Tag Archives: Federal

Amazon pays zero federal taxes for second year in succession despite doubling profits, says new report

Amazon pays zero federal taxes for second year in succession despite doubling profits, says new reportAmazon has paid zero federal taxes for the second year in succession, despite a doubling of its profits, according to a new report. Although the tech giant founded by Jeff Bezos saw its profits grow from $ 5.6bn (£4.3bn) in 2017 to $ 11.2bn (£8.7bn) in 2018, it will actually receive a tax rebate of $ 129m (£100m). “The company’s newest corporate filing reveals that, far from paying the statutory 21 per cent income tax rate on its US income in 2018, Amazon reported a federal income tax rebate of $ 129m,” said the report by the Institute on Taxation and Economic Policy (ITEP), which describes itself as a “non-partisan, non-profit think tank”, based in Washington DC.



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Federal jury finds drug lord Joaquín 'El Chapo' Guzmán guilty of all counts

Federal jury finds drug lord Joaquín 'El Chapo' Guzmán guilty of all countsA federal jury in Brooklyn slammed the door on a final escape bid by Mexican drug lord Joaquín "El Chapo" Guzmán.



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Federal prosecutors subpoena Trump's inaugural committee

Federal prosecutors subpoena Trump's inaugural committeeNEW YORK (AP) — Federal prosecutors in New York issued a subpoena Monday seeking documents from Donald Trump's inaugural committee, furthering a federal inquiry into a fund that has faced mounting scrutiny into how it raised and spent its money.



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House OKs 2.6 percent pay raise for civilian federal workers

House OKs 2.6 percent pay raise for civilian federal workersWASHINGTON (AP) — The Democratic-controlled House on Wednesday approved a pay raise for civilian federal employees, a step that lawmakers said shows respect for a workforce that just endured a 35-day partial government shutdown.



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Shutdown stories: Federal workers fear another closure as border talks continue

Shutdown stories: Federal workers fear another closure as border talks continue“I was pretty ecstatic, actually. At 35 days, the shutdown was the longest in the nation’s history. “I’m not even sure what is to come,” said Garcia. The shutdown affected approximately 800,000 federal workers, some put on furlough and others required to report to their jobs without being paid.



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'Alleluia! … Time to go back to work': Federal employees return Monday, will get back pay

'Alleluia! ... Time to go back to work': Federal employees return Monday, will get back payAbout 800,000 federal employees who went without paychecks during the government shutdown should almost all get their back pay by week's end.



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The Latest: Stone, shackled, arrives at federal courthouse

The Latest: Stone, shackled, arrives at federal courthouseWASHINGTON (AP) — The Latest on ex-Trump campaign adviser Roger Stone's arrest in the special counsel's Russia probe (all times local):



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Shutdown stories: Federal workers say no relief in sight

Shutdown stories: Federal workers say no relief in sight“I don’t see an end in sight to this right now, and I don’t think there will be unless something major happens like a strike among the essential employees who are working without pay.”



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Government shutdown: US federal workers turn to pawn shops for cash as stalemate goes on

Government shutdown: US federal workers turn to pawn shops for cash as stalemate goes onUS federal workers who are not getting paid during the longest government shutdown in the country’s history are increasingly turning to pawnbrokers for short-term loans, according to shop owners. The turnout is small – a few people per day – pawnbrokers said, but many expect the numbers to increase amid the stalemate. About 800,000 federal workers have missed a paycheck during the nearly month-long shutdown.



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PayPal offers up to $500 credit for U.S. federal employees affected by shutdown

PayPal offers up to $  500 credit for U.S. federal employees affected by shutdownEmployees who use PayPal Credit will be able to avail an advance of up to $ 500 each, without having to pay any interest, and the program will last until the government reopens and employees receive their first paycheck, the company said on its website bit.ly/2Cs7xAY. The partial shutdown, which hit the four-week mark on Friday, is the longest in U.S. history. The shutdown means 800,000 federal workers nationwide would continue to go unpaid and some government functions would remain impaired.



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