November 20, 2008
Amendment 'may threaten tax plan'
Guernsey's treasury minister says there is a "serious danger" amendments to tax proposals could derail the government's strategy.
An unexpected tax bill sent Honda Motor Co's quarterly profit tumbling 86 percent, and Japan's No.2 carmaker warned of a weak year ahead due to a stronger yen, rising materials costs and a soft U.S. car market.
A bill that would allow counties to raise sales tax by a quarter-cent to pay for transportation projects coasted to approval Tuesday during a special session of the Legislature. The measure passed in both chambers by the two-thirds margin needed for it to go in effect immediately. Voters still would have to approve the tax hike, and counties now... more...
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