Parera commended Mukherjee for sticking to the deadline of introducing a uniform goods and services tax by April 2010 and abolishing certain direct taxes--the fringe benefit tax, the commodities trading tax and the 10% surcharge on income tax.

FORBES: International

All sorts of ideas were bandied about, including a Democratic attempt to impose an income tax surcharge on millionaires and the Republican counter to freeze pay for federal employees.

FORBES: Are the Payroll Tax Cuts Being Paid for With Your Home Mortgage?

One is an income tax surcharge on millionaire earners and another is a business tax on energy costs.

WSJ: Assembly gives final OK of $135B NY state budget