edited by: Tracy Coenen,
Accounting Editor
Efforts to extend the estate tax past its scheduled Dec. 31 expiration stalled in the Senate today amid heavy Republican opposition. Barring retroactive action being pondered by Sen. Max Baucus of Montana, beneficiaries of estates totaling more than $3.5 million for individuals and $7 million for couples [...]
Former New York State Senate Majority Leader Joe Bruno was found guilty on federal corruption charges by a jury on Monday. Over the course of the three-week trial, prosecutors argued that Bruno, a Republican, improperly used his position in the State Senate to enrich himself.
[...]Iowa State State Sen. David Hartsuch, R-Bettendorf, faces a primary challenge this year. It seems so wrong. Sen. Hartsuch was the only legislative Republican to vote against the Film Tax Credit program that blew up in corruption, scandal and outrageous expense this year. He was joined by only [...]
Bill Sizemore, Oregon's high-profile anti-tax activist and Republican candidate for governor, has been indicted on tax evasion charges that could send him to prison if convicted.
The Oregon Department of Justice said Monday that Sizemore and his wife, Cindy Sizemore, are each [...]
From Politico.com:
In an attempt to illustrate the real world consequences of reform's taxes, Senate Republicans are pointing out a provision that would tax the makers of swine flu vaccines and drugs. The provision raises $2.3 billion annually from drug makers who sell their products through government programs.
[...]
