Where Does The Money Go? Check Out Your Federal Taxpayer Receipt
It’s the Thursday after Tax Day… do you know where your tax dollars are?
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How Will Your State Be Impacted By Sequestration?
Five days. That’s how long until the sequestration goes into effect. Sequestration, painted as one half of the worst thing ever, is a series of across the board federal cuts that are scheduled to occur if Congress doesn’t act to cut spending. And Congress hasn’t acted on spending since 2011 (when they voted not to…
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White House Says No Tax Dollars To Build Death Star
Whew. We just dodged an $852 quadrillion bullet. The White House has posted a response (yes, it’s real) on its web site to a petition asking that the federal government “[s]ecure resources and funding, and begin construction of a Death Star by 2016.” The petition, which garnered nearly 35,000 signatures, was posted on the White…
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White House Sets Budget Vote Deadline
They came, they saw, they concurred. Yes, I meant concurred. And here’s what they agreed on: they should do something about the budget. Sadly, I’m not kidding. At the meeting at the White House today, Senate Majority Leader Harry Reid (D-NV) and Senate Minority Leader Mitch McConnell (R-KY) managed to hammer out an understanding that…
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Boehner, Obama Talks Heat Up But Still No Deal On Taxes, Spending
With 19 days left on the calendar until the end of the year, Congress is pretending like they want to make a deal on the budget. But if you think that means we’ll see significant reform between now and then, don’t hold your breath. Yesterday, House Speaker John Boehner (R-OH) and President Barack Obama held…
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WWJD*? Pulpit Freedom Sunday Likely To Bring Political Slams
As a kid, the church was always a big part of my life. I was that girl, the one who raised her hand and asked questions and often got shushed in service. I did, however, eventually have the good fortune to have a pastor who was everything that I thought a religious leader should be:…
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President Obama Throws Support Behind Tax Break For Olympic Athletes
Even President Obama has Olympic fever, it seems. That’s the only plausible explanation for the latest word that the President is throwing his support behind a proposal to exempt U.S. Olympians from taxes on their awards. The President is responding to a measure which, as I previously blogged, had been introduced by Sen. Marco Rubio…
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Is SDP Getting Schooled By The IRS?
It’s never a good thing to have a handful of auditors descend upon your business. It’s even worse when you planned to spend the day lobbying City Council to plug holes in your budget. That’s exactly what happened to the School District of Philadelphia. As noted previously, the embattled district is facing massive shortfalls in its…
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Is The White House Banking On A Financial Industry Tax?
I can’t imagine that this looked all that good on paper… Apparently, in an effort to recover the TARP money from banks and other groups that the White House is anticipating won’t actually be paid back to taxpayers, they’re going to tax the banks, who will likely pass along the tax to taxpayers – to…
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White House Party Crashers Forgot Invites… And Tax Returns
I start the week off with an apology: I have missed many of your collective parties, happy hours and other social occasions. I was under the impression that I needed to be invited to these events in order to attend. Thank goodness for Tareq and Michaele Salahi, to set me straight. The Salahis are, as…