How Higher Taxes for a Few Lightens Load for All: Phil Keisling
BusinessWeekOctober 31, 2011
Only Congress can act to prevent this huge tax increase. Fortunately, there is a readily available solution that Congress -- or better yet, its bipartisan supercommittee -- can and should make law within the next 75 days. To finance even a one-year ...more »
Athens Bancshares Corporation Reports Third Quarter 2011 Results
MarketWatch (press release)October 31, 2011
Except as may be required by applicable law or regulation, the Company assumes no obligation to update any forward-looking statements. ATHENS BANCSHARES CORPORATION AND SUBSIDIARY CONSOLIDATED FINANCIAL HIGHLIGHTS (Unaudited - Dollars in thousands, ...more »
CBI sets runner after Jagan for summons
Deccan ChronicleOctober 31, 2011
They maintained that they required copies of the documents to complete pending Income-Tax assessments of Mr Jagan Mohan Reddy and the companies owned by him and Emaar Hills Township Private Limited by December 31 as mandated by the law. ...more »
IT crackdown on undisclosed Swiss account holders
Times of IndiaOctober 31, 2011
NEW DELHI: In a first of its kind crackdown against those stashing unaccounted wealth overseas, the income tax department has launched an offensive against politicians and industrials who had parked money in HSBC Bank, Geneva. Under pressure to act...more »
Paul, Cain and Romney: Loving the flat tax in the GOP
Washington TimesOctober 31, 2011
The costs to our economy of the tax code (inefficiencies, accounting and legal fees, legal tax avoidance and illegal tax evasion) are undoubtedly huge; estimates run from $300-500 billion annually. The flat-tax idea has much to commend it. ...more »
Investors ask for clearer policy on RE
BusinessWorld Online EditionOctober 31, 2011
The DTI said the income tax holiday for renewable energy should be removed once the feed-in tariff is in place. “As investors, we are confused at the constant changes and interpretations of the renewable energy law. Income tax holiday is in the ...more »
Republicans Must Fight the Lies About Tax Rate Cuts
Big GovernmentOctober 31, 2011
In truth, according to the IRS, federal tax revenues rose dramatically after the overall Reagan tax cuts/reforms (98%) and the Bush tax cuts (a record $700+ billion). This is just as they did after the Harding/Coolidge cuts (61% revenue increase) and ...more »
TASER International Reports Third Quarter Results
MarketWatch (press release)October 31, 2011
New Jersey, the last previously remaining state that prohibited law enforcement from using ECDs has approved the TASER(R) X26(TM) ECD and the X2 ECD for use by law enforcement officers in New Jersey. These models are the only ECDs to meet the criteria ...more »
Biz Beat: GOP wants to end Homestead credit for low-income renters
Capital Times (blog)October 31, 2011
There is no age restriction on the Homestead program, which provides on average about $500 in savings for low-income tax filers. Current law does deny the Homestead Credit to nursing home residents getting medical assistance or those receiving $400 or ...more »
Seminar highlights updates in Saudi tax and Zakat laws
Arab NewsOctober 31, 2011
The seminar laid emphasis on the recent updates related to corporate income tax, Zakat and withholding tax in accordance with the new tax law and its by-laws, as well as clarifications issued by the Department of Zakat and Income Tax (DZIT) applicable ...more »
Election laws tightening in GOP-run states
Los Angeles TimesOctober 31, 2011
Florida will cast 29 electoral votes for president, and some Florida Democrats say the election changes, which must be approved by a federal court in Washington, are all about defeating President Obama. "I have to wonder if the only problem that can be ...more »
Barbara Buono, Democratic incumbent
MyCentralJersey.comOctober 31, 2011
I was the Senate sponsor of the 2009 law creating a Dismal Swamp State Preservation Commission, which seeks to preserve what has been referred to as “the Everglades of New Jersey,” 1240 acres in the heart of one of the most overdeveloped areas in the ...more »
Obama cites income gap to push stalled jobs bill
eTaiwan NewsOctober 31, 2011
A report this past week by the Congressional Budget Office found that average after-tax income for the top 1 percent of US households had increased by 275 percent over the past three decades. Middle-income households saw just a 40 percent rise. ...more »
State firm's cash to Herman Cain may breach federal campaign, tax laws
Milwaukee Journal SentinelOctober 31, 2011
The national election expert who works with GOP candidates said it would be a violation of the tax code for Prosperity USA to advance money to the Cain campaign for these items. She said there also are strict federal election regulations on reporting ...more »
Another Bogus Attack on Obamacare
New Republic (blog)October 31, 2011
Again, the committee ignore payroll taxes in their calculations. One last point, if eliminating income tax liability is a problem, then it's a problem common to both the Affordable Care Act and the Bush tax cuts. According to the Tax Foundation, ...more »
