January 9, 2009
Could a windfall tax work in practice?
Political support for a windfall tax on leading energy suppliers is growing but the financial implications are far from clear.
Senators to look at repeal of estate tax next week
WASHINGTON - Senators next week will consider whether to repeal the estate tax, a spokesman for Senate Majority Leader Bill Frist, R-Tenn., announced Friday. But lawmakers and lobbyists supporting repeal say they're not sure they have the 60 votes necessary to overcome potential obstacles.
Senators Push for Electronic Tax Filing
WASHINGTON (AP) - The IRS wants taxpayers to file electronically. But sending returns over the Internet requires many people to use a paid preparer or tax-preparation software, adding an extra fee to their tax bill. The two senators who sit atop the Finance Committee, Chairman Charles Grassley, R-Iowa, and ranking Democrat Max Baucus of Montana, are pushing the tax agency to... more...
Capital Gains Tax 2004 -
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