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March 13, 2010



Romney rethinking new powers for tax aide

Governor Mitt Romney backed away yesterday from his proposal to give the state's top revenue official new discretion to pursue corporations that lower their tax bills by transferring profits outside Massachusetts, as national antitax groups chastised the governor for his broader, three-year quest to close what he calls tax loopholes benefiting corporations.

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Treasury minister quits over tax dodge

A UK treasury minister was forced to resign Wednesday night after avoiding paying up to 17,000 pounds ($35,000) in tax on the sale of her constituency home.

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SECRET STATE TAX PLAN WOULD HIT RICH HARD

ALBANY -- Personal income taxes for the upper middle class and the rich will skyrocket under a secret soak-the-wealthy tax deal reached tonight by Gov. Paterson and the leaders of the legislature. A new two-tier tax rate designed to raise $4 Read more here

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