Business / Tags / Tax

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Interesting
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Obama vs. McCain: Taxing and Spending

BUSINESS / NEWS Thu Jun 12, 2008 @ 8:12am neoform
BusinessWeek -- The candidates' opening salvos reveal widely different views. Obama calls current policy "the most fiscally irresponsible in our history" They've parried over gas taxes (BusinessWeek.com, 4/15/08) and fixes for the housing crisis. Now, as the general e.. Read More
+7
Interesting
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Answer Desk: Gas tax 'holiday' a bad idea

BUSINESS / NEWS Mon May 5, 2008 @ 8:17am neoform
MSNBC -- With two of the three presidential candidates proposing a gasoline tax “holiday,” some readers are wondering: Why can’t the government do more to cut gas prices? If the feds can help with cutting interest rates why can't they do something that re.. Read More
+7
Interesting
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McCain's Health-Care Proposal

BUSINESS / NEWS Wed Apr 30, 2008 @ 8:21am neoform
BusinessWeek -- The idea: More competition among insurers, spurred by a tax credit that helps consumers buy their own insurance, would lead to universal coverage Senator John McCain (R-Ariz.), the likely Republican Presidential nominee, stayed true to GOP principles A.. Read More
+6
Interesting
90% Credible

IRS may restrict tax-refund loans

BUSINESS / NEWS Fri Jan 4, 2008 @ 8:52am neoform
MSNBC -- The U.S. Internal Revenue Service said on Thursday it may restrict tax preparers such as H&R Block Inc and Jackson Hewitt Tax Service Inc from offering refund loans to customers because doing so could encourage fraud. The agency's proposal sent shares.. Read More
+7
Interesting
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Wall Street's Lucrative Tax Break Is Under Fire

BUSINESS / NEWS Fri Aug 3, 2007 @ 8:21am neoform
Washington Post -- The most controversial tax break on Wall Street, known simply as the Carry, is not authorized by any law and was never approved by Congress. Instead, it grew quietly over several decades, hinted at but never directly addressed in obscure court cases an.. Read More
+12
Shocking
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Big oil companies spared tax hikes

BUSINESS / NEWS Fri Jun 22, 2007 @ 12:35am neoform
Yahoo News -- Senate Republicans on Thursday blocked a $32 billion package of tax breaks for renewable energy that would have been financed mostly by new taxes on major oil companies. Democrats came three votes short of overcoming a threatened GOP filibuster that wa.. Read More
+7
Interesting
90% Credible

Chinese Shares Plunge After Government Raises Trading Tax

BUSINESS / NEWS Wed May 30, 2007 @ 8:30am neoform
FOX News -- Chinese stocks plunged Wednesday after the government raised a tax on share trades, trying to cool a market boom amid growing concerns about a possible bubble. The main Shanghai Composite Index tumbled 6.5 percent at 4,071.27 after hitting a record hig.. Read More
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Under Rated

Attention, Online Shoppers: Taxes Ahead

BUSINESS / NEWS Thu Jun 5, 2008 @ 8:13am neoform
BusinessWeek -- New York has e-tailers like Amazon collecting sales tax. Other revenue-strapped states may follow Jennifer Kahn usually began and ended her online shopping at one site: Amazon.con (AMZN). "I didn't think about it too much," says the Manhattan executive.. Read More
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Under Rated

Builders: Give Home Buyers a Tax Credit

BUSINESS / NEWS Thu Jun 5, 2008 @ 8:12am neoform
BusinessWeek -- With home buyers sitting tight, builders are hurting and crying for congressional help. But some say a tax credit may only prolong the agony Robert Toll took time out from explaining his company's dismal earnings report on June 3 to pitch a proposal. T.. Read More
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Under Rated

The New Global Hunt for Tax Cheats

BUSINESS / NEWS Mon May 26, 2008 @ 8:13am neoform
BusinessWeek -- By forming multinational investigative teams, the IRS and other tax collectors are cracking down on evaders and giving new meaning to globalization Government authorities from Australia to the U.S. are hunting big game together. Their prey? Wealthy tax.. Read More
+1
Under Rated

Exxon: Profit Pirate or Tax Victim?

