Private and household consumption rebounds in South Korea. (The Trade) [www.clipsyndicate.com | Bloomberg]
When shopping online, do you pay a sales or use tax? According to state tax leaders, that's what is supposed to happen. While many businesses remit a sales tax to the state, others don't have an online sales tax. If that's the case, shoppers are supposed to fill out a remittance form... and pay the state a 5 percent sales tax for purchases. The problem is, most North Dakotans don't even know they're supposed to be doing this. It's also nearly impossible to enforce... and today alone could result in thousands of dollars of lost revenue to the state. State tax commissioner Cory Fong says they also want to make sure businesses are being treated fairly. (Cory Fong/State Tax Commissioner) "To make sure that our online companies are being treated the same as our businesses downtown that have been doing the job of collecting and remitting sales taxes and so that's just as important as the revenue loss by trying to create that fair playing field for our in-state businesses." Fong says in the past five years there has been a streamline sales tax effort by a number of states trying to solve the internet tax problem... If you have questions about internet taxes... visit www.nd.gov/tax... You can also find a remittance form on that website. [www.clipsyndicate.com | KXMC CBS Bismarck North ]
The Walleye are just wrapping up a weekend series with the South Carolina StingRays. Attendance has been pretty solid so far in the early going here, and that's going to be key when it comes to paying for this place. [www.clipsyndicate.com | WUPW FOX Toledo, OH]
There was a long ling of people waiting all day in the cold to pay off their late tolls. [www.clipsyndicate.com | KXAN NBC 36 Austin]
When shopping online, do you pay a sales or use tax? According to state tax leaders, that's what is supposed to happen. While many businesses remit a sales tax to the state... others don't have an online sales tax. If that's the case, shoppers are supposed to fill out a remittance form... and pay the state a 5 percent sales tax for purchases. The problem is, most North Dakotans don't even know they're supposed to be doing this... It's also nearly impossible to enforce... and today alone, could result in thousands of dollars of lost revenue to the state. State tax commissioner Cory Fong says they also want to make sure businesses are being treated fairly. (Cory Fong/State Tax Commissioner) "To make sure that our online companies are being treated the same as our businesses downtown that have been doing the job of collecting and remitting sales taxes and so that's just as important as the revenue loss by trying to create that fair playing field for our in-state businesses." Fong says in the past five years there has been a streamline sales tax effort by a number of states trying to solve the internet tax problem... If you have questions about internet taxes... visit www.nd.gov/tax... You can also find a remittance form on that website. [www.clipsyndicate.com | KXMB CBS Bismarck North D]
Bay County has a plan to raise money in an effort to beef up their tourism advertising -- and one organization says it won't cost local residents a dime. [www.clipsyndicate.com | WNEM Flint, MI]
Maine is getting national attention for weatherization efforts, and now officials are launching a program to help low-income Mainers. News 8's Steve Minich reports. [www.clipsyndicate.com | WMTW ABC 8 Portland ME]
02:00
Miller Tabak's Boockvar Discusses Fed Reverse-Repo Tests: Video
Nov. 30 (Bloomberg) -- Peter Boockvar, an equity strategist at Miller Tabak & Co., talks with Bloomberg's Pimm Fox about the Federal Reserve's planned test of one of the tools for the eventual withdrawal of the central bank's unprecedented monetary stimulus. The New York Fed said it will conduct "small scale, real value" three-way reverse repurchase transactions in coming weeks. (This is an excerpt of the full interview. Source: Bloomberg) [www.clipsyndicate.com | Bloomberg]
After a 6:45am meeting council members in Hudsonville voted and will take the national stimulus worth $112,000 to fix the pothole-riddled 36th Street between Van Buren and the city limits. [www.clipsyndicate.com | WOOD NBC 8 Grand Rapids]
By next year about a billion dollars in stimulus funds will have been pumped into Massachusetts school districts. The funds have avoided lost jobs and program cuts. But when the money runs out, schools could face a grim scenario. [www.clipsyndicate.com | WCVB ABC 5 Boston MA]
The state’s latest budget troubles have some people raising questions. Could efforts to close the deficit mean some higher taxes? [www.clipsyndicate.com | WTNH ABC 8 New Haven]
T12 Food fight [www.clipsyndicate.com | WPRI CBS 12 Providence]
If you haven't paid your tolls in Central Texas, you're just a few hours away now from losing a 90 percent discount. [www.clipsyndicate.com | KXAN NBC 36 Austin]
Kennedy speaks out [www.clipsyndicate.com | WPRI CBS 12 Providence]
This year and next, the federal government is offering homeowners a tax credit of up to 30% for windows and doors designed to make homes more energy efficient. [www.clipsyndicate.com | WISH CBS 8 Indianapolis]
As old man winter prepares to make his return, more western New Yorkers than ever are learning about home heating help. [www.clipsyndicate.com | WIVB CBS 4 Buffalo]
Nov. 30 (Bloomberg) -- Joseph Balestrino, a fixed-income market strategist at Federated Investors Inc., talks with Bloomberg's Julie Hyman and Mark Crumpton about the outlook for the U.S. bond market. Ten-year note yields touched the lowest since Oct. 2 last week after Dubai World, a state-owned holding company, announced that it was seeking to delay loan payments. The U.S. will announce on Dec. 3 how much it will sell next week in 3- and 10-year notes and 30-year bonds. (Source: Bloomberg) [www.clipsyndicate.com | Bloomberg]
Students are planning a protest against Pittsburgh mayor Luke Ravenstahl's plan to tax the tuition of students attending colleges and universities in the city. [www.clipsyndicate.com | WTAE ABC 4 Pittsburgh PA]
Congressman David Obey (D - WI) proposed a bill that will tax Americans for the cost of war, but support for the bill is divided. [www.clipsyndicate.com | KGTV ABC San Diego]
02:00
Noon Update: Hamilton County Commissioners Vote to Keep Property Tax Rollback Credit
[www.clipsyndicate.com | WKRC CBS 12 Cincinnati]
online shopping day [www.clipsyndicate.com | KXAN NBC 36 Austin]
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