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January 9, 2009



NYC Budget Deal Reached With $1.3B In Tax Cuts

With the local economy buzzing due to huge real estate sales and Wall Street profits, Mayor Michael Bloomberg and City Council agreed to a budget deal containing $1.3 billion in tax relief.

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Tax hike unlikely to affect gas, heating prices, report says

A proposal aimed at eliminating a sizable tax credit for energy companies in Colorado will have little effect on gasoline and natural gas prices, according to an analysis the Sonoran Institute released Thursday.

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Struggling Shale Firm Gets Big Back-Tax Bill

The beleaguered Leningrad Oblast shale quarry, Leningradslanets, has been slammed with a back-tax bill totaling 20 million rubles ($714,000), the company said this week. The bill adds to the $857,000 salary debt, which the company has struggled to pay for the last three months ..

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