Word: taxingly
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...financial firms to help the government recoup the costs of last year's bank and auto bailouts. FDIC officials, too, are considering charging banks that pay a large portion of their executive compensation in bonuses a higher fee for its deposit insurance. The U.K. recently adopted a 50% tax on bank bonuses.(See the worst business deals...
...flying to Fort Lauderdale, Fla., from Newark, N.J., next month, and you've nailed a $191 plus tax round-trip flight on Continental. Sweet. If you're traveling solo and light, a carry-on will do the trick. But if you're not, once you check in a bag, you are adding 13% to the ticket cost; 31% if you add a second bag. If you can't use a carry-on, you essentially become the victim of a bait and switch tactic, since the airlines never name their baggage fees in the fare quotes you get on Travelocity, Expedia...
...really want to give the amount specified, typically $5 or $10. If you say yes, then the amount will appear on your next cell-phone bill. If you did not intend to donate, you can cancel your pledge. While the cell-phone bill serves as a receipt for tax purposes, donors to causes sponsored by Mobile Accord can also print out a list of all their donations in a given year from the company's MGive site. Most text-based services will also let you sign up for tweets to learn how donations were spent. That kind of accountability...
Harvard will be audited by the Internal Revenue Service as part of the government's efforts to review practices at non-profit organizations that take advantage of tax exemptions...
...Sources on all sides say they believe there ultimately will be a compromise that would maintain the tax but lift the threshold, so that it would be applied to fewer policies. Yet that would leave the question of where to raise the lost revenue; Obama has insisted that any bill that reaches his desk not add to the total federal deficit over the next 10 years...