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Bush Urges Congress To Make Tax Cuts Permanent
As his popularity continues to decline, President Bush has re-introduced legislation to extend his 2001 and 2003 or risk what he is calling “the largest tax increase in history.” Realistically, some of the cuts will likely be extended or made permanent – but not all. Bush claims, for example, that allowing the tax cuts to…
Ex-Governor Spitzer Apparently Okay With Hookers, Eschewed Crack
One of my favorite things to post about at taxgirl.com are tax policy issues. I am particularly struck by sin taxes and revenue raisers based on what “the norm” (whatever that is) might consider to be immoral behavior. This includes taxes like the crack tax, the pimp tax and the stripper tax (note to readers:…
Hot Diggity! Considering The 'Hot Dog Tax' On National Hot Dog Day
Mustard or ketchup? These are the kinds of pressing questions the nation faces today because it’s National Hot Dog Day. I know what you’re thinking: who knew hot dogs had their own day? They do. They have their own month, too: National Hot Dog Day is part of National Hot Dog Month (I kid you…
Taxpayers Suggest Resolutions For Congress In 2012
It’s the New Year and sadly, the same old Congress. With that in mind, I thought that Congress could use a little help with their New Year’s resolutions for 2012, so a couple of days ago, I posed this question on my blog: What’s on your tax and financial #wishlist for Congress in 2012? Here’s…
‘Real Housewives’ Stars Joe & Teresa Giudice Hit With Federal Tax Lien
“Real Housewives of New Jersey” stars Joe and Teresa Giudice managed to avoid foreclosure on their 10,000-square-foot Towaco mansion when the couple finally caught up on a slew of missed mortgage payments. They haven’t, however, settled up yet with Uncle Sam. As a result, the Internal Revenue Service (IRS) has filed a $551,563 tax lien…
Apple Adds Egg Freezing As Employee Benefit
Apple and Facebook have fired the latest round in the “perk wars” – efforts to woo and keep talent in the tech sector. Not content with fancy meals, tech companies are offering female employees the opportunity to freeze their eggs. As perks keep expanding, what are the tax consequences to those employees?
