Read more tax code stories on Newserhttp://www.newser.com/taggrid/18426/tax-code.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 11:06:46 CSThttp://www.newser.com/story/59672/schwarzenegger-blew-chance-for-real-reform.html?utm_source=syn&utm_medium=rss&utm_campaign=tagArnold Schwarzenegger came into politics with an uncommon opportunity to tell Californians hard truths about taxes and governance, using his surprising mandate to press for reform. Instead, he became just another governor repeating "the same lies and the same nostrums," pretending citizens can have good public services without paying for...http://www.newser.com/story/59672/schwarzenegger-blew-chance-for-real-reform.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 21 May 2009 7:59:25 CDThttp://www.newser.com/story/57993/white-house-takes-aim-at-offshore-tax-dodges.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWhite House plans to curb offshore tax avoidance will be rolled out today, the Wall Street Journa l reports, with the target on both US multinationals and wealthy individuals who are sheltering an estimated $700 billion in US earnings overseas. The plan takes particular aim at “deferral,” which allows companies...http://www.newser.com/story/57993/white-house-takes-aim-at-offshore-tax-dodges.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 04 May 2009 7:35:38 CDThttp://www.newser.com/story/55682/six-weird-tax-deductions.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe tax code is more than 20,000 pages long and packed with loopholes galore. Newsweek lists six deductions you've probably never heard of: Alaskan whaling captains can deduct up to $10,000 for money spent fixing their boats or on other whaling expenses. Parents of kidnapped children can now...http://www.newser.com/story/55682/six-weird-tax-deductions.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 08 Apr 2009 16:45:52 CDThttp://www.newser.com/story/54202/irs-challenges-aigs-offshore-tax-deals.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe IRS is challenging a series of tax-skirting deals engineered by the much-maligned AIG Financial Products unit, the Wall Street Journal reports. The deals exploited differences in international tax codes to reduce tax payments for foreign banks—many of the same banks the US government would later pay to settle...http://www.newser.com/story/54202/irs-challenges-aigs-offshore-tax-deals.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 24 Mar 2009 8:07:44 CDThttp://www.newser.com/story/53903/aig-sues-us-over-tax-payments.html?utm_source=syn&utm_medium=rss&utm_campaign=tagEven as Washington rails against AIG’s bonus giveaway, the insurer is quietly suing the government for $306 million in tax payments, the New York Times reports. AIG’s case hinges largely on its use of offshore tax havens, including one entity that handles executive compensation. It also says it overpaid the...http://www.newser.com/story/53903/aig-sues-us-over-tax-payments.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 20 Mar 2009 10:32:54 CDThttp://www.newser.com/story/52890/philanthropists-cry-foul-over-obama-budget.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCharity may be a virtue, but in America there's another motivation for philanthropy: generous tax deductions of as much as 35%. Barack Obama's proposed 2010 budget may change all that; not only will it raise taxes on the most wealthy to almost 40%, it will cap charitable deductions at a...http://www.newser.com/story/52890/philanthropists-cry-foul-over-obama-budget.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 10 Mar 2009 9:19:00 CDThttp://www.newser.com/story/52298/irish-angry-at-u2s-tax-evasion.html?utm_source=syn&utm_medium=rss&utm_campaign=tagU2 is under fire for possible tax evasion as the Irish government pushes for a bigger slice of the band’s earnings, the Christian Science Monitor reports. U2 moved its publishing company to Amsterdam in 2006 after a tax bill limited artists’ tax-free earnings to $315,000. With Irish deficits mounting,...http://www.newser.com/story/52298/irish-angry-at-u2s-tax-evasion.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 03 Mar 2009 15:02:02 CSThttp://www.newser.com/story/19118/dems-tread-similar-paths-on-economy.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWith the Ohio and Pennsylvania primaries on the horizon, Hillary Clinton and Barack Obama are fine-tuning economic visions that have more similarities than differences, reports the Washington Post . Both candidates promise to ease the middle class tax burden while putting pressure on corporations that send jobs overseas, and to protect...http://www.newser.com/story/19118/dems-tread-similar-paths-on-economy.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 15 Feb 2008 9:57:19 CSThttp://www.newser.com/story/14685/texas-hits-strip-clubs-with-pole-tax.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTexas strip clubs are suing over a new law that will force them to collect a $5-per-person tax on clientele, the AP reports. Most of the estimated $40 million in proceeds will help rape victims, which club owners claim to support, but smaller venues fear a loss of customers. A...http://www.newser.com/story/14685/texas-hits-strip-clubs-with-pole-tax.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 22 Dec 2007 16:32:44 CST