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

Property taxes falling

Jun 22, 2007
Homeowners in some 21 states are holding their breath, hoping for reform that'll bring property tax relief. Four states have already slashed property taxes. But not everyone shares the joy, particularly schools and other local agencies that rely on tax dollars. Dan Grech reports.
Posted In: Housing, Taxes

Private equity in public doghouse

Jun 20, 2007
Profits are soaring at private equity firms around the globe, but as more and more jobs are cut and news of their substantial tax advantage makes headlines, private equity's popularity keeps sinking further into the mud. Stephen Beard has details.
Posted In: Canada, Taxes, Wall Street

Ohio's adult businesses are seeing red

Jun 12, 2007
Owners of Ohio's strip clubs and adult video stores say their businesses are being threatened by some tough, new state laws. They may end up taking their fight straight to voters. Bill Cohen reports.
Posted In: Crime, Entertainment, Taxes