Tax

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Nibbles: A soda tax for health care, fast food rules in Massachusetts and Cheerios health

http://calorielab.com

As the government struggles to come up with ways to finance healthcare for more Americans without adding to the already huge national debt, the Center for Science in the Public Interest suggests that the government consider a tax on soft drinks as part of the way to fund the program. The proposed tax would increase the cost of non-diet sodas, fruit juices that aren’t 100 percent juice, energy and sports drinks and some ready-to-drink teas. The Congressional Budget Office says a three cent tax on each 12 ounces of soda sold would raise $24 billion over four years, which is a lot but nowhere near enough to pay for the plan, which some estimates say will cost $1.2 trillion. Beverage makers say such a tax would unfairly hit poor people and wouldn’t teach kids healthy habits; advocates of the tax say it could cut a lot of future health problems if people cut soda consumption.

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Created by Dr Who 4 years 10 weeks ago – Made popular 4 years 10 weeks ago

Category: Health   Tags:
2

FHA Close to Monetizing First Time Homebuyer Tax Credit!

http://exclusivebuyeragentseattle.blogspot.com

In a video news report by Frank Garay and Brian Stevens of ThinkBigWorkSmall.com, they reported the news that HUD is getting close to allowing the monetization of the First Time Homebuyer Tax Credit. In his prepared remarks, Secretary of HUD, Shaun Donovan, cited an estimate by the National Association of Home Builders that this new tax credit will stimulate 160,000 home sales across the nation - 101,000 of which will be first time buyers who will receive the credit. Another 59,000 existing homeowners will be able to buy another home because a first time buyer purchased their home.

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Created by Dr Who 4 years 10 weeks ago – Made popular 4 years 10 weeks ago

Category: Business   Tags:
2

Automaker wants to add provision to stimulus bill to eliminate

http://www.detnews.com

The Detroit automaker has been urging members of Congress to add a provision to the $819 billion economic stimulus bill to eliminate the tax liability, which officials said could cost GM as much as $7 billion, and jeopardize the company's restructuring.

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Dr Who's picture
Created by Dr Who 4 years 23 weeks ago – Made popular 4 years 18 weeks ago

Category: Business   Tags:

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Tax