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Tag: revenue

Treasury Warns U.S. Will Hit Debt Limit In 5 Days

Kelly Phillips ErbDecember 26, 2012July 5, 2020

Well, somebody was working today. Treasury Secretary Timothy Geithner sent a letter to Senate Majority Leader Reid (D-NV) advising that the U.S. will hit its

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Why Santa Claus Won’t Have To Pay Income Tax This Year

Kelly Phillips ErbDecember 24, 2012July 5, 2020

It’s Christmas Eve and, at my house, we’re busy preparing for guests. Mostly, we’re waiting on the cousins but my kids are also waiting for

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Gun & Ammo Tax Proposal Draws Fire

Kelly Phillips ErbOctober 21, 2012June 28, 2020

And we say there’s no “magic bullet” to fix the economy… A Cook County official has proposed a surtax on the sale of every bullet

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PA Revenue Goof Sends Taxpayers To Viagra Site

Kelly Phillips ErbApril 26, 2012June 9, 2020

Two years ago, I wrote my very first piece for Forbes. The article, titled Tax Amnesty Works Without Big Brother, was the result of criticisms

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Tax Revenues Lowest Since Depression

Kelly Phillips ErbAugust 4, 2009May 17, 2020

The sky is falling! The sky is falling! Okay, not really. But revenues are falling. And it feels just as dramatic. As the economy slowly

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States Find It May Not (*Gasp*) Be Necessary To Raise Taxes

Kelly Phillips ErbJuly 17, 2009May 17, 2020

With budget deadlines looming, many states felt that there were no alternatives to balancing the budget other than raising taxes or adding new ones. More

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State Tax Primer From A To W: California

Kelly Phillips ErbApril 20, 2009May 17, 2020

Welcome to my fifth in a series on state taxes! For information about what I’m trying to do, read my introductory bit. Next on the

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Taxgirl Trivia: Raising Revenue

Kelly Phillips ErbMarch 10, 2009May 16, 2020

We have a winner! See comments! Our next tax trivia question is: Beginning in the early 19th century, the US did not impose any direct

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Use Tax On iTunes? It Doesn’t Make Sense.

Kelly Phillips ErbJuly 14, 2008

Another Tax Geek asked me whether I pay Use Tax on my iTunes purchases (you can answer him, too, by voting in our poll in

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