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Tuesday, January 24, 2012

Taxes

News                                                                                                                             
National Journal | Congress Back to Work on Payroll-Tax Holiday
The 20 lawmakers assigned to negotiate a long-term extension of the payroll-tax holiday will launch another battle against a ticking clock on Tuesday, after early optimism that they could reach a deal quickly began to erode as soon as Congress returned to Capitol Hill on Monday.

Blogs                                                                                                                             
WSJ | OECD Urges Tax Changes to Boost Growth, Reduce Inequality
Governments should eliminate tax relief on mortgage interest payments and pension contributions, and tax capital gains from the sale of residential property in order to boost growth and reduce inequality, the Organization for Economic Cooperation and Development said Monday.