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Thursday, April 28, 2011

Taxes

News                                                                                                                             
NYT | Most States Seen Raising Jobless Tax on Businesses
As persistently high unemployment has drained the funds that are used to pay jobless benefits, more than two-thirds of the states expect to raise taxes on businesses this year to replenish them, according to a survey of labor agencies released Wednesday.

Blogs                                                                                                                             
Cato@Liberty | White House to Propose 26 Percent Corporate Tax Rate?!? Look before You Leap
The Obama administration is preparing to inject an unpredictable new variable into its economic policy clash with Republicans: a plan to overhaul corporate taxes. Economic advisers have nearly completed the process initiated in January by the Treasury secretary, Timothy F. Geithner, at President Obama’s behest.