Tax

Tax Policy A Question Of Morality For Many Middle-Class Americans, Study Finds

The Huffington Post | Khadeeja Safdar | Posted 05.24.2012

For some Americans, the tax system isn't just about economic interests. It's a question of morality. Middle-class Americans view income tax as a sy...

Just In Time For IPO Tax Break: Facebook Co-Founder Renounces U.S. Citizenship

TechCrunch | Posted 05.11.2012

Well that’s some slick timing. Eduardo Saverin, who is best known for co-founding Facebook with Mark Zuckerberg back in their college days at Harvar...

Toward a People's Budget: Vermont Adopts New Vision for State Spending and Revenue Policies

Anja Rudiger | Posted 05.04.2012

Anja Rudiger

Almost exactly one year after enacting the United States' first universal health care law, the state of Vermont is once again showing the country that another world really is possible.

Tax Innovation: The Path to Long-Term Prosperity

Robert F. Brands | Posted 05.02.2012

Robert F. Brands

Innovation in the halls of industry drives long-term success and, similarly, it will take sustainable innovation by government -- and by all citizens -- to pull us out of the hole we are in.

Most Americans Have This To Say About The Tax Code

The Huffington Post | Bonnie Kavoussi | Posted 04.18.2012

As Americans scramble to send in their taxes, some are deriding the tax code's priorities. Nearly 70 percent of Americans say they think the curr...

Healthy Ways To Spend Your Tax Refund

The Huffington Post | Sarah Klein | Posted 04.18.2012

Tax day has come and gone -- and now that you've filed (or filed for an extension), hopefully at least some of your financial stress is melting away. ...

Fiscal Affairs: Mitt Romney Still Can't Do Arithmetic*

James Kwak | Posted 04.17.2012

James Kwak

Republican tax cut plans fall into two categories: the ones that don't bother pretending that they're going to be revenue neutral and the ones that do. But the latter can never make the numbers add up because you can't have massive rate cuts and be revenue neutral unless you're willing to eliminate popular tax expenditures for the middle class, the preference for investment income, or both. This applies to Mitt Romney's plan. And this is the guy who's supposed to be the hard-headed businessman?

Don't Show Up To A Closed Post Office On Tax Day

The Huffington Post | Bonnie Kavoussi | Posted 04.14.2012

If you plan on mailing in your taxes minutes before midnight on Tuesday, you might want to reconsider your plans. Most post offices are not staying...

Filing a Tax Extension: 3 Things to Know Before the Deadline

Women & Co | Posted 04.12.2012

Women & Co

You must file a tax extension on or before the regular tax deadline. Normally, tax returns and extensions are due on April 15 (remember that in 2012 we have an extra two days).

How Did Mitt Make So Much Money and Pay So Little in Taxes?

Robert Reich | Posted 04.12.2012

Robert Reich

2012-04-12-Screenshot20120412at8.18.38AM.jpgThe magic of private equity reveals a lot about how and why our economic system has become so distorted and lopsided -- and why all the gains are going to the very top.

The Most Organized Cities

The Huffington Post | Bonnie Kavoussi | Posted 04.05.2012

If you wait until the last minute to file your taxes, you're not alone. More than half of the 25 largest U.S. metropolitan areas earned a "C" or wo...

One Million Mustached Americans March on Washington

Dr. Abraham Froman | Posted 06.03.2012

Dr. Abraham Froman

Upon arrival at 1600 Pennsylvania Ave., AMI delivered a very loud message to its resident, President Barack Obama, as AMI chairman Dr. Aaron Perlut read a proclamation that encased the photos of Americans who had 'stached their pictures at StacheAct.com in support of the revolutionary legislation.

Americans Use Tax Refunds To Go Broke

The Huffington Post | Bonnie Kavoussi | Posted 03.23.2012

While some debate whether to save or spend their tax refunds, others are just waiting on the money so they can go totally broke. New research from ...

Some Governors Are Getting It Right on Taxes

Jared Bernstein | Posted 05.16.2012

Jared Bernstein

Oftentimes in public policy, particularly when national politics is frozen, you have to look to governors and states to see what's coming.

Ex-Bank Executive Sues After Not Receiving Whistleblower Reward

The Huffington Post | Alexander Eichler | Posted 03.12.2012

Getting the IRS to give you money might not be the easiest thing in the world. But that's what Joseph Insinga is trying to do. Insinga, formerly an...

You May Be Eligible To Postpone Paying Taxes

The Huffington Post | Bonnie Kavoussi | Posted 03.08.2012

If you are unemployed, you may be able to get away with not paying taxes...for now. The IRS announced on Wednesday that people who have been unempl...

Fiscal Affairs: Making the United States More Like Greece

Simon Johnson | Posted 05.02.2012

Simon Johnson

If you cut taxes, revenues will fall and deficits will increase. If you change the CBO's scoring process to hide this fact -- as is under consideration by leading Republicans -- you are engaging in exactly the same sort of deception that brought down Greece.

4 Things Divorcing Couples Should Know About Taxes

Bari Zell Weinberger, Esq. | Posted 04.25.2012

Bari Zell Weinberger, Esq.

With tax season right around the corner, many couples in the midst of a divorce will likely be confused about how to file their tax return.

What America's Manufacturing Sector and Labor Policies Can Learn From Germany

Michael Shank | Posted 04.25.2012

Michael Shank

The German manufacturing strategy is based on making existing products better again and again, or as a Mercedes ad put it: "We are inventing the car. Since 1886."

Tim Geithner: We Need To Make Sure Corporations 'Pay Their Fair Share'

The Huffington Post | Bonnie Kavoussi | Posted 02.14.2012

If you're feeling upset while filing your taxes this year, knowing that super-rich Americans like Mitt Romney could be paying a lower tax rate, Treasu...

Mitt and the 1%

Jared Bernstein | Posted 03.28.2012

Jared Bernstein

Saying nothing about the quality of the candidate himself, I'm increasingly struck by the economic issues that Mitt Romney brings to the table. Because of his professional background, in no small part amplified by the caustic primary debates -- and OWS, and partisan dysfunction, and more -- the national echo chamber is filled with debates about the bloated income share of the top 1%, the favorable tax treatment of investment income over paychecks, and whether debt-leveraged private equity firms actually add net value to the economy.

The Alternative Millionaires' Minimum Tax

Chris Weigant | Posted 03.26.2012

Chris Weigant

President Obama last night called for a minimum tax rate of 30 percent on income over one million dollars. To some, this sounds like a radical idea, but it really isn't.

Retirement Planner: Minimizing Tax Hit On After-Tax Money

www.contracostatimes.com | Posted 01.21.2012

When mutual funds investing in stocks throughout the year buy and sell different companies, they generate profitable trades (hopefully) that add up to...

Republicans' Tax Dilemma

Chris Weigant | Posted 01.28.2012

Chris Weigant

Have the Republicans in Congress painted themselves into a corner on taxes? They seem to be in the position of choosing between a number of courses of action, most of which would normally be seen as going against their principles.

Ai Weiwei Pays Up

AP/ The Huffington Post | GILLIAN WONG | Posted 01.15.2012

BEIJING -- Outspoken Chinese artist Ai Weiwei said he deposited a $1.3 million guarantee into a government bank account Tuesday out of concern for his...