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Deduct This: The History of Student Loan Interest

13 June 2011

This week, I reached a pretty significant milestone: I finally paid off my undergraduate student loans. Hold the champagne: I now get to plug away at graduate loans which are much bigger. Don’t read too much into that, it’s not a complaint in the real sense. I have always considered my education an investment and [...]

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Happy Tax Day (er, Sort Of)

1 March 2011

On February 3, 1913, Delaware became the 36th state to ratify the Sixteenth Amendment. On February 25, 1913, then Secretary of State Philander Knox (from Pennslyvania) announced that the amendment had been ratified by the necessary three-fourths of the states (six more states ratified the amendment after the fact). The amendment imposed a federal income [...]

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President’s Day: Presidential Moves #5

21 February 2011

In honor of President’s Day, I thought it would be fun to try and match U.S. Presidents to their tax policies. For purposes of clarification, I am well aware that tax legislation is Congressional, not presidential, but the President sets the tone for policy and action, so that’s the framework we’re using for the tax [...]

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President’s Day: Presidential Tax Moves #4

21 February 2011

In honor of President’s Day, I thought it would be fun to try and match U.S. Presidents to their tax policies. For purposes of clarification, I am well aware that tax legislation is Congressional, not presidential, but the President sets the tone for policy and action, so that’s the framework we’re using for the tax [...]

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President’s Day: Presidential Tax Moves #2

21 February 2011

In honor of President’s Day, I thought it would be fun to try and match U.S. Presidents to their tax policies. For purposes of clarification, I am well aware that tax legislation is Congressional, not presidential, but the President sets the tone for policy and action, so that’s the framework we’re using for the tax [...]

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President’s Day: Presidential Tax Moves #1

21 February 2011

In honor of President’s Day, I thought it would be fun to try and match U.S. Presidents to their tax policies. For purposes of clarification, I am well aware that tax legislation is Congressional, not presidential, but the President sets the tone for policy and action, so that’s the framework we’re using for the tax [...]

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Tax Trivia: Excise Taxes

8 January 2011

We have a winner! See the correct answer in the comments. Our next tax trivia question for the giveaway is: To pay for the Civil War, Congress (for the Union) passed new excise taxes in 1862 on a number of items. Which of the following did not receive a new or additional tax as part [...]

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Tax Pros Engage in Case of “Anything You Can Do, I Can Do Better”

4 October 2010

I read a lot of tax-related blogs over the course of the day. And I usually prefer to write something myself rather than rely on the words of other folks. But there’s no way I could have done justice to this discussion about the hyperbole race over the Bush tax cuts/hikes (depending on which side [...]

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Happy Labor Day!

6 September 2010

Happy Labor Day! The first Labor Day was celebrated 128 years ago in New York City as a tribute to the “social and economic achievements of American workers.” Oregon became the first state to actually make it a holiday, followed by Colorado, Massachusetts, New Jersey, New York, Connecticut, Nebraska, and Pennsylvania. Over the next ten [...]

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Guest Post: History and the Bush Tax Cuts

31 August 2010

This week, I’ve asked readers to chime in on the Bush tax cuts. This guest post is courtesy of “A citizen proud to pay his fair share of taxes” (for more on the topic, see the original post): In the 1980′s the social security fund and the general fund were combined to make the deficits [...]

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