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Category Archives: Legislation
Politics First, Solving Problems Second: Dems to Schedule Vote on “Buffet Rule” for April 15th
Today on CBS’s Face the Nation, Senator Chuck Schumer (D-NY) said that Democrats will schedule a vote on the “Buffet Rule” for April 15th. The so-called Buffet rule would raise income tax rates on anyone making $1 million or more … Continue reading
Posted in Legislation
Tagged Buffet.Rule
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2011 Tax Offender of the Year
It’s time again to be considered for that most prestigious of awards, the Tax Offender of the Year. To be considered for the Tax Offender of the Year award, you must do more than cheat on your taxes. It has … Continue reading
Posted in Legislation, Taxable Talk
Tagged TaxOffenderOfTheYear
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Tax Increase to Pay for Tax Cuts? Yeah, That’s Gonna Fly…
President Obama released his jobs bill on Monday. You needn’t read it; it has no chance of passing the House. Back in July, President Obama stated he’s all for compromising. Either way, I’ve told leaders of both parties that they … Continue reading
Posted in Legislation
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Four Pinocchios to President Obama
At a Labor Day speech in Detroit, President Obama stated, “We said working folks deserved a break, so within one month of me taking office, we signed into law the biggest middle-class tax cut in history, putting more money into … Continue reading
Same Old Song and Dance
Governor Jerry Brown would like to increase taxes. That appears to be his message to voters. Voters have rejected several income tax increases over the past few years. It’s as if no one seems to care about the voters. I … Continue reading
Just Make a Check Out to “Bureau of Public Debt”
Warren Buffet penned an op-ed piece where he said the wealthy should pay more tax. The Tax Foundation, imho, opinion gets it right where Mr. Buffet gets it wrong. Rather than repeat what the Tax Foundation wrote, I’d like to … Continue reading
Posted in Legislation
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Cost of Government Day
Americans for Tax Reform released their study on “Cost of Government Day.” This study looks at for an average individual in each state, how long you are working for the Government rather than yourself. On average, you’re working for the … Continue reading
Posted in Federal Budgeting, Legislation
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While I Was Out…
…Nothing much happened, right? (I’m ignoring that AAA/AA+ thing, of course.) The IRS announced that Form 8939 for estates for 2010 will be due on November 15th. However, the form has yet to be released. Joe Kristan noted that the … Continue reading
Posted in California, Estate Tax, International, IRS, Legislation, Tax Fraud
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ObamaCare Unconstitutional; Impact on Taxes?
As most of you know, a second federal court judge has ruled the Health Care Law that passed last year is unconstitutional. Judge Rodger Vinson didn’t just rule that the mandate that health insurance must be bought is stricken; rather, … Continue reading
Raising Taxes Can be Hazardous to Being Mayor
The City of Miami has had financial difficulties, and faced a large budget deficit. The economy in South Florida isn’t doing well, so raising taxes would be a last resort, right? Of course not–it’s the first choice. Mayor Carlos Alvarez … Continue reading
Posted in Florida, Legislation
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