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Wealth Matters: More Tax Chores for the Wealthy at Year-End
5 hours ago ago from The New York Times
AT the end of every year, there is a basic list of things wealthy people should do to put their financial houses in order. But this year, that house may be a lot messier than in years past, given the wild swings in wealth in the last 12 months and the various government programs and proposals that can change the calculus. Suzanne DeChillo/The New York Times Sam Petrucci of Credit Suisse Private Bank says a popular tactic has ...
Related contentEU calls for global financial levy
17 hours ago ago from U.S. News
EU calls for global financial levy BRUSSELS (AP) -- European Union leaders called for a global financial transaction levy and more responsible banking pay in the hopes it could help buffer against future market crises, according to a joint statement published Friday. British Prime Minister Gordon Brown said there was "growing support" across the world for such a levy and that other EU nations were supportive of Britain's plans for a one-off ...
Related contentMcCain Takes Center Stage in Health Fight
4 hours ago ago from Wall Street Journal
Sen. John McCain kept a relatively low profile for months after he lost the 2008 presidential election to Barack Obama. Those days are over. In the health-care battle, the Arizona Republican has suddenly emerged as the John McCain of old -- a vigorous political combatant. He has publicly hammered Democratic proposals, engaged in heated exchanges on the Senate floor and lent his voice to automated telephone calls pressuring Democratic ...
Related contentPayback Time: Many See the VAT Option as a Cure for Deficits
17 hours ago ago from The New York Times
Runaway federal deficits have thrust a politically unsavory savior into the spotlight: a nationwide tax on goods and services. Harry Hamburg/Associated Press The House speaker, Nancy Pelosi. Multimedia Payback Time The Debt Bomb Articles in this series will examine the consequences of, and attempts to deal with, growing public and private debts. Ruth Fremson/The New York Times John ...
Related contentNorth Dakota man seeks probation in tax fraud case
11 hours ago ago from U.S. News
North Dakota man seeks probation in tax fraud case FARGO, N.D. (AP) -- Lawyers for a former gravel company executive who pleaded guilty to nine felony counts of tax fraud have asked a judge to sentence him to home confinement instead of prison. Micheal Fisher, 36, of Dickinson, N.D., a former vice president and director of Fisher Sand & Gravel Co. Inc., was accused of using money from the family business to pay personal expenses such as for ...
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