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Study: Alabama income tax on working poor harshest

A national study released Wednesday showed Alabama makes families living in poverty pay higher income taxes than any other state.

Records show Oakland mayor owes IRS back taxes

Oakland Mayor Ron Dellums and his wife owe more than $200,000 in back taxes to the Internal Revenue Service, property records indicate.

Tax relief for small Madoff investors eyed

Tax relief for thousands of small, indirect investors in Bernard Madoff's swindle and other fraudulent schemes appears close to Senate adoption as part of a broader bill to extend unemployment benefits.

Film companies sue over lost Iowa incentives

Filmmakers have filed two lawsuits seeking to force the state to make good on promised incentives to make movies in Iowa.

Health care plan hits rich with big tax increases

The typical family would be spared higher taxes from the House Democratic plan to overhaul health care, and their low-income neighbors could come out ahead.

ND lawmakers exploring property tax credits

State lawmakers are exploring whether to give most North Dakota homeowners the benefit of a property tax credit normally reserved for seniors and people with disabilities.

Pa. company owner admits not paying $6M in taxes

Federal authorities say a central Pennsylvania man has pleaded guilty to failing to pay about $6 million in payroll taxes.

Iowa prosecutors examining $32M in film credits

The Iowa attorney general's office is examining all of the roughly $32 million in tax credits awarded through a program designed to lure filmmakers to the state, a top official in the agency said Tuesday.

Ariz. gov: Tax cuts must wait, more revenue needed

Arizona Gov. Jan Brewer is reiterating that she supports business tax cuts to boost economic development but says they'll have to wait.

Bristol speedway doesn't have to pay $397K tax

A judge in Tennessee has ruled Bristol Motor Speedway does not have to pay $397,000 in taxes for broadcast revenue it made on NASCAR races.

State budgets get adrenaline shot from Clunkers

Struggling states and towns got a dose of badly needed money this summer from a Cash for Clunkers program that poured hundreds of millions of dollars of tax revenue into their budgets.

Extended stalling is over: Tax deadline is Thurs

It may have seemed like you had all the time in the world to file your tax return after you got that six-month extension last April. But if you still haven't sent it in, there's no more stalling.

Higher taxes in health care bill

Congressional tax experts say Senate health care legislation would impose $29 billion more in taxes on health care industries than originally thought.

Governments dip deeper into alcohol tax well

Local governments are choosing to accept the social challenges of alcohol consumption to generate tax revenue. Dry areas are going wet, and others are approving Sunday sales and sales in grocery and convenience stores.

Dems unhappy with proposed tax in health care bill

Unhappy Senate Democrats on Thursday found plenty to complain about in the fine print of the latest health overhaul bill, particularly a tax provision they fear would hit hard at middle-class Americans, from coal miners in West Virginia to firefighters in New York.

IRS says retired Steeler owes $631K in back taxes

The Internal Revenue Service is alleging that a Pittsburgh Steelers Hall of Famer owes more than half-a-million dollars in back income taxes.

Judge rejects Schering-Plough tax refund request

A federal court in Newark, N.J. has rejected Schering-Plough Corp.'s request for a $473 million tax refund related to the drugmaker's efforts to avoid paying taxes on $690 million in overseas profits it brought back to the U.S. from offshore subsidiaries.

After prison, first ‘Survivor’ is broke and bitter

After nearly four years in prison for tax evasion, America’s first reality show star is unapologetic, insisting he was made a victim because of his open homosexuality: “There are personal issues for the prosecutor. The prosecutorial misconduct has been egregious.”

Analysis: Obama struggling to keep no-tax pledge

President Barack Obama is struggling to find a way to pay for an overhaul of the nation's health care system without violating his campaign promise not to raise taxes on the middle class.

White House says no to tax hike for middle class

In a rebuke to the Treasury secretary, the White House said Monday that President Barack Obama remains opposed to any tax hike for families earning up to $250,000.

Gibbs: No tax hike for middle class

The White House spokesman says President Barack Obama is committed to not raising taxes on U.S. families earning less than $250,000.

AP ENTERPRISE: Federal tax revenues plummeting

The recession is starving the government of tax revenue, just as the president and Congress are piling a major expansion of health care and other programs on the nation's plate and struggling to find money to pay the tab.

Amazon.com shows support for veto

Amazon.com has reinstated its associate program with Hawaii-based Internet partners.

Answer Desk: California’s budget mess

The budget mess in California has readers in that state wondering: So just where does my tax money go, anyway? Unraveling that question helps explain why the Golden State's financial problem has so far defied a solution.

House panel passes tax increase for health plan

The House Ways and Means Committee has passed legislation to revamp health care, approving tax increases on the wealthy to help pay for the plan.

The Vine
Auto Execs Urge Government to Tax Fuel up to $8/Gallon to Increase Fuel Efficiency
Source: Daily Tech

At a special Reuters summit in Detroit, numerous auto industry executives are cited as suggesting that the government raise taxes on gasoline substantially to spur the adoption of fuel efficient vehicles.

The Return of the Inflation Tax
Source: Wall Street Journal

The Democrats need your money!

