November 20, 2008
Loblaw Profit Drops 26% on Tax, Restructuring Costs
Nov. 10 (Bloomberg) -- Loblaw Cos., Canada's biggest supermarket chain, said third-quarter profit fell 26 percent as the company recorded costs to close warehouses and set aside money to repay sales tax owed to the government. Read more hereGerman Retail Sales Rose in January After Tax Cuts
March 2 (Bloomberg) -- Retail sales in Germany, Europe's largest economy, rose the most in seven months in January as tax cuts starting this year boosted incomes and consumer confidence. Click here for more info.Greenspan Touts Consumption Tax
Federal Reserve Chairman Alan Greenspan said Thursday that a new consumption tax — such as a national sales tax — could spark the economy as a partial replacement for income taxes.
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