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Wednesday, December 14, 2011

Taxes

News                                                                                                                             
Daily Finance | 30 Major U.S. Companies Spent More on Lobbying than Taxes
Thirty large American corporations spent more money on lobbying than they paid in federal taxes from 2008 to 2010, according to a report from the nonpartisan reform group Public Campaign.
NY Times | House Passes Extension of Cut to Payroll Taxes
The 234-to-193 vote set the stage for negotiations between the House and the Senate that were likely to continue into the weekend.

Blogs                                                                                                                             
American: Enterprise Blog | 5 reasons why Obama wants to double U.S. tax rates
At the end of today’s New York Times story on declining income inequality is a quote from economist Emmanel Saez, co-author of much-cited research on the topic…