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April Fool’s Day

Fix the Tax Code Friday: National Sales Tax

3 April 2009

It’s Fix the Tax Code Friday!
This week, my post about a national sales tax on online sales was all in jest for April Fool’s Day. But it caught some folks off guard because it really could happen. Proponents say that a national sales tax would increase revenue by taxing consumption rather than income. [...]

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April Fool’s Day Humor

2 April 2009

In case you missed the not so subtle humor in Thursday’s post (referencing among other things, Dutch cheese), it was an April Fool’s Day joke. I know some people hate them but me, I have that kind of warped sense of humor. If you missed it, you can catch last year’s post here.

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Congress Proposes Federal Tax on Downloaded Music

1 April 2009

Despite the Obama administration’s efforts to close the gap between decreasing revenues and increasing expenditures, the federal deficit is expected to soar this year. Congress has been scrambling for ways to find extra dollars and one Congressman believes he’s found a way: tax online music.
It’s no wonder. The number of songs sold [...]

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IRS Considers Tax Exempt Status for Bloggers

1 April 2008

In a surprising move, the IRS has announced that it is considering exempting bloggers from paying income tax on money earned from blogging.
In its proposed regulations on the matter, the IRS pointed out that bloggers provide a valuable public service by making information available to the public for free. In some instances, this includes [...]

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