November 20, 2008
`VAT will lower tax burden on business'
AS the value-added tax regime unfolded on Friday in a majority of the States, West Bengal's Finance Minister & Chairman of the Empowered Committee on VAT, Dr Asim Dasgupta, described VAT as the "most important tax reform since Independence" and said it was an improvement on the existing taxation system.
Lawmakers Tussle Over Property Tax Relief
Homeowners who face huge property tax increases are watching with full attention as the Indiana General Assembly prepares to wrap up its work this weekend.
Taxpayers were able to celebrate Friday so-called Tax Freedom Day -- the point in 2007 when they begin working for themselves and not the taxman, a free-market think tank said. More...Do You Pay Tax On An Inheritance -
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