California is the seventh state to levy a tax on electronic cigarettes. The tax was part of a November 8th ballot measure and has consequences for e-cigarette usage. Tobacco usage has reached historic lows, and tax revenue derived from tobacco taxes has suffered as a result. Taxes on electronic cigarettes is a highly-questioned trend. Electronic […]
President Obama Claims 80% of Americans Want Higher Taxes
As the debt ceiling debate heats up, President Obama claims most Americans are OK with higher taxes. Are you? As the U.S. debt ceiling deadline moves closer, the bond market takes it in stride. The 10-year U.S. Treasury note trades within spitting distance of eight-month highs. Investors seem confident a deal will get done, if […]
State, Local Tourism Taxes Keeping Americans Home?
In addition to the piss poor economy in the United States at the present time (pardon my French), it appears that the U.S. Chamber and travel and tourism industry have yet to also discover just why occupancy levels are down, and more and more Americans are staying at home during normal vacation periods. And that […]
The Downside Of Universal Health Care: Not Just Higher Taxes
www.back-upamerica.org Last week Barack Obama called leaders of the insurance industry, pharmaceutical companies and labor organizations for a pow-wow regarding one of his fundamental quests as stated during his campaign: health care reform. Although these three industries are not in any way directly tied to patient care and delivery, it appears Mr. Obama is playing […]
Best Practices for Small Business Accounting
Having a successful business comes with accounting for every detail. Failure to see even the smallest thing can result in something bad for your small business. Best practices will help your business in being more productive, as well as improving your experience. With small business accounting is it important that the results of your work […]
HSBC Apologizes ForErroneously Including MukeshAmbani’s Name In The List of Beneficiary Account Ho
Realizing the error of including MukeshAmbani’s name in the List of Beneficiary Account holders in Switzerland, the Swiss Unit of HSBC Plc. has expressed their regret, and apologized for involving him in an investigation by the Income Tax Authorities in India, as his name was included in the list of people who have beneficiary accounts […]
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