As the Providence Journal reports, the City of Pawtucket in Rhode Island will be using $550,000 in federal “stimulus” money to build a skateboarding park and renovate tennis and basketball courts at a local high school.
When the Children’s Health Insurance Program Reauthorization Act of 2009 goes into effect on April 1, 2009, the tax on tobacco products will increase - on some products more than 2000%. However, The Maricopa County Tobacco Use Prevention Progra
Switzerland, Austria and Luxembourg offered to relax strict bank secrecy in a response to a global crackdown on tax havens that is rattling the offshore banking industry.
They made the concessions ahead of a G20 meeting of finance ministers
The misguided policy response from Washington has focused almost exclusively on squandering public money and burdening our children with indebtedness in order to defend the bondholders of mismanaged financial institutions (blame Paulson and Geithner
Despite opposition from the White House, a proposal to tax motorists on the number of miles they drive each year is gathering speed on Capitol Hill. Its popularity is increasing as Congress searches for alternatives to the federal gasoline tax, which
If the American people will not take a stand against the unconstitutional theft of their money and the economic servitude that will result for them and their children because Congress refuses to comply with the Constitution, then they are prepared to
[worth a read just to see how screwed it is] Every project must navigate a labyrinth of regulations or risk being challenged by federal overseers. And if Mr. Paterson moves too slowly, New York could lose hundreds of millions of dollars.
Republicans said the president's plan to charge fees to industries that spew greenhouse gases amounts to a stealthy tax increase for all Americans that will far exceed the new $400 annual tax cut for workers that he wants to extend beyond 2010.
Offshore financial centers which have thrived under a veil of bank secrecy will have to embrace transparency to survive a global crackdown on tax cheats that is menacing the private banking sector in Switzerland and beyond. A US tax fraud probe into
"If government fails to find a new way to raise money, we will suffer grim consequences in the future: unimaginable levels of congestion, reduced safety, costlier goods and services, an eroded quality of life, and diminished economic competitive
UBS was sued on Tuesday in a Swiss federal court by wealthy American clients seeking to prevent the disclosure of their identities as part of a tax-evasion investigation by the United States Justice Department.
I imagine it's hard to write an article about this without a lot of clever, gaseous puns. But the trial balloons are up, and in the name of Global Warming you shall be taxed (please put jokes/puns in comment section!)
Americans have made it clear that they want a certain kind of government, one that can field a strong military and also maintain popular programs like Medicare. Yet we are not paying nearly enough taxes to maintain those programs.
The settlement was backed by the Swiss government, but experts said it opened cracks in Switzerland's treasured bank secrecy laws, and UBS is still facing a civil case in which U.S. authorities are seeking access to the names of another 52,000 cl
President Obama will unveil an ambitious first budget that seeks to cut the federal deficit in half over the next 4 years, primarily by raising taxes on businesses and the wealthy and by slashing spending on the wars in Iraq and Afghanistan
President Barack Obama on Friday rejected his transportation secretary's suggestion that the administration consider taxing motorists based on how many miles they drive instead of how much gasoline they buy.
In the hush-hush world of Swiss banking, the unthinkable is happening: secrets are spilling into the open. UBS, the largest bank in Switzerland, agreed on Wednesday to divulge the names of well-heeled Americans whom the authorities suspect of using o
The bottom line is this: there is no constitutional duty placed on the American people to pay federal income taxes or a 23 % national sales tax to fund programs not authorized by the Constitution. Period end of story!
In its bid to be more lenient this year, the IRS is giving its employees more flexibility in helping taxpayers in financial straits. Employees will have greater authority to temporarily suspend collection in certain hardship cases, especially when th
Swiss bank Credit Suisse is taking steps to change its relationship with US clients in view of new, stricter rules on the taxation of US residents' assets abroad. Credit Suisse is asking US clients to sign form W9 to reveal them to US authorities
With taxation high in the US to support the largest military budget in the world, that Martin van Creveld demonstrated in 1990 to be obsolete, Islamic nations could draw off the most productive citizens simply by maintaining their opposition to incom
President Barack Obama on Wednesday signed a bill extending health coverage to 4 million uninsured children, a move he called a first step toward fulfilling a campaign pledge to provide insurance for all Americans.
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