Mayor Rahm Emanuel and aldermen offered a property tax rebate program last year to try to ease the financial pain of their record tax increase, but it failed to gain traction, leaving the mayor with millions to spend on other programs of his choosing. On Wednesday, Emanuel announced his latest...
A top Republican in Congress on Wednesday defended his border-adjustable tax provision against criticism from President-elect Donald Trump, warning that U.S. jobs and companies will continue to move abroad unless the controversial measure is included in tax reform.
Senate Minority Leader Chuck Schumer said Wednesday that a report that Rep. Mick Mulvaney did not pay more than $15,000 in payroll taxes for a household employee was "disqualifying" for him to serve as White House budget director.
Chinese buyers have cancelled up to seven cargoes of ethanol due to arrive by the end of March, sources said, the first sign that a likely hike in import duties is threatening to stall demand from the world's fastest-growing market.