The bottom line

Carry-on baggage becomes a source of revenue; IRS downsizes audits of large corporations; Gas prices rise 4 cents a gallon; U.S. employees shoulder greater workloads; Rising tobacco taxes trigger cigarette smuggling

Carry-on baggage becomes a source of revenue

Budget airline Spirit Airways has become the first airline to charge for carry-on baggage. Starting Aug. 1, Spirit will assess travelers fees of up to $45 for every carry-on bag that doesn’t fit under the seat.

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