China property taxes a stab at dousing inflation
China’s latest maneuver in its war on inflation – new property taxes for two of its biggest cities – looks likely to have little impact on wider price pressures or on the flood of investment that some here fear is feeding a…
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Scott plans to cut taxes for schools but promises to make up the funding
Gov. Rick Scott said Thursday the budget proposal he unveils on Monday will include $ 2 billion worth of tax savings, including cuts in corporate income taxes and in the property taxes that fund public schools.
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Waive octroi, local taxes to curb inflation: PM
Prime Minister Manmohan Singh Friday said rising prices presented a strong case for waiving octroi and other local taxes as inflation was posing a ‘serious threat’ to the growth momentum of India and disproportionately affecting the poor.
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