Taxes

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R.I.P. for AMT

Oct 11, 2007
Republicans and Democrats agree -- the Alternative Minimum Tax must go. But while Republicans have unveiled a plan to eliminate it, Democrats say it should just be replaced. Steve Tripoli reports.
Posted In: Taxes

Buzzword: Internet tax

Sep 28, 2007
A combination of words that have surely struck you with dread. No, you didn't read wrong. Enjoy your last days of duty-free browsing...
Posted In: Taxes

London gives rich foreigners a break

Sep 18, 2007
London has more foreign billionaires than anyplace else in the world. Why? Because they pay less in taxes than they would in other large, developed countries. But that tax break is fostering resentment among less-affluent Brits. Stephen Beard reports.
Posted In: Taxes

Bush needs help from GOP friends

Sep 7, 2007
Next week, lawmakers will be voting on a wide array of budget bills. Odds are President Bush will veto anything he thinks spends too much or that hints of a tax increase. But to succeed, says commentator Jeff Birnbaum, he'll need a little help from his friends.
Posted In: Taxes, Washington

Time to pony up for road repair

Aug 21, 2007
It's going to cost some $250 million to repair the collapsed highway bridge in Minnesota and there are already calls for more federal funds to fix other bridges around the country. So where's Congress going to get all that cash? Jeremy Hobson reports.
Posted In: Taxes, Washington

Feds open way to NYC congestion tax

Aug 14, 2007
The federal government has offered New York City $354 million to pay for Mayor Bloomberg's proposal to charge a fee for vehicles entering the busiest areas of Manhattan. The mayor says it will be good for the economy. Bob Moon reports.
Posted In: New York, Taxes

A penny found is a penny taxed

Aug 1, 2007
As stands full of baseball fans dream of catching Barry Bonds' record-breaking home run ball, attorney and commentator Conrad Teitell reminds us that finders may be keepers, but Uncle Sam wants his cut.
Posted In: Sports, Taxes

Taking nonprofit hospitals to tax

Jul 23, 2007
The IRS is cracking down on hospitals that get tax breaks for providing charity care after a study finds many facilities spend just 1 percent of their revenue helping those who simply can't pay. Helen Palmer reports.
Posted In: Health, Taxes

In Pennsylvania, gambling's 'essential'

Jul 9, 2007
Faced with a budget impasse, Pennsylvania Gov. Ed Rendell sent home state employees, except for "essential" public servants such as police, firefighters, and lottery and gaming workers. Alisa Roth reports.
Posted In: Taxes

Private equity may have tax bill coming

Jun 22, 2007
With The Blackstone Group going public today, Kohlberg Kravis Roberts may be next. But Congress is looking into how private-equity earnings are taxed. So how can anyone know what the companies will be worth? Steve Tripoli reports.
Posted In: Investing, Taxes, Wall Street

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