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  Individual Rate Tax World News

  • Factbox: Likely tax proposals in Obama's 2013 budget
    (Reuters) - President Barack Obama will outline a slew of tax proposals in his 2013 budget on February 13, including a revival of past ideas and some new ones aimed at jump-starting U.S. hiring. The proposals are his 'wish list' to Congress, which has no obligation to act on them. Indeed, it has acted on few of them in the past several years. The U.S. tax code, riddled with special-interest ...
    individual rate tax 08 Feb 2012
  • Budget likely to raise tax exemption limit to Rs 2 lakh
    The government is likely to provide some relief to individual income tax payers in the forthcoming Budget by raising the exemption limit to Rs 2 lakh, as provided in the Direct Taxes Code (DTC), and hiking the slabs for different tax brackets.
    individual rate tax 08 Feb 2012
  • Govt may raise tax exemption limit to Rs 2 lakh
    The government is likely to provide some relief to individual income tax payers in the forthcoming Budget by raising the exemption limit to Rs 2 lakh, as provided in the Direct Taxes Code (DTC), and hiking the slabs for different tax brackets.
    individual rate tax 08 Feb 2012
  • Romney?s 13.9% Tax Rate Spotlights Wealthy Investors? Breaks
    Republican presidential candidate Mitt Romney?s 2010 tax returns and the 13.9 percent rate he paid highlight how wealthy investors can use the preferential treatment of income classified as capital gains and dividends to minimize payments to the U.S. government.
    individual rate tax 08 Feb 2012
  • Tax reform in this election year: It's not likely
    Tax reform sounds like a good idea to lots of people, but where to start? Eliminate the popular deduction for home mortgages? End the write-off for charitable contributions? How about expanding the Social Security payroll tax?
    individual rate tax 08 Feb 2012
  • Little Evidence Linking Low Tax Rates to Job Growth, as Romney's Filing Shows
    When Mitt Romney disclosed in his tax return that he earned most of his money from investment income, the revelation put a political bull?s-eye on the lower tax rates for capital gains and so-called carried interest.
    individual rate tax 08 Feb 2012
  • What's Mitt Romney's Real Tax Rate: 15% or 50%?
    Some conservatives insist the GOP frontrunner pays half his income to the government. Their math is wrong, but their point is right on: Double taxation is a problem.ReutersWhen the media reported that ...
    individual rate tax 08 Feb 2012
  • Tax exemption limit may be hiked to Rs 2 lakh
    The possibility of lowering tax rates, however, is remote in view of the fiscal constraints being faced by the government.
    individual rate tax 08 Feb 2012
  • What's Mitt Romney's Real Tax Rate: 15 Percent or 50 Percent?
    When the media reported that Mitt Romney's total tax rate was 15 percent, some people were mad at Romney for taking advantage of the tax code. But others were mad at the media for getting it wrong.
    individual rate tax 08 Feb 2012
  • Romney returns show low tax rate; questions linger
    TAMPA, Fla./WASHINGTON (Reuters) - Republican U.S. presidential candidate Mitt Romney bowed to political pressure and gave the public a glimpse inside his personal fortune on Tuesday, releasing U.S. tax returns showing he pays a lower effective tax rate than many top wage-earners. Unlike Americans who rely on a paycheck, Romney earns most of his income from investment profits, dividends and ...
    individual rate tax 08 Feb 2012
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