reduce tax debt

Obama seeks to cut municipal bond tax breaksWASHINGTON (Reuters) - President Barack Obama on Monday proposed limiting tax breaks given to high-income earners on the interest paid by municipal bonds, a change that could rock the $3.7 trillion market if approved. In his fiscal 2013 budget, Obama reiterated his desire to cut tax breaks for families with incomes over $250,000, saying they should only be allowed to reduce their tax liabilities ...Reuters via Yahoo! News - Feb 13 02:26pm
Politics › IMF urges Japan to triple consumption tax to reduce debtThe International Monetary Fund said Monday that Japan ought to triple its consumption tax to help bring down some of its huge debt. Japan's current tax rate on consumption is only 5%, one of the lowest rates in the world, said Anoop Singh, the IMF chief for Asia. "It has…Japan Today - Jan 30 07:55pm
Explaining the GOP’s Payroll Tax Cut SurrenderFollow Yahoo!'s The Daily Ticker on Facebook here! Is this how it ends? With a whimper, not a bang? I'm talking, of course, of the epic beltway battle that was shaping up over the extension of the payroll tax holiday. At the end of 2010, the White House and Congress agreed to temporarily reduce the [...]Yahoo! Finance: The Daily Ticker - 27 minutes ago
Obama budget: New spending with recycled tax ideasThe White House is focusing on re-election themes such as jobs and public works projects in President Barack Obama's new budget blueprint while relying on familiar but never enacted tax increases on the wealthy and corporations to reduce future deficits after four years of trillion dollar-plus shortfalls.Associated Press via Yahoo! News - Feb 11 01:46pm

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