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Thursday, December 15, 2011

Taxes

News                                                                                                                             
CNN Money | Millionaire surtax: The go-to tax
Democrats have pushed for weeks to impose a millionaire surtax to help pay for the cost of extending the payroll tax cut. Republicans have said it would be a job-killer.

Blogs                                                                                                                             
USA Today: Drive On | Chinese impose duties on new cars imported from USA
General Motors, Chrysler, Mercedes-Benz, BMW and Honda have all gotten some bad news from China. It's going to impose duties ranging from 2% to 21.5% on vehicles imported from the U.S.
Heritage Foundation | Morning Bell: It’s Time to Kiss the Tax Code Goodbye
America’s tax code needs reform, plain and simple. The current tax system discourages saving, investment, and entrepreneurship. It’s a drag on productivity, job growth, international competitiveness, and wages. It’s complicated beyond belief, and it needs to change.