I’m so over Snipes and his whining already. Snipes’ attorney claims that he can’t get a fair trial in Ocala. His attorney has filed a motion to have the trial moved to New York because he claims “the government chose the most racially discriminatory venue available, with the best possibility of an all-white Southern jury.”…
Mitt Romney has said publicly that parents who home school their children should get a federal tax credit to help offset the expense of teaching. “I also believe parents who are teaching their kids at home, homeschoolers, deserve a break, and I’ve asked for a tax credit to help parents in their homes with the…
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…
Kentucky taxpayers George and Katherine Davis have filed suit against the State of Kentucky alleging that the state violates the Commerce Clause by allowing an exemption for interest income from Kentucky municipal bonds while taxing income from out-of-state bonds. The state has argued that the Court “has never held that a law which favors government,…
I’m such a sucker for Milky Ways – especially the Milky Way Midnight (note to readers contemplating holiday gifts…). And Iowa has brought to the forefront an issue that I’ve been claiming for years: all candy bars are not created equal. Iowa has stirred up some serious candy tax controversy with its definitions of “candy”…
The Internal Revenue Service has announced that new tax glossaries are available in Chinese (simplified), Chinese (traditional), Korean, Russian and Vietnamese. A Spanish version was previously made available online to view and as a pdf to download. The Chinese, Korean, Russian and Vietnamese versions of Publication 850 are only available as a download (click here…
Well, no one’s really getting fired… The Business Channel at b5media is hosting its own version of The Apprentice. You can vote for your favorite Business Channel blog using the poll in the sidebar or just keep up to date on our “recap” page (editor’s note: it’s now defunct). Enjoy!
That’s what legislatures seem to be trying to find out these days. Wisconsin has enacted a $1.77 per pack cigarette tax (raising the tax an extra dollar per pack) that goes into effect in January 2008. Believe it or not, that will not make Wisconsin the most expensive state to light up. The current average…
Rep. Charles Rangel (D-NY) has unveiled what he calls “the mother of all tax bills.” The result would be a sizable “re-shifting” of the current tax burden which has been heavily criticized even among the wealthy as “tilted to the rich.” According to an analysis by the Tax Policy Center, the shift would mean that…
I’m been following the conversations on Warren Buffett and his concerns about the tax system and have to say that I find it fascinating. When one of the wealthiest men in the world criticizing our tax system as “tilted towards the rich,” it’s time to take notice. The original video (from 2007) has been removed…
