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January 9, 2009



Tax rates are mostly up to voters now

By KATHERINE CROMER BROCK Texas taxpayers may not know it yet, but they're about to have authority over local school tax rates. Most school boards can no longer increase property tax rates without asking voters for permission. It's the next step in the 2006 law that required school districts to cut the property tax rate for maintenance and operations, which includes teacher salaries. Districts

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Belarus ditches oil transit tax

Belarus cancels the transit tax it had imposed on Russian oil shipments, according to the country's Prime Minister.

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Sales tax smackdown

It's definitely time for a sales tax in Oregon, with a reduction in the income tax. A state that counts tourism as a major source of revenue misses the boat when it does not have a sales tax.

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