WASHINGTON -- In an almost annual ritual, Congress has passed a last-minute package of temporary tax breaks
, sparing millions of businesses and individuals from unwanted tax increases just weeks before start of filing season.
The TaxPayers' Alliance's John O'Connell said: "It's ridiculous to hand out tax breaks
to councillors without any evidence.
Results published by a handful of the country's 26 cantons, including Geneva, showed voters flatly rejecting the so-called Ecopop initiative, as well as bids to scrap special tax breaks
for rich foreigners living but not working in Switzerland, and on forcing the central bank to increase its gold reserves.
The deal actually extends seven existing tax breaks
that were first approved for the 787 during Gov.
As ofJanuary 1, more than 50 different tax breaks
expired and will likely increase the tax bills of some metalcasting facilities if these provisions are not renewed, including:
And he suggested the cash should go instead on extending tax breaks
on childcare for all couples.
Byline: GRAHAM HISCOTT on why Government needs to stop giving big firms tax breaks
But what looks like a loophole to one taxpayer is a lifeline to another; all tax breaks
serve some economically, socially or politically beneficial purpose.
Two Texas lawmakers are taking aim at a law passed decades ago that gives hefty property tax breaks
to some private country clubs and golf courses.
Using stock option tax breaks
, Facebook was able to give its executives the ability to purchase stock at dirt-cheap prices.
Summary: David Cameron faces a fresh backlash after it emerged that marriage tax breaks
will not be included in next month's Budget.
The tax break
has been blasted by critics, who include it with other fiscal cliff tax breaks
that help Puerto Rican rum makers, Hollywood movie producers and Wall Street bankers.