Posts tagged as:

white house

Is SDP Getting Schooled by the IRS?

27 May 2011

It’s never a good thing to have a handful of auditors descend upon your business. It’s even worse when you planned to spend the day lobbying City Council to plug holes in your budget. That’s exactly what happened to the School District of Philadelphia. As noted previously, the embattled district is facing massive shortfalls in its [...]

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Is the White House Banking on a Financial Industry Tax?

12 January 2010

I can’t imagine that this looked all that good on paper… Apparently, in an effort to recover the TARP money from banks and other groups that the White House is anticipating won’t actually be paid back to taxpayers, they’re going to tax the banks, who will likely pass along the tax to taxpayers – to [...]

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White House Party Crashers Forgot Invites… And Tax Returns

30 November 2009

I start the week off with an apology: I have missed many of your collective parties, happy hours and other social occasions. I was under the impression that I needed to be invited to these events in order to attend. Thank goodness for Tareq and Michaele Salahi, to set me straight. The Salahis are, as [...]

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House Votes to Repeal Big Oil Tax Cuts

28 February 2008

The House of Representatives has voted to repeal $18 billion of tax breaks for oil and gas producers, as expected. The bill passed by a vote of 236-182. The bill now heads to the Senate, where it will be more difficult to get a win. Even if it does pass in the Senate, the White [...]

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Bush to Veto Tax Cut Repeal for Big Oil

26 February 2008

On Wednesday, Congress will consider rolling back nearly $18 billion in tax breaks for large oil companies pushed through in 2005. The White House has already voiced its intention to veto such a bill if it passes. Democrats are hopeful that the bill will pass. Last year, a similar bill languished in the Senate when [...]

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