January 9, 2009
Mass. House eyes tax hike to broaden healthcare
Massachusetts House leaders are considering a tax increase on cigarettes or alcohol to pay for a major healthcare expansion, proposing to add 147,000 low-income parents and children to Medicaid and to subsidize private insurance coverage for 200,0000 more people, according to legislative sources.
£1.5bn tax credits wrongly paid out last year
Tax credits are still open to "significant" fraud and error, a Whitehall spending watchdog warned today as it refused to sign off the accounts for the sixth year in a row.
Costco Wholesale's profit up 35% on Canada-U.S. tax benefit, higher sales
ISSAQUAH, Wash. (CP) - Costco Wholesale Corp. said Wednesday that second-quarter earnings rose 35 per cent, due in part to a big tax benefit, but shares fell after the company's results failed to meet Wall Street expectations.
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