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08-11-2004 Headlines for: Taxes |  |
Tax Talk: An unmarried couple's real-estate deal
From: www.bankrate.com
"Our expert says that when a dating couple buys a piece of property together, the tax implications are calculated as if they were in a business, not personal, partnership."
Are you a savvy homeowner?
From: www.bankrate.com
"It's your biggest investment, but how much do you really know about owning and caring for a house? Find out with our quiz."
Tax Talk: Tapping retirement money early
From: www.bankrate.com
"Generally, a distribution from a retirement account prior to age 59 produces a tax penalty. But, notes our expert, there are exceptions to any general rule."
Tax Talk: Zero capital gains taxes on the way?
From: www.bankrate.com
"It's true. Some investment taxes will zero out in a few years, but only for investors in the lowest income tax brackets."
Tax Talk: Commuting vs. business mileage
From: www.bankrate.com
"A doctor wants to write off two SUVs he says he uses in his practice, but our expert cautions that the physician appears simply to be commuting to his office in the vehicles."
Clanton Advertiser News Story
From: NewsTrove.com
"Giles in running for county commission post
I have been a resident of Chilton County since 1936. Having been born and raised in Chilton County, I know its history, which gives me insight on how we need to plan for its future.
Having been the owner and operator of my own business in this county for over 30-years, I am also familiar with the county's business environment. As for my personal information, I was married for 40-years to the late Joyce Joiner Giles. We have two children, a daughter, Charla Giles Doucet, and a son, Charlton E. Giles, and two grandchildren, Kaylee Doucet and Anna Beth Giles."
National Center for Policy Analysis
From: NewsTrove.com
"John Kerry's proposals to raise taxes on the wealthy will do far more harm than good because they will drive up the cost of capital and reduce incentives to produce, says economic policy and political commentator Jack Kemp.
Kemp says rolling back the tax cuts for the wealthiest Americans -- those who make more than $200,000 a year, including roughly 70 percent of all small businesses -- indicates a poor understanding of economics:
Lowering the tax rate serves to increase total tax revenues -- not decrease them -- because the wealthy are given incentives to produce more and refrain from sheltering their incomes."
Albany agrees on school aid
From: NewsTrove.com
"(August 10, 2004) — ALBANY - As school districts prepare fall tax bills, lawmakers scrambled Monday to finalize a $750million increase in education funding, the only part of the overdue state budget that New York's top three leaders agree on.
In Rochester, the district is getting an increase of 8.4 percent, bringing the total aid to $319,452,973 for 2004-05 - $24.8 million more than it received for 2003-04.
But that still leaves the district $8 million in the hole, said Henry Marini, the district's chief executive officer for business services.
"Everything is going to be examined," Marini said about ways to close the $8million gap."
American Prospect Online - ViewWeb
From: NewsTrove.com
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How does a candidate go about getting nearly a majority of the votes while advocating a tax program that will overwhelmingly benefit a tiny, super-wealthy elite? As the invaluable All The President's Spin, a new book from the editors of Spinsanity.org, ably documents, you mislead people. You say your plan will benefit all taxpayers when, in fact, the millions of workers who pay no federal income tax but do pay payroll tax get nothing at all. You say that under your plan "a single waitress supporting two children on an income of $22,000 . will pay no income tax at all," when such a person already pays no income tax."
komo news | Nethercutt Unveils Tax Plan
From: NewsTrove.com
"SPOKANE - Republican U.S. Senate candidate George Nethercutt has vowed to pursue additional federal tax cuts, outlining what he called his sharpest difference with his Democratic opponent, Sen. Patty Murray.
Nethercutt unveiled a plan Monday that called for passing sales tax relief for Washington residents, retaining a tax-free Internet and making some Bush administration tax cuts permanent, among other features.
Nethercutt contended that in 10 years in Congress he has never voted to increases taxes, while Murray had voted 282 times in her 12-year Senate career for tax increases."
PwC Sees India & China As Fastest Growing Players In Music Market
From: c.moreover.com
"Financial Express Aug 10 2004 11:51PM GMT"
Deloitte, Ferguson talk merger
From: c.moreover.com
"Express India Aug 10 2004 11:38PM GMT"
More fuel for the market's fear of accountants
From: c.moreover.com
"Sympatico Aug 10 2004 11:28PM GMT"
Deloitte, Ferguson Seen Talking Merger
From: c.moreover.com
"Financial Express Aug 10 2004 8:56PM GMT"
Accountant-General explains his stand
From: c.moreover.com
"The Hindu Aug 10 2004 7:16PM GMT"
US interest rates raised to 1.5%
From: news.bbc.co.uk
"The US Federal Reserve raises interest rates by a quarter of a percentage point to 1.5%, in a widely anticipated move."
Store discounting cuts inflation
From: news.bbc.co.uk
"Cheaper furniture prices help to cut UK consumer price inflation to 1.4% in July from 1.6% the previous month, official figures show."
Singapore economy in growth spurt
From: news.bbc.co.uk
"Singapore's economy grew at a rate of 12.5% in the second quarter, confirming its status as one of Asia's fastest growing economies."
Public sector pension hole widens
From: news.bbc.co.uk
"Unfunded public sector pension liabilities are far bigger than the government has estimated, warns a leading actuary."
US crude hits record $45 a barrel
From: news.bbc.co.uk
"The price of US light crude oil tops $45 a barrel - touching a record 21-year high of $45.04 in New York trade."
Are you a savvy homeowner?
From: www.bankrate.com
"It's your biggest investment, but how much do you really know about owning and caring for a house? Find out with our quiz."
Banks vs. credit unions: Who has the best rates?
From: www.bankrate.com
"Each month, Bankrate researchers compare the average rates for mortgages, auto loans and other products to see whether banks or credit unions offer the best deal."
Interest Rate Roundup
From: www.bankrate.com
"Check out the latest interest rate trends and national averages on the five most common consumer banking products."
The dangers of debt consolidation
From: www.bankrate.com
"Are you tempted to take out one big loan to pay off all those other nagging debts? Before you bundle your bills, check out the pros and cons of these consolidation options."
Interest Rate Roundup
From: www.bankrate.com
"Check out the latest interest rate trends and national averages on the five most common consumer banking products."
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