January 11, 2007

Tax-issue result: End of Globe swag bags...

By SANDY COHEN, AP Entertainment Writer

The Golden Globe gift basket is no more. The Hollywood Foreign Press Association, which presents the annual Golden Globe Awards, announced Wednesday that it had reached an agreement with the Internal Revenue Service to satisfy past tax obligations on the plush gift packages given to awards-show presenters. - complete article

January 07, 2007

Dems look at tax cuts for middle class

By JOHN HEILPRIN, Associated Press Writer

Democrats are not ruling out raising taxes for the wealthiest people to help pay for tax cuts for middle-income families, House Speaker Nancy Pelosi said. She spoke of pursuing an estimated $300 billion that people owe in back taxes, eliminating deficit spending and reducing wasteful federal spending. "As we review what we get from ... collecting our taxes a reducing waste, fraud and abuse, investing in education and in initiatives which will bring money into the treasury, it may be that tax cuts for those making over a certain amount of money, $500,000 a year, might be more important to the American people than ignoring the educational and health needs of America's children," Pelosi, D-Calif., said in an interview aired Sunday. - complete article

January 01, 2007