Taxes 2010
Ambac Sues U.S. Over $700 Million in Tax Returns
Ambac Financial Group, which Monday declared bankruptcy, is suing the U.S. for attempting to seize $700 million in tax refunds. The bond insurer warns that seizing the refunds could ruin its chances of reorganizing.
Voters Nationwide Push Back Against Local Tax Cuts
Despite the recession and Tea Party cries of "Taxed Enough Already," a surprising number of communities across the country voted to keep their tax burdens at current levels.
