Thursday, February 08, 2007

Bolivian miners denounce tax

LA PAZ, Feb. 7 (UPI) -- Bolivian President Evo Morales met with mining leaders Wednesday following protests in the capital over a proposed tax hike, La Razon reported. Morales had already promised to freeze the tax hike, but the miners converged on La Paz anyway and clashed with police, injuring two officers. Protesters blocked a main road leading out of the country late last month, calling for greater government control of the country's petroleum industry. The protests focused on Morales' failure to keep a promise to implement full nationalization of the sector, as the leftist leader once promised. .

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Tuesday, February 06, 2007

Cigarette tax cut rejected by panel

PIERRE - Smokers in southeastern South Dakota are organizing "buying groups" to get cheaper cigarettes in Nebraska and Iowa, state Rep. Garry Moore, D-Yankton, told a legislative committee Monday morning. Moore said South Dakota's $1 a pack increase in the cigarette tax was hurting small businesses in his district. He argued to cut the tax by 78 cents, but the House State Affairs Committee voted 12-1 to kill the proposal without a vote of the full House.Voters in November approved increasing the state's cigarette tax from 53 cents a pack to $1.53 a pack. Moore's bill would have reduced the tax to 75 cents a pack."This is not selfish in nature," said Moore, who works for a company that wholesales cigarettes. "I know there are people who've said it's selfish in nature, and I really don't care.

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Friday, February 02, 2007

Crist tax plan may give small business a break

Gov. Charlie Crist has proposed exempting small businesses from a tax on tangible personal property worth less than $25,000 and making changes to the state's homestead exemption that would affect both residents and businesses. A proposed special election later this year would ask Florida voters to approve a constitutional amendment that would include the tax relief measures. .

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Wednesday, January 31, 2007

Culver to lawmakers: Increase cigarette tax

Gov. Chet Culver pressed the Iowa Legislature Tuesday for a dollar increase in the state's cigarette tax during his first budget address, taking his own party to task on a measure he said would save lives. The Democrat, elected in November, spent more time on the proposal than any other aspect of the $5.7 billion spending plan he outlined to the Democrat-controlled Legislature. Confronting hesitation by some of his party's legislative leaders about raising the tax a full dollar, Culver challenged lawmakers to get on board with an issue that was a part of his winning campaign and that a clear majority of Iowans support. "I understand that some appear to suggest that we should only increase the cigarette tax by 30 to 60 cents," Culver said. "But in this case, half measures will not even produce half the results." "I strongly believe the number needs to be a dollar," Culver added, sparking cheers from many of the Democrats in the House chamber and a contingent of students looking on from the gallery.

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Monday, January 29, 2007

Applicants vying for say in trust tax input

OTTAWA -- A volatile mix of money and politics will be served on Parliament Hill this week as backbench MPs delve into Finance Minister Jim Flaherty's plan to start taxing income trusts. The Commons finance committee has been deluged with requests from the private sector to have its say as well, with some industry lobbyists putting the number of applicants as high as 200 groups and individuals. "It clearly indicates the level of interest that's out there," says George Kesteven, head of the Canadian Association of Income Funds. "There's an awful lot of misinformation about income trusts. "A lot of our time is going to be spent debunking myths." Only a lucky few, however, will actually get to state their case during the six hours set aside for hearings, and they will be the ones chosen by the MPs themselves.

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Tuesday, January 23, 2007

Pugster Hailing Cab Girl Woman Hobby Taxi X2 Italian Charm Bracelet

This girl stretches her arm high in the sky as she is hailing for a cab! The new X2 version charm is a finer high quality charm Crafted and authenticated by Pugster Inc.

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Culver stands by proposed cigarette tax increase

DES MOINES (AP) --- Gov. Chet Culver said Monday he would stick by his proposal to boost cigarette taxes by $1 a pack, despite calls by fellow Democrats to approve a smaller increase. "That's the beauty of our democratic process. We don't always see eye to eye on the issues," said Culver. "As the session moves along here and when it comes time to present budgets and determine how we are going to pay for our priorities, that's when the tough decisions have to be made. I've made my decision."Culver spoke at a news conference, at which he previewed a budget he will deliver to the Legislature next week. He'll also outline his priorities before a joint session of the Legislature. .

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Sunday, January 21, 2007

F1's super-rich to cop higher Swiss tax

A collection of F1's super-rich could soon be in for a shock, as the notorious tax haven Switzerland is considering making life more expensive for foreigners. Some of the sport's highest earners are among scores who flock to live in the alpine country, because the government requires foreign residents to pay only 'direct' taxes rather than declare their mammoth income or assets. According to sources, foreign Swiss residents including Michael Schumacher, Bernie Ecclestone and Fernando Alonso pay a comparatively paltry lump-sum of about $60,000 per year in tax to their local region. Elsewhere, in Germany or France for example, income tax could cost them up to ten times as much or more. Swiss finance ministers, however, reportedly met last Friday and discussed possibly changing the system within six months.

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