A collection of analysis of recent tax news, here is an excerpt from one of them:
There are some US cities and states that already have levied taxes on soft drinks and junk foods. Money is exchanging hands in this "taxing" process, but what is the point? This tax would simply make the government richer. The heart of the problem is not really being addressed: how to minimize the tax burden on society, yet at the same time provide quality healthcare, sustain environmental quality
[...] There wil be tax breaks for refinery expeansion and for geological studied to help oil exploration. They say that over the next 10 years the production tax credit saves oil companies 5 billion dollars. In this example we actually see the government implementing a useful program. The energy supplies of this world are limited, and in this particular matter it is important to find new ways of developing energy. The tax benefits provided here are helpful towards society, and are the tax benefits that should be implemented more frequently. [...]
[...] Charles quizzed on tax evasion It is evident that the problem of high ranking officials not paying taxes is widespread. It is not limited to only huge American corporations, but also many people abroad do not pay taxes. Because tax code is imperfect and has many loop holes, good accountants and tax accountants will be able to easily take advantage of these imperfections. There is nothing illegal about this. The service in the UK should not be so surprised that they are not paying taxes, this is simply a standard imperfection with their service. [...]
[...] Without these tax breaks it is important to acknowledge the fact that the standard of living may decrease. This article claims that consumers could be hit by steep price rises for a range of goods from food to hotel breaks under plans to tackle climate change being considered by David Miliband. This is basically and plainly at article about supply and demand. Though it is enlaced with many current events and facts, the heart of this problem lays in the fact that during times of high demand, the supply becomes more expensive, and those that cannot afford the increase in prices are hurt by this. [...]
[...] This proposed tax cut may be the $70 billion that he claims it is, but when you take the present value of all the future payments, it will work out to be much less. In fact, this amount will pale in contrast with the amount of taxes that have been collected over the past few years. Last June, President George W. Bush signed the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA). This policy brief provides an assessment of the tax cut. [...]
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