Poland considers a draft law, which stipulates a tax for rainwater. Common citizens, who own a house or an apartment, as well as businessmen and traders will have to pay for rain. The amount of the tax will directly depend on the square that they have in their property, Noviye Izvestia reports. The bill was prepared by the ruling party of Poland, Civic Platform. In reality, it does not go about rain... 

Wealthy tax evaders, aided by private banks have exploited loopholes in tax legislation and stashed over $21 tn in offshore funds, says a report. The capital drained from some developing countries since 1970 would be enough to pay off national debts. ­The findings show the gap between the haves and the have-nots is much larger than previously thought. The document, entitled The Price of Offshore... 

Federal Reserve Chairman Ben Bernanke testified before Congress this week and warned lawmakers that America’s economic future is landing flat on their shoulders. During a Thursday meeting with congressional leaders in Washington, DC, Chairman Bernanke revealed that the dire dilemma of an “Taxmaggedon” coming to America is not just real but likely to rear its ugly head very soon if Capitol Hill... 

The way the Internet operates as we know it could all soon change. A recently leaked document reveals that a European-based lobby group has asked the United Nations to tax American websites that provide services abroad. In December, the leak reveals, the European Telecommunications Network Operators Association (ETNO) approached the United Nations with a proposal that would outline a restructuring... 

Americans denouncing their citizenship in record numbers If you think residing in America is taxing, just talk to one of the many expatriates who is contributing to a shocking statistic recently discovered: across the globe, people are renouncing their US citizenship in record numbers. At least 1,788 Americans officially threw away their US citizenship in 2011, exceeding the totals from 2007, 2008... 

The charismatic Marine Le Pen has campaigned hard against free trade and the European Union, and has pushed the party’s traditional tough line on crime and immigration. Marine Le Pen said she would balance France’s books if elected president by leaving the euro, slashing immigration, taxing imports and tapping the central bank for cheap loans instead of the debt markets. The National Front leader,... 

Obama’s $450 billion employment package to save ONE job: his! Struggling President unveils plan to cut tax for middle class but who pays? Facing a barrage of criticism over his handling of the economy, President Obama last night unveiled a massive $450bn plan to combat the country’s unemployment crisis – and try to save his own job. In a rare address to a joint session of US Congress... 

Calls increased use of liens during tough economic times unnecessary. A government watchdog says the Internal Revenue Service is tormenting struggling taxpayers in the midst of a slumping economy by increasing the number of liens the agency has filed against people who owe back taxes. The IRS filed nearly 1.1 million liens in the budget year that ended in September, a 14 percent jump over the previous... 

Before I disclose the solution of how to fix America, I must give you some background history to validate the solution. America’s economic problems started on February 3, 1913 with the ratification of the 16th amendment (the income tax amendment) signed into law by President Woodrow Wilson then compounded by the Federal Reserve Act, signed into law on December 23, 1913. The first income tax imposed... 

A leading economic think tank has predicted that income tax will increase in stage to 6 pence in the pound to fund “recovery” — while the Lib-Lab-Con axis of deceit continue to conceal their real plans for massive tax hikes. It has been revealed in a report by the prestigious National Institute for Economic and Social Research (NIESR) that plans by the establishment parties to make cuts in spending... 

The newspapers and the bookies say that Belgian Prime Minister Herman Van Rompuy is one of the top candidates for the job as the first “EU President.” A glance at his recent career reveals that he is indeed the “perfect” candidate for the job. As Speaker in the Belgian federal Parliament, he changed the locks to the plenary session room overnight in order to prevent a gathering of parliamentarians... 

Congressional plans to fund a massive health-care overhaul could have a job-killing effect on New York, creating a tax rate of nearly 60 percent for the state’s top earners and possibly pressuring small-business owners to shed workers. New York’s top income bracket could reach as high as 57 percent — rates not seen in three decades — to pay for the massive health coverage proposed...