Ben Stein may be known best by my generation knows as the best as the economics teacher in the movie Ferris Bueller’s Day Off (”Bueller…. Bueller….?). But he is also an attorney, former presidential speechwriter (for Nixon and Ford) and regular newspaper columnist for the New York Times.
Stein’s political beliefs generally tilt towards the […]
It turns out that while the US has been facing record budget deficits, Iraq has been doing pretty well. US auditors have predicted a budget surplus of $80 billion in Iraq: 94% of that revenue comes from oil.
It’s not surprising. Oil revenues are at their highest point in years while the […]
John McCain and Barack Obama both promise to be fiscally responsible and not raise taxes on the middle class if elected president. It’s a tall order no matter who wins… the current White House has released information about the country’s economic status and it’s not good news.
Last week, the White House estimated that […]
A few weeks ago, at BlogHer in San Francisco , I sat in during a political debate between reps from the McCain and Obama camps. It was perhaps one of the best sessions at BlogHer - they tackled some of the issues that were on our collective minds.
I had lots of thoughts about the […]
The proposed gas tax holiday has officially been scrapped.
Of course, this shouldn’t be news - the tax holiday was planned to start on Memorial Day as the kick off to the summer holiday season. Considering that we’re about six weeks away from Labor Day (the proposed end), the idea that the holiday won’t happen […]
Taxpayer asks:
Is this true? Post this on taxgirl.com with an answer please.
Windfall Tax on Retirement Income
Adding a tax to your retirement is simply another way of saying to the American people, you’re so darn stupid that we’re going to keep doing this until we drain every cent from you. That’s what the Speaker of the […]
The Senate voted overwhelmingly (76-10) to advance a mortgage rescue plan to save hundreds of thousands of homeowners from foreclosure. The plan focuses on a $300 billion FHA program to allow homeowners who are currently considered too risky to qualify for government-backed loans to refinance into safer, more affordable mortgages.
The number of “yes” votes means […]
Taxpayer asks:
Hey taxgirl,
I get that we have overspent in Congress. But who do we owe exactly? And what is the difference between the deficit and the debt? I know these aren’t really tax questions but you talk about it on your blog so I thought you might know.
Taxgirl says:
What great questions!
Yep, I […]
Bill Keller is at it again. The man who claimed “A vote for Romney is a vote for Satan” has now declared that Obama is “God’s Enemy” (as shown on his web site).
You can watch his “analysis” of Obama here:
It’s long - over 8 minutes - so be prepared.
So why should you care about […]
Defying the White House, Representatives in the US House voted to prevent about 22 million taxpayers from being hit by the alternative minimum tax (AMT).
What?
Oh yeah, just like with any headline, there’s more.
The idea of AMT relief was originally endorsed by the GOP (such as Senator McCain). The problem with AMT relief? The […]
tax news, tax info and tax policy - and it’s not as boring as you think!
Written by Kelly Phillips Erb [email] for b5media.
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