Posts tagged as:

excise-tax

Brewers and Drinkers Cheer Proposed Small BREW Act

30 March 2011

Let’s get one thing out of the way from the get go: I enjoy a good beer. And more often than not, a good beer tends to come from a craft brewery. Don’t believe me? My wedding reception was in a beer hall (Stoudt’s, in case you’re wondering, complete with a polka band) and I [...]

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Tax Trivia: Excise Taxes

8 January 2011

We have a winner! See the correct answer in the comments. Our next tax trivia question for the giveaway is: To pay for the Civil War, Congress (for the Union) passed new excise taxes in 1862 on a number of items. Which of the following did not receive a new or additional tax as part [...]

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Fix the Tax Code Friday: Excise Taxes

5 November 2010

I have to say that I remain fascinated by the vote in Washington state that would have transferred a majority of the tax burden onto the upper wage earners (those earning more than $200,000 as individuals and $400,000 as married couples). Despite the fact that most Washington taxpayers would be financially better off under the [...]

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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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Tanning Tax Kicks Off The Holiday Weekend

5 July 2010

My oldest daughter tans at the drop of a hat. Even in early spring, she starts to brown a little bit while the rest of us stay fairly pasty (I got it honest with my Welsh roots). She’s just now starting to realize the difference and for some reason, it bothers her (we’ve also had [...]

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Tax Trivia: Excise Taxes

22 January 2010

We have a winner! It’s Jason! For the answer, see the comments! Our next tax trivia question for the giveaway is: Which popular everyday item was first taxed as a luxury in 1898, at the start of the Spanish-American War and continues to be taxed today? The first correct answer wins free CCH tax prep [...]

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Maine Says No To Tax Cuts

5 November 2009

If you ask a Mainer about taxes, you’re liable to get an earful: Mainers have one of the highest tax burdens in the nation. Nonetheless, on election day, Maine voters turned down proposals to cut taxes. In a slow economy, Maine voters were leery of a proposal that would result in cuts in services. The [...]

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Driver Kidnaps Tax Officials to Avoid Paying Tax

26 October 2009

Here’s a novel way to avoid paying tax: kidnap the tax collectors. In what may be the oddest tax news I’ve read recently, the online paper, Sindh Today, has reported that an Indian man may be charged with kidnapping after he allegedly attempted to abduct two excise officers. According to reports, the driver slowed at [...]

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Fix the Tax Code Friday: Health Care Reform

9 October 2009

It’s Fix the Tax Code Friday! This week, health care reform is in the news again, this time with a focus on the proposed excise tax for high-premium insurance plans. The latest proposal for health care reform includes a controversial excise tax for high-premium insurance plans which exceed certain thresholds. Much of the concern, especially [...]

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Dear Nancy, Please Don’t Raise Taxes To Pay For Health Care…

8 October 2009

This week, 157 House Democrats (which for math junkies like me, who want to know the actual percentage of House Dems who signed, it’s 62%) signed a letter which put House Speaker Nancy Pelosi (D-CA) on notice that an excise tax on high-cost health care insurance plans is not acceptable. Those who signed the letter [...]

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