Category Archives: Economics

Tax Writers Caution That Raising Revenue Now Could Hurt Tax Overhaul Later

The chief Republican tax writers in Congress are warning that Democratic attempts to raise revenue as part of a deficit reduction package could threaten a comprehensive tax code overhaul.

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Tax Writers Caution That Raising Revenue Now Could Hurt Tax Overhaul Later

Senate votes to repeal tax credits for ethanol

The Senate has voted to repeal tax credits for producing ethanol, a vote that budget cutters hope will demonstrate a growing appetite in Congress to end special interest tax breaks to help reduce government borrowing.

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Senate votes to repeal tax credits for ethanol

UPDATE 1-Fortescue: Australia’s mine tax will hurt us more vs rivals

* Tax would cut Fortescue’s NPV by 5 pct * Prospects of court challenge & new anti-tax campaign SYDNEY, June 13 – Australia’s third-largest ironore …

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UPDATE 1-Fortescue: Australia’s mine tax will hurt us more vs rivals

Sarah Palin Emails Show Discord Over Oil Tax – Kelly Phillips Erb …

This week, the big political news was the release of Sarah Palin's emails. The emails – about 24000 of them – were distributed by state of Alaska in response to Freedom of …

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Sarah Palin Emails Show Discord Over Oil Tax – Kelly Phillips Erb …

Your tax questions answered: Write-offs

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Late last year you caught a break. Congress reached a deal that extended the Bush-era tax cuts for two years and renewed perks like the sales tax deduction and the tuition write-off for non-itemizers.

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Your tax questions answered: Write-offs

Business, tax groups want larger ND income tax cut

Gov. Jack Dalrymple’s proposed $50 million income tax cut is “almost laughable” when compared to the North Dakota Legislature’s proposed spending increases, says a taxpayers’ group spokesman who is pressing for a larger reduction.

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Business, tax groups want larger ND income tax cut

Food tax could trim some people’s calorie intake

People are generally more likely to pass on high-calorie food when there is a tax on it — though it might not matter to everyone, a small study suggests.

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Food tax could trim some people’s calorie intake

Tax Deal Simplifies Estate and Gift Exemptions

The recent tax deal has given families a chance to rethink how they transfer wealth.

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Tax Deal Simplifies Estate and Gift Exemptions

What Will Americans Do With Their Tax Cut?

A major goal of last December?s Tax Relief Unemployment Insurance Reauthorization and Job Creation Act of 2010 was to boost the economy by avoiding scheduled tax increases and, at the same time, adopting a few new tax cuts. Both steps, supporters claimed, would put more money in people?s pockets and boost the still-weak economy

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What Will Americans Do With Their Tax Cut?

Cameron rules out major tax cuts

“Significant” tax cuts will be ruled out while the government is cutting spending to address the deficit, Prime Minister David Cameron has said.

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Cameron rules out major tax cuts