by | Oct 14, 2010 | Towing
Introducing a value-added tax would cost the American economy 850,000 jobs in its first year, according to the National Retail Federation.
Policymakers are considering a VAT as a possible way to reduce the federal deficit, which is currently at its highest as a share of GDP since World War II.
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The new tax would be bad news for retailers across the country, as it would raise the…
Continue reading VAT Would Put 850,000 People Out of Work: Industry Group
VAT Would Put 850,000 People Out of Work: Industry Group originally appeared on DailyFinance on Thu, 14 Oct 2010 07:07:00.
Filed Under: Company News, Taxes, Retail
by | Oct 13, 2010 | Towing
The government will raise the limit on ethanol concentration in gasoline for some cars.
The Environmental Protection Agency will raise the limit to as much as 15%, from the current 10%, for vehicles made in 2007 or later, Bloomberg News said without naming its sources.
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Ethanol producers have been pushing for a higher limit, while a coalition of groups including automakers,…
Continue reading EPA to Raise Limit on Ethanol Concentration in Gasoline
EPA to Raise Limit on Ethanol Concentration in Gasoline originally appeared on DailyFinance on Wed, 13 Oct 2010 08:43:00.
Filed Under: Energy, Company News, Technology, Green, Taxes, Autos
by | Oct 13, 2010 | Towing
Minimum distributions are back, after a break intended to give accounts some time to bounce back. If you’re out of practice — or making a required distribution for the first time — here’s what you need to know.
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by | Oct 13, 2010 | Towing
The Obama administration is pushing to extend a temporary tax credit that helped lower the cost of college tuition for more than 12 million students last year.
The American Opportunity Tax Credit expanded the range of the existing Hope Credit to more Americans and covers a greater range of items, including computers and textbooks.
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The tax credit is due to expire at the end of this…
Continue reading Obama Administration Pushes Extending College Tax Credit
Obama Administration Pushes Extending College Tax Credit originally appeared on DailyFinance on Wed, 13 Oct 2010 07:22:00.
Filed Under: Company News, People, Taxes, Credit
by | Oct 13, 2010 | Towing
British unemployment claims rose by the most in eight months in September as the economic recovery slowed.
Jobless benefits claims rose by 5,300 to 1.47 million, Bloomberg News reported.
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Consumer confidence touched an 18-month low in September as the public readied for the coalition government’s spending cuts.
“Unemployment is still on a rising trend. The fall in consumer confidence…
Continue reading UK Unemployment Rises Most in Eight Months
UK Unemployment Rises Most in Eight Months originally appeared on DailyFinance on Wed, 13 Oct 2010 06:34:00.
Filed Under: Economy, Taxes, Currency
