You have been told that Social Security is an insurance program run by the federal government. You were led to believe that your income would be taxed at a certain rate for the cost of the program. Then in times of medical emergency or upon retire
Unless that farmer has a net worth…all his income plus real property value, minus all his debt that results in a net worth of 3.45 million or more, there is not a rat’s chance in hell they will be subject to any “death tax”. Simple estate planning ca
How insane is the new rule on 1099 filings? It will go way beyond the tracking of those who buy gold coins. If you buy your employees a pizza once a week, that costs $20, you will have to provide your local pizzeria a 1099 form, since the annual...
Wealth is more unevenly distributed. The top 20% of wealth-holders own 84% of America's wealth. What's causing it? One factor is federal policy... most federal subsidies aimed at building wealth go to the richest taxpayers.
Funded and approved by the US Department of Treasury in 1943, this Disney featurette was to encourage every good American to do his "duty" and pay his taxes, which, at this time, were at an all time high. Those who do not wish to pay or don't pay it
Fundamental #1 – internal revenue is a part of the customs. Customs gains revenue for the government by collecting importing duties from foreign countries. Internal revenue gains revenue for the government by collecting importing duties from the U.S.
The Internal Revenue Service plans to stop mailing instructions and paper forms for annual income tax returns, saving the agency about $10 million a year as more Americans are filing online.
About 11.5 million people who filed paper tax returns in
To be voted on after the Nov elections (of course).
A bill that would impose a 1% tax on all banking transactions. Any time a check clears your bank, you make a deposit, transfer funds or use your debit card.
At least 100, and perhaps as many as several hundred, Christian pastors on Sunday will speak out on biblical issues and the political candidates on the November election ballot in direct violation of Internal Revenue Service regulations.
Senate leaders on Thursday abandoned plans to extend a broad array of tax cuts before the November elections, delaying a vote that could affect tax rates for virtually every American.
"One can talk about laws, obedience, services that may or may not be rendered, contributing to society, etc. all one wants, but when push comes to shove taxes are theft."
Secretary of State Hillary Clinton will announce on Tuesday a U.S. contribution of more than $50 million toward providing clean cooking stoves in developing countries to reduce deaths from smoke inhalation and fight climate change.
Taxes must rise while fiscal stimulus needs to be wound down in order to reduce the budget deficit and allow private investment to expand, said former Chairman of the Federal Reserve Alan Greenspan to the Council on Foreign Relations.
By: Lynn Swearingen
As a Wall Street Journal Opinion piece reads today:
The 1099 Insurrection
You might not have seen it reported, but the Senate will vote this morning on whether to repeal part of ObamaCare that it passed only months ago. The
Actor Paul Hogan, star of the "Crocodile Dundee" movies, has vowed to continue fighting the Australian tax office which has barred him from leaving Australia until he pays a massive bill.
Dumping Bush Tax Cuts May Bring Depression.
Many economists are worried about the possibility of a double-dip recession, but former Bank of England official David Blanchflower thinks it could be much worse than that if the Bush tax cuts aren’t exten
This is a story of a 100-year-old trucking company, trying to keep up with the competition in today’s need-it-now, around-the-world, around-the-clock, just-in-time economy . . .
* wanting to return to the days when it operated as an unchallenged
Two hundred and 11 years after his death, George Washington still surprises. The custodians of his old estate at Mount Vernon, Virginia have just begun distilling and bottling whiskey using Washinton’s own recipe. Bet you didn’t know that our First
The Internal Revenue Service said Wednesday that it would overhaul a unit devoted to scrutinizing large corporations and wealthy individuals, a shift that would bolster the agency’s growing focus on international tax evasion.
The Bush administration's "misguided" policies are to blame for huge U.S. budget deficits, Treasury Secretary Timothy Geithner charged on Wednesday as he sought to build an election-year case for ending tax cuts for the wealthiest Americans.
• David Edwards and Daniel Tencer via the raw story
Former Federal Reserve Chairman Alan Greenspan believes that the US should "follow the law" and let the Bush tax cuts lapse. He disagreed Sunday with Republicans who say that tax cuts pay for themselves.
Starting in 2011, next year-the W-2 tax form sent by your employer will be increased to show the value of whatever health insurance you are provided. It doesn’t matter if you’re retired. Your gross income WILL go up by the amount of insurance your...
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