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July 30, 2010



Sir Menzies wants pollution tax levied on cheap flights

NEW Liberal Democrat leader Sir Menzies Campbell yesterday called for a pollution tax on cheap flights as part of a raft of incentives to businesses and individuals not to damage the environment.

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Tax refund for phone customers

The Treasury Department, conceding that it has no right to continue collecting a 108-year-old tax on long-distance telephone calls, announced Thursday that it will drop its legal battle for the tax and instead refund $13 billion to callers who have paid the tax in the past three years.

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UPDATE:Germany's Merkel Against Tax Cuts,Higher Debt For Econ

BERLIN -(Dow Jones)- It would be wrong to opt for a fiscal stimulus package that's funded with tax cuts or higher debt, Chancellor Angela Merkel said Wednesday.

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