Taxes

North Carolina promised tax breaks, worker training and other incentives worth more than $570 million to attract a Foxconn electronics plant that could employ 8,800 people, but the state lost out to Wisconsin's promise of five times more in incentives.

Tony Sayegh, Assistant Secretary of the Treasury for Public Affairs, told FOX Business, the GOP tax plan will benefit middle income families and small businesses.

The Republican Party is gearing up to detail the intricacies of its tax reform overhaul this week and the corporate tax rate is a main area of uncertainty for lawmakers, but one that could make a big difference in future economic growth.

American military contractors operating in Iraq are accusing Baghdad of employing strong-arm tactics to make them pay exorbitant income taxes, a practice they've warned the Trump administration is hampering the fight against Islamic State extremists.

Treasury Secretary Steven Mnuchin says a Republican tax overhaul plan expected to come out this week will offer help for the middle class and businesses.

SOMERSET, N.J. (AP) — A proposed tax overhaul set to come out this week from Republicans will offer help for the middle class and businesses, President Donald Trump's Treasury secretary said.

President Donald Trump says he wants to lure Democratic lawmakers to sign on to a Republican-crafted tax overhaul plan.

Canadian retailers fear their survival is at stake if a change to the North American Free Trade Agreement that is being pushed by Washington leads to online U.S. retailers being able to sell their goods into Canada free of tax and duty.

As Houston recovers from Harvey's devastating flooding, many homeowners could be asked to shoulder an added financial burden: higher taxes on the same houses they are struggling to rebuild.

House Republicans have planned a retreat away from the Capitol next week to discuss a tax overhaul that congressional leaders have been working on for months.