Word: taxed
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...will mark a comeback for Douste-Blazy, a medical doctor by training who received withering press at home during his brief stint as Foreign Minister from 2005 to 2007. It's no accident that he's a Frenchman: the French have for several years levied a compulsory tax on airline tickets to help fund development projects and have long sought to get others to join them, with mixed success. Brazil is one of only a few countries to have followed suit. Norway also taxes airline CO2 emissions and uses the receipts for overseas aid. (Read "France Considers a Tax...
Harvard Law School’s biggest donor, who died last week in an apparent suicide, may have owed up to $100 million in back taxes and fines, the New York Times reported this week. Finn M.W. Caspersen, who gave over $30 million to the Law School and tens of millions more to other philanthropic enterprises, may have been implicated in a sweeping federal investigation of offshore bank accounts, said the Times’ anonymous source. In recent months, Swiss banking giant UBS agreed to turn over the names of thousands of its American clients to the Internal Revenue Service...
...working on, which would provide assistance to those earning up to 400% of the poverty level (or a family of four making up to $88,000). "We're working to address that concern," Baucus said, adding that one idea "very much on the table" is to increase the refundable tax credits for those purchasing insurance. That, however, would most likely increase the overall price tag for the measure, which in its current form would cost $774 billion over the next decade, according to estimates by the Congressional Budget Office...
...cities, Mayor Thomas M. Menino issued an official proclamation which allowed Boston to declare its own Fashion’s Night Out. Menino highlights the importance of the city’s fashion industry, noting it “employs thousands of people and creates millions of dollars in tax revenues for the city,” which necessitates a concentrated effort to reinvigorate sales. Shana Yansen, founder and president of the eco-conscious online boutique Jute and Jackfruit agrees that her sales could stand to see an increase. “We’re an online company...
...Census Bureau severed its ties to the organization. This followed Beck's masterly promotion of a series of videos made by two guerrilla filmmakers who posed as a pimp and prostitute while visiting ACORN offices around the country. The helpful community organizers were taped offering advice on tax evasion and setting up brothels for underage girls...