In several states, some governors were caught off guard by how personal income tax payments fell well below expectations. But, states should not have been so surprised, writes Norton Francis.
A new report out from the China Internet Network Information Center says that, in the first half of 2014, China added fewer Internet users than any other time in the past eight years.
The downing of a Malaysia Airlines jetliner last week is further straining relations between Russia and the West over Ukraine. That could spell trouble for several major oil companies operating in Russia.
As Congress tries to ban the practice of inversions – when US based multinationals merge with foreign firms to lower their tax bill – it actually puts Congress and US corporations on a destructive path, writes Howard Gleckman. What does that mean for reform within US corporate tax system?