Posts tagged as:

Iraq

Veterans Day Tax Bill Moves Forward

11 November 2011

When I was in high school, the coolest grown-up that I knew enlisted in the service. My older brother, Rob (okay, so maybe my circle of cool grown-ups was somewhat limited), joined the Navy. He drove me back to school shortly after the announcement, somehow managing to get lost between our tiny town and Durham, [...]

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Federal Estate Tax Makes News Again

4 April 2009

Remember years ago when there was a lot of buzz about the federal estate tax “repeal” set to take place in 2010? It’s still law. But the thing that Congress didn’t make quite so public is that the repeal only lasts for one year. One. After 2010, the federal estate tax rolls back in at [...]

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Iraq’s Oil Surplus Outpaces US Investment Dollars

6 August 2008

It turns out that while the US has been facing record budget deficits, Iraq has been doing pretty well. US auditors have predicted a budget surplus of $80 billion in Iraq: 94% of that revenue comes from oil. It’s not surprising. Oil revenues are at their highest point in years while the costs to Iraq [...]

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32 Arrested at Iraq War Protest at IRS

20 March 2008

Initial reports indicate that 32 people were arrested on Wednesday morning as part of protest to mark the fifth anniversary of the war in Iraq. As initially reported, the protesters blockaded the IRS building as a statement in protest of the use of tax dollars to fund the war. I am not sure how many [...]

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Should You Pay to Finance the War in Iraq?

18 March 2008

This week, the US marked the fifth anniversary of the war in Iraq. President Bush is expected in his remarks on tomorrow to confirm that the war in Iraq was necessary, saying, “Removing Saddam Hussein from power was the right decision, and this is a fight America can and must win.” He is also expected [...]

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Reinstate the draft? At what cost?

7 November 2007

There is no debate that the wars in Iraq and Afghanistan are costing U.S. taxpayers big bucks. The National Priorities Project has put the estimated cost of the war in Iraq alone at nearly $500 billion. The New York Times puts the figure at $1.2 trillion. Part of the discrepancy lies in how you classify [...]

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We Don’t Care if You Kill Anybody, Just Don’t Cheat on Your Taxes

23 October 2007

While folks in Washington have seemingly come to terms with the idea that Blackwater might have killed some folks when they shouldn’t have, they are drawing the line where it hits Americans the hardest: cheating on taxes. Rep. Henry Waxman (D – CA) has made public a letter from IRS to Blackwater from March (yes, [...]

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Fix The Tax Code Friday: War Tax

5 October 2007

Some members of Congress have proposed a “war tax” to fight the increasing costs of the wars in Iraq and Afghanistan. Opponents are crying “no more taxes” while others scramble to reconcile a budget spiraling out of control. So today’s question is: Should Congress impose a war surtax in order to pay for the war? [...]

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If You Like the War So Much, You Can Pay For It.

3 October 2007

Or so say three senior House Democrats who have proposed an income tax surcharge to pay the $150 billion annual cost of operations in Iraq (and the $40 billion annual cost of operations in Afghanistan). Rep. David Obey (D-WI), John Murtha (D-PA) and Jim McGovern (D-MA) introduced the bill, claiming that it is unfair to [...]

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Fix The Tax Code Friday: Protesting with your dollars

6 July 2007

As the war in Iraq grows more unpopular, a new series of tax protests are gaining ground. Protesting taxes in the US is nothing new – it hails back to Pre-Revolutionary War days and enjoyed a brief resurgence during the war in Vietnam. But until recently, there hasn’t been an organized movement that was considered [...]

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