White House backs Internet sales tax bill
The White House Monday backed a Senate bill to force online retailers like Amazon and eBay to collect state and local sales taxes, hoping to end a cost disadvantage hampering bricks and mortar businesses.
The White House Monday backed a Senate bill to force online retailers like Amazon and eBay to collect state and local sales taxes, hoping to end a cost disadvantage hampering bricks and mortar businesses.
Business
Apr 22, 2013
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Large majorities of tax policy experts in the U.S. favor a graduated personal income tax, taxing long-term capital gains as ordinary income, a net income tax on corporations and extending the retail sales tax to services.
Economics & Business
Apr 12, 2013
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When Katherine McHenry answers the phone at a Building Blocks Toy Store in Chicago, she may get a caller who wants to negotiate a lower price on an item she is selling because it can be purchased for less money online.
Business
Apr 4, 2013
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Consumer confidence continued to improve in March due to more positive signs of expanding employment, according to University of Michigan economist Richard Curtin, director of the Thomson Reuters/University of Michigan Surveys ...
Economics & Business
Apr 1, 2013
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More than two-thirds (67%) of small business leaders say basic research funded by the federal government is important to private sector innovation, according to a new nationwide survey of small business owners/operators commissioned ...
Economics & Business
Feb 26, 2013
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General Motors is trying to take the Chevrolet Volt's electric technology upscale with a new Cadillac.
Energy & Green Tech
Jan 15, 2013
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Barring a deficit-reduction deal in Washington, D.C., Americans should be quite concerned about going over the "fiscal cliff," says Charlotte Crane, a tax specialist and professor at Northwestern University School of Law.
Economics & Business
Dec 24, 2012
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Online retailer Amazon.com has reached a deal with Massachusetts to start collecting the state's 6.25 percent sales tax from Bay State residents.
Business
Dec 11, 2012
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(Phys.org)—The image of a "fiscal cliff" may give the wrong impression of the potential fallout should Congress fail to take action by the end of the year on the Budget Control Act. Iowa State economist Dave Swenson described ...
Economics & Business
Nov 30, 2012
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General Motors is giving its Chevrolet Spark a jolt of electricity.
Energy & Green Tech
Nov 27, 2012
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