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January 6, 2009



Higher mortgage repayments follow tax cuts

BIG tax cuts in the May budget could force interest rates up half a per cent, leaving home owners paying higher mortgage repayments. Leading forecaster Access Economics fears tax cuts in next month's budget are unsustainable as the population ages and could worsen the massive current account deficit and force the Reserve Bank to lift interest rates.

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National Consumption Tax Good Idea, Fed Chief Says

Federal Reserve Chairman Alan Greenspan again touted a national consumption tax, but stopped short of calling for a sudden shift from the current system.

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Wesley Snipes' lawyer in Ocala courtroom: Anti-tax schemers exploited actor

Wesley Snipes' lawyer described the star as "the boy who made good" and a victim of anti-tax schemers during opening remarks Wednesday in the actor's tax-evasion trial.

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1040a Tax Form -

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