Tax time grows heavier for Americans says IRS data
The average person spends more than a day and $207 to file for 2006 with time cost measured at 26.5 hours and $92.6 billion in time value. Corporations face about $170 billion in compliance costs, while Congress adds complexity. IRS refunds total around 70 million at $2,467 each. stimulus checks delay and tax policy changes loom, with oversight noting a $290 billion tax gap.
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Internal Revenue Service
National Taxpayers Union
General Electric
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Douglas Shulman
NTA
Congressional Joint Committee On Taxation
House
Ing
Chamber
Senate
Charles Schumer
D-N.y
Daniel Akaka
Hawaii
Independent
IRS Oversight Board
Delta Northwest merger faces unions and antitrust hurdles
Delta and Northwest plan a joint airline in Atlanta with Richard Anderson to lead. Shareholders gain a premium. Northwest valued over 3.6 billion. Unions oppose and pilots split on seniority while regulators must approve the deal. Executives target year-end closing amid past antitrust caution.
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Delta
Northwest
United Airlines
US Airways
Atlanta
Richard
Declarer errs with heart finesse in four spades deal
In a bridge deal where South reaches four spades after a diamond opening lead, the declarer faces a first trick decision. He chooses to finesse the heart, risking the contract. expert play would have won by drawing trumps and conceding a club, guaranteeing the contract. Tomorrow: Whats in a name.
MENTIONED IN THIS ARTICLE
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South
West
East
Sudoku puzzle briefing for the week edition
A next edition Sudoku feature explains the 9x9 grid rules. Players place numbers 1 through 9 so every row, column and 3x3 box contains each number once. Difficulty advances from Monday to Saturday with varying challenges.
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By Dave Green