News
CNN Money | The health care tax credit few are taking
The health care tax credit is supposed to help small companies, but it's so confusing that many owners are forgoing the extra cash.
Politico | Democrats file bill to repeal oil tax incentives
Sen. Robert Menendez (D-N.J.) introduced a bill Monday eliminating incentives for the big companies and using revenue to help renewable energy sources — a senior Senate GOP aide told POLITICO. A Menendez spokeswoman confirmed he is the lead sponsor, but said more details would not be available until Tuesday.
Politico | Apple cash staying overseas because of taxes, company says
Apple is planning to spend an estimated $45 billion of its cash reserves in the next three years, as part of a program the company announced Monday that includes the first dividend for shareholders since 1995.
CNN Money | Just the facts about taxes
Many people pay no federal income taxes. But the vast majority do owe payroll taxes for Social Security and Medicare, which in turn are two of the biggest items in the federal budget.
Blogs
The American | Boehner’s $800 billion ‘tax hike’ was anything but
Back in July, House Speaker John Boehner thought he had reached a big budget deal with President Obama: $1.2 trillion in agency cuts, smaller cost-of-living increases for Social Security recipients, $250 billion in Medicare savings partly achieved by raising the eligibility age. Oh, and $800 billion in new taxes.
