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November 20, 2008



Finance Minister Flaherty touts tax break for transit riders

RICHMOND HILL, Ont. (CP) - Commuters who buy monthly or annual transit passes are now entitled to a federal tax credit.

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Congress deals blow to tax and spending cuts plans

Republican efforts to cut spending and extend popular tax cuts suffered dual setbacks yesterday, as opposition from within the party forced congressional leaders to delay votes on both fronts.

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Japan Raises FY04 Tax Revenue, Cuts New Bond Sales

July 4 (Bloomberg) -- Japan's tax revenue exceeded projections last fiscal year as the world's second-largest economy recovered, allowing the government to sell fewer new bonds than planned for the second straight year. Read more here

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