revenue Service legal memo that says that tax returns must be given to Congress unless the president asserts executive privilege.