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Tuesday, March 26, 2013

Taxes

News                                                                                                                             
Market Watch | 10 U.S. companies paying no taxes
As Washington tries to find its way out of increasing debt, the debate continues over whether American companies should pay more or less in taxes. Meanwhile, some of the largest U.S. public corporations paid no taxes at all for 2012.
Washington Times | U.S. taxpayers shell out $3.7M so former presidents can maintain lifestyles
It’s good to be president. The nation’s four former presidents get an annual pension of about $200,000, a stipend to hire staff at around $96,000, and other taxpayer-funded benefits that foot the bill for everything from travel to postage — for life.

Econ Comments & Analysis                                                                                            
Reason.com | Tax Increases No Different Than Taxing Bank Accounts
Would a tax on Cypriot bank accounts be that different from taxation in America? Not really.