January 9, 2009
Greenspan against tax reform proposal
Federal Reserve Chairman Alan Greenspan said switching the U.S. tax system to one solely based on consumption should be avoided, arguing a mix of income and consumption taxes is the way to go.
GOP reports progress on $70-billion tax cut bill
WASHINGTON - Republican tax negotiators reported progress Friday in resolving differences that have blocked passage of a $70-billion package that would extend tax breaks for investors and protect 15-million middle-income families from a tax designed for the wealthy.
April 15 is traditionally the last day when U.S. taxpayers can file their tax returns (or appropriate forms) with the federal government without being penalized. Because April 15 falls on a Sunday this year, and the following day, April 16, is Emancipation Day, a legal holiday in the District of Columbia, the 2007 deadline is April 17 for most of the country. Use this Extra! to help students
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