Unusual Tax Punishment

This is a new one… a soccer team in Italy has been docked a point in the standings for failing to file their taxes on time…

Soccer365
Siena have been deducted a point in Serie A for failing to pay their tax bills on time.
The Tuscany-based club missed the payment deadline and have now been docked a point.
Siena president Paolo De Luca told http://www.gazzetta.it: “It’s a staggering punishment.
“We will appeal even if this verdict is very demoralising.”
Serie B club Pescara has been hit with a similar punishment

Filed under: Economics

God hates the minimum wage

At least the God of Colorado… see Stop 42 Television Ads
Meanwhile economists seem to like it…

Filed under: Economics

Hubbard / Tyson

A conversation with economists Laura Tyson and Glenn Hubbard – May. 1, 2006
A conversation with economists Laura Tyson and Glenn Hubbard
Two economists join FORTUNE for a discussion of the current and future U.S. economy, the trade deficit and tax changes.
FORTUNE Magazine
By Justin Fox, FORTUNE editor at large
May 1, 2006: 12:39 PM EDT
NEW YORK (FORTUNE) – Following is an interview with Laura Tyson, dean of London Business School and former chairman of the Council of Economic Advisers during the Clinton administration, and Glenn Hubbard, dean of the Columbia Business School and chairman of the Council of Economic Advisers in the first years of the Bush administration.
FORTUNE: How are we doing?

Filed under: Economics