Topic: Reuters Group plc
WASHINGTON (Reuters) - The White House rejected on Friday the latest proposal from Republicans in Congress on a payroll tax cut, saying its costs needed to be offset in a balanced away and not with budget cuts exempting the rich."We are open ...
FRANKFURT (Reuters) - Europe's banks must find 114.7 billion euros of extra capital, more than predicted two months ago, to make them strong enough to withstand the euro zone debt crisis and restore investor confidence.Europe's banking watchdog, confirming a Reuters exclusive earlier ...
NEW YORK (Reuters) - New York Mayor Michael Bloomberg vowed on Wednesday not to raise taxes, despite a significant budget gap that must be closed for the upcoming fiscal year.Bloomberg made the pledge a day after New York Governor Andrew Cuomo announced ...
NEW YORK (Reuters) - New York's millionaires will pay higher taxes while 4.4 million middle-class and upper-income New Yorkers will get tax cuts, under a reform plan the governor and legislature unveiled on Tuesday.The new top income tax rate for those who ...
NEW YORK (Reuters) - New York City Mayor Michael Bloomberg on Monday spoke out against Governor Andrew Cuomo's expected recommendation for higher taxes on the wealthy.Bloomberg, a political independent, and Cuomo, a Democrat, had both rejected extending a state income tax surcharge ...
SAN FRANCISCO - (Reuters) - With California once again running short on revenue, Governor Jerry Brown said on Monday he would circumvent the legislature and press a statewide ballot measure to raise the state's sales tax and increase tax rates on the ...
WASHINGTON (Reuters) - President Barack Obama said on Monday the United States needs to extend the payroll tax cut because the U.S. recovery is fragile and the situation in Europe is adding to the uncertainty."Although the unemployment rate went down last month, ...
WASHINGTON (Reuters) - Senate Majority Leader Harry Reid will offer a compromise on Monday to extend a popular payroll tax cut, a fellow Democrat said on Sunday.Appearing on the "Fox News Sunday" program, Senator Kent Conrad said Reid's proposal would cover the ...
WASHINGTON (Reuters) - The Senate on Thursday blocked a Republican plan to extend the payroll tax cut for workers for one year.By a vote of 78-20, the Senate defeated the Republican legislation. Earlier, the Senate killed a Democratic version of the payroll ...
SAN FRANCISCO (Reuters) - The wealthy in California would pay more income tax and shoppers would face a sales tax increase under a measure to be unveiled by Governor Jerry Brown to raise $7 billion for the cash-strapped state.Details of the initiative ...
