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A few moderate Ohio senators trying to craft a compromise to fix Ohio's budget gap are being thwarted by two opposing forces: the majority of Republican senators who adamantly oppose any portion of Gov. Ted Strickland's tax cut delay, and the Democratic governor's outright rejection of the compromise.
Wesley Snipes' attorneys asked a federal appeals court Friday to review an "unreasonable" three-year prison sentence for the film star, who was convicted a year ago on federal tax charges.
More than 314,000 taxpayers made inaccurate claims for a popular tax credit that helps pay college expenses, getting $532 million they weren't entitled to receive, a government report said Thursday.
A Wyoming legislative committee voted against sponsoring two bills to tax wind energy development.
Iowa's tax laws force poor residents to pay a much higher percentage of their income in taxes than the state's wealthiest citizens, according to two researchers who called for lawmakers to overhaul the system.
Ohio lawmakers were deadlocked once again on how to fix Ohio's budget, as a Senate Republican proposal blending most of Gov. Ted Strickland's tax cut delay with a slew of other funding sources met with swift Democratic opposition.
Health care legislation headed for the Senate floor includes higher payroll taxes for upper income wage earners.
Prosecutors say the owner of a storied New York City bagel business shortchanged the state out of a lot of dough by cheating on taxes.
President Barack Obama's choice for a top job in the Treasury Department did not disclose all of her late tax payments until she was repeatedly prodded by Senate investigators, a congressional report issued Wednesday said.
A business lobbying group that helped create a package of tax changes says it supports a plan to delay income tax cuts to balance Ohio's budget.
A three-judge panel Tuesday rejected another challenge to state constitutional amendments that give property tax breaks to Florida's primary homeowners, but not to owners of second homes.
More than 14,700 U.S. taxpayers came forward to disclose billions in offshore bank accounts in 70 countries under a voluntary Internal Revenue Service program allowing most to avoid criminal prosecution as long as they pay what they owe, IRS officials said Tuesday.
With a simple marketing twist, tobacco companies are avoiding hundreds of millions of dollars a year in taxes by exploiting a loophole in President Barack Obama's child health law.
A Bismarck state senator says North Dakota's insurance premium tax on nonprofit health insurance companies should be abolished.
The Dutch government plans to bring the polluter-pays principle into the home garage.
ELKHART, Ind. - In hard-hit Elkhart, Ind., there are glimmers of economic hope as some recreational vehicle makers and other companies have begun hiring again after a long downturn.
After Richard Handy of Fairfield received an e-mail from a conservative group calling Gov. Ted Strickland's proposed delay of Ohio's income tax cuts a "retroactive tax increase," Handy fired off a few passionate words to some state senators.
Indiana taxpayers may not be in the mood to pay for bigger, better schools in tough economic times, but they're more willing to help school districts make ends meet in most cases.
A list of some of the state tax exemptions, credits and deductions approved by lawmakers and the Oklahoma Tax Commission's estimate of their cost:
Federal authorities said twin sisters from the Detroit area sold their children's Social Security numbers to people who claimed the kids as dependents on their tax returns. Karhonda and Kashaunda Prophet were charged Thursday with assisting the preparation of false returns over a two-year period.
Yoga practitioners are criticizing a Missouri sales tax that applies to yoga classes, claiming they should be exempt because the lessons include spiritual elements.
A group of online travel services companies plans to appeal a $20 million verdict awarded to more than 170 Texas cities in a dispute over hotel occupancy taxes.
North Carolina lawmakers returned Tuesday to resume conversations on overhauling the state's tax system as soon as next spring after House and Senate Democrats couldn't agree on a plan before the Legislature adjourned in August.
Despite living in one of the nation's most heavily taxed states, Maine voters on Tuesday soundly rejected proposals that would have reduced automobile excise taxes and put limits on future increases on state and local government spending and taxes.
Federal authorities have filed lawsuits against seven people accused of promoting a bogus tax return scheme seeking a total of $562 million in refunds.
The New house senate health care bill that Reid is trying to push though the senate was coupled with bill HR 3590 which is to admen the Internal Revenue code of 1986 for first time homebuyers credit for Armed Forces and Federal employees with the addition of " and for other pur …
Obama: Debt Could Fuel 'Double-Dip Recession'"I think it is important, though, to recognize if we keep on adding to the debt, even in the midst of this recovery, that at some point, people could lose confidence in the U.S. economy in a way that could actually lead to a double-dip recession." -Obama
Leftists' Lament: The Tea Party Express Tour is OVER...for Now!My patience was short with the newspaper reporter. I am Lloyd Marcus, singer/songwriter, black conservative activist and participant on the national Tea Party Express II tour: 19 states, 40 rallies. At our final rally in Orlando, Florida, a reporter approached me.
