Tax Law 
GOP says health care repeal also stops a tax – New York Post
WASHINGTON — House Republicans pushed an election-year vote Wednesday to repeal President Barack Obama’s health care overhaul, casting it as not only a rejection of an unpopular law but a surefire way to block a tax on the middle class. … Continue reading
Eric Holder to NAACP: GOP Voter ID Laws Same as ‘Poll Tax’ – Christian Post
Speaking at the annual National Association for the Advancement of Colored People convention in Houston on Tuesday, Attorney General Eric Holder took a swipe at some GOP-backed laws requiring that voters produce a valid photo ID by saying such laws … Continue reading
D.C. Council approves LivingSocial tax break – Washington Post
It must now be signed by Mayor Vincent C. Gray (D). The legislation — called the Social E-Commerce Job Creation Tax Incentive Act of 2012 — is part of a broader effort by the District’s Office of the Deputy Mayor … Continue reading
GOP says health care repeal also stops a tax – AP – msnbc.com
House Republicans pushed an election-year vote Wednesday to repeal President Barack Obama’s health care overhaul, casting it as not only a rejection of an unpopular law but a sure-fire way to block a tax on the middle class. The House … Continue reading
Holder: Texas ID Law a Poll Tax – Daily Beast
Embattled Attorney General Eric Holder spoke at the NAACP’s annual convention on Tuesday just after federal judges in Washington began hearing a lawsuit over Texas’s voter-identification law. “We will not allow political pretext to …
Trimming tax breaks to cut rates is a lot harder than it looks – The Christian Science Monitor
One of the biggest and least understood challenges is the interaction between rates and tax preferences. In short, deductions, exemptions and the like lose their value as rates fall. Thus, the very act of cutting rates shrinks the pile of … Continue reading
Quinn signs veterans’ tax credit increase into law – Yahoo Finance
CHICAGO (AP) — Legislation that gives Illinois employers more incentive in hiring veterans by doubling the state’s income tax credit was signed into law Monday. Gov. Pat Quinn signed the bill that increases the tax credit from 10 percent to … Continue reading
Tax sales: Some lose homes over as little as $400, reports says – Indianapolis Star
But tax debts as small as $400 can cause people to lose their homes because of arcane laws and misinformation among consumers, says John Rao, the report’s author and an attorney with NCLC. The consequences are “devastating for individuals …
Senate Dems want tax cuts for businesses that hire – msnbc.com
The Senate’s Democratic tax-cutting bill has little chance of surviving. Neither does Wednesday’s planned vote by the Republican-run House to repeal Obama’s 2010 health care law, which has no chance of being duplicated in the Democratic-led Senate.
California law stirs cash-flow concerns on redevelopment bonds – Reuters
Concern about the potential for confusion at the successor agencies due to the new law prompted S&P last week to place all of its ratings for investment-grade tax-increment bonds in California on its “CreditWatch” with negative implications.
