Corporate taxes

FILE - In this Thursday, Oct. 19, 2017, file photo, buildings and a tour boat are reflected on the mirror behind an Apple logo during a preview event at a new Apple Michigan Avenue store, in downtown Chicago. On Wednesday, Jan. 17, 2018, Apple announced it is planning to build another corporate campus and hire 20,000 workers during the next five years as part of a $350 billion commitment to the U.S. economy. (AP Photo/Kiichiro Sato, File)
January 17, 2018 - 7:58 pm
SAN FRANCISCO (AP) — Apple is planning to build a new corporate campus and hire 20,000 U.S. workers in an expansion driven in part by a tax cut that will enable the iPhone maker to bring an estimated $245 billion back to its home country. The pledge announced Wednesday comes less than a month after...
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January 12, 2018 - 5:29 pm
___ Bank execs sing praises of new tax law as windfall looms NEW YORK (AP) — Two of the nation's biggest banks — JPMorgan Chase and Wells Fargo — are indicating they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business...
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FILE - In this Monday, Oct. 21, 2013, file photo, the JPMorgan Chase & Co. logo is displayed at their headquarters in New York. JPMorgan Chase & Co. reports earnings, Friday, Jan. 12, 2018. (AP Photo/Seth Wenig, File)
January 12, 2018 - 7:45 am
NEW YORK (AP) — JPMorgan Chase & Co. said its fourth-quarter results fell 37 percent from a year ago, as the bank took a significant one-time charge to its results due to the recently passed Trump tax bill. JPMorgan said Friday it earned $4.23 billion in the fourth quarter, or $1.07 a share,...
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FILE - In this Monday, Nov. 6, 2017, file photo, a pair of American Airlines jets are parked on the airport apron at Miami International Airport in Miami. Dozens of companies have announced they are giving their employees bonuses, following the passage of the Republican tax plan that President Donald Trump signed into law in December. American Airlines is handing out $1,000 bonuses to its employees. (AP Photo/Wilfredo Lee, File)
January 10, 2018 - 3:52 pm
WASHINGTON (AP) — American Airlines is handing out $1,000 bonuses to its employees. So are AT&T, Bank of America and Nationwide Insurance. The same for Comcast, JetBlue Airways and US Bancorp. Such announcements , coming from dozens of companies, have followed the passage of the Republican tax...
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An electronic screen at the New York Stock Exchange displays the Dow Jones industrial average above 25,000, Thursday, Jan. 4, 2018. (AP Photo/Mark Lennihan)
January 06, 2018 - 10:10 am
WASHINGTON (AP) — Wall Street sure loves the tax bill, even if polls show most Americans don't. The Dow Jones industrial average surged past 25,000 Thursday, a strong signal of investor enthusiasm for President Donald Trump's $1.5 trillion tax cut. The milestone comes less than a year after the Dow...
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An electronic screen at the New York Stock Exchange displays the Dow Jones industrial average above 25,000, Thursday, Jan. 4, 2018. (AP Photo/Mark Lennihan)
January 05, 2018 - 12:05 am
WASHINGTON (AP) — Wall Street sure loves the tax bill, even if polls show most Americans don't. The Dow Jones industrial average surged past 25,000 Thursday, a strong signal of investor enthusiasm for President Donald Trump's $1.5 trillion tax cut. The milestone comes less than a year after the Dow...
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FILE - In this June 6, 2015, file photo, a customer, bottom, pays for goods while shopping at the Atlanta Farmers Market in Atlanta. U.S. President Donald Trump appears to believe that his tax cuts will start an economic renaissance. The tax cuts were sold as a way to spending on cars, appliances, home projects and splurges out at restaurants. (AP Photo/David Goldman, File)
January 03, 2018 - 1:29 pm
WASHINGTON (AP) — If President Donald Trump and his Republican allies are right, the $1.5 trillion tax cut plan they sped into law last month will make individuals and businesses more prosperous. Paychecks will grow. Stocks will surge further. Consumers will spend more. The economy will accelerate...
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FILE - In this Dec. 13, 2016, file photo, the logo for Goldman Sachs appears above a trading post on the floor of the New York Stock Exchange. Goldman Sachs is expecting a $5 billion hit to profits during the fourth quarter because of the tax overhaul recently signed into law. The New York bank said Friday, Dec. 29, 2017, that two thirds of the $5 billion are due to changes in repatriation taxes, when funds are returned from overseas. (AP Photo/Richard Drew, File)
December 29, 2017 - 10:43 am
NEW YORK (AP) — Goldman Sachs expects to take a $5 billion hit to profits for the fourth quarter and year because of the tax overhaul signed into law last week. As a result, the New York bank will likely report a loss for the last quarter of 2017. But Goldman and other banks will be among the...
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In this Dec. 20, 2017 photo, Justin Dopierala sits in his home office of DOMO Capital Management, LLC in Germantown, Wisc. Anticipating the passage of the Republican tax plan, he said he spent $20,000 on business improvements over the last couple months, including a new website and marketing pitch book for potential clients, included in this photo. Dopierala expects to have a nearly $11,000 reduction in taxes on his $150,000 income. He said he generally votes for Republicans and voted for Trump, partly expecting he would pass a new tax plan. (AP Photo/Carrie Antlfinger)
December 24, 2017 - 5:43 am
WEST DES MOINES, Iowa (AP) — Ask someone like Sam Banks about the tax plan President Donald Trump signed into law Friday, and you hear something other than the effusive joy Republicans in Congress put on display this week. The $1.5 trillion plan cuts taxes broadly while bestowing its richest...
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FILE - In this Dec. 7, 2016 file photo, AT&T Chairman and CEO Randall Stephenson listens on Capitol Hill in Washington, while testifying before a Senate Judiciary subcommittee hearing on the proposed merger between AT&T and Time Warner. After an exchange between AT&T's CEO and a union representing its workers, the company says it took steps to pay workers a $1,000 bonus in response to President Donald Trump's tax cuts. The Communications Workers of America had pushed AT&T last month to guarantee workers would receive the $4,000 raise that White House economists said would be the result of the corporate tax cuts. (AP Photo/Evan Vucci, File)
December 21, 2017 - 5:00 pm
WASHINGTON (AP) — After an exchange between AT&T's CEO and a union representing its workers, the company said it took steps to pay workers a $1,000 bonus in response to President Donald Trump's tax cuts. The announcement by the company Wednesday had raised questions about whether it was...
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