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Michele Bachmann on Taxes: Freedom Isn't Free; Ron Paul Attacks Spending

Republican presidential candidates called for lower, flatter tax rates during a CNBC debate Wednesday night.

But Michele Bachmann took a slightly different tack by stating "Everyone should pay something ... even if it's the price of two Happy Meals."

Noting that 47 percent of Americans pay no federal taxes, the Minnesota congresswoman declared, "Freedom isn't free."

Ron Paul turned the tax question on its head, and went after government spending. He vowed to cut $1 trillion in federal spending in the first year of his administration.

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USF Polytechnic Gains Conditional Approval as Florida's 12th University

Backed by powerful members of the Florida Senate, the Polk County campus of the University of South Florida moved closer to independence Wednesday despite opposition from faculty, staff and other state lawmakers.

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Newt Gingrich: Media Not Reporting How Economy Actually Works

CNBC questioners were booed and Herman Cain was lustily cheered Wednesday as he answered questions about sexual-harassment allegations against him.

Speaking at a GOP debate at Oakland University in Rochester, Mich., Cain reiterated that he did nothing inappropriate with female workers while serving as chairman of the National Restaurant Association.

Mitt Romney sidestepped the subject, saying it was a matter for the public to decide, and CNBC moderators quickly returned to the economic questions that were billed as the topic of the evening.

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GOP Candidates on World Economy: Too Big to Fail, or Too Big to Bail?

On a day when Italy teetered on bankruptcy, GOP candidates said the United States must put its own fiscal house in order.

Mitt Romney and Herman Cain said that only a robust U.S. economy can lift the global economy.

Seeing trouble ahead, Jon Huntsman called for "properly sized banks" and Ron Paul reiterated his belief that public debt must be "liquidated" and that troubled institutions must be allowed to fail to "allow the market to determine the real value."

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Online Hotel Tax Fight Takes New Legal Twist

November 8, 2011 - 6:00pm

With the House raising arguments about separation of powers, a Leon County circuit judge is expected to allow only limited questioning of Rep. Rick Kriseman in a court battle about the hotel taxes paid by online-travel companies.

Expedia last month subpoenaed Kriseman and an aide to give depositions about their roles in distributing potentially damaging company documents to House members and the news media.

Obama Health-Care Law and HIT Will Bring Job Losses, Business Study Finds

November 8, 2011 - 6:00pm

The National Federation of Independent Business released a study on Wednesday that found that the health insurance tax (HIT), one of the key components of the federal health-care law backed by President Barack Obama, would lead to the loss of thousands of jobs across the Sunshine State in years to come.

The study found that the HIT will lead to increased costs of $5,000 per family by 2020 -- and cost the nation between 125,000 jobs and 249,000 jobs by 2021. Fifty-nine percent of those job losses are expected to come at the expense of small businesses.

Working for Fun Is No Laughs in Market Capitalism

November 9, 2011 - 6:00pm

Some of my friends in the conservative blogosphere have been ridiculing a New Yorker named Joe Therrien. I want to put in a good word for him.

Former Florida Rep. Tommy Stevens Dies at 80

Former Florida Rep. Thomas Tommy Stevens Sr., a citrus grower and an insurance executive from Dade City, died Sunday, the Housespeaker's office announced.

Stevens, who represented parts of Hillsborough, Citrus, Pasco and Hernando counties from 1962 to 1972, was 80.

The family is receiving friends today from 6 p.m. to 8 p.m. at Bevis Funeral Home in Tallahassee.

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