‘The Onion’ Coverage Of The Soda Tax
It turns out that more states and localities are considering a soda tax to raise money fight obesity. For a laugh, check out The Onion‘s coverage.
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Fat? It’s Gonna Cost You
Well, only if you live in the UK. Our friends across the pond at Oxford University claim that charging VAT (Value Added Tax, sort of like a sales tax) of 17.5% on foods deemed to be unhealthy would reduce the number of heart attacks and strokes. The theory is that increased costs will slash consumer…
More Election Year Tax Bills (Oops, I Meant ‘Property Tax Relief’)
What good is an election year property tax bill if the folks at home can’t understand it? So, Governor Rendell of Pennsylvania has launched a web page explaining the new bill and its impact for seniors who own homes (since seniors, reputedly get the lion’s share of “relief” from the new bill). Those of us…
President’s Day: Presidential Tax Moves #4
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…
There It Is: The Taxpayer Bill For Miss America
There she is: Miss America was back in Atlantic City this year. The cost to return the pageant to the boardwalk was not insignificant. Who picks up the tab?
With Job Losses Soaring, Ten Tax Tips For The Unemployed
The Department of Labor released its jobs report for June this week and the results weren’t pretty. Only 18,000 new jobs were created in June, representing 7,000 fewer jobs than detailed in a disappointing May report. The unemployment rate continued to climb, hitting a whopping 9.2%, giving June the undesirable distinction of the month with…
Qualifications For Senator: 30 Yrs Old, US Citizen For 9 Yrs, State Residency (Understanding of Tax Code Not Required)
Colorado senator Ken Salazar, who bested Coors beer Pete Coors for his Senate seat in 2004, has been mocked for his ignorance of the US Tax Code. Salazar, a fifth-generation Colorado rancher, touted himself as a man of the people, claiming that he understood the struggles of the working class and would create jobs and…