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Climate Tax Debate Heats Up

As the debate over the government’s proposed price on carbon heats up, Acting Prime Minister Wayne Swan insists the measure is not a new tax. With Prime Minister Julia Gillard…

Japan Introduces Environment Tax

Japan is proposing an environment tax to help the country curb its greenhouse gas emissions, says Nikkei Business Daily. The tax commission of Japan is proposing that the tax be…

GM’s $13bn IPO Re-pay to Reduce Taxpayers’ Headache

General Motors is finalizing the process of raising $13 billion to re-pay government funds that had made it a taxpayer owned company. According to documents filed with the Securities and…

Vote on Tax-Cuts Delayed until after Elections

It has been reported that Jim Manley, the spokesman of the Majority Leader Reid, sent an e-mail in which he stated that the Senate is not voting before election in…

Obama To Extend Bush’s Tax Cuts, Except…

The White House is expecting a bill that contains the extension of former president Bush’s tax cuts will be passed. Furthermore, they are expecting that the bill will not include…