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Tuesday, May 29, 2012

Taxes

News                                                                                                                             
National Journal | Cantor Presses for Bush Tax-Cut Deal Soon
With the George W. Bush-era tax cuts set to expire at the end of the year, House Republicans are planning on taking the matter into their own hands. Instead of waiting until the lame-duck session, House Majority Leader Eric Cantor says they need to take the matter head on.
CNN Money | Payroll tax cut in its last lap?
The payroll tax cut you've enjoyed since last year may be going away in January.
National Journal | Gas Taxes Remain Steady in the Face of Falling Prices
With gas prices leveling out in some parts of the country and falling in many others, drivers out on the road this Memorial Day weekend will no doubt rejoice. But while what the drivers will be spending overall might be less compared with recent days and weeks, what they will be paying in state and federal excise gas taxes will remain the same.

Econ Comments & Analysis                                                                                            
WSJ | What's Right With Kansas
France's new President wants to impose a 75% tax rate, and Washington is headed for a huge tax cliff in January, but some enlightenment reigns in the American heartland.