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PF: Taxes

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Tax Headlines
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Economist: Mich. facing deficit under recession - AP - 1 hour, 34 minutes ago
School districts, universities and local governments that got more state money this year probably will have to give back some or all of that increase, Senate Fiscal Agency director Gary Olson said Thursday.

NY comptroller warns of rising property taxes - AP - Thu 5:47 pm ET
New York state Comptroller Thomas DiNapoli says the next victims of the mortgage foreclosure crisis are the people who have managed to hold onto their homes.

Tax-free borrowing available to Ike-hit businesses - AP - Thu 5:44 pm ET
An estimated $384 million in tax-free borrowing capacity is available to private businesses in Louisiana that were damaged by Hurricane Ike, but hardly any companies have shown interest so far.

NC panel suggests tax raise, fees for road needs - AP - Thu 8:41 am ET
Higher taxes or fees for drivers and vehicle owners could be on the horizon if the Legislature agrees with recommendations tentatively approved Wednesday by a state transportation panel.

Missouri highway chief says tax money declining - AP - Thu 8:34 am ET
Missouri's highway funding has hit a pothole. The director of the Missouri Department of Transportation said Wednesday that its tax revenues are running 4.9 percent behind projections through the first four months of the fiscal year -- a trend that could jeopardize future road and bridge projects.

Group: Mich. drivers should pay $12 more a month - AP - Thu 8:31 am ET
Michigan drivers would pay at least $12 more a month in gasoline taxes and vehicle registration fees to upgrade the state's transportation system if a plan pitched Wednesday by a construction industry trade group wins approval.

Stock swoon creates chance to 'buy low' - Bankrate.com - Thu 6:00 am ET
The stock market's recent struggles make now the perfect time to "buy low" and reap rewards later.

Claiming tax-exempt status - Bankrate.com - Thu 6:00 am ET
Even students and dependents are not exempt from income tax, says CPA George Saenz.

Earlier Headlines
·DiMasi: Mass. gas tax hike fairer cost-sharing way - AP - Wed 4:47 pm ET
·Ga. board rejects proposed teacher pensions change - AP - Wed 4:33 pm ET
·Washington revenue drops, overall deficit tops $5B - AP - Wed 3:20 pm ET
·Pentagon defends decision on Lockheed fighter jet - AP - Wed 2:39 pm ET
·Hawaii's tax collections drop as tourism slumps - AP - Wed 2:27 pm ET
·About 300 cabbies go on strike in southwest China - AP - Wed Nov 19
·Dear Mr. Secretary ... - Morningstar.com - Wed Nov 19
·Deductible IRA income limits - Bankrate.com - Wed Nov 19
·Most CD earnings not tax-deferred - Bankrate.com - Wed Nov 19
·Lawmakers press Paulson on bailout plan changes - AP - Tue Nov 18
·NY's Cuomo asks AIG to detail plans for exec pay - AP - Tue Nov 18
·Miss. gov: Rough economy calls for prudent budget - AP - Tue Nov 18

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