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Sep 07

Taxes

Black Lab swallows 13 golf balls

Dunfermline, Scotland -- Chris Morrisonof Dunfermline, Scotland, noticed his Labrador retriever rattled when he walked, but had no idea the dog had swallowed 13 golf balls.

Accounting change could pressure taxes

Washington-- An accounting change by U.S. actuaries could dramatically increase contributions needed to cover the cost of public employees' pension funds, analysts said.

MLB: Houston 4, Cincinnati 1

Houston -- Roy Oswalt defeated Cincinnati for the 22nd time in his career Wednesday, carrying Houston to a 4-1 decision over the Reds.

Challenge Your Property Tax Assessment
With the real estate market in the doldrums and prices falling, many homeowners want to put a lid on their property tax assessments. Yet struggling local governments aren't in any hurry to mark down assessed values, especially in an area hit hard by the downturn. If you're in sticker shock over your recent assessment, here's a quick lesson on what to do about it.
Sastre takes stage, overall Tour lead

L'alpe D’Huez, France -- Carlos Sastre won the 17th stage of the Tour de France by more than 2 minutes Wednesday, earning his first stage win in five years and the overall tour lead.

USA basketball team has only one option

Beijing -- When it comes to U.S. Olympic basketball, it is no longer about extending a streak.

What's a Dividend?
A dividend is?a portion of a company's earnings that the firm pays directly to its shareholders. If The Tattoo Advertising Co. (Ticker: YOWCH) is earning roughly $4 in profit per share each year, it might decide to issue $1?per share annually to shareholders, then use the rest of the money to help build the business. If so, it will probably pay out $0.25 per share every three months.
France, Italy opposed in fuel tax plan

Brussels -- Germany and various Scandinavian countries opposed French and Italian suggestions to use value-added taxes to lower fuel prices, officials said.

Poll: Tax rebate checks unconvincing

Princeton, N.J. -- Rebate checks sent to U.S. taxpayers have done little to convince consumers that the economy is doing well, Gallup researchers said Thursday.

Don't Kill Our Dividends
In May 2003, President Bush signed into law the Jobs and Growth Tax Relief Reconciliation Act (JGTRRA), which reduced the tax rate on qualified corporate dividends and long-term capital gains to 15% (in most cases). Without an act of Congress, however, JGTRRA will not last beyond 2010.
Act Fast and Kiss Your Returns Goodbye
The market was not very kind as this year began. In the dawning months of 2008, the S&P 500 index continued a drop that began last fall, before recently recovering. While the market overall is down only 2% year to date, many individual stocks have suffered worse.
The Financial Earthquake That Never Happened
We've come to expect the Federal Reserve to ride to the rescue and shore up financial markets. But yesterday, similar help came from an unusual source: the Supreme Court.
European Union to close tax havens

Brussels -- Finance ministers from the European Union have agreed to rewrite rules on savings tax in an effort to curtail tax havens, EU's tax commissioner said Friday.

Let Uncle Sam Pick Up the Tab for Your Green Lifestyle

Want to keep the planet and your portfolio green? The Fool shows you how in our special series on Earth-friendly investing.

What could be better than saving on energy costs by making energy-efficient improvements to your home? Getting Uncle Sam to pay for it.

Taxes: True or False?
Ever hear someone relate an outrageous tale they heard from a friend? At Snopes.com, such "urban legends" are debunked (except for the few that are true -- those are bunked).
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