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Nine O'ClockOn August 19, Romania’s Finance Ministry filed to the European Central Bank a draft ordinance in which salary cuts applied to employees of the National Bank of Romania (BNR) were “masked,� after the previous ordinance had received a red light from the ECB, HotNews informs.
This is a Backgrounder On TaxesPublished on August 26, 2010 by J.D. Foster, Ph.D. Backgrounder #2454 Abstract: President Obama has called for a huge tax increase to take effect on January 1, 2011. Instead of reducing spending, he proposes to raise taxes on a wide swath of taxpayers—including small businesses—despite the weak economic recovery.
We don’t need stronger banks, we need stronger regulationWe don’t need stronger banks, we need stronger regulation. And if that doesn’t work we should have a super profits tax on the banks, writes Dr Richard Denniss .

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