| Republican Cantor Seizes on Democrats' Tax Plan, Rallies Donors (Bloomberg) |
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Bloomberg - Nov. 8 (Bloomberg) -- Democratic legislation raising taxes
on hedge funds and private-equity firms was still in the draft
stage when Representative Eric Cantor, the No. 4 House
Republican leader, recognized an issue his party could seize
upon. Read Entire Article |
While nobody likes filing tax returns, most people are rewarded handsomely for their efforts: About 75% of taxpayers get a refund, according to the Internal Revenue Service. In 2005, the average refund rang in at more than $2,000, a nice chunk of change.
| AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday. | |
| Read more... |