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November 20, 2008



Texas House OKs new tax on business

The Texas House Monday night tentatively approved a sweeping new business tax that is the cornerstone of Gov. Rick Perry's proposal to cut school property taxes and meet a June 1 court deadline for avoiding a potential shutdown of public schools.

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Tax deal far from certain

Dyer, Crotty must make case for one-cent increase For the first time, Central Florida's two most powerful politicians agree that more of the hotel tax should be spent on a performing-arts center, a home for the Orlando Magic and a football stadium.

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H&R Block Shares Fall on Tax Problems

Shares of H&R Block Inc. sank Friday after the nation's largest tax preparer said it was having problems with its own taxes and would have to restate earnings going back to 2004.

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