The Herald says the arrangement saves about 30 other jobs.
Globe publisher Christopher Mayer calls it “an advantageous business opportunity,” particularly since the distribution areas overlap. A Globe subsidiary already distributes some copies of the Herald.
IRS estimate: 17% of taxes owed went unpaid
The Internal Revenue Service is estimating that people and businesses underpaid their taxes by $450 billion in the most recent year studied.
That means they failed to send in 17 percent of the taxes they actually owed.
The data is for 2006, the most recent tax year for which data is available. The IRS estimates it was owed nearly $2.7 trillion in taxes that year.
After IRS audits and other enforcement efforts, noncompliance shrank to 14 percent, leaving the final amount of unpaid taxes at $385 billion.
That’s bigger than the budget deficit that year, which was $248 billion.
The portion of unpaid taxes in 2006 was similar to 2001, the last year the IRS had examined.
Growth spreads to higher-paying industries
Most of the job growth in 2011 was concentrated in industries that tend to pay low wages and skimpy benefits. But toward the end of the year, and especially in December, hiring became broader-based and included more higher-paying jobs.
That trend bodes well for the economy if it holds up.
“It’s clear that the skilled end of the labor market has heated up,” said Paul Ballew, chief economist at Nationwide.