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The following is the unofficial transcript of a CNBC interview with Charles Rangel, House Ways and Means Chairman, and Jim McCreary, Louisiana Congressman, on CNBC's "Power Lunch" today. In an interview with CNBC's Bill Griffeth, Rangel and McCreary discuss the vote on Rangel's bid to reform tax.
The House tax-writing committee has advanced legislation to shield some 20 million middle-class taxpayers from being hammered this year by a tax meant to affect only the rich.
The following is the unofficial transcript of a CNBC interview with Governor Mitt Romney on CNBC's "Mad Money w/Jim Cramer" today.
The following is the unofficial transcript of a CNBC interview with Charles Rangel, Chairman of the Ways and Means Committee in the U.S. House of Representatives, on CNBC's "Kudlow & Company".
The House's top Democratic tax writer on Thursday unveiled a $1 trillion plan to repeal the alternative minimum tax and lower the tax burden of most lower- and middle-income people.
Treasury Secretary Henry Paulson said Tuesday that unless Congress comes up with a "patch" by Nov., 21 million more Americans will be subject the alternative minimum tax in 2007.
Australia's government, desperately seeking re-election in a November poll, on Monday promised A$34 billion ($30 billion) in sweeping tax cuts if returned by voters.
House Democrats on Wednesday pushed through legislation to end a program that turns over smaller-scale tax deadbeat cases to private collection agencies.
The U.S. House of Representatives Thursday overwhelmingly approved legislation providing tax relief to homeowners facing a foreclosure.
Former U.S. Securities and Exchange Commission Chairman Richard Breeden won three seats on H&R Block's board Thursday, advancing his efforts to refocus the company on its tax preparation business.
H&R Block said Thursday it is renegotiating the sale of its money-losing Option One Mortgage Corp subprime lending unit to Cerberus Capital Management, casting doubt on the largest U.S. tax preparer's ability to complete the transaction.
California regulators voted on Tuesday to raise taxes on "alcopops," flavored alcoholic beverages some say are packaged to appeal to youth and contribute to underage drinking.
President Bush said Thursday concern should be shown those who've lost their homes but it's not the federal government's job to bail them out.
Declaring a new direction in energy policy, the House on Saturday approved $16 billion in taxes on oil companies, while providing billions of dollars in tax breaks and incentives for renewable energy and conservation efforts.
U.S. Treasury Secretary Henry Paulson said on Thursday the U.S. business tax system creates distortions in the allocation of capital and must be re-examined to boost the competitiveness of American companies.
U.S. tax authorities are seeking information from two U.S. banks to determine whether complex derivatives trades they undertook for clients, including hedge funds, were designed primarily to avoid taxes, the Wall Street Journal reported in its online edition on Thursday.
French President Nicolas Sarkozy's flagship package of tax breaks passed its first hurdle on Tuesday, winning approval from the lower house of parliament.
Partners of private equity firm Blackstone Group may have devised a way to avoid payingtax on $3.7 billion raised largely in the firm's initial public offering last month, the New York Times reported on Friday.
The German government's plan to reduce companies' tax burden cleared its final legislative hurdle Friday, winning approval from the upper house of parliament.
Richard Breeden, a hedge fund investor and former chairman of the Securities and Exchange Commission, told CNBC he plans to seek three board seats at H&R Block, saying the tax preparer's move into other businesses was hurting the company.