November 20, 2008
Japan PM Abe: Very Possible Won't Need Sales Tax Hike
TOKYO -(Dow Jones)- Japanese Prime Minister Shinzo Abe said Monday it is "very possible" that the government won't have to hike the current 5% sales tax because spending cuts and increased tax revenues could cover higher pension and healthcare costs of the aging society.
Senate, House reach agreement on tax plan
Fiscal leaders forge compromise on package of tax increases, spending cuts Negotiators from the state Senate and House of Delegates quickly agreed this afternoon on a package of tax increases and spending cuts that fiscal analysts believe will be sufficient to close Maryland's budget shortfall next year.
German CDU Tax Plans Would Cause `Huge' Budget Gap, Eichel Says
Sept. 8 (Bloomberg) -- Plans by Germany's opposition Christian Democratic Union to cut income tax and use tax revenue to fund health care if it wins this month's election would create a ``huge'' gap in the budget, Finance Minister Hans Eichel said. Read more hereCalifornia State Income Tax -
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