A look back at tax law, IRS history, and the stories behind how we got the tax system we have today.
I spent much of the weekend wandering around my old stomping grounds in Raleigh, North Carolina, with my daughter. We stopped into one of my favorite spots for dinner, and the waiter brought out the beverage list: There was practically an entire page dedicated to local beers. It was quite a change from back in…
Before I went to bed last night, I double-checked my alarm and then set another one. My son was at a sleepover and had a soccer game an hour away first thing in the morning. It’s a challenge at the best of times to coordinate schedules but especially today: Time sprung ahead in some parts…
“Read my lips: no new taxes.” Those few words, uttered by then-American presidential candidate George H. W. Bush at the 1988 Republican National Convention on August 18, became a hallmark of Bush’s presidency. When taxes did go up – a move made by Congress – voters were angry and blamed the President. But how much influence…
As a country, we’ve grown used to the idea that our leaders could be investigated by authorities for allegations ranging from perjury to collusion. Politicians on both sides of the aisle are quick to throw out the words “witch hunt” to describe and discount the idea that they might have been engaged in wrong-doing. Witch…
As voters head to the polls to cast ballots in local, state and federal elections, questions linger. It’s been an ugly political season. Allegations of voter fraud, voter tampering, and voter suppression have been in constant circulation and might make you think that our voting system is irretrievably broken. The truth is that voting in…
Al Capone reportedly boasted, “They can’t collect legal taxes from illegal money.” He found out that wasn’t true when he was sentenced to prison for tax evasion.
On July 4, 1776, in Philadelphia, Pennsylvania, the Continental Congress formally adopted the Declaration of Independence. Here’s how the story began – with taxes, tea, and tariffs.
Earlier this week, the world turned its eyes on North Korea as President Trump met with the country’s leader, Kim Jong Un, in Singapore. Here’s a brief look at the country’s history, economy – and why the government claims its people don’t pay taxes.
Ready to celebrate Cinco de Mayo? Here’s what you need to know before you break out the tequila.
We’re celebrating Presidents’ Day across the country today – even though that’s not 100% accurate. To mark the day, here are ten quick facts about tax and our presidents.