November 21, 2008
Senate passes tax-relief bill to ease burden on investors and above-average earners
The Senate gave final approval Thursday to a $69 billion election-year package of tax cuts that will extend lower rates for investors and add one year of protection for Silicon Valley taxpayers who are close to falling prey to the alternative minimum tax in 2006.
Australia's luxury car tax toppled
THE Government's bid to increase the luxury car tax was defeated in the Senate when Family First's Steve Fielding sided with the Opposition. Do you agree?
GOP Blocks Tax Hike On Oil Companies
Senate Republicans blocked a $32 billion package of tax breaks for renewable energy that would have been financed mostly by new taxes on major oil companies.
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