July 30, 2010
California budget cutters look at tax breaks
Each year Californians benefit from an estimated $50 billion in tax breaks, deductions for everything from conducting business research to raising children.
Israel transfers tax revenues to Abbas
Israel freed $100 million in frozen tax funds and transferred the money to Palestinian President Mahmoud Abbas, an official in Israeli Prime Minister Ehud Olmert's office said Friday.
MANILA, Philippines - Taxpayers will go home with fatter pockets following the effectivity of a newly enacted tax relief law, but economists say consumers have no reason to rejoice as the additional income will hardly be enough to keep up with the rise in prices.
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