April 30th, 2008
Both McCain (GOP) and Clinton (Dem) have called for a temporary suspension of the federal gas tax - or a gas tax holiday - for the summer in response to higher gas prices. Obama has so far not endorsed such a move.
There is currently a 18.4 cent federal tax imposed on each gallon of […]
By Kelly -- 12 comments
April 20th, 2008
It’s 2004 all over again. A presidential candidate has released his own tax returns - but not that of his spouse. The GOP cries… ok?
Yep. This week, Sen. John McCain and Republican presidential candidate released his 2007 tax returns - without information about his wife. Cindy McCain filed […]
By Kelly -- 1 comment
April 18th, 2008
This week - in the midst of a busy tax season - I wrote a guest post for One Vote Matters. It’s a quick and dirty summary of where the presidential candidates stand on tax issues. You can read the entire post here.
Tags: Clinton, McCain, Obama, one vote matters, president, taxShare This
By Kelly -- 2 comments
April 18th, 2008
Democratic presidential candidate Barack Obama has released his tax return for the 2007 tax year showing that together with his wife, the Obamas earned $4.2 million. A whopping $4 million of that income was in the form of royalties from the sale of his books. Other income includes Obama’s Senate salary of $157,102 […]
By Kelly -- 1 comment
March 26th, 2008
Democratic presidential candidate Barack Obama has released seven years of his tax individual returns this week.
The Obama family reported income of $1.65 million in 2005 and nearly $1 million in 2006. During that same period, the family made $137,622 in charitable donations.
Prior to 2005, the family seems to have a different financial picture. […]
By Kelly -- 7 comments
February 21st, 2008
Remember 527 organizations?
They made headlines in the presidential organization when a group of organized Republicans funded “Swift Boats for Truth” to launch a missive against Senator Kerry.
527 organizations are named after 26 U.S.C. § 527 - basically section 527 of the Tax Code (the Tax Code is Title 26). Generally, tax exempt organizations are not […]
By Kelly -- 1 comment
May 29th, 2007
Oh, don’t even get me started.
But there are a number of folks who are actually making a run at it this year, some expected and some, well, not.
I have contacted each of the candidates several times to ask their positions on various tax issues. And a number of them responded promptly and their replies […]
By Kelly -- 1 comment
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