Posts tagged as:

fix the tax code friday

Fix the Tax Code Friday: Lesser of Tax Evils?

25 June 2011

This month, Philadelphia voted to raise property taxes rather than impose a controversial sales tax on soda and sugary drinks, while New York won another round on its efforts to collect excise taxes from cigarettes sold by Indian nations. Other cities and states have struggled with similar questions when it comes to raising revenue. So today’s [...]

0 comments Read the full article →

Fix the Tax Code Friday: Lower Tax Rates

10 June 2011

It’s the return of Fix the Tax Code Friday! Earlier this month, executives from Boeing Co., Sears Holding Management Corp., Emerson Electric Co. and Perrigo Co., told members of Congress that they would will be willing to give up tax breaks in exchange for a lower corporate tax rate. This is consistent with a recent [...]

0 comments Read the full article →

Fix the Tax Code Friday: Spending or Tax Cuts?

4 March 2011

Over the past few weeks, there has been a lot of talk about states cutting spending. For example, in Wisconsin, there’s been a very public battle over labor union contracts while in New Jersey, the police force was cut in a city formerly referred to as the “murder capital of the U.S.” California has talked [...]

5 comments Read the full article →

Fix the Tax Code Friday: Corporate Tax Breaks and Reputations

18 February 2011

This week’s Fix the Tax Code Friday is related to last week’s question – but with a twist. Earlier in the week, I posted about the potential for corporate tax breaks for companies who are repatriating funds to the U.S. Among the companies which appear to have interest in such a move is Apple, which [...]

4 comments Read the full article →

Fix the Tax Code Friday: Tax Breaks for Companies

11 February 2011

It’s Fix the Tax Code Friday! On yesterday, I reported on a potential tax break for companies in San Francisco (clearly directed towards Twitter) meant to encourage companies to invest in a specific part of the city. We have similar breaks in Philadelphia and indeed across the country. But is it a good thing? Is [...]

4 comments Read the full article →

Fix the Tax Code Friday: How Rich is Rich?

3 December 2010

The latest point of contention in the “will they or won’t they?” session of Congress is whether to extend tax cuts to the “rich.” There seems to be a lot of discussion about what constitutes rich. Some in Congress have indicated that taxpayers making more than $200,000 per year are rich with others suggesting $250,000 [...]

14 comments Read the full article →

Fix the Tax Code Friday: Tax Predictions

12 November 2010

So, none of us have a crystal ball but earlier this week, I made some predictions about potential tax changes in the new year. I touched on federal estate tax repeal, capital gains rates, oil and gas company tax breaks, increased income tax rates and the expiration of the Making Work Credit. Later in the [...]

4 comments Read the full article →

Fix the Tax Code Friday: Social Security Benefits

22 October 2010

If you follow me on Social Media at all (I’m on twitter here and Facebook here), you’ve probably heard me grumbling about the riots in France this week. I’ll admit it: it’s not about the French, I’m totally being selfish. My husband and I have been planning a trip to France for awhile (it just [...]

16 comments Read the full article →

Fix the Tax Code Friday: Tax Cut-a-palooza

1 October 2010

This week, Congress has been sparring over the best way to fix the economy. It looks like, one way or the other, we’re going to have some tax cuts. The specifics have yet to be worked out. Many are pushing for individual tax rate cuts while others believe that cutting corporate tax rates (something Speaker [...]

6 comments Read the full article →

Fix the Tax Code Friday: Making Work Pay Credit

24 September 2010

Although the Bush tax cuts are making the most news these days (a logical focus considering the size and scope of the cuts), Congress is considering a number of other tax-related proposals. Among the concerns is what to do about the Making Work Pay Credit. The credit was only made law for two years (2009 [...]

4 comments Read the full article →