News
CNN: Money | Bringing the bucks back home
In their latest bid to repatriate corporate profits -- tax holiday! -- lawmakers are imposing few restrictions on how the proceeds can be used.
NYT | Going back on the Deal
Last year, Republicans refused to renew unemployment benefits unless the high-end Bush-era tax cuts were preserved. After the White House agreed to keep the tax cuts through 2012, they agreed to extend federal jobless benefits through 2011. Now, they want to renege.
Econ Comments
WSJ | California's Tax Revolt—In Favor of Higher Rates
Education spending and student-teacher ratio are about where they were in 2004. The real problem is that tax dollars are being diverted for teacher benefits.
WSJ | The Coming Postal Bailout
Congress wants taxpayers to save mail worker pensions.
Fox Business | Taxpayers on the Hook for BP's Gulf Spill
BP booked $11.8 billion in tax savings in its fourth quarter as it partly wrote off the costs for the clean-up the $20 billion victim compensation fund and legal expenses.
