From the category archives:

taxes of the rich and (in)famous

Will Trump Release Tax Returns?

29 April 2011

In the midst of all of this birther nonsense, one man has been fixed in the spotlight and it’s not President Barrack Obama. It’s Donald Trump. As you know, Trump has been at the forefront of the birther movement as of late and has taken credit for the release of Obama’s long form birth certificate. [...]

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Random Elvis Tax Trivia

7 March 2011

Yes, you read the title right… If you follow the blog regularly, you know that I’m a little bit obsessed with Elvis. At any rate, this weekend, I *may or may not* have been listening to the all Elvis channel on the radio and heard that Saturday marked the date that Elvis received his discharge [...]

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Who Should the Rich Fear More Than IRS? WikiLeaks.

19 January 2011

Many wealthy taxpayers might have dodged a bullet following the IRS settlement agreements with UBS and Deutsche Bank… but they might be getting their day in the press after all courtesy of WikiLeaks. Rudolf Elmer, a whistleblower, has reportedly turned over the banking details of about 2,000 “high net worth individuals” and corporations to Julian [...]

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Top Charitable Celebrities in 2010

23 December 2010

This month, I’ve been focusing on charitable donations. DoSomething.org, one of the largest organizations in the US that helps young people rock causes they care about, just released its list of the most charitable celebs for 2010. At the top of the list? Lady Gaga (yes, Dad, she’s a real person), who was given the [...]

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Another Hatch Trick?

16 December 2010

So when I heard that Richard Hatch allegedly violated the terms of his probation (insert eye roll here), I assumed it was something silly like not checking in with his probation officer or not getting permission to do an interview or something (as he is wont to do). But no. It appears he just likes [...]

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Snipes Heads to Prison

2 December 2010

Actor Wesley Snipes will be spending the holidays in bucolic Pennsylvania. He just won’t be enjoying his surroundings. Snipes was ordered to report to the Federal Correctional Institution McKean in Lewis Run, Pennsylvania, by noon on December 9. The orders follow Snipes’ unsuccessful appeal (well, appeals) of his sentence for tax evasion. McKean is a [...]

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Warren Buffet Says Tax the Rich More

24 November 2010

Warren Buffet tells Christiane Amanpour that the wealthy should pay a “lot more” in taxes in this clip from an upcoming interview on “This Week with Christiane Amanpour.” Buffet does, however, advocate cutting taxes for those in the lower brackets. In this clip, Buffet also references the Alan Simpson and Erskine Bowles plan which has [...]

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Rules of Engagement

22 November 2010

Tax experts in the UK are warning that Prince William may have triggered a significant capital gains tax by giving Kate Middleton the engagement ring he inherited from Princess Diana’s estate. The ring is said to be currently valued at about $400,000. According to the Daily Express, that value represents a significant increase from the [...]

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Snipes Saga Finally Over?

19 November 2010

ABC News is reporting that Wesley Snipes must now report to jail after his request for a new trial was denied by a federal judge. U.S. District Court Judge William Terrell Hodges wrote about the denial: The Defendant Snipes had a fair trial; he has had a full, fair, and thorough review of his conviction [...]

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Bill Gates Loses on Election Night

3 November 2010

There’s rich and then there’s Bill Gates rich. And apparently, the two don’t see eye to eye. At last night’s election, Washington voters soundly rejected a plan to introduce a state income tax aimed at upper income taxpayers to pay for education and health initiatives. The Microsoft billionaire publicly endorsed the measure, known as Initiative [...]

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