A leading Republican lawmaker would not rule out tax increases on Thursday if they fostered economic growth, adding that "everything is on the table" for a U.S. congressional panel charged with forging a deal to cut the deficit.
Manchester United could soon be making a bid for their top summer target Wesley Sneijder, after the player admitted that Inter Milan could sell him for the right price.
Arkansans shopped until they dropped on Saturday, braving temperatures deep into the triple-digits to take advantage of the state's first sales tax holiday weekend.
Congressional lawmakers looking for ways to reduce spending could look to the tax code, economists say.
Talks on how to approach U.S. corporate tax reform are stirring to life again as Republican House majority leader Eric Cantor backed of push to give multinational companies a break on money imported to the U.S. from their subsidiaries owned in other countries.
Borrowing by small U.S. businesses rose in January from the prior year, data released by PayNet Inc on Tuesday showed, but fell compared to December, underscoring the recovery's slow slog. The Thomson Reuters/PayNet Small Business Lending Index, which measures the overall volume of financing to U.S. small businesses, rose 14 percent
The following are prepared remarks of New Jersey Gov. Chris Christie to a joint session of the state's assembly in Trenton regarding the fiscal year 2012 budget on Feburary 22, 2012.
The debate over overhauling the U.S. corporate tax system will have to include whether to cut taxes on profits earned abroad, a Treasury Department official said on Thursday. Michael Mundaca, assistant Treasury secretary for tax policy, a White House point man on revamping the corporate tax code, also said that corporate tax reform could be done before individual tax reform.
The top 1 percent of wage-earners in Britain will may almost one-quarter of the country’s income taxes this year, according to a study by HM Revenue and Customs (HMRC).
The U.S. President Barack Obama’s the State of the Union speech on Jan. 25 avoided any toxic references to climate change and greenhouse gas emissions, says Robert W. Baird.
The new federal estate taxes proposed for the State of California will result in a much higher budget deficit in the state, according to a report by Moody's Investor Services.
Longer-term, the potential impact of the tax cuts upon the stock market and economy remain rather fuzzy, given the multitude of other issues facing investors, including perpetually high unemployment in the U.S., a seemingly never-ending sovereign debt crisis in Europe and constant friction with China over trade and currency.
President Barack Obama and Congressional Republicans came to a compromise today involving tax break extensions for wealthier Americans and unemployment insurance extensions for working class families.
Disgraced Rep. Charles Bernard Rangel (D-N.Y.) has been censured by the U.S. House of Representatives for ethics violation but narrowly escaped expulsion.
China announced on Friday tax incentives for small businesses in a bid to raise employment levels in the country.
President Barack Obama on Saturday urged changes in the U.S. tax code that would allow the government to collect taxes on companies that create foreign jobs.
An analysis of the relationship among U.S. personal income tax rate, tax receipts, and the GDP reveals a high correlation between GDP and tax receipts. However, others correlations are noticeably weaker.
