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Beer Today, Taxed Tomorrow
When legislators across the country took steps to increase the tax on soda, many taxpayers shrugged their shoulders. After all, it’s just soda. But now, now lawmakers are getting serious. They’re talking about increasing the tax on beer. (I know.) And not just anywhere: the increase is planned for one of the microbrew capitals of…
A Little To The Left, Now To The Right, Now Everybody!
We knew that it had to happen. After IRS warned a church in California that it may lose its charitable status following a sermon critical of the current administration, those to the left and right alike began to scramble in their defense of political activism amongst 501(c)(3) organizations. For organizations with 501(c)(3) status, political campaigning or…
State Tax Primer From A To W: Arkansas
NOTE: This is from 2008. Welcome to my fourth in a series on state taxes! For information about what I’m trying to do, read my introductory bit. Next on the agenda, the bane of every elementary aged school child when it comes to spelling: Arkansas! ARKANSAS Population: 2,834,797 (32nd) Capital: Little Rock Largest City: Little…
New Taxes Boost Cost Of Nutella
When I was in the UK years ago, a friend offered me a slice of bread with a creamy brown spread on top. “Try it,” she said, “You’ll like it.” Like it? I loved it. As in couldn’t believe why it wasn’t illegal loved it. “Whmpgh isth ifh?” I asked, which translated without a mouth…
Cheater, Cheater, Pumpkin Eater: Home Buyer Credit Fraud Rampant
Soooo… You know that I wasn’t a fan of the first time home buyer credit. It was touted as a “stimulus” for middle class taxpayers to make home buying more affordable. The idea was that folks would rush to buy homes, thus buoying the housing industry, getting banks going again and more or less saving…
Religion & Taxes: Commentary
After I wrote my piece on religion and taxes, I emailed the link to my priest, Father Kirk Berlenbach, at St. Timothys because I thought he might have some interesting perspective. He responded by posting a fairly lengthy comment which I thought deserved its own post. Here’s what he has to say… I welcome your…