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November 20, 2008



Cut in capital gains tax tops House GOP goals

Our economy is improving, but we have a long way to go,' said House Speaker Karen Minnis, R-Wood Village, as she announced the 10-point agenda at a news conference most House Republicans attended. Cut in capital gains tax tops House GOP goals Democrat say needed elements are missing from a most notably calls for cutting the state's capital gains tax in half

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Shifting sales and income tax deductions

Alternately claiming the state income or sales tax deduction could be a good strategy, says our expert, as long as there are no penalties associated with not paying state taxes throughout the year.

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Japan plans tax crackdown

Japan's tax commission on Tuesday proposed a radical overhaul of income tax as early as next year in an effort to repair what it considers the country's dire fiscal position.

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