News
WSJ | Crisis-Era Tax Benefit for Bailed-Out Firms Draws Fire
Former members of a congressional panel that oversaw federal bailout spending decried on Monday a years-old Treasury Department determination that allows American International Group Inc. and other companies to avoid paying billions in taxes
Bloomberg | Anti-Obesity Soda Tax Fails as Lobbyists Spend Millions: Retail
Last month, Hawaii lawmakers killed a proposed tax that would have added 17 cents to a single-serve bottle of soda. It was the second failed attempt, even though Governor Neil Abercrombie had pushed the proposed levy.
WSJ | Putting Out Fires for a Fee
When fires or medical emergencies beset this rural county in the Appalachian foothills, the volunteer fire department races to the scene—seemingly free of charge.
USA Today | Property tax collections to start downward trend
More than five years after real estate prices began to tumble, Americans are finally starting to get property tax breaks on their devalued homes, a USA TODAY analysis finds.
Blogs
The American | Will a tax tsunami sink the economy in 2013?
I see no reason why investors should be optimistic. As we recently found out, President Obama is fairly comfortable with the idea of letting all the Bush tax cuts expire. That would not be a good idea. A few years back, Goldman Sachs ran a study looking at what would happen if all the 2001 and 2003 tax cuts were repealed at the end of 2010.
