How voters would accept higher gas tax

Americans would be more likely to accept a gas tax increase if they knew the extra revenue would improve energy efficiency, repair roads and bridges or be refunded to taxpayers equally, indicates a new study by two Michigan ...

Internet sales tax back on Congress' radar

At least $100,000 worth of business at Chase's Do It Best Hardware in Gainesville, Ga., shuffles out the door and onto the Internet each year to avoid sales taxes, in business manager Craig Shoemaker's estimation.

Will wind tax credit blow away?

Geronimo Wind Energy recently won regulators' permission to build two wind farms in Minnesota. What happens next for the ventures depends partly on the political winds in the nation's capital.

Thanksgiving steals sales from Black Friday

Thanksgiving shopping on Thursday took a noticeable bite out of Black Friday's start to the holiday season, as the latest survey found retail sales in stores fell slightly from last year.

Groupon's shares fall below IPO price in 3 weeks

Groupon Inc.'s stock fell below its initial public offering price for the first time Wednesday as investors reassess the challenges facing the still-unprofitable online deals company in a shaky economy.

Only tax increase can cure Illinois budget woes, study says

Tax increases are the only solution to a widening budget crisis that a new study says has landed Illinois among the nation's most financially troubled states, a soon-to-be-released report by a team of University of Illinois ...

US holiday season online spending climbs

Industry tracker comScore on Thursday reported that US shoppers spent a total of $42.3 billion online during the year-end holiday season—a 14 percent jump from the same period in 2011.

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