BUSINESS / NEWS Fri May 2, 2008 @ 8:13am neoform
BusinessWeek -- The oil giant paid $9.3 billion, or 49% of its first-quarter gross income, in income taxes. Is that enough? Depends on who you talk to With gas prices averaging $3.63 a gallon, consumers understandably aren't cheering Exxon Mobil's latest profit report.. Read More
+1
Under Rated

A Taxing History

BUSINESS / NEWS Tue Apr 15, 2008 @ 8:14am neoform
BusinessWeek -- No better time than tax day for Ancestry.com to announce it's including access to federal income tax records—dated 1862-1918—for subscribers The year is 1865. Andrew Carnegie steps out of his carriage sporting a gold watch. At home in Carnegie's Pe.. Read More
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Under Rated

163 Germans admit wrongdoing in tax-fraud scandal

BUSINESS / NEWS Tue Feb 26, 2008 @ 8:11am neoform
CNN -- A wide-ranging investigation of tax evasion by Germans stashing their money abroad has led to the recovery of about $41.2 million and has netted 163 people, a prosecutor said Tuesday. Speaking briefly to reporters in Bochum, Hans-Ulrich Krueck said that s.. Read More
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Under Rated

Answer Desk: Tax rebate riddles

BUSINESS / NEWS Tue Feb 19, 2008 @ 8:22am neoform
MSNBC -- As readers sit down to the annual brain-teaser of filing their income tax returns, this year offers a new enigma. Will I get one of these tax rebates from the government? Last week's column on the subject touched off a flood of fresh questions. Regardi.. Read More
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Under Rated

How much will I get from the stimulus plan?

BUSINESS / NEWS Mon Jan 28, 2008 @ 8:21am neoform
MSNBC -- Now that the dust has finally settled on the announcement that the government wants to spray tax rebates at consumers to get the economy humming again, the mailbox this week was full of variations on the same question: How much will I get? Like anything i.. Read More
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Under Rated

Paulson, House leaders meet on stimulus plan

BUSINESS / NEWS Thu Jan 24, 2008 @ 8:17am neoform
MSNBC -- Pushing deficit concerns aside, Democratic and Republican leaders moved closer to agreement with the White House Wednesday night on emergency tax cuts and benefit increases to jolt the economy out of its slump, including opening new financing windows for.. Read More
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Under Rated

Stimulus could benefit homebuilders, banks

BUSINESS / NEWS Thu Jan 24, 2008 @ 8:17am neoform
MSNBC -- U.S. homebuilders, lenders and other struggling companies could receive hefty one-time tax refunds this year and next under a provision of the economic stimulus plan percolating in Washington. President Bush and lawmakers from both parties aim to quick.. Read More
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Under Rated

Wal-Mart Courts State Politicos

BUSINESS / NEWS Fri Oct 26, 2007 @ 8:21am neoform
BusinessWeek -- A new report shows that Wal-Mart has jacked up political contributions in states where it wants to reduce its tax bill Wal-Mart Stores (WMT) has been sharply increasing political contributions in states where it is trying to cut its corporate tax bill... Read More
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Under Rated

The 'Mother of All Tax Bills'

BUSINESS / NEWS Fri Oct 26, 2007 @ 8:21am neoform
BusinessWeek -- Democrat Charles Rangel proposes elimination of the alternative minimum tax and an overhaul of corporate taxes, pitting businesses against one another It's being called the "Mother of All Tax Bills" on Capitol Hill, and it might just set off the mother.. Read More
+1
Under Rated

Private equity tax hike loses steam in Senate

BUSINESS / NEWS Wed Oct 10, 2007 @ 8:20am neoform
Los Angeles Times -- A populist push to hike taxes on private equity firm partners is apparently petering out in the Senate, following a fierce lobbying effort by those who faced whopping tax increases under the legislation. Influential House members remain interested in t.. Read More
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