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A careful examination of the construction of national income and product accounts provides remarkable insight into professional and popular thought ab...
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NEW YORK -- Fitch Ratings assigns an 'AAA' rating to the following securities issued by Delaware Investments National Municipal Income Fund (VFL), a m...
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PHILADELPHIA -- The Boards of Trustees / Directors of Delaware Investments National Municipal Income Fund (NYSE Amex: VFL) (the "National Muni Fund") ...
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Recent economic developments, particularly the globalization of capital markets, has made enforcement of national income taxes increasingly difficult. These enforcement issues go beyond mere tax competition for real economic activities. Because of the ease of shifting income even in the absence of a shift in real economic activity, nations find it difficult to collect taxes on income that could not be earned anywhere other than within their borders. A primary cause of this difficulty lies in the failure to devise effective methods of taxing the domestic income of foreign corporations. All too often, such income ends up subject to tax only in low- or no-tax jurisdictions. In the end, there may be no "solution" to the problem of taxing income derived from international transactions. Gove...
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PHILADELPHIA -- Delaware Investments National Municipal Income Fund (NYSE Amex: VFL) (the "National Muni Fund") today announced that the acquisition o...
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Over the past year, the low-income housing tax credit program has undergone a notable transformation. State agencies have been laboring to interpret the new provisions, and have been issuing policy memos to respond to the changes. On the compliance side, some of the Housing and Economic Recovery Act of 2008 (HEAR) provisions can present difficulties or confusion for site managers and staff who do not know about or do not fully understand just what all of these changes entail. Currently, projects placed in service during 2006, 2007, or 2008, and which are located in a non-metropolitan area within the Gulf Opportunity Zone are able to use the greater of the median gross income standard or the national non-metropolitan gross income standard. For 9 percent LIHTC sites located in certain ru...
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To: BUSINESS EDITORS
Contact: Shareholder Contact: 1-800-221-5672
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PHILADELPHIA -- Delaware Investments National Municipal Income Fund (NYSE Amex: VFL) (the "Fund"), a closed-end management investment company, today a...
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Can't argue with the numbers
According to the U.S. Census Bureau, the national median household income for 2010 was $49,445 per year. That equates to approximately $3,455 take-home pay per month.
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Commercial National Finance Corp. of Latrobe, parent company of Commercial Bank & Trust, said first quarter net income rose slightly to $1.36 million,...