Archive for November, 2009
Michigan has most generous senior tax breaks in U.S.
Every time a Michigan resident begins collecting a pension or turns 65, the nation’s most generous tax breaks for seniors kick in. Yet political pressure makes it unlikely senior tax breaks will be touched to help bottom lines — even as states steadily lose more to the tax breaks as the number of older taxpayers grows.
Nelson, Specter must wrestle with anti-tax pledge in health debate …
The Senate healthcare bill presents a tricky political challenge to the only two Senate Dems to have signed anti- tax pledges. Sens.
Sarkozy, Lula to Seek International Financial Transactions Tax
Nov.
Council tax fines amnesty to end
People who falsely claim council tax benefits are being given a “last chance” to own up by a Suffolk council.
Carl Levin: New War Tax For Rich May Be Needed To Fund Afghan War
Higher-income Americans should be taxed to pay for more troops sent to Afghanistan and NATO should provide half of the new soldiers, said Carl Levin, chairman of the Senate Armed Services Committee. An “additional income tax to the …
French leagues ask Sarkozy to keep tax breaks
The leaders of French clubs and sports leagues have written a joint letter to president Nicolas Sarkozy asking him to keep a measure that gives tax breaks on player salaries. The French government plans to abolish a law adopted in 2004 that cuts 30 percent off the social charges clubs have to pay on player salaries.
Gretchen Morgenson: Lobbyists Win Again In Securing Tax Break For …
The New York Times’s Gretchen Morgenson points out that lobbyists have won another victory that will lead to billions in taxpayer dollars being handed over to firms that helped spur the economic crisis.
Dutch drivers to pay tax on road time, not on car
Dutch drivers will pay less to buy a car but will be charged tax for every mike on the road, a system the government says will reduce traffic jams, fatal accidents and carbon emissions.
More home buyers, not just first-timers, can get tax credit
New law gives first-time home buyers more time to get the $8,000 tax credit. And now many people who already own homes can qualify, too.
Tax Justice Network: Keep tax havens or eliminate child poverty?
“The sum total of Labour’s tax regime has been little change in tax distribution.
