We already knew that Chicago holds the distinction for the highest sales tax rate in the country… and apparently, it’s affected the population. Chicago also holds the top spot for tax filer procrastination. Who’s number 2? You’ll have to check out the list (psst – it’s not Philadelphia!).
An overwhelming majority of Americans believe that the so-called economic stimulus plan – largely consisting of tax rebates – will not boost the economy. According to a poll conducted by CNN/Opinion Research Corp., a whopping 82% of Americans believe the stimulus package won’t work. This is up sharply from 70% of Americans who said the…
As a result of the recent volatility on the stock market, I’ve received a bunch of questions about claiming losses on individual tax returns. What’s been made clear is that there are a lot of misperceptions floating about… I thought I’d try and set some things straight. To keep it simple, I’m going to focus…
I’ve noted before that nobody likes a partisan tax blogger. But you also can’t talk about tax policy in any meaningful way without considering the political ramifications. So throughout the next year (oh my God, is it really a whole year?), I plan to visit and no doubt, re-visit, the tax stances of various political…
In honor of President’s Day, I thought it would be fun to try and match U.S. Presidents to their tax policies. For purposes of clarification, I am well aware that tax legislation is Congressional, not presidential, but the President sets the tone for policy and action, so that’s the framework we’re using for the tax…
Tax season has started which means two things: 1, You have questions; and 2, The IRS is only going to answer 70% of them. So I’m going to take a stab at answering some of your questions LIVE. We’ll give it a whirl via CoverItLive on the blog on January 20, 2012, at 1:00 pm….
Editor’s note: We have a winner! Congrats to bstenger, I’ll be in touch shortly! This week, I’m kicking off my new series on the history of popular tax deductions here on the blog. To celebrate this auspicious occasion (insert chuckling here), I’m doing a giveaway. One lucky winner will receive a Kindle with 6″ Display…
Comments are closed.
That’s why I’ve quit shopping in Chicago.