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Recent Federal Tax NewsSuper tax discourages extra saving: ASFA (Sydney Morning Herald)The federal government's 15 per cent tax on superannuation contributions discourages people from saving extra and disadvantages those on lower incomes, industry players say.Group wants inheritance tax junked (Bismarck Tribune)A national group that is promoting permanent repeal of the federal inheritance tax is airing a television ad urging Democratic Sens. Byron Dorgan and Kent Conrad to support the cause.Bernanke's intervention upsets die-hard tax cutters (FT.com via Yahoo! News) Ben Bernanke, the chairman of the Federal Reserve, has been drawn into the heated tax debate between Republicans and Democrats, arguing that tax cuts can boost growth and efficiency but "do not wholly pay for themselves".Tax cuts don't wholly pay for themselves: Bernanke (Reuters via Yahoo! News) Federal Reserve Chairman Ben Bernanke said tax cuts can spur greater economic activity and boost economic efficiency, but generally do not wholly pay for themselves.Tax cuts don't pay for themselves: Bernanke (CNN Money)Fed Chair's comments come in letter to California lawmaker. WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said tax cuts can spur greater economic activity and boost economic efficiency, but generally do not wholly pay for themselves.Former Federal Prosecutor Indicted In Tax Avoidance (WRAL-TV 5 Raleigh)A former top federal prosecutor who later headed the North Carolina Republican Party and was a Superior Court judge was named Tuesday as a suspect in a tax fraud conspiracy.Useful online resources for federal tax
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