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UK slaps tax on bankers' bonuses ahead of election

22 hours ago ago from FanHouse

LONDON -The British government slapped a one-time tax of 50 percent on fat bank bonuses on Wednesday as it tried to win over recession-weary voters ahead of a looming general election. But Treasury chief Alistair Darling's plan to exact payback for the crisis that led Britain into its worst recession since World War II faced opposition criticism that it was at best political spin and would do little to raise revenue and, at worst, potentially ...

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Pelosi: Tax Extenders Act Creates New Jobs, Growth, Innovation, and Opportunity for Every American

17 hours ago ago from FanHouse

WASHINGTON, Dec. 9 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi released the following statement today after the House passed the Tax Extenders Act of 2009, which will help to create jobs and cut taxes for American middle-class families. The House passed the bill by a vote of 241 to 181. "Today, Congress took another positive step forward in our drive to create more jobs, strengthen our economy, and lay the foundation for long-term ...

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