The Texas Energy Star sales tax holiday starts Saturday and runs through Memorial Day. Texans are expected to save about $2.9 million over the weekend according to the state comptrollers office. The tax exemption is for air conditioners priced at $6,000 or less, refrigerators up to $2,000 dollars. A Full story
Florida shoppers this August will get to buy computers without having to pay sales taxes. Full story
NEW YORK (Reuters) - Large U.S. companies boosted their offshore earnings by 15 percent last year to a record $1.9 trillion, avoiding hefty tax bills by keeping the profits abroad, according to a new report. Full story
The American Taxpayer Relief Act that helped the country avoid the worst of the fiscal cliff did not include an extension of the payroll tax holiday. CNBC’s Eamon Javers explains why these numbers mean for the average worker.
Tom Porcelli, RBC Capital Markets chief U.S. economist, explains why he is concerned about expiration of the payroll tax holiday and its near-term damage to the U.S. economy.
CNBC's Courtney Reagan reports House Democrat Chris Van Hollen is calling for extending the 2 percent payroll tax holiday; and NBC affiliate WOOD found workers at the Chevy Volt Battery's Grand Rapids plant of LG Chem may be getting paid to do nothing.
Should the so-called tax holiday for Internet firms end? CNBC's Robert Frank and John Carney discuss.
