Economy

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White List before Banks Pay Electronically

http://www.cbsnews.com/8301-505124_162-57467265/hackers-target-small-businesses/?tag=cbsnewsSectionsArea;cbsnewsSectionsArea.1 I was recently informed that my business had its banking and my personal information stolen in the Global Payments Hack.  We formally used the company to process credit cards.  And they apparently allowed my personal and small business information to get out into the wild.  Global Payments is now paying for one year of …

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Progress on Controlling Special Interest Tax Breaks

Many citizens would welcome lower taxes, but most also question the effectiveness of special tax breaks for particular groups or industries. Special tax breaks tend to encourage crony capitalism by placing the government in the position of picking winners and losers in the economy. Fortunately, we have recently started to make some progress towards bringing special interest tax breaks under better control.