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Tax free --- duty free Tax cuts Income tax General-----generally speaking Federalist Type---kind---sort Typewriter----typist Salary---wage---income Earn money----earn a living Make money---make a livi

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The envelope had the words Internal Revenue Service printed on the outside. Oh no, Vaughn thought, this could be bad news. It was bad news. IRS had determined that Vaughn owed $963, plus $88 interest, from two years ago. They had disallowed a deducti

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A Revenue 'Trigger' Would Shoot Down Tax Cuts If Economy Doesn't Grow As Expected KELLY MCEVERS, HOST: Republicans are struggling with a way to cut taxes without increasing the federal budget deficit, and one idea under consideration would be a budge

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The State Council, or China's cabinet, has decided to expand its value-added tax reform nationwide, covering more industries in order to further reduce tax burdens on businesses. Experts say the expansion sends a signal that the government is speedin

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A married couple went to the hospital together to have their baby delivered. Upon their arrival, the doctor said he had invented a new machine that would transfer a portion of the mother's labor pain to the father. He asked if they were willing to tr

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The U.S. Senate has passed a compromise measure that extends payroll tax cuts for American workers for another two months. Lawmakers in the upper house of Congress overwhelmingly passed the legislation by a vote of 89 to 10, a day after Republicans a

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The Supreme Court today said that two orthopaedic surgeons owe the Inland Revenue more money. They each sold their medical practice to a company but they were the boss of the company. The company then employed them to do exactly the same job and paid

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