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Taxation

A collection of news and information related to Taxation published by this site and its partners.

Top Taxation Articles

Displaying items 23-33
  • In new age of wealth and inequality, calls for intervention go unheeded

     In new age of wealth and inequality, calls for intervention go unheeded
    Thomas Piketty, writing from France, is the latest person to sound an alarm about the growing inequality of income and wealth. But his ideas have distinctly American roots that date to the country's formation. The American Revolution was in part a...
  • California grants $420-million tax break to Lockheed Martin Corp.

    The Legislature went home for a month Thursday, but not before handing aerospace giant Lockheed Martin Corp. a controversial $420-million tax break. Branded as a sweetheart deal for Lockheed, the bill sailed through the Assembly and Senate — but...
  • CPS issues $5.8 billion preliminary budget

     CPS issues $5.8 billion preliminary budget
    Forced once again to cover a gaping deficit that this year approaches $900 million, Chicago Public Schools is using a one-time accounting adjustment to make ends meet in a $5.8 billion preliminary operating budget that was released Wednesday. The...
  • Corbett: No decision yet on signing budget

    Corbett: No decision yet on signing budget
    HARRISBURG — Gov. Tom Corbett is criticizing state lawmakers for not passing a pension reform bill he supports, as his standoff with lawmakers over this year's budget continues. "Pension reform really does equal property tax relief," Corbett said...
  • Speaking up for golf courses and country clubs

    To the editor: Jim Newton's evidence supports his assertion that wealthy country clubs are getting an unfair tax break thanks to Proposition 13. So what's the alternative? Tax the clubs to death so they are forced to sell their land to developers, who...
  • TV's 'Millionaire' Moves To Stamford

    TV's 'Millionaire' Moves To Stamford
    "Who Wants To Be A Millionaire" has come to Connecticut's Gold Coast. Last week, the popular TV game show started filming for the 2014-15 season in its new home at the Connecticut Film Center in Stamford. It previously filmed in New York. The first...
  • State approves tax credit zones

    State approves tax credit zones
    The state has approved bigger tax breaks for industrial properties in Southeast Baltimore, including the site of a new Amazon warehouse. Designed to spur job creation, the benefits took effect Tuesday. The new "focus areas" provide property owners with a...
  • 401(k) plans offer more rollover options than most employees realize

    Most people think of their 401(k) plan as a monolithic, take-it-or-leave-it proposition, but the truth is that many company plans offer individual options, even for employees that are not planning to leave. For example, some 401(k) plans may be rolled...
  • When government fails its citizens

    When government fails its citizens
    Governments can fail their people in three basic ways, as Americans are ruefully discovering. Governments can fail to deliver vital services. They can deliver them but do it poorly and expensively, while favoring political cronies. And they can crunch the...
  • 'Teen Wolf' Takes $11.5 Million as Top California Production Tax Credit

    The fifth season of MTV's "Teen Wolf" will receive $11.5 million in tax credits, the highest of the 26 new allocations from California's Film and Television Tax Credit program for the 2014-15 fiscal year. With $77.6 million, "Teen Wolf" and 11 other...
  • You can donate life insurance to a charity or college

    Perhaps you have a permanent life insurance policy you no longer need. Sure, you can cash it out, but if you have altruistic inclinations, you can give the policy to your alma mater or a favorite charity. Donating life insurance "packs a whole lot more...