I’ve received a bunch of comments and emails from taxpayers telling me what they think of Obama’s budget. I’ll be sharing some of them throughout the next few weeks, so keep them coming. If you’d like to blog on a specific topic, make sure that you check out my call for policy posts. Today, guest…
Ben Stein may be known best by my generation knows as the best as the economics teacher in the movie Ferris Bueller’s Day Off (“Bueller…. Bueller….?). But he is also an attorney, former presidential speechwriter (for Nixon and Ford) and regular newspaper columnist for the New York Times. Stein’s political beliefs generally tilt towards the…
Comedian Dave Barry is running for President (not) and he has a tax plan (also not). Check out this video clip on CNN.
I sort of took yesterday off… to be interviewed for an upcoming documentary on taxes. I met with the crew of An Inconvenient Tax at my home on yesterday to talk tax. It was great meeting the guys behind the film. They posted a quick excerpt about filming me on their blog. Hmm. I had…
Taxpayer asks: Is this true? Post this on taxgirl.com with an answer please. Windfall Tax on Retirement Income Adding a tax to your retirement is simply another way of saying to the American people, you’re so darn stupid that we’re going to keep doing this until we drain every cent from you. That’s what the…
Senator McCain has – until now – included a promise to repeal the AMT in his economic plan. However, a few days ago, he introduced the idea of a phase out, rather than a repeal. In a June 10 speech, he said, “I will also propose … a phase-out of the Alternative Minimum Tax.” In…
Democratic presidential candidate Barack Obama has released seven years of his tax individual returns this week. The Obama family reported income of $1.65 million in 2005 and nearly $1 million in 2006. During that same period, the family made $137,622 in charitable donations. Prior to 2005, the family seems to have a different financial picture….
If you had asked me, before today, what the single most important issue would be in the upcoming presidential election, I would have said the economy, hands down. For purposes of the election, it’s more important to voters than Iraq, than health care, than the environment (though clearly those issues are intertwined with the economy)….
It’s Fix the Tax Code Friday! The IRS has become more aggressive during this election year about enforcing the prohibition against politicking by tax exempt organizations. To date, the IRS has made inquiries into charitable organizations who have supported or opposed candidates including Obama, Romney and Huckabee. Is this good policy – or is the…
The IRS is serious about the rules which prohibit non-profit organizations, including churches, from supporting candidates or political parties. Just a few week after the IRS mailed a lengthy letter to First Baptist Church of Buena Park pastor Wiley S. Drake advising that he was being investigated for his 2007 support of presidential hopeful Mike…