Word: taxing
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...every Twitter and Facebook posting, for instance, generates an e-mail record that can be stored with other records. Citizen responses to the White House postings are also sampled and archived for the sake of history. On Monday, to coincide with the announcement of a crackdown on corporate overseas tax havens, the White House Twitter feed asked followers - who now number more than 40,000 - for their reaction. Jason Furman, deputy director of the White House National Economic Council, responded to three of the questions in a follow-up posting, which was linked to the White House blog. The questions...
Martinelli's party, Democratic Change, and other allies also won a comfortable majority in the National Assembly, which may make it easier for him to realize his aggressive reform agenda. That includes budget reductions, more business-friendly labor reforms as well as financial and tax changes. Still, Martinelli's affable but strong executive personality - he's known as an imperious, sometimes right-wing businessman accustomed to seeing his orders carried out immediately - will have to battle Panama's notoriously slow and entrenched government bureaucracy...
...only are tax refunds up this year; so too are the number of people receiving them. Some 82% of filers have gotten money back, up from 78% last year. Accounting for the increases, the IRS says, are more generous tax credits for things like children living at home, first-time homebuyers and late claims related to those 2008 stimulus checks. Meanwhile, the recession and slumping incomes have rendered more people eligible for such credits. The larger refunds are a welcome boost for the economy. In all, the Federal Government has cut refund checks totaling $259 billion - up 17% from...
...Reefer Madness! Kudos to Joe Klein for his piece on legalizing marijuana [April 13]. The tax revenues a legal industry could generate - not just from pot but from hemp products as well - could solve major economic issues. I may have spent much of my high school years in a doobie-induced haze (mind you, I live a happily successful life now), but I do vaguely recall something from history class about the repeal of Prohibition and the subsequent taxation of liquor playing a significant role in our nation's recovery from the Great Depression. Perhaps if our leaders were willing...
...laughed so hard when Klein brought up the abuse of McDonald's until I remembered heart disease is our No. 1 killer. Perhaps we should slap the suggested 10% tax on fast-food chains instead. Michael Lai, Brisbane, Australia...