Category Archives: Personal Finance

Anti-Tax Diehard Sways GOP Budget Talks

Grover Norquist has some in GOP worried that even if Obama makes budget concessions, it’s not enough

Original post: 
Anti-Tax Diehard Sways GOP Budget Talks

Grover Norquist's Anti-Tax Pledge Looms Large In Spending Showdown

WASHINGTON — Without a bipartisan agreement this summer to reduce the federal deficit and raise the debt limit, the economy could suffer a horrendous blow, leaders of both parties say. If that happens, some will point …

Excerpt from: 
Grover Norquist's Anti-Tax Pledge Looms Large In Spending Showdown

Ohio Repeals Its Estate Tax; Maine And Oregon Tweak Theirs

In big news for estate-tax foes, Ohio will officially abolish its estate tax when Republican Gov. John Kasich signs the state budget as expected later today

View original post here: 
Ohio Repeals Its Estate Tax; Maine And Oregon Tweak Theirs

Federal Income Tax: Who Doesn't Pay

Conservatives are fond of railing against those who are able to legally avoid paying federal income taxes .

Here is the original:
Federal Income Tax: Who Doesn't Pay

Pelosi: Tax cuts created deficit, not jobs

WASHINGTON, June 27 — Tax cuts Republicans say are needed to put Americans back to work did not create jobs during the Bush administration, House Minority Leader Nancy Pelosi said.

Original post:
Pelosi: Tax cuts created deficit, not jobs

The New York Times' Crackpot Tax Analysis | RedState

The latest dispatch in the New York Times' ongoing editorial series Those Mean and Ignorant Republicans comes from Bruce Bartlett, who served in the Reagan.

Original post:
The New York Times' Crackpot Tax Analysis | RedState

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.

Originally posted here: 
Tax Writers Caution That Raising Revenue Now Could Hurt Tax Overhaul Later

Australia passes $1.9 billion tax break for games industry R&D …

Fortunately, Australian state officials have passed a bill which, when it goes into effect next month, will provide a $1.9 billion tax break for game developers to spend on research and development. …

View original post here:
Australia passes $1.9 billion tax break for games industry R&D …

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.

View original here: 
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 …

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