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Taxgirl

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Category: tax policy

PNC & Other Banks Benefit From Bad Debts

Kelly Phillips ErbNovember 3, 2008December 27, 2019

Boy, am I glad that the government pumped billions of dollars into the banking industry! Since that time, borrowing has become significantly easier. Wait, that

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Election 2008: McCain & Obama Tax Plans

Kelly Phillips ErbNovember 3, 2008December 27, 2019

I’ve received a flurry of last minute emails about me about the differences between the presidential candidates’ tax strategies. I don’t have anything new to

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Merrill Challenges Defense Of Marriage Act On Tax Grounds

Kelly Phillips ErbOctober 28, 2008December 4, 2019

Charles Merrill, cousin of the founder of Merrill Lynch, has filed a challenge in the US Tax Court against the Defense of Marriage Act (DOMA).

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Alabama Imposes ‘Fat Tax’

Kelly Phillips ErbOctober 28, 2008December 4, 2019

Just one week after I published my primer on Alabama state taxes, an article was posted on TheRoot.com touting a new tax in Alabama: the

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Bush May Be Warming To Second Stimulus Package

Kelly Phillips ErbOctober 20, 2008December 4, 2019

Even though many politicians – including President Bush – are still reticent to use the “R” word (recession), economic pundits, including those in the Bush

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GOP Counters Democrats' Proposed Second Stimulus Package

Kelly Phillips ErbOctober 13, 2008December 27, 2019

Earlier today, the GOP indicated that they are not on board with the Democrats’ proposal for a second economic stimulus package. There’s no surprise there.

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Is A Second Economic Stimulus Package On Its Way?

Kelly Phillips ErbOctober 11, 2008

I indicated earlier that I didn’t think that a second economic stimulus package would be considered until after the elections – and it looks like

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Foreclosures, Debt Forgiveness and Mortgage Losses Explained

Foreclosures, Debt Forgiveness and Mortgage Losses Explained

Kelly Phillips ErbOctober 11, 2008May 6, 2020

There’s a lot of good discussion on the Fix the Tax Code Friday comments thread about debt cancellation and mortgage debt cancellation relief. I started

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Fix the Tax Code Friday: Mortgage Debt Cancellation

Kelly Phillips ErbOctober 10, 2008

Fix the Tax Code Friday is back! This is your chance to sound off about tax policy – and propose how you would fix the

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Not Such a Gay Ol' Time in California

Kelly Phillips ErbOctober 9, 2008December 27, 2019

When all else fails, hit ’em in the pocketbook… This week, supporters of Proposition 8, which would ban gay marriage in California, released an ad,

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