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Monday, June 25, 2012

Taxes

News                                                                                                                             
WSJ | Some EU Nations to Press Ahead on Transaction Tax
At least nine European Union countries—including France, Germany and Spain—signaled Friday they want to introduce a tax on financial transactions such as trades of shares and bonds, after they failed to get the rest of the bloc to support such a levy.
Daily Finance | These Little-Noticed Tax Hikes Are Raiding Your Wallet
In a tough economy, the last thing many people can afford is for the government to take more of their money. Yet at least in some places, recent tax increases have already taken a big bite out of taxpayers' wallets, and the worst may be yet to come.
National Journal | Bloomberg: All Bush-Era Tax Cuts Should Expire
New York City Mayor Michael Bloomberg on Sunday criticized the push to end Bush-era tax cuts on the wealthy, saying that the effort – led mainly by Democrats – does little to actually affect the deficit and amounts to pandering to populist sentiment.