Tax Law 
GOP plays offense in medical device tax fight – AP – msnbc.com
They describe the tax as part of the price device manufacturers and other providers agreed to pay in exchange for the tens of millions of new customers they will get through the sweeping 2010 health care law’s expansion of health … Continue reading
Romney would owe taxman $5M more under Obama’s plan than under his own tax-cutting vision – Orlando Sentinel
Romney also would eliminate the much-despised alternative minimum tax, which hits the rich and some middle-class taxpayers, too. He wants to repeal Obama’s health care law and its taxes. Romney would pair his tax cuts with huge spending …
Obama win could cost Romney $5M in personal taxes – Huffington Post
Romney also would eliminate the much-despised alternative minimum tax, which hits the rich and some middle-class taxpayers, too. He wants to repeal Obama’s health care law and its taxes. Romney would pair his tax cuts with huge spending …
In fight to repeal medical device tax, GOP takes offensive on jobs and Obama health care law – Orlando Sentinel
WASHINGTON (AP) — A bill aimed at repealing a tax on the makers of medical equipment is giving its Republican authors an election-season chance to claim they are protecting jobs and cutting taxes. At the same time, they’re taking a … Continue reading
Roberts Is Outraged at a Tax; Thomas Isn’t – Wall Street Journal
The split came in a Supreme Court review of a tax program in Indianapolis that left a few dozen … Chief Justice Roberts said a government body can’t deny equal protection of the laws just because “it’s too much of … Continue reading
Downing Said to Resign From Justice Department Tax Post – Bloomberg
a Washington-based tax law firm. Downing will join the firm June 11, Miller & Chevalier said today in an e-mailed statement. Downing resigned from the Justice Department effective today, according to a person familiar with the matter who …
Lawmakers look for way out as defense cuts near – msnbc.com
The law exempts war costs and allows the administration to wall … during the debt ceiling negotiations between automatic defense cuts or automatic tax increases in the event that the so-called supercommittee failed to reach a deficit deal.
Glitch concerning deductions lurks in new Kansas tax law – Kansas City Star
The mammoth new tax bill passed in May was supposed to cut Kansas income taxes and still allow deductions for donations to charity and interest paid on home mortgages. Well, maybe not. The tax bill signed into law by Gov. … Continue reading
U.S. Multinationals Lobby to Alter Tax Rules They Sought – Businessweek
Under current law, U.S. companies owe the 35 percent U.S. corporate tax rate on all the income they earn around the world. They get credits for tax payments to foreign governments, and they don’t pay the U.S. anything until they … Continue reading
Hurry and cash in on short-sale tax savings – Marketwatch
That’s partly because of a law set to expire at the end of 2012 that offers tax relief for homeowners who sold their home in a short sale or have had some other sort of mortgage debt forgiven or canceled, … Continue reading
