Pro-Russian protesters in eastern Ukraine refused to give up buildings and lay down their arms as a four-nation deal negotiated in Geneva demanded, while the government in Kiev pledged to abide by the terms of the accord.
Philip K. Howard, author of ‘The Rule of Nobody: Saving America From Dead Laws and Broken Government’, says his latest book is an effort to lay out a framework for reinventing government so it can balance budgets, let teachers run classrooms again, reform the nation’s tax code, and more. Howard, who is also partner at Covington & Burling, chairs Common Good, which believes that “dense” law makes government ineffective. Howard says law has taken over government, with a structure so dense it’s beyond the capacity of humans to handle. Howard speaks with Bloomberg’s Kathleen Hays and Vonnie Quinn on Bloomberg Radio’s "The Hays Advantage”.
U.S. taxpayers would need to pay an average of $1,259 more a year to make up the federal and state taxes lost to corporations and individuals sheltering money in overseas tax havens, according to a report.
Stored somewhere in Jim Flaherty’s garage at his home near Toronto is a waffle costume his campaign used as a prop during its losing bid for the leadership of the Ontario Progressive Conservatives in 2002.
A U.S. House committee voted to hold former Internal Revenue Service official Lois Lerner in contempt of Congress for refusing to testify about her role in scrutinizing Tea Party groups seeking tax exemptions.
Former Internal Revenue Service official Lois Lerner engaged in an “aggressive and improper pursuit” of Crossroads Grassroots Policy Strategies, a nonprofit political group advised by Republican Karl Rove, according to the House Ways and Means Committee.
The top lawmakers on the House Ways and Means Committee disagreed over whether extending tax breaks for research and international finance operations should be offset to prevent the U.S. budget deficit from growing.