Tax-cut proposals gain momentum

Article Abstract:

This article discusses the trend among the governments of industrialized countries to lower taxes for corporations and individuals. Both the Organization for Economic Cooperation and Development and the International Monetary Fund have warned against the dangers of tapping surpluses to cut taxes when current prosperity might mask long-term fiscal problems such as paying retirement benefits.

World, Tax Rates, International Monetary Fund, Industrialized countries, Tax policy, Organization for Economic Cooperation and Development, Industrial nations

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The Trouble Is With Europe, Not Ireland

Article Abstract:

Heeding the U.S. President Kennedy's example, Ireland cut tax rates and economic prosperity followed as a result. The European Commission is pressuring Ireland to slow down inflation and adopt measures to halt its pro-growth policies, a move branded as backward and socialistic by Laffer's Associates, an economic research group.

European Union, Ireland, Taxes NEC, Research, Economic policy, Laffer's Associates

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Taxes lure Buffett to Schwarznegger

Article Abstract:

Billionaire Warren Buffett has become the economic advisor to Arnold Schwarzneggar as the actor runs for governor in California. Buffett said that California should raise property taxes.

Strategy & planning, California, Property Taxes, Planning, Political aspects, Elections, Property tax, Company business planning, Schwarzenegger, Arnold, Buffett, Warren E., Gubernatorial elections

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