Mayor Won't Defuse Reports of Unsuitable Purchases Outside City

PACIFIC -- Mayor Herb Adams is declining to open his personal purchase records to verify he's making purchases in the city -- as he challenged city taxpayers to do a year ago. Last October, Adams encouraged residents to buy their goods in the city, when possible, to support  …

Climate Bill Clears Senate Committee 11-1
Source: Wall Street Journal

WASHINGTON -- A Senate committee cleared its version of a climate and energy bill, despite a Republican boycott of the vote and a "no" from powerful Montana Democrat Max Baucus.

Congress Extends Jobless Benefits, Home-Buyer Credit - WSJ.com
Source: Wall Street Journal

Congress approved an extension Thursday of federal jobless benefits for as long as 20 more weeks, sending the bill to the White House for President Barack Obama's signature.

How Much Does The Federal Government Take From You? Pt. 1

When was the last time you took time, if ever, to figure out how much our federal government takes, in taxes, from you? Have you really pondered what you give to our government, yearly? It doesn't end April 16th ...

RATS!! City To Pay For Snitching On Tax Cheats
Source: Chicago Sun-Times

Would you be willing to rat out a business that's cheating Chicago on taxes in exchange for a share of back taxes recovered? City Hall is counting on it.

Catholic Pastors Directed To Distribute Anti-Health Care Reform Material At Mass
Source: The Huffington Post

This past weekend the U.S. Conference of Catholic Bishops instructed pastors at parishes across the country to distribute material urging Catholics to oppose the health reform bills making their way through Congress for allowing public funding of abortions.

Oregon Officials Lying About Cost of Environmental Measures
Source: Washington Examiner

Portland has become the laboratory for every new and allegedly forward-thinking urban planning and environmental measure that social scientists can dream up. The problem is that the state's new-found love of progressive policies often comes with a hefty price tag.

A Forthright Comment About Taxes by a Member of the Obama Administration
Source: The Daily Times

Hillary Clinton made the comment that "We (the United States) tax everything that moves and doesn't move", and seems to imply that Pakistan's problem is that they do not do the same.

Taxing "Cadillac" Health Care Plans

I don't think we should be taxing Cadillac health care. It's too cumbersome, too hard to understand and only benefits the tax accountants and attorneys. It is regressive, it hits middle incomes too unfairly, and it is too complicated to understand.

Can Income Tax Hikes Close the Deficit? They'd have to triple if we could not sell T-Bonds
Source: Tax Found'n.

How much would the government have to raise taxes if it could not sell enough Treasury bonds to finance another round of debt? The Tax Foundation crunched the numbers and decided that:

Big Brother Is Watching Your Weight
Source: Slate

"Charging overweight policyholders more is a hot topic among private health insurers. The rationale is twofold. First, fat people are more likely to develop expensive health problems. Second, fat can be avoided or reduced through exercise and healthy eating.

Goshen, IN schools to lose a lot of cash under tax cap
Source: goshennews.com

Members of the Goshen Board of School Trustees Monday learned that the corporation will be losing approximately $232,000 due to the property tax caps implemented as part of the 2008 property tax reform process.

Warren Buffett thinks we should pay more tax. Is he right?
Source: Telegraph

Would the world be a better place if Warren Buffett was the model for how a capitalist should act?

Tax Auction Faces Scrutiny As Detroit Woes Mount
Source: Reuters

To understand why critics say the market-based tax foreclosure system is failing in Detroit, drive up Desoto Street near the city...

Israel Tax Officials Raid Maccabi Office
Source: Wall Street Journal

Authorities raided the management offices of the Maccabi Tel Aviv basketball team amid allegations that the club

Another View of Outsourcing
Source: The New Media Journal Headline News

Until several years ago, I was fortunate to have several people working for me who were talented, intelligent, creative and energetic. They also appreciated the limits of their knowledge and strived constantly to maintain and improve their skills.

obama taxes pacemakers,heart valve
Source: townhall.com

The medical device industry had its day at the White House, as did the insurance industry, the drug makers, the nurses and the doctors.

Panacea or Practicality,Who Decides?

Mental illness or disorders have been on a constant rise for many years nationally and worldwide due to many reasons,a larger populace,widespread economic disillusionment and political propaganda.The need to remedy this or at least smooth over the symptoms is felt by all, either …

Our problem is immorality | The Citizen Online
Source: thecitizen.com

As it stands now, close to 50 percent of income earners have no federal income tax liability and as such, what do they care about rising income taxes?

Tracking Your Taxes: Millions Spent to Send Professors on Vacation
Source: FOXNews.com

As if the life of a college professor weren't easy enough, millions of taxpayer dollars are going to fund monthlong vacations for sightseeing scholars in Europe and South America, part of the $144 million budget provided for the National Endowment for the Humanities.

Mandate Ignites a Fight
Source: Wall Street Journal

Business groups won a big victory last week when a key Senate committee voted to place only modest penalties on employers that don't offer health-insurance coverage. But employers are almost certain to face stiffer penalties in the final Senate health-care overhaul bill.

When Work Doesn't Pay
Source: Forbes

Finding that a raise or second paycheck doesn't always mean living better. Time to work less?

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