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tax
New NY tax bill hits millionaires, helps middle The Wall Street Journal 12/07/2011 | IRS: Budget cuts would hurt service, raise deficitALAN FRAM AP 10/17/2011 |
 New York's second major income tax increase in two years will charge millionaires more, but give 4.4 million middle-class residents a rare break worth $200 to $400 a year. |  Legislation that would trim hundreds of millions of dollars from the Internal Revenue Service budget would force significant cuts in the services it provides taxpayers and cost the government $4 billion annually in lost revenue, the agency warned Congress on Monday. |
Denmark Introduces ‘Fat Tax’ on Foods High in Saturated FatOlivia Katrandjian ABC News 10/02/2011 | Pearson Tax Breaks Lure 600 Jobs to Manhattan, Mayor SaysHenry Goldman BusinessWeek 09/19/2011 |
 Denmark has introduced what’s believed to be the world’s first fat food tax, applying a surcharge to foods with more than 2.3 percent saturated fats, in an effort to combat obesity and heart disease. |  Pearson Plc, owner of the Financial Times, intends to add 600 media and technology jobs in offices near its current operations in Lower Manhattan’s Hudson Square, Mayor Michael Bloomberg said. |
New government fees pepper Obama deficit plan Yahoo! Finance 09/19/2011 | Obama to seek a new tax rate for wealthyJIM KUHNHENN AP 09/18/2011 |
 It's not just millionaires who'd pay more under President Barack Obama's latest plan to combat the deficit. Air travelers, federal workers, military retirees, wealthier Medicare beneficiaries and people taking out new mortgages are among those who would pay more than $130 billion in government revenues raised through new or increased fees. |  President Barack Obama is expected to seek a new base tax rate for the wealthy to ensure that millionaires pay at least at the same percentage as middle income taxpayers. |
N.Y. Tax Collections Miss Target in 5 Months of Fiscal YearFreeman Klopott Bloomberg.com 09/16/2011 | NJ, NY govs' toll plan: Cars pay $15, not $17 The Wall Street Journal 08/18/2011 |
 New York tax collections missed projections by $75.7 million in the first five months of the fiscal year, leading Comptroller Thomas P. DiNapoli to warn that the state may need to alter its financial plan. |  The governors of New York and New Jersey are proposing a scaled-back toll increase on bridges and tunnels into New York City. New York Gov. Andrew Cuomo and New Jersey Gov. Chris Christie laid out the plan on Thursday in a letter to the Port Authority of New York and New Jersey, which runs area bridges, tunnels and transit hubs and owns the World Trade Center site. The toll hikes were to go for a vote before the authority's board at its Manhattan headquarters on Friday morning. |
NY property-tax cap may hit cash-poor cities: reportJoan Gralla Reuters 07/05/2011 | California taxes internet sales; Amazon ends deal with 25,000 CA websitesJan Norman Orange County Register 06/30/2011 |
 New York state's new property-tax cap might further pressure counties, cities, towns and school districts already struggling with lower tax revenue and higher expenses in the recession's wake, according to a report released on Tuesday by Moody's Investors Service. |  Gov. Jerry Brown has signed into law California's tax on Internet sales through affiliate advertising which will immediately cut small-business website revenue 20% to 30%, experts say. |
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