Taxes

If POTUS sticks to what he has said about tax reform many Americans may take a hit.

The Latest on the deal for a planned $10 billion Foxconn manufacturing plant in Wisconsin (all times local): 9 a.m.

Foxconn Technology Group's manufacturing plant in Wisconsin wlll be the first U.S.-based facility for the Taiwan-based electronics giant.

White House officials and Republican Congressional leadership struck a deal on tax reform principles Thursday, deciding the border-adjustment tax will not be included in the pending legislation.

Louisiana appears to have dug its way out of recession, reaching a three-year low in its unemployment rate as the state finally shows job gains after being hammered by the downslide in the oil and gas industry.

What's in the 'skinny repeal'? The exact details are still being worked out, but in a process called vote-a-rama, expected to begin Thursday, lawmakers can propose unlimited amendments to be voted on.

The European Commission has ordered France and Belgium to end tax breaks for ports, saying they distort competition in the 28-nation European Union.

President Donald Trump says that electronics giant Foxconn will build a $10 billion factory in Wisconsin that's expected to initially create 3,000 jobs, the largest economic development project in state history.

The Latest on Pennsylvania budget talks (all times local): 7:30 p.m. Republicans who control the Pennsylvania Senate are discussing the possibility of a severance tax on Marcellus Shale gas drillers as they seek agreement on a plan to plug a $2 billion hole in the state budget.

Wisconsin Gov. Scott Walker said President Donald Trump plans to make a "major jobs announcement for Wisconsin" on Wednesday amid speculation that electronics giant Foxconn will build a plant in the state.

House Speaker Paul Ryan has been telling colleagues that the White House plan to cut the corporate tax rate to 15 percent from its current rate of 35 percent is not practicable, FOX Business has learned.

Congressional Republicans are ramping up discussions on overhauling the U.S. tax code that a prominent Republican anti-tax advocate said on Wednesday will produce a bill by September that will include a hefty corporate tax cut.

President Donald Trump signaled his next priority: overhauling the tax code to push corporate rates down and give middle-class taxpayers a break.

The IRS says it is seeing a big drop in the number of tax refunds being stolen by identity thieves after the agency teamed up with tax preparers to fight the problem.