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Sin taxes anti-poor, unrealistic, Enrile says (Manila Standard Today)
administration proposal to raise taxes on cigarets and liquor, calling it “anti-poor” and “unrealistic.” Enrile also slammed the Finance and Energy Departments for opposing his two pet bills that, he said, were aimed at reducing power rates in the country.

RANTS & RAVES: We already pay more than enough in taxes (The Florida Times-Union)
Enough is enough. I oppose any hike in the property taxes. We already pay more than enough in taxes ... The state just raised fees on driver's licenses, registrations and many other things by almost 100 percent. The federal government ... wants to tax employer-provided health care, which will raise our taxes, and if Obama gets his way we will be taxed for universal health care in the near ...

Israel’s N-trig Says New Touch Technology Bolsters IPO Plans (Bloomberg)
July 3 (Bloomberg) -- N-trig, an Israeli technology start- up that has designed a touch computer device, may go public next near in New York and could command a market value of $1 billion, Chief Executive Officer Amihai Ben David said.

Obama to Putin: Cold War way is 'outdated' (USA Today)
President Obama said former Russian President Vladimir Putin and his hand-picked successor should expect an in-person reminder the Cold War is over when the U.S. leader makes his first trip to a Moscow summit.

Luring law adds cellular technology (Boulder Daily Camera)
A new law that took effect this week makes it illegal to lure children under age 15 through sexually-explicit text messages or cell-phone pictures, signifying a shift in popular technology and giving prosecutors another tool to catch predators.

American Revolution War Museum Rebuffed (NPR)
A final Revolutionary War battle has come to an end. Plans for a $200 million museum complex inside Valley Forge National Historical Park — where George Washington's army once camped — have been scrapped. After vocal opposition and legal challenges, the planned American Revolution Center will now be built about 25 miles away, in the heart of Philadelphia. Peter Crimmins reports.

Budget: Of taxes and what people want (rediff.com)
Recommendations on direct taxes vary from seeking cut in corporate tax, re introduction of standard deduction for salaried employees, removal of STT, DDT, etc.