One of the loudest critics of the recent wave of corporate inversions is University of Southern California law professor Ed Kleinbard, who warns that these transactions will erode the U.S. corporate tax base because...
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- UPDATE on Federal Christmas Tree Levy: Implementation Tem...
UPDATE on Federal Christmas Tree Levy: Implementation Temporarily Delayed
ABC new reports:
The U.S. Department of Agriculture is going to delay implementation and revisit a proposed new 15 cent fee on fresh-cut Christmas trees, sources tell ABC News.
[...]White House spokesman Matt Lehrich told ABC News that despite some media coverage, "I can tell you unequivocally that the Obama Administration is not taxing Christmas trees. What's being talked about here is an industry group deciding to impose fees on itself to fund a promotional campaign, similar to how the dairy producers have created the 'Got Milk?' campaign."
We blogged earlier today on this new levy.
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