With closet cleaned at General Assembly, issues still remain

RALEIGH, N.C. (AP) -- If bills were clothing, then North Carolina lawmakers just finished setting out the few items they can see themselves wearing and sending the rest the attic. The Republican-controlled General Assembly just pushed past its biennial "crossover" deadline, as more than 200 bills cleared either the House or the Senate during the week. With exceptions, policy measures without specific taxes or spending that didn't pass one chamber are probably dead through 2018.

Trump's first 100 days: A president's very public education

WASHINGTON (AP) -- Health care is complicated. China can be a useful ally. NATO isn't obsolete. Being president is hard. Over the course of his 100 days in office, President Donald Trump has been startlingly candid about his public education in the ways of Washington and the world.

GM is motoring, profit spikes 34 pct on US truck, SUV sales

DETROIT (AP) -- Rising sales of high-profit trucks and SUVs in the U.S. helped push General Motors to a first-quarter profit record as the company put up $2.6 billion in net income. The company's sales in its most lucrative market were up even though the overall industry was down from January through March. That drove a 34 percent profit increase to $1.70 per share, which shattered Wall Street estimates. Analysts polled by FactSet expected $1.

AP FACT CHECK: Claims about Trump's tax plan don't hold up

WASHINGTON (AP) -- Getting to the bottom of President Donald Trump's tax plan is difficult because it exists so far as bullet points on a single page, with no detail. Still, there are reasons to be wary about some of the claims coming out of the White House about it. CLAIM: TAX CUT IS BIGGEST EVER Treasury Secretary Steve Mnuchin, in remarks Wednesday, channeled Trump's penchant for exaggeration.

White House wants to push tax overhaul without Democrats

WASHINGTON (AP) -- A senior administration official said Thursday the White House plans to push its tax overhaul without any support from congressional Democrats. It's a sign of the intense partisanship over President Donald Trump's outlines for cutting tax rates in hopes of stimulating faster economic growth, increasing business activity and helping the middle class. The proposal unveiled Wednesday would also repeal several taxes that target the wealthy but eliminate many deductions they use.

Trump tax plan stands to benefit the man in the White House

WASHINGTON (AP) -- Among the likely winners in President Donald Trump's tax-cut plan would be a real estate developer turned reality TV star who now happens to occupy the White House. The one-page proposal released Wednesday seems sure to benefit the president's businesses.

Retailers and insurers get taxed more, tech less

NEW YORK (AP) -- To understand taxes, you have to think about geography. Don't worry, this will make sense eventually. The U.S. has high corporate taxes compared with other developed countries. That means companies that make most of their money inside the U.S. pay more in taxes than companies that do a lot of business overseas.

500 people get duplicate tax refund checks, can keep only 1

PROVIDENCE, R.I. (AP) -- Five hundred Rhode Island residents have received duplicate tax refund checks totaling $364,000. A state official says human error is to blame. The checks were sent in a group of refunds mailed Friday. The checks people received are identical, but only one of the two checks can be cashed. The Rhode Island Department of Administration and the Department of Revenue say they expect no financial impact.

Trump tax plan: Relief for his voters but lots of unknowns

WASHINGTON (AP) -- President Donald Trump's plan to overhaul the nation's tax code could provide significant tax cuts for the working-class voters who elected him, but the unknowns could end up hurting many of these core supporters of the president. A look at how Trump's tax plan could affect families at different income levels: ___ THE WORKING CLASS These are the people who have been left behind by an increasingly globalized economy.

AP FACT CHECK: Be wary of White House claims about tax plan

WASHINGTON (AP) -- Getting to the bottom of President Donald Trump's tax plan is difficult because it exists so far as bullet points on a single page, with no detail. Still, there are reasons to be wary about some of the claims coming out of the White House about it. CLAIM: TAX CUT IS BIGGEST EVER Treasury Secretary Steve Mnuchin, in remarks Wednesday, channeled Trump's penchant for exaggeration.

Oklahoma struggles to pay for schools after slashing taxes

OKLAHOMA CITY (AP) -- Four years ago, Oklahoma's oil patch was booming, unemployment was falling and state lawmakers were debating what to do with $200 million in surplus revenue. Republicans who control state government successfully pushed to reduce the state's top income tax rate, slash the oil and gas production tax rate from 7 percent to 2 percent and give more tax incentives to industry. But the boom ended and the money dried up.

Tom Hanks going on 'NFL moratorium' over Raiders move

SAN FRANCISCO (AP) -- Tom Hanks says he's going on an "NFL moratorium" for two years after his hometown Oakland Raiders leave for Las Vegas, but he didn't explain what that entails. The NFL approved the Raiders' plan to move last month. A $1.9 billion stadium is slated to be built for the team with the help of $750 million in public money.

Why Trump tax cut may not deliver the boost White House says

WASHINGTON (AP) -- President Donald Trump's team boasted Wednesday that its tax-cut plan would lighten Americans' financial burdens, ignite economic growth and vastly simplify tax filing. Yet the proposal so far remains short of vital details, including how it would be paid for.

Door seems closed completely to Trump tax returns release

WASHINGTON (AP) -- President Donald Trump "has no intention" of releasing his tax returns to the public, says Treasury Secretary Steve Mnuchin, asserting Americans have "plenty of information" about the president's financial matters. For decades, presidents have released their tax returns. But Trump has so far refused, saying that he would share the tax documents only after the Internal Revenue Service completes an "audit" of them.

New Mexico city seeks sugary drink tax

SANTA FE, N.M. (AP) -- It's being pitched as an educational lifeline for impoverished preschool-aged children and condemned as the latest example of local government overreach sweeping progressive cities from coast to coast. Voters in New Mexico's capital city have until Tuesday to decide whether to levy a new tax on sugary drinks that would raise the cost of a can of soda by nearly 25 cents.

Markets subdued in the wake of Trump's tax plans

LONDON (AP) -- Global stocks were subdued Thursday as investors assessed the scant details of President Donald Trump's U.S. tax overhaul. The Bank of Japan and European Central Bank kept their policies on hold as expected, though the euro took a modest hit when ECB President Mario Draghi said he wasn't confident that inflation across the 19-country eurozone was heading toward target. KEEPING SCORE: European shares fell with France's CAC 40 down 0.