-
While the Senate, the House and the President are letting us hurtle to the fiscal cliff and we are held in suspense as to what the tax law will be, she is introducing legislation to change the name of a type of IRA. You know how the IRAs that allow you to accumulate income that is never taxed are called Roth IRAs.
FORBES: Naming Spousal IRAs After Senator Hutchison - Is That A Priority ?
-
Since there has been a lot of talk about the fiscal cliff, the US corporate tax rate of 35% and tax law changes I thought it would interesting to see what rates large tech companies pay.
FORBES: Tech Companies: What Cash Taxes Do They Pay?
-
The payroll-tax cut has only been extended for two months, ensuring that the rest of the year will be punctuated with fiscal skirmishes, even as nothing is done to deal with America's medium-term fiscal mess, or to smooth the huge tax hikes and spending cuts that loom at the end of 2012 under current law.
ECONOMIST: The world economy