Posts tagged as:

tax rates

Occupy Wall Street Raises Questions About Taxes, Money and Blame

18 October 2011

Yesterday marked the month long anniversary of Occupy Wall Street. I realize that there are those that quibble with the dates as the actual protest has been a long time coming but the first organized group of protestors reportedly hit the streets of New York City on September 17, marking the more or less official [...]

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 →

The Morning After: The Tax Deal Hangover

8 December 2010

I’ll admit that I didn’t see yesterday’s tax deal coming. I was fairly certain that the drama would play out through this week. We still have drama but now it’s more of the “let me explain” variety. Let me see if I can sort out for you what happened and why. First, let’s talk timing. [...]

35 comments Read the full article →

10 Expiring Tax Cuts to Watch For

6 December 2010

The expiring Bush tax cuts – and what will happen to them – are all over the place these days. Folks seem to have very definite opinions about what should (and shouldn’t) happen. But it also seems like, for all of the publicity over the cuts, taxpayers really don’t understand what it all means. I [...]

9 comments Read the full article →

Bush Tax Cuts

30 August 2010

This week, I’m letting my readers take over and tell you what they think about the expiring Bush tax cuts. As always, I think background and context are important. So here’s a quick primer on what’s happening and why… The so-called Bush tax cuts are a series of tax breaks which were enacted in 2001 [...]

8 comments Read the full article →

Hollywood’s Tax Bill

6 February 2010

Vanity Fair has released its list of the top 40 Hollywood earners in 2009. CNN has the entire list but here’s a peek at the top 10: Michael Bay, producer-director ($125 million) Steven Spielberg, producer-director ($85 million) Roland Emmerich, producer-director ($70 million) James Cameron, producer-director ($50 million) Todd Phillips, director ($44 million) – no relation, [...]

3 comments Read the full article →

Tax Trivia: Tax Rates

9 March 2009

We have a winner! See comments! Today’s tax trivia question is: In 1861, Congress instituted the first US federal income tax in order to raise revenue to pay for the Civil War. What was the top tax rate at that time? Don’t forget: the first correct answer wins free CCH tax prep software. What’s your [...]

7 comments Read the full article →