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Last updated: 00:08:47 Tuesday Nov 17, 2009


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  • Millions will have to repay part of tax credit
    WASHINGTON - More than 15 million taxpayers may owe the government $250 or more because of how the IRS last spring set up President Barack Obama's tax break that was designed to help consumers spend the U.S. economy out of recession.   Nations:U.S.   People:Barack Obama   Source:(AP)   2009-11-16

    Health care plan hits rich with big tax increases
    WASHINGTON - The typical family would be spared higher taxes from the House Democratic plan to overhaul health care, and their low-income neighbors could come out ahead.   Nations:U.S.   People:Barack Obama George W. Bush   Activities:2009 US Health Reform   Source:(AP)   2009-11-02

    State budget crunches will slow U.S. economy: study
    NEW YORK (Reuters) - Severe budget crunches afflicting U.S. states will put the brakes on the national economy by as much as seven-tenths of a percent of Gross Domestic Product in the next 12 months, according to a Goldman Sachs report.   Activities:2008 U.S. Recession   Source:(Reuters)   2009-07-13

    IRS dumps private debt collectors, shifts pendulum
    WASHINGTON - So much for privatizing the federal government.   Nations:U.S.   People:Charles Grassley Barack Obama   Activities:Obama Admin.   2009-03-07

    Trade nominee is 4th Obama pick to owe back taxes
    WASHINGTON - Another Obama administration nominee has tax troubles. This time, it's Ron Kirk, the president's choice to be U.S. trade representative. Kirk owes an estimated $10,000 in back taxes from earlier in the decade and has agreed to pay them, the Senate Finance Committee said Monday.   Nations:U.S.   People:Charles Grassley Max Baucus Barack Obama Tom Daschle   Activities:Obama Admin.   Source:(AP)   2009-03-02

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