Cracking U.S. tax code: few new home breaks (Richmond Times-Dispatch)
There’s always a little pain involved in wading through the U.S. tax code. Yet you can ease the dull ache of dealing with Internal Revenue Service forms and language when you find provisions that will lower your bill. There are plenty of plums and pits in this year’s everchanging version of tax write-offs. Some deductions are designed to pump up the flagging U.S. economy, while others are meant …
Debt time bomb over repossessions (BBC News)
As fears grow of another crash in the property market, some of those who had their homes repossessed in the last housing slump are still suffering the consequences.
Free-market thinking takes hit from US economic crisis (AFP via Yahoo! News)
A deepening economic crisis has led to unprecedented actions by US policymakers that raise questions about how far government regulation should go in a free-market economy, analysts say.