Bill Introduced In Congress To Tax Gun Sales, Require Stolen Guns To Be Reported

According to the National Rifle Association (NRA), Americans have acquired over 170 million new firearms since 1991. While it’s tough to pinpoint the number of guns currently in the U.S., a 2012 Congressional Research Service suggests that the number hit 310 million in 2009. A U.S. Congresswoman believes that those numbers present a unique opportunity … Read more

Halloween Spending To Top $6Halloween Spending To Top $6.9 Billion In 2015, Filling Sales Tax Coffers

From pumpkins to costumes to candy, Americans are expected to spend up to $6.9 billion on Halloween sales in 2015. According to the National Retail Federation, 157 million Americans will scare up an average of $74 per person in Halloween holiday spending. You know, of course, that I’m one of those folks who goes crazy … Read more

Making It Rain: Alabama Considers Porn Tax On Strip Clubs, Magazines & More

Raise taxes or else. Those were the marching orders issued to the Alabama House of Representatives from Gov. Robert Bentley (R) earlier this year. Specifically, the “or else” included a threat to cut a number of services to taxpayers including closing prisons. Kicking up the rhetoric, he warned taxpayers in April, “You might not care about … Read more

Citing Budget Woes, State Won’t Pay Up (Yet) On Big Lottery Winnings

Author’s Update: The Illinois Lottery disagrees with the characterization that a promise to pay in the future is an IOU, reaching out to say, “At no time has the Illinois Lottery issued an ‘IOU’ to winners, nor does it plan to do so.” The Lottery has released the following statement: “Due to the ongoing budget situation … Read more

Which State Has The Highest Property Taxes In America?

Think your property tax rates are high? It’s all relative. The Tax Foundation has compiled a list of property tax rates by state – with a twist. It’s not always easy to rank property tax rates because states tax real property using a variety of methods. In my home state of Pennsylvania, for example, the formula to calculate … Read more

A Grave Decision: Archdiocese Files Suit Against New Jersey Over Headstone Statute

Years ago, Benjamin Franklin opined that, “In this world nothing can be said to be certain, except death and taxes.” A New Jersey trade association claims that the Roman Catholic Archdiocese of Newark was trying to take advantage of both by selling headstones to parishioners, a move the trade association has labeled unfair and scrambled … Read more

Gun & Ammo Tax Aims At Reducing Violence In Seattle

If you’re a gun owner (or hoping to be) in the city of Seattle, it’s going to cost you: Seattle City Council has unanimously approved a new tax on gun and ammo sales. Under the new law, referred to as the “gun violence tax,” gun and ammo sales in the city are subject to a tax … Read more

Man Visits 15 Banks Collecting Pennies To Pay Property Taxes – And Still Falls Short

Calling property taxes “unethical, unchristian-like and above all, it is thievery,” tax protester Steven Piotrowski finally paid off his 2013 Montgomery County property taxes this week, preventing a sheriff’s sale at the last minute. He would not, however, go quietly. He initially decided to make a statement by paying off his bill with 83,160 pennies. … Read more

Good News For Widow Who Lost Her Home Over $6.30 Tax Bill

There’s some good news for a Pennsylvania woman this week: she can keep her home. A decision from the Pennsylvania Supreme Court has put an end to litigation involving the sale of her home due to an alleged underpayment. The woman, Eileen Battisti, allegedly failed to pay $6.30 (downloads as a pdf) in interest on a late payment of property taxes … Read more

Back To School Sales Tax Holidays For 2015 Starting Soon

With temps hitting the 90s last week, you’d swear it was still summer. However, the catalogues piling up on my living room table tell a different story: back to school season is starting already. Back to school is a huge industry. According to the National Retail Federation (NRF), spending on back to school for families … Read more