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Obama specifies payroll, dividend tax plans
HONOLULU (Reuters) - Barack Obama's presidential campaign said on Thursday a potential hike in payroll taxes for wealthy Americans under an Obama administration would not occur for 10 years while taxes on dividends and capital gains would be capped at 20 percent.
Nations:U.S. People:Barack Obama Carly Fiorina John McCain Activities:US Election 2008 Source:(Reuters)
2008-08-14
Edwards' future political impact lost with affair
RALEIGH, N.C. - John Edwards lost a prime-time speaking slot at the Democratic National Convention. He likely blew a chance at a possible Cabinet post in a Barack Obama administration. And he may very well have lost any hope of being the voice for America's poor and forgotten.
Nations:U.S. People:Barack Obama John Edwards John Kerry Al Gore Activities:John Edwards Sex Scandal
2008-08-12
Fuel cost now driving up electric bills
New York - Rising energy prices are now squeezing consumers from a different direction: their utility bills.
Nations:U.S. India Activities:2007-8 Oil Crisis Source:(Christian Science Monitor)
2008-07-25
"Baby boomers" may still outlive assets
NEW YORK (Reuters) - Even baby boomers who prune spending when they retire risk outliving their assets as they likely will live longer and experience volatile rates of both inflation and investments, a new study said on Monday.
Nations:U.S. Source:(Reuters)
2008-07-14
India's Rich Get the Personal Touch
One evening not too long ago, India's top fashion designers, Abu Jani and Sandeep Khosla, invited 35 members of the country's moneyed class over for dinner at their home in a posh suburb of Mumbai. The affair was elegant and understated: The guests sipped a 1999 Dom Perignon as they were served home-cooked Goan fish curry and rice. "We are the present-day maharajahs -- in thought, at least -- so we reconnected with friends from all walks of life over a luxurious meal," says Khosla.
Nations:India France Source:(BusinessWeek)
2008-07-07
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