Pelosi's New Payroll Tax: A Whip for Socialized Medicine Rep. Joe Barton of Texas, ranking Republican on the Energy and Commerce Committee, set out a startling scenario in floor debate Saturday before the House approved the health care bill pushed by Speaker Nancy Pelosi.
AP Sources: Reid eyes payroll tax hike on wealthyMajority Leader Harry Reid is considering a plan for higher payroll taxes on the upper-income earners to help finance health care legislation he intends to introduce in the Senate in the next several days, numerous Democratic officials said Wednesday.
States Draw Up Plans for Year of Even Bigger Budget CutsAfter months of spending cuts and layoffs, states are drawing up plans for tax increases and an even larger round of service reductions next year as budget shortfalls continue to widen.
World Freedom Day 2009 - 20th Anniversary of Reagan's achievementI wish I'd posted this the day before yesterday - on World Freedom Day... Americans for Tax Reform is an organization that has been especially successful, in promoting the Reagan Legacy. Please check out this link, from ATR. Celebrate VICTORY over communism!!
Hundreds protest fairgrounds saleHundreds of residents who are worried about the sale of the fairgrounds showed up this morning at Costa Mesa City Hall armed with questions. State Assemblymen Jose Solorio and Van Tran hosted the meeting.
Washington, D.C. - In a stunning and totally unexpected move, the Obama administration has suddenly pulled the rug from under the anti-smoking movement and is set to reverse laws prohibiting the use of tobacco in public places.
If you were the president of USA, what would you do to make America better? Better as in economic sense, justice, quality of life, etc...
Health Care Reform Assumes Millions Would Pay Fine Rather Than Get CoverageThe nonpartisan Congressional Budget Office estimated in its study last week that the House health care bill would bring in $167 billion over 10 years in penalties from those who don't get coverage.
An update on the first time Homebuyers credit.Although the cerdit may be extended to a broader group of tax payers, as well as a higher income bracket. It will be scrutinized by the I.R.S. for poachers. read on.
Limbaugh doesn't let "damn convoluted language" stop him from misinforming on health bill"Rush Limbaugh falsely claimed that a section of the version of the health care reform bill unveiled by Speaker of the House Nancy Pelosi will cause small businesses to "lose their tax breaks for health coverage" and asserted that "it's hard to tell from the damn convoluted langu …
$160,000 Per Stimulus Job? White House Calls That 'Calculator AbusePosting its results late this afternoon at Recovery.gov, the White House claimed 640,329 jobs have been created or saved because of the $159 billion in stimulus funds allocated as of Sept. 30.
New threat for UK's offshore havensBritain's tax havens will be read the last rites tomorrow when a Treasury commissioned report will tell them to raise new taxes if they are to survive the economic crisis.
Wealthy Germans launch petition for higher taxesSome rich Germans have launched a web petition to call for the resumption of a wealth tax to help the country bounce back from an economic crisis, because, as one said, he had "a lot of money I do not need."
Home Buyer Tax Credit Results in FraudAbout 19,350 taxpayers claimed $139 million worth of tax credits for homes they had not yet purchased, and about 70,000 taxpayers claimed more than $479 million in credits despite evidence they were not first-time home buyers, according to a report by the Treasury Inspector Gener …
What a fat tax really means for America. - By Daniel Engber - Slate Magazine"Not long after the attack on Pearl Harbor, in the winter of 1942, physiologist A.J.
Medical entrepreneurs step up lobbyingLeaders of early-stage medical device companies are worried the Obama administration's health system overhaul could devastate the industry and have formed a new lobbying organization whose goals include killing a proposed $40 billion, 10-year-tax targeting their products.
Tax Deductions For Pets? The HAPPY Bill Congressman Thaddeus McCotter of Michigan has introduced a bill that would change the U.S. Tax Code by allowing a new itemized deduction: pet care. The HAPPY Bill, House Resolution 3501, is the Humanity and Pets Partnered Through the Years Act.
Estate tax simplification? Dream onThe estate tax, usually referred to as the "death tax" by its opponents, is on track to be repealed come Jan. 1, 2010. Yeah, right. Technically, that's on the horizon. But don't count on that happening.
IRS crackdown brings tax-evasion secrets to lightCaught in the ongoing U.S. crackdown on offshore tax evasion, the 70-year-old businessman acknowledged the maneuvers to federal prosecutors and tax authorities as he pleaded guilty in July to one count of filing a false tax return. Chernick faces an Oct.
Dems infight over health bill fundingSpeaker Nancy Pelosi has a tax problem: The so-called millionaire's tax that her fellow House Democrats want to use to pay for the bulk of their health care legislation won't keep pace with rising costs.
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