Posts tagged as:

McCain

Election 2008: McCain and Obama Tax Plans

3 November 2008

I’ve received a flurry of last minute emails about me about the differences between the presidential candidates’ tax strategies. I don’t have anything new to add (though look for more political blogging later tonight) but I did want to point you to some prior taxgirl posts on the candidates and their economic and tax [...]

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Fix the Tax Code Friday: Presidential Economic Plans

31 October 2008

It’s Fix the Tax Code Friday!
We know what Joe the Plumber thinks about the economic plans as proposed by the candidates… But what do you think? Here’s your last chance before the elections to state your case for economic change. Today’s Fix the Tax Code Friday question is:
If you could ask either [...]

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Joe the Plumber Owes Taxes (Psst, and Not a Plumber)

17 October 2008

It turns out that “Joe the Plumber” has more tax issues than were spotlighted during the final presidential debate. He doesn’t just not like taxes, he apparently doesn’t like to pay them. He owes the State of Ohio nearly $1200 in back taxes; Ohio has filed a lien against him to recover amounts [...]

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Ask the taxgirl: How much will Obama’s tax plan cost me?

8 October 2008

Taxpayer asks:
My wife and I make a combined annual income in the ballpark of $270-280K/year. We work hard, and are saving for a home in order to start a family. I need someone to explain something to me …. I understand that Barak Obama’s proposed tax plan uses the $250K mark as the line separating [...]

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Debate? What Debate?

3 October 2008

Did you see the vice presidential debate last night?
I’ll admit that I didn’t watch the whole thing. For one, the Phillies were busy taking Game 2 of their series against the Brewers (go Phillies!). But also because I’m not a big fan of political debates. Rarely do you discover anything significant because [...]

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How Much Does it Cost to Keep America Healthy?

30 September 2008

Wednesday will not be just any day. It is the day that I take my four year old daughter to Children’s Hospital of Philadelphia where she will see a pediatric cardiologist. If all goes well, and I am hopeful that it does, they will tell us that she has an “innocent murmur” and [...]

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Comparisons of Obama and McCain Tax Proposals

25 September 2008

Here’s a quick and dirty chart that further breaks down the Obama and McCain tax proposals, as prepared by Deloitte:

It is worth noting that following this week’s information that an economic “crisis” has been looming for some time, I don’t believe that most of these proposals will stand “as is.” I don’t know that [...]

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Obama and McCain Speak Out on AIG

17 September 2008

You already know what I think.
McCain says:
We should never again allow the United States to be in this position. We need strong and effective regulation, a return to job-creating growth and a restoration of ethics and the social contract between businesses and America.
Obama says:
This crisis serves as a stark reminder of the failures of crony [...]

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More Phony Tax Emails… It Must Be Election Season!

2 September 2008

This morning, I received this email from a friend:

Time to consider your pocketbook:
C A PIT A L G A INS T A X
MCC A IN:
0% on home sales up to $500,000 per home (couples). McCain does not propose any change in existing home sales income tax.
OB A M A:
28% on profit from [...]

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More Than Half of US Companies Pay No Income Tax

12 August 2008

According to the Government Accountability Office, in any given year, at least 60% of US corporations surveyed paid no federal income tax liability for 1998 to 2005 (the years studied). That statistic includes corporations of varied sizes.
If the trends in the survey are accurate, nearly one quarter of large US corporations don’t pay any [...]

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