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January 7, 2009



Pensions plan will raise tax by 4p - Brown

Gordon Brown last night warned Cabinet colleagues that Lord Turner's proposed reform of UK pensions would require a decade of higher taxes, starting early in the next parliament, with the chancellor believing the basic rate of income tax would have to go up by four pence to pay the full £16bn bill by 2020.

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HK stocks hit records on Chinese corporate tax hopes

HONG KONG, Dec 27 (Reuters) - Hong Kong stocks rose in post-Christmas trade on Wednesday, catching up with gains in China's domestic markets in the past two days following news that the country may unify its corporate tax system in 2007.

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Group pushes gas tax hike to fund road repairs

LANSING -- Business, labor and elected leaders publicly launched a bid Tuesday to boost repairs and improvements on Michigan roads with a 9-cent increase in the state gasoline tax over the next three years and a doubling of the vehicle registration fee. Link to original article

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