Other - Taxes

Tax Soda, Pizza To Cut Obesity, Researchers Say

US researchers estimate that an 18 percent tax on pizza and soda can push down US adults’ calorie intake enough to lower their average weight by 5 pounds per year. The researchers, writing in the journal Archives of Internal …


Check rules, bills to find medical expense tax deduction

It’s more important than ever to take advantage of tax breaks that could lower your health care costs.


Do Tax Credits for Angel Investors Boost Innovation? – ReadWriteStart

While it is relatively cheap to get a web startup off the ground these days, other industries aren’t as lucky.


Tax Question Arises Over Sale of an A.I.G. Unit

American International Group ’s efforts to sell one of its biggest life insurance companies to pay back its rescue loans are snagged on a tax issue that may require a special ruling by the Internal Revenue Service , The New York Times’s Mary Williams Walsh and Michael J. de la Merced reported , citing people briefed on the matter.


Japan finmin tests waters for sales tax debate

Japanese Finance Minister Naoto Kan said he was open to debating sales tax reform, suggesting the government may consider raising the tax to help fund its spending programs focused on supporting households.


Dave Johnson: Tax Cuts HURT Small And Medium Businesses

This post originally appeared at Campaign for America’s Future. I am a Fellow with CAF.


Open to idea of payroll tax break for jobs: White House

The Obama administration is open to a bipartisan congressional proposal for a payroll tax holiday for employers who hire people who have been out of work for some time, a top White House aide said.


UBS Tax Ruling May Prompt Fresh U.S. Legal Battle

A Swiss court ruling that impedes the Internal Revenue Service’s ability to collect data on 4,450 UBS AG accounts may prompt the U.S. to revive a lawsuit that shaped the IRS crackdown on offshore tax evasion.


Obama pitches bank tax to recover bailout costs

President Barack Obama on Saturday pitched his proposed tax on banks to recover the cost of bailing them out during the financial crisis, saying if they can afford billions more in bonuses, they can pay back the taxpayers, too.


Labor angry over Obama-backed insurance tax

Labor leaders are pushing hard on President Barack Obama and Senate Democrats to drop a proposed new tax on high-value health insurance plans, warning of political consequences.