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Yahoo! Finance: Tax News

Wed, 08 Sep 2010 18:24:58 GMT: German president hopeful on Swiss tax deal
[AP] - German President Christian Wulff said Wednesday he was hopeful that Switzerland and Germany will soon resolve their long-running dispute over tax evasion.

Wed, 08 Sep 2010 18:21:56 GMT: Obama firm: Don't extend tax breaks for wealthiest
[AP] - President Barack Obama strongly defended his opposition to extending Bush-era tax breaks for the wealthiest Americans on Wednesday and delivered a searing attack on Republicans and their House leader for advocating "the same philosophy that led to this mess in the first place."

Wed, 08 Sep 2010 18:21:00 GMT: Boehner slams Obama's stimulus spending
[CNNMoney.com] - House Minority Leader John Boehner outlined a plan to bolster the economy on Wednesday, hours ahead of President Obama's scheduled speech unveiling a $350 billion job-boosting proposal.

Wed, 08 Sep 2010 18:10:00 GMT: Obama's latest job-bolstering proposal fails to dazzle
[CNNMoney.com] - President Obama's latest round of job-bolstering proposals boasts something for everyone: corporate tax breaks for conservatives and spending on roads and railways for liberals. Yet he's having a hard time getting everyone on board.

Wed, 08 Sep 2010 17:44:17 GMT: Ireland to split Anglo Irish into good, bad banks
[AP] - Ireland plans to split its most troubled financial institution, Anglo Irish Bank, in two as part of wider efforts to reassure international lenders that the Irish are taking control of their debt crisis.

Wed, 08 Sep 2010 16:20:51 GMT: ADWATCH: Ads attacking health plan miss some facts
[AP] - President Barack Obama's health care initiative is getting toxic on the campaign trail. With the country sharply divided over the sweeping new insurance law, Republicans and their allies are taking to the airwaves to attack it as elections near, often resorting to exaggeration and omissions to make their points.

Wed, 08 Sep 2010 15:01:58 GMT: Mass. governor hopefuls spar on jobs, budget gap
[AP] - The four candidates for Massachusetts governor sparred Tuesday on everything from jobs and the legacy of the Big Dig to the best ways to close the state's estimated multibillion-dollar budget deficit during their first televised debate.

Wed, 08 Sep 2010 14:50:55 GMT: FACT CHECK: Commish vetted Emmer's Minn. tax plan
[AP] - Republican Tom Emmer is challenging his two gubernatorial rivals to put their tax proposals through a Minnesota Department of Revenue numbers grinder, like he says he did. Except he really didn't.

Wed, 08 Sep 2010 14:28:00 GMT: A look at potential tax hikes

Wed, 08 Sep 2010 13:45:17 GMT: Tensions emerge in new Australian minority gov't
[AP] - Tensions emerged Wednesday between Australia's deputy prime minister and a kingmaker independent lawmaker over plans to make mining companies pay more taxes, underscoring the fragility of the country's new minority government.

Wed, 08 Sep 2010 13:05:54 GMT: Indian court upholds big tax bill against Vodafone
[AP] - In a landmark ruling Wednesday, an Indian court said Vodafone Group Plc is liable for an estimated $2.6 billion in taxes for its 2007 acquisition of one of India's largest mobile phone companies.

Wed, 08 Sep 2010 12:33:33 GMT: Wis. governor says stem cell ruling could hurt
[AP] - Wisconsin will "move forward on every legal front we can" to overturn a court ruling that has blocked federal funding for embryonic stem cell research, Gov. Jim Doyle said Tuesday.

Wed, 08 Sep 2010 12:26:30 GMT: US judge continues to bar NY Indian cigarette tax
[AP] - A federal judge Tuesday extended his order blocking the state from taxing two Indian nations' cigarette sales to non-Indian customers while legal challenges to the state's plans continued to mount.

Wed, 08 Sep 2010 12:11:16 GMT: Hannemann, Abercrombie argue over Hawaii tax hikes
[AP] - Hawaii's Democratic candidates for governor differed Tuesday on raising taxes, with Neil Abercrombie opposing a hike in the general excise tax "without equivocation" and Mufi Hannemann saying such an increase wouldn't be considered "initially."

Wed, 08 Sep 2010 08:36:00 GMT: Economists offer tepid support of Obama spending plan
[CNNMoney.com] - This week, the Obama administration began outlining additional measures to jumpstart the economy and create jobs.

Wed, 08 Sep 2010 00:00:06 GMT: Suddenly, a raft of tax-break proposals from Obama
[AP] - President Barack Obama's proposed tax breaks for business sound like ideas that have enjoyed broad Republican backing in the past. But in today's toxic political atmosphere, he's unlikely to get much -- if any -- GOP help.

Tue, 07 Sep 2010 23:21:00 GMT: Obama's Proposals More About Politics Than The Economy
[Investor's Business Daily] - If there was any chance President Obama would move to extend the upper-income Bush tax cuts before the midterm elections, it likely died over the weekend. Rather than reach out for Republican support, Obama signaled that he is content to paint the GOP as obstructionist.

Tue, 07 Sep 2010 22:39:47 GMT: Judge won't let stem cell money keep flowing
[AP] - A federal judge on Tuesday refused to lift his order blocking federal funding for some stem cell research, saying that a "parade of horribles" predicted by federal officials would not happen.

Tue, 07 Sep 2010 20:56:37 GMT: Obama's tax-break plan is seen as no quick cure
[AP] - Even if they were enacted soon, President Barack Obama's proposed tax breaks for businesses would hardly be a quick fix to rejuvenate hiring or the economy, analysts say.

Tue, 07 Sep 2010 20:33:00 GMT: Economists offer tepid support of Obama spending plan
[CNNMoney.com] - This week, the Obama administration began outlining additional measures to jumpstart the economy and create jobs.