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  • Illustration: Corporate taxes by Alexander Hunter for The Washington Times

    ARNOLD: A day to rue our foolish corporate tax rate

    April Fools' Day marked the one-year anniversary of the United States having the highest corporate-tax rate in the industrialized world. Unfortunately, the economic damage this policy causes is no joke.

  • "Firms that conduct audits knowing they cannot comply with laws requiring access to these work papers face serious sanctions," said Robert Khuzami, SEC enforcement director. (Associated Press)

    Chinese firms refuse to comply with SEC

    Federal regulators have charged the Chinese affiliates of five of the biggest U.S. accounting firms with impeding the government's investigation of Chinese companies by refusing to turn over documents.

  • Missing out on ‘Lincoln’ film costly to D.C.

    Abraham Lincoln took on bloodshed among the states and the shame of slavery during his four years in the White House, thwarting plans of the Confederacy headquartered 90 miles to the south in Richmond.

  • Larry Beasley, The Washington Times' new president and chief executive officer, at The Times' building in Washington, D.C., on Tuesday, Oct. 16, 2012. (J.M. Eddins Jr./The Washington Times)

    New Times CEO moves quickly to name leadership team, set path to profitability

    Larry Beasley, The Washington Times' new chief executive officer, moved quickly Tuesday to name his own leadership team and set the 30-year-old newspaper on an unambiguous path toward profitability.

  • Hill panel gets earful from small business about ‘fiscal cliff’

    With the so-called "fiscal cliff" quickly approaching at the end of the year, small-business owners on Thursday told a House subcommittee that the Obama administration's tax proposal would hurt the nation's leading job providers and prevent them from hiring or increasing wages and benefits.

  • ** FILE ** Maryland Gov. Martin O'Malley (Barbara L. Salisbury/The Washington Times)

    O'Malley blog rebutting exodus report causes stir

    Maryland Gov. Martin O'Malley's office took a swipe at a grass-roots citizens' group over a report claiming people are leaving Maryland for Virginia, beginning a fight in cyberspace between the governor, the citizens' group and an established nonpartisan tax research organization.

  • Obamacare would also hike capital gains tax

    In "Relief from Taxmageddon" (Commentary, June 20), Emily Miller made a point that cannot be repeated often enough: Combined with the tax increases included in the Obama health care plan, allowing tax rates to ratchet up from 2001 levels would result in a historic overall tax increase.

  • Groupon replaces 2 directors

    Online deals company Groupon Inc. said Monday that it will replace two board members with executives from American Express Co. and accounting firm Deloitte LLP.

  • Groupon says 4th-quarter was weaker than reported

    Groupon Inc. said Friday that its fourth-quarter loss was wider than initially reported because it needed to increase the amount of money it sets aside for refunds.

  • Economy briefs

    The Federal Reserve said Wednesday that it had sold $6.2 billion of assets once held by bailed-out American International Group Inc. to New York investment bank Goldman Sachs.

  • Jean Claude Trichet, president of the European Central Bank, whose position has less direct authority than that of the U.S. Federal Reserve chairman, has had to build consensus among the member nations of the eurozone in the debt crisis. He steps down this month after eight years at the ECB's helm. (Associated Press)

    European bank left with riskier role

    Jean-Claude Trichet, the euro's chief guardian, this month will leave the European Central Bank (ECB) in a very different place from when he took the helm in 2003, with a dramatically expanded role to fight the government debt crisis.

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