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Editorial: Poor form
Buried in the bowels of the health care reform act is a pesky new tax reporting requirement that will raise costs and further complicate the lives of small business owners. The new rule, which is due to go into effect in 2012, requires firms to file Form 1099s for every business transaction over $600, be it [...] bill reform tax 30 Jul 2010
Tax credits and benefits could be replaced with 'negative income tax' under shake-up
Tax credits and benefits for those in work or looking for a job could be scrapped under new welfare reform plans. bill reform tax 30 Jul 2010
Public to veto council tax rises
The public will be able to veto their council tax bills in England if charges are above an agreed limit, ministers will announce. bill reform tax 30 Jul 2010
Georgia tax panel chairman: It's about creating jobs
ATLANTA Gov. Sonny Perdue called to order the first meeting of a special tax-reform commission Wednesday afternoon and then passed the chairmans position to banker and former Atlanta Olympics executive A.D. Frazier. Before he did, the governor noted that convincing the General Assembly and new governor to approve the commissions eventual recommendations will be critical and difficult. No one ... bill reform tax 30 Jul 2010
Housing policy must be set on sustainable basis
The financial reformbill enacted last week is a significant step toward a much-needed modernization of our regulatory structure. It will provide tools to help mitigate and manage the next financial crisis. But the job remains unfinished until Congress addresses the housing policies that fueled the crisis -- a big part of which requires reforming and dramatically scaling back Fannie Mae and ... bill reform tax 30 Jul 2010
Benefits could be scrapped altogether as Coalition turns to tax breaks to end welfare trap
The radical plan is one of five options contained in a blueprint for benefits reform, unveiled by work and pensions secretary Iain Duncan Smith today. bill reform tax 30 Jul